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Physicians Realty Trust (Physicians Realty Trust) Cyclically Adjusted PS Ratio : 7.34 (As of Apr. 27, 2024)


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What is Physicians Realty Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Physicians Realty Trust's current share price is $17.465. Physicians Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.38. Physicians Realty Trust's Cyclically Adjusted PS Ratio for today is 7.34.

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

DOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.83   Med: 7.24   Max: 9.59
Current: 4.83

During the past years, Physicians Realty Trust's highest Cyclically Adjusted PS Ratio was 9.59. The lowest was 4.83. And the median was 7.24.

DOC's Cyclically Adjusted PS Ratio is not ranked
in the REITs industry.
Industry Median: 4.995 vs DOC: 4.83

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.

Physicians Realty Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.543. 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 $2.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Physicians Realty Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Physicians Realty Trust'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.

Physicians Realty Trust Cyclically Adjusted PS Ratio Chart

Physicians Realty Trust 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 - - 9.41 6.91 5.83

Physicians Realty Trust 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 6.91 6.72 6.20 5.42 5.83

Competitive Comparison of Physicians Realty Trust's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Physicians Realty Trust'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.


Physicians Realty Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Physicians Realty Trust 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.

Physicians Realty Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.465/2.38
=7.34

* 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.

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

For example, Physicians Realty Trust'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)
=0.543/129.4194*129.4194
=0.543

Current CPI (Dec. 2023) = 129.4194.

Physicians Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.377 99.695 0.489
201406 0.438 100.560 0.564
201409 0.390 100.428 0.503
201412 0.408 99.070 0.533
201503 0.373 99.621 0.485
201506 0.400 100.684 0.514
201509 0.464 100.392 0.598
201512 0.459 99.792 0.595
201603 0.412 100.470 0.531
201606 0.391 101.688 0.498
201609 0.504 101.861 0.640
201612 0.527 101.863 0.670
201703 0.538 102.862 0.677
201706 0.476 103.349 0.596
201709 0.507 104.136 0.630
201712 0.525 104.011 0.653
201803 0.562 105.290 0.691
201806 0.571 106.317 0.695
201809 0.560 106.507 0.680
201812 0.562 105.998 0.686
201903 0.559 107.251 0.675
201906 0.497 108.070 0.595
201909 0.560 108.329 0.669
201912 0.551 108.420 0.658
202003 0.530 108.902 0.630
202006 0.518 108.767 0.616
202009 0.509 109.815 0.600
202012 0.516 109.897 0.608
202103 0.522 111.754 0.605
202106 0.507 114.631 0.572
202109 0.515 115.734 0.576
202112 0.509 117.630 0.560
202203 0.547 121.301 0.584
202206 0.553 125.017 0.572
202209 0.548 125.227 0.566
202212 0.550 125.222 0.568
202303 0.540 127.348 0.549
202306 0.542 128.729 0.545
202309 0.555 129.860 0.553
202312 0.543 129.419 0.543

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.


Physicians Realty Trust  (NYSE:DOC) 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.


Physicians Realty Trust Cyclically Adjusted PS Ratio Related Terms

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


Physicians Realty Trust (Physicians Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
309 North Water Street, Suite 500, Milwaukee, WI, USA, 53202
Physicians Realty Trust is a company belonging to the United States healthcare sector. It acquires, develops, and leases healthcare properties to physicians, hospitals, and healthcare delivery systems. Its portfolio includes medical office buildings, outpatient treatment and diagnostic facilities, physician group practice clinics, ambulatory surgery centres, and specialty hospitals. The company also alternatively invests in life science facilities, senior housing properties, skilled nursing facilities, and treatment centers.
Executives
Laurie P Becker officer: SVP-Controller 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Albert Jr Black director 3333 LEE PARKWAY STE 100, DALLAS TX 75219
Tommy G Thompson director 7711 CARONDELET, ST. LOUIS MO 63105
John T Thomas director, officer: President and CEO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Bradley D. Page officer: Senior VP & General Counsel 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Pamela Shelley-kessler director 300 ESPLANADE DR #1860, OXNARD CA 93036
Richard A. Weiss director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
William Mark Dukes officer: SVP-Asset Management 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Ava Lias-booker director 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Amy M Hall officer: SVP-Leasing&Physician Strategy 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Daniel M Klein officer: Senior VP-Deputy CIO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Jeffrey Theiler officer: Executive Vice President & CFO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Stanton D. Anderson director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
John W. Lucey officer: Senior Vice President 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Mark D. Theine officer: Senior VP of Asset/Investmets 250 E. WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202

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