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Amrep (AXR) Cyclically Adjusted PS Ratio : 3.49 (As of May. 16, 2024)


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What is Amrep Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Amrep's current share price is $20.74. Amrep's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $5.94. Amrep's Cyclically Adjusted PS Ratio for today is 3.49.

The historical rank and industry rank for Amrep's Cyclically Adjusted PS Ratio or its related term are showing as below:

AXR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.54   Max: 4.1
Current: 3.55

During the past years, Amrep's highest Cyclically Adjusted PS Ratio was 4.10. The lowest was 0.17. And the median was 0.54.

AXR's Cyclically Adjusted PS Ratio is ranked worse than
68.57% of 1368 companies
in the Real Estate industry
Industry Median: 1.755 vs AXR: 3.55

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.

Amrep's adjusted revenue per share data for the three months ended in Jan. 2024 was $2.374. 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 $5.94 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amrep Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amrep'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.

Amrep Cyclically Adjusted PS Ratio Chart

Amrep Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.57 1.45 1.83 2.14

Amrep Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.06 2.14 2.86 2.74 3.43

Competitive Comparison of Amrep's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Amrep'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.


Amrep's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Amrep 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.

Amrep's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.74/5.94
=3.49

* 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.

Amrep's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Amrep's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.374/130.1244*130.1244
=2.374

Current CPI (Jan. 2024) = 130.1244.

Amrep Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.904 100.023 1.176
201407 1.621 100.520 2.098
201410 1.789 100.176 2.324
201501 1.647 98.604 2.174
201504 1.233 99.824 1.607
201507 1.193 100.691 1.542
201510 1.396 100.346 1.810
201601 1.514 99.957 1.971
201604 1.076 100.947 1.387
201607 1.514 101.524 1.941
201610 1.419 101.988 1.810
201701 1.210 102.456 1.537
201704 1.103 103.167 1.391
201707 1.401 103.278 1.765
201710 1.132 104.070 1.415
201801 1.285 104.578 1.599
201804 -2.675 105.708 -3.293
201807 0.522 106.324 0.639
201810 0.322 106.695 0.393
201901 0.294 106.200 0.360
201904 0.431 107.818 0.520
201907 0.589 108.250 0.708
201910 0.487 108.577 0.584
202001 0.647 108.841 0.774
202004 0.585 108.173 0.704
202007 0.514 109.318 0.612
202010 1.135 109.861 1.344
202101 1.067 110.364 1.258
202104 2.539 112.673 2.932
202107 1.425 115.183 1.610
202110 2.182 116.696 2.433
202201 1.272 118.619 1.395
202204 3.547 121.978 3.784
202207 2.022 125.002 2.105
202210 3.043 125.734 3.149
202301 1.717 126.223 1.770
202304 2.389 127.992 2.429
202307 1.932 128.974 1.949
202310 1.658 129.810 1.662
202401 2.374 130.124 2.374

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.


Amrep  (NYSE:AXR) 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.


Amrep Cyclically Adjusted PS Ratio Related Terms

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


Amrep (AXR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
850 West Chester Pike, Suite 205, Havertown, PA, USA, 19083
Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.
Executives
James H Dahl 10 percent owner 1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
Cloues Edward B Ii director PENN VIRGINIA CORPORATION, FOUR RADNOR CORP. CTR., SUITE 200, RADNOR PA 19087
Rainey E. Lancaster 10 percent owner 1 APPLE PARK WAY, CUPERTINO CA 95014
Nick G Karabots director, 10 percent owner
Gate City Capital Management, Llc 10 percent owner 425 S. FINANCIAL PLACE, STE 910A, CHICAGO IL 60605
Theodore J. Gaasche director 1521 GREEN VALLEY DRIVE, COLLEGEVILLE PA 19426
Adrienne Uleau officer: VP, Finance & Accounting 1142 MYRTLEWOOD AVE, HAVERTOWN PA 19083
Heinrich Bauer (usa) Llc 10 percent owner 270 SYLVAN AVE, ENGELWOOD CLIFFS NJ 07632
Mcmonagle James Michael Jr officer: VP and Chief Financial Officer 620 W. GERMANTOWN PIKE, SUITE 175, PLYMOUTH MEETING PA 19462
Robert E Wisniewski officer: EVP and CFO C/O K-TRON INTERNATIONAL, INC., ROUTES 55 & 553, PO BOX 888, PITMAN NJ 08071
Clifford Robert Martin officer: VP and Chief Financial Officer AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Rory Burke officer: Pres&CEO, Palm Coast Data, LLC C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Christopher V Vitale officer: Vice Pres., Gen. Counsel & Sec AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Peter M. Pizza officer: Vice President and CFO C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540

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