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Hornigold Reit (WAR:HRL) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Hornigold Reit Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hornigold Reit Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hornigold Reit'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.

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Hornigold Reit Cyclically Adjusted PS Ratio Chart

Hornigold Reit Annual Data
Trend Dec11 Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Hornigold Reit Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 4.15 - 2.97 - -

Competitive Comparison of Hornigold Reit's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Hornigold Reit'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.


Hornigold Reit's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Hornigold Reit's Cyclically Adjusted PS Ratio falls into.



Hornigold Reit 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.

Hornigold Reit's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hornigold Reit'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)
=0/149.0435*149.0435
=0.000

Current CPI (Mar. 2024) = 149.0435.

Hornigold Reit Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.003 100.529 0.004
201306 0.005 100.855 0.007
201309 0.002 100.936 0.003
201403 0.008 101.262 0.012
201406 0.003 101.180 0.004
201409 0.000 100.611 0.000
201412 0.002 100.122 0.003
201503 0.000 100.041 0.000
201506 0.000 100.448 0.000
201509 0.000 99.634 0.000
201512 0.002 99.471 0.003
201603 0.000 98.983 0.000
201606 0.000 99.552 0.000
201609 0.000 99.064 0.000
201612 0.000 100.366 0.000
201703 0.000 101.018 0.000
201706 0.000 101.180 0.000
201709 0.000 101.343 0.000
201712 0.010 102.564 0.015
201803 0.000 102.564 0.000
201806 0.000 103.378 0.000
201809 0.000 103.378 0.000
201812 0.014 103.785 0.020
201903 0.006 104.274 0.009
201906 0.014 105.983 0.020
201909 0.012 105.983 0.017
201912 0.008 107.123 0.011
202003 0.003 109.076 0.004
202006 0.001 109.402 0.001
202009 0.002 109.320 0.003
202012 0.003 109.565 0.004
202103 0.001 112.658 0.001
202106 0.013 113.960 0.017
202109 0.008 115.588 0.010
202112 -0.009 119.088 -0.011
202203 0.003 125.031 0.004
202206 0.000 131.705 0.000
202209 0.005 135.531 0.005
202303 0.000 145.950 0.000
202403 0.000 149.044 0.000

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.


Hornigold Reit  (WAR:HRL) 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.


Hornigold Reit Cyclically Adjusted PS Ratio Related Terms

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Hornigold Reit (WAR:HRL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ul. Moniuszki 10/1, Katowice, POL, 40-005
Hornigold Reit SA is a Poland based company that engages in the short-term rental of apartments. It provides apartments for rent located in renovated tenement houses in the city centers. The company has various apartments located in Grodowa, Slowackiego, Szopienice, Szopienicka, and Kopernika.

Hornigold Reit (WAR:HRL) Headlines