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Crombie Real Estate Investment Trust (TSX:CRR.UN) Cyclically Adjusted PS Ratio : 4.17 (As of May. 28, 2024)


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What is Crombie Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Crombie Real Estate Investment Trust's current share price is C$12.83. Crombie Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$3.08. Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 4.17.

The historical rank and industry rank for Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:CRR.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.59   Med: 4.21   Max: 6.16
Current: 4.16

During the past years, Crombie Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 6.16. The lowest was 2.59. And the median was 4.21.

TSX:CRR.UN's Cyclically Adjusted PS Ratio is ranked better than
57.35% of 490 companies
in the REITs industry
Industry Median: 4.985 vs TSX:CRR.UN: 4.16

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Crombie Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.658. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$3.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Crombie Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crombie Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Crombie Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 4.73 6.12 5.10 4.48

Crombie Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.88 4.38 4.02 4.48 4.44

Competitive Comparison of Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.


Crombie Real Estate Investment Trust Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.83/3.08
=4.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Crombie Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Crombie Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.658/126.2576*126.2576
=0.658

Current CPI (Mar. 2024) = 126.2576.

Crombie Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.682 99.473 0.866
201409 0.673 99.394 0.855
201412 0.694 98.367 0.891
201503 0.708 99.789 0.896
201506 0.725 100.500 0.911
201509 0.684 100.421 0.860
201512 0.706 99.947 0.892
201603 0.720 101.054 0.900
201606 0.685 102.002 0.848
201609 0.668 101.765 0.829
201612 0.709 101.449 0.882
201703 0.685 102.634 0.843
201706 0.679 103.029 0.832
201709 0.682 103.345 0.833
201712 0.701 103.345 0.856
201803 0.699 105.004 0.840
201806 0.688 105.557 0.823
201809 0.663 105.636 0.792
201812 0.688 105.399 0.824
201903 0.694 106.979 0.819
201906 0.655 107.690 0.768
201909 0.642 107.611 0.753
201912 0.638 107.769 0.747
202003 0.659 107.927 0.771
202006 0.610 108.401 0.710
202009 0.587 108.164 0.685
202012 0.613 108.559 0.713
202103 0.654 110.298 0.749
202106 0.621 111.720 0.702
202109 0.618 112.905 0.691
202112 0.630 113.774 0.699
202203 0.608 117.646 0.653
202206 0.582 120.806 0.608
202209 0.584 120.648 0.611
202212 0.653 120.964 0.682
202303 0.629 122.702 0.647
202306 0.614 124.203 0.624
202309 0.582 125.230 0.587
202312 0.674 125.072 0.680
202403 0.658 126.258 0.658

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Crombie Real Estate Investment Trust  (TSX:CRR.UN) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.

Crombie Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Crombie Real Estate Investment Trust's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Crombie Real Estate Investment Trust (TSX:CRR.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (TSX:CRR.UN) » Definitions » Cyclically Adjusted PS Ratio
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Traded in Other Exchanges
CROMF:USA
Address
610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2
Website
https://www.crombiereit.ca
Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

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