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Capital Properties (Capital Properties) Cyclically Adjusted PS Ratio : 10.52 (As of Apr. 27, 2024)


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What is Capital Properties Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Capital Properties's current share price is $10.20. Capital Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.97. Capital Properties's Cyclically Adjusted PS Ratio for today is 10.52.

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

CPTP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.52   Med: 11.68   Max: 15.71
Current: 10.56

During the past years, Capital Properties's highest Cyclically Adjusted PS Ratio was 15.71. The lowest was 4.52. And the median was 11.68.

CPTP's Cyclically Adjusted PS Ratio is ranked worse than
90.89% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs CPTP: 10.56

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.

Capital Properties's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.223. 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 $0.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Capital Properties'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.

Capital Properties Cyclically Adjusted PS Ratio Chart

Capital Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.67 12.25 12.56 11.20 12.42

Capital Properties 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 11.20 12.49 11.55 12.62 12.42

Competitive Comparison of Capital Properties's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Capital Properties'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.


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

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

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



Capital Properties 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.

Capital Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.20/0.97
=10.52

* 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.

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

For example, Capital Properties'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)
=0.223/129.4194*129.4194
=0.223

Current CPI (Dec. 2023) = 129.4194.

Capital Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.255 99.695 0.331
201406 0.306 100.560 0.394
201409 0.305 100.428 0.393
201412 0.310 99.070 0.405
201503 0.311 99.621 0.404
201506 0.335 100.684 0.431
201509 0.323 100.392 0.416
201512 -0.210 99.792 -0.272
201603 0.190 100.470 0.245
201606 0.207 101.688 0.263
201609 0.188 101.861 0.239
201612 0.191 101.863 0.243
201703 0.190 102.862 0.239
201706 0.209 103.349 0.262
201709 0.191 104.136 0.237
201712 0.200 104.011 0.249
201803 0.193 105.290 0.237
201806 0.209 106.317 0.254
201809 0.199 106.507 0.242
201812 0.193 105.998 0.236
201903 0.189 107.251 0.228
201906 0.219 108.070 0.262
201909 0.177 108.329 0.211
201912 0.190 108.420 0.227
202003 0.180 108.902 0.214
202006 0.190 108.767 0.226
202009 0.164 109.815 0.193
202012 0.160 109.897 0.188
202103 0.159 111.754 0.184
202106 0.184 114.631 0.208
202109 0.212 115.734 0.237
202112 0.174 117.630 0.191
202203 0.176 121.301 0.188
202206 0.220 125.017 0.228
202209 0.183 125.227 0.189
202212 0.190 125.222 0.196
202303 0.190 127.348 0.193
202306 0.226 128.729 0.227
202309 0.199 129.860 0.198
202312 0.223 129.419 0.223

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.


Capital Properties  (OTCPK:CPTP) 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.


Capital Properties Cyclically Adjusted PS Ratio Related Terms

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


Capital Properties (Capital Properties) Business Description

Traded in Other Exchanges
N/A
Address
5 Steeple Street, Unit 303, Providence, RI, USA, 02903
Capital Properties Inc is a real estate company. The company's business activities include the long-term leasing of certain real estate interests in downtown Providence, Rhode Island, the leasing of a portion of its building under short-term leasing arrangements, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts. The properties of the company include historic buildings in and adjacent to the Capital Center District in Providence, Rhode Island, as well as owns several locations on which billboard faces are constructed. Its only operating segment is Leasing.
Executives
Daniel T Noreck director 75 HAMMOND STREET, WORCESTER MA 01610
Linda Eder other: See Remarks 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Eder 2022 Community Property Trust 10 percent owner 220 SUNRISE AVENUE, SUITE 205, PALM BEACH FL 33480
Robert H Eder director, 10 percent owner, officer: CEO & President 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Susan R. Johnson officer: Treasurer 5 STEEPLE STREET, UNIT 303, PROVIDENCE RI 02903
Steven G Triedman director 25 POWER STREET, PROVIDENCE RI 02903
P Scott Conti officer: President 75 HAMMOND STREET, WORCESTER MA 01610
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Matthew C Baum director 152 IRVING AVENUE, PROVIDENCE RI 02906
Todd D Turcotte officer: Vice President 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Roy J Nirschel director 45 FERRY ROAD, BRISTOL RI 02809
Alfred J Corso director 6 LEWIS STREET, BARRINGTON RI 02806
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Barbara J Dreyer officer: Treasurer
Harris N Rosen director

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