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BRT Apartments (BRT Apartments) Cyclically Adjusted PS Ratio : 3.02 (As of Apr. 27, 2024)


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What is BRT Apartments Cyclically Adjusted PS Ratio?

As of today (2024-04-27), BRT Apartments's current share price is $17.53. BRT Apartments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.81. BRT Apartments's Cyclically Adjusted PS Ratio for today is 3.02.

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

BRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.93   Max: 4.95
Current: 3.02

During the past years, BRT Apartments's highest Cyclically Adjusted PS Ratio was 4.95. The lowest was 1.91. And the median was 2.93.

BRT's Cyclically Adjusted PS Ratio is ranked better than
70.82% of 490 companies
in the REITs industry
Industry Median: 4.995 vs BRT: 3.02

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.

BRT Apartments's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.331. 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 $5.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BRT Apartments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BRT Apartments'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.

BRT Apartments Cyclically Adjusted PS Ratio Chart

BRT Apartments Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 3.35 4.92 3.60 3.20

BRT Apartments 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 3.60 3.53 3.50 2.96 3.20

Competitive Comparison of BRT Apartments's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, BRT Apartments'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.


BRT Apartments's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



BRT Apartments 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.

BRT Apartments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.53/5.81
=3.02

* 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.

BRT Apartments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BRT Apartments'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)
=1.331/129.4194*129.4194
=1.331

Current CPI (Dec. 2023) = 129.4194.

BRT Apartments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.060 99.695 1.376
201406 1.242 100.560 1.598
201409 1.035 100.428 1.334
201412 1.389 99.070 1.815
201503 1.357 99.621 1.763
201506 1.403 100.684 1.803
201509 1.678 100.392 2.163
201512 1.583 99.792 2.053
201603 1.841 100.470 2.371
201606 1.743 101.688 2.218
201609 1.862 101.861 2.366
201612 1.845 101.863 2.344
201703 1.775 102.862 2.233
201706 1.914 103.349 2.397
201709 2.010 104.136 2.498
201712 1.993 104.011 2.480
201803 2.053 105.290 2.523
201806 2.092 106.317 2.547
201809 1.962 106.507 2.384
201812 1.972 105.998 2.408
201903 0.449 107.251 0.542
201906 0.458 108.070 0.548
201909 0.399 108.329 0.477
201912 0.408 108.420 0.487
202003 0.409 108.902 0.486
202006 0.397 108.767 0.472
202009 0.426 109.815 0.502
202012 0.410 109.897 0.483
202103 0.410 111.754 0.475
202106 0.393 114.631 0.444
202109 0.446 115.734 0.499
202112 0.592 117.630 0.651
202203 0.648 121.301 0.691
202206 0.828 125.017 0.857
202209 1.206 125.227 1.246
202212 1.258 125.222 1.300
202303 1.270 127.348 1.291
202306 1.280 128.729 1.287
202309 1.336 129.860 1.331
202312 1.331 129.419 1.331

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.


BRT Apartments  (NYSE:BRT) 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.


BRT Apartments Cyclically Adjusted PS Ratio Related Terms

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


BRT Apartments (BRT Apartments) Business Description

Industry
Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
Executives
Ryan Baltimore officer: Senior Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mitchell Gould officer: VICE PRESIDENT
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Jeffrey Gould officer: PRESIDENT AND CE0
Matthew J Gould director, officer: Senior Vice President
Mark H Lundy officer: VICE PRESIDENT
Isaac Kalish officer: Assistant Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Carol Cicero director 516 TOWER TRACE, CANTON GA 30115
George Zweier officer: VICE PRESIDENT - CFO
Jonathan H Simon director 1020 PARK AVENUE, APARTMENT 10D, NEW YORK NY 10028
Jeffrey Rubin director 40 CUTTER MILL ROAD, SUITE 302, GREAT NECK NY 11021
Fredric H Gould director, officer: Chairman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Steven Rosenzweig officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Alysa Block officer: Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021