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Alony-Hetz Properties & Investments (XTAE:ALHE) Cyclically Adjusted PS Ratio : 3.59 (As of May. 21, 2024)


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What is Alony-Hetz Properties & Investments Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Alony-Hetz Properties & Investments's current share price is ₪26.23. Alony-Hetz Properties & Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₪7.30. Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio for today is 3.59.

The historical rank and industry rank for Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio or its related term are showing as below:

XTAE:ALHE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.57   Med: 7.66   Max: 11.99
Current: 3.7

During the past years, Alony-Hetz Properties & Investments's highest Cyclically Adjusted PS Ratio was 11.99. The lowest was 2.57. And the median was 7.66.

XTAE:ALHE's Cyclically Adjusted PS Ratio is ranked worse than
69.9% of 1372 companies
in the Real Estate industry
Industry Median: 1.755 vs XTAE:ALHE: 3.70

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.

Alony-Hetz Properties & Investments's adjusted revenue per share data for the three months ended in Dec. 2023 was ₪2.621. 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 ₪7.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alony-Hetz Properties & Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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.

Alony-Hetz Properties & Investments Cyclically Adjusted PS Ratio Chart

Alony-Hetz Properties & Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.06 8.65 10.10 5.44

Alony-Hetz Properties & Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.44 4.11 4.12 3.63 4.14

Competitive Comparison of Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Alony-Hetz Properties & Investments'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.


Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio falls into.



Alony-Hetz Properties & Investments 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.

Alony-Hetz Properties & Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.23/7.3
=3.59

* 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.

Alony-Hetz Properties & Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alony-Hetz Properties & Investments's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.621/129.4194*129.4194
=2.621

Current CPI (Dec. 2023) = 129.4194.

Alony-Hetz Properties & Investments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.022 99.695 1.327
201406 1.668 100.560 2.147
201409 2.070 100.428 2.668
201412 -0.646 99.070 -0.844
201503 1.011 99.621 1.313
201506 1.015 100.684 1.305
201509 1.009 100.392 1.301
201512 0.998 99.792 1.294
201603 1.119 100.470 1.441
201606 1.148 101.688 1.461
201609 1.137 101.861 1.445
201612 1.285 101.863 1.633
201703 1.228 102.862 1.545
201706 1.217 103.349 1.524
201709 1.258 104.136 1.563
201712 1.264 104.011 1.573
201803 1.237 105.290 1.520
201806 1.252 106.317 1.524
201809 1.282 106.507 1.558
201812 1.344 105.998 1.641
201903 1.449 107.251 1.749
201906 1.516 108.070 1.815
201909 1.555 108.329 1.858
201912 1.658 108.420 1.979
202003 1.784 108.902 2.120
202006 1.538 108.767 1.830
202009 1.703 109.815 2.007
202012 1.635 109.897 1.925
202103 1.603 111.754 1.856
202106 1.785 114.631 2.015
202109 1.831 115.734 2.048
202112 1.979 117.630 2.177
202203 2.126 121.301 2.268
202206 2.311 125.017 2.392
202209 2.452 125.227 2.534
202212 2.994 125.222 3.094
202303 2.589 127.348 2.631
202306 2.547 128.729 2.561
202309 2.548 129.860 2.539
202312 2.621 129.419 2.621

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.


Alony-Hetz Properties & Investments  (XTAE:ALHE) 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.


Alony-Hetz Properties & Investments Cyclically Adjusted PS Ratio Related Terms

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Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Traded in Other Exchanges
N/A
Address
2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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