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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Cyclically Adjusted PS Ratio : 0.56 (As of May. 16, 2024)


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What is DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PS Ratio?

As of today (2024-05-16), DEMIRE Deutsche Mittelstand Real Estate AG's current share price is €1.00. DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €1.79. DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio for today is 0.56.

The historical rank and industry rank for DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio or its related term are showing as below:

XTER:DMRE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.52   Max: 3.51
Current: 0.57

During the past years, DEMIRE Deutsche Mittelstand Real Estate AG's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 0.40. And the median was 1.52.

XTER:DMRE's Cyclically Adjusted PS Ratio is ranked better than
76.1% of 1368 companies
in the Real Estate industry
Industry Median: 1.755 vs XTER:DMRE: 0.57

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.

DEMIRE Deutsche Mittelstand Real Estate AG's adjusted revenue per share data for the three months ended in Sep. 2023 was €0.252. 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 €1.79 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate AG'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.

DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PS Ratio Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.82 1.53

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.30 1.53 1.29 1.12 0.74

Competitive Comparison of DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate AG'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.


DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio falls into.



DEMIRE Deutsche Mittelstand Real Estate AG 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.00/1.79
=0.56

* 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, DEMIRE Deutsche Mittelstand Real Estate AG's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.252/124.1946*124.1946
=0.252

Current CPI (Sep. 2023) = 124.1946.

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.000 98.516 0.000
201309 0.006 98.983 0.008
201403 0.000 99.543 0.000
201409 0.035 99.823 0.044
201412 0.103 99.543 0.129
201503 0.285 99.717 0.355
201506 0.579 100.417 0.716
201509 0.430 100.417 0.532
201512 0.310 99.717 0.386
201603 0.553 100.017 0.687
201606 0.554 100.717 0.683
201609 0.469 101.017 0.577
201612 0.507 101.217 0.622
201703 0.574 101.417 0.703
201706 0.459 102.117 0.558
201709 0.381 102.717 0.461
201712 0.464 102.617 0.562
201803 0.351 102.917 0.424
201806 0.292 104.017 0.349
201809 0.303 104.718 0.359
201812 0.232 104.217 0.276
201903 0.235 104.217 0.280
201906 0.234 105.718 0.275
201909 0.472 106.018 0.553
201912 0.425 105.818 0.499
202003 0.334 105.718 0.392
202006 0.496 106.618 0.578
202009 0.391 105.818 0.459
202012 0.640 105.518 0.753
202103 0.271 107.518 0.313
202106 0.597 108.486 0.683
202109 0.415 109.435 0.471
202112 0.661 110.384 0.744
202203 0.269 113.968 0.293
202206 0.253 115.760 0.271
202209 0.248 118.818 0.259
202212 0.361 119.345 0.376
202303 0.275 122.402 0.279
202306 0.864 123.140 0.871
202309 0.252 124.195 0.252

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.


DEMIRE Deutsche Mittelstand Real Estate AG  (XTER:DMRE) 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.


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PS Ratio Related Terms

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


DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description

Traded in Other Exchanges
Address
Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines