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H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Cyclically Adjusted PS Ratio : 1.94 (As of Apr. 27, 2024)


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What is H&R Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-27), H&R Real Estate Investment Trust's current share price is $6.64. H&R Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.42. H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 1.94.

The historical rank and industry rank for H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

HRUFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 3.41   Max: 4.01
Current: 2

During the past years, H&R Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 4.01. The lowest was 1.36. And the median was 3.41.

HRUFF's Cyclically Adjusted PS Ratio is ranked better than
81.43% of 490 companies
in the REITs industry
Industry Median: 4.995 vs HRUFF: 2.00

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.

H&R Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.586. 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 $3.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


H&R Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for H&R Real Estate Investment 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.

H&R Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

H&R Real Estate Investment 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 3.52 2.26 2.71 2.59 2.16

H&R Real Estate Investment 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 2.59 2.69 2.19 1.99 2.16

Competitive Comparison of H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, H&R Real Estate Investment 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.


H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



H&R Real Estate Investment 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.

H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.64/3.42
=1.94

* 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.

H&R Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, H&R Real Estate Investment 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)
=0.586/125.4675*125.4675
=0.586

Current CPI (Dec. 2023) = 125.4675.

H&R Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.039 98.604 1.322
201406 1.037 99.473 1.308
201409 1.007 99.394 1.271
201412 0.974 98.367 1.242
201503 0.863 99.789 1.085
201506 0.866 100.500 1.081
201509 0.807 100.421 1.008
201512 0.772 99.947 0.969
201603 0.819 101.054 1.017
201606 0.799 102.002 0.983
201609 0.787 101.765 0.970
201612 0.796 101.449 0.984
201703 0.767 102.634 0.938
201706 0.749 103.029 0.912
201709 0.814 103.345 0.988
201712 0.801 103.345 0.972
201803 0.797 105.004 0.952
201806 0.781 105.557 0.928
201809 0.769 105.636 0.913
201812 0.775 105.399 0.923
201903 0.782 106.979 0.917
201906 0.755 107.690 0.880
201909 0.743 107.611 0.866
201912 0.748 107.769 0.871
202003 0.699 107.927 0.813
202006 0.694 108.401 0.803
202009 0.716 108.164 0.831
202012 0.755 108.559 0.873
202103 0.739 110.298 0.841
202106 0.754 111.720 0.847
202109 0.736 112.905 0.818
202112 0.720 113.774 0.794
202203 0.560 117.646 0.597
202206 0.577 120.806 0.599
202209 0.601 120.648 0.625
202212 0.600 120.964 0.622
202303 0.600 122.702 0.614
202306 0.603 124.203 0.609
202309 0.593 125.230 0.594
202312 0.586 125.468 0.586

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.


H&R Real Estate Investment Trust  (OTCPK:HRUFF) 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.


H&R Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4
H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its Canadian properties. In terms of property type, H&R's Office contribute to its total revenue.

H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Headlines

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