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Kilroy Realty (Kilroy Realty) Cyclically Adjusted PS Ratio : 3.75 (As of Apr. 29, 2024)


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What is Kilroy Realty Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Kilroy Realty's current share price is $34.09. Kilroy Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.09. Kilroy Realty's Cyclically Adjusted PS Ratio for today is 3.75.

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

KRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.04   Med: 8.98   Max: 12.65
Current: 3.65

During the past years, Kilroy Realty's highest Cyclically Adjusted PS Ratio was 12.65. The lowest was 3.04. And the median was 8.98.

KRC's Cyclically Adjusted PS Ratio is ranked better than
61.79% of 492 companies
in the REITs industry
Industry Median: 5 vs KRC: 3.65

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.

Kilroy Realty's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.284. 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 $9.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kilroy Realty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kilroy Realty'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.

Kilroy Realty Cyclically Adjusted PS Ratio Chart

Kilroy Realty 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 12.02 7.92 8.44 4.49 4.38

Kilroy Realty 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 4.49 3.68 3.36 3.48 4.38

Competitive Comparison of Kilroy Realty's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Kilroy Realty'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.


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

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

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



Kilroy Realty 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.09/9.09
=3.75

* 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.

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

For example, Kilroy Realty'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)
=2.284/129.4194*129.4194
=2.284

Current CPI (Dec. 2023) = 129.4194.

Kilroy Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.471 99.695 1.910
201406 1.503 100.560 1.934
201409 1.516 100.428 1.954
201412 1.648 99.070 2.153
201503 1.671 99.621 2.171
201506 1.650 100.684 2.121
201509 1.528 100.392 1.970
201512 1.588 99.792 2.059
201603 1.568 100.470 2.020
201606 1.725 101.688 2.195
201609 1.812 101.861 2.302
201612 1.802 101.863 2.289
201703 1.829 102.862 2.301
201706 1.827 103.349 2.288
201709 1.835 104.136 2.281
201712 1.791 104.011 2.229
201803 1.843 105.290 2.265
201806 1.868 106.317 2.274
201809 1.843 106.507 2.239
201812 1.884 105.998 2.300
201903 1.983 107.251 2.393
201906 1.969 108.070 2.358
201909 2.046 108.329 2.444
201912 2.063 108.420 2.463
202003 2.061 108.902 2.449
202006 1.899 108.767 2.260
202009 1.974 109.815 2.326
202012 1.973 109.897 2.323
202103 2.017 111.754 2.336
202106 1.933 114.631 2.182
202109 1.986 115.734 2.221
202112 2.229 117.630 2.452
202203 2.268 121.301 2.420
202206 2.314 125.017 2.395
202209 2.354 125.227 2.433
202212 2.422 125.222 2.503
202303 2.494 127.348 2.535
202306 2.422 128.729 2.435
202309 2.414 129.860 2.406
202312 2.284 129.419 2.284

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.


Kilroy Realty  (NYSE:KRC) 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.


Kilroy Realty Cyclically Adjusted PS Ratio Related Terms

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


Kilroy Realty (Kilroy Realty) Business Description

Industry
Traded in Other Exchanges
Address
12200 West Olympic Boulevard, Suite 200, Los Angeles, CA, USA, 90064
Kilroy Realty is a premier owner and landlord of approximately 16 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, and greater Seattle. The company operates as a real estate investment trust.
Executives
John Osmond officer: EVP, Head of Asset Management C/O KILROY REALTY CORPORATION, 12200 WEST OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
Michelle Ngo officer: SVP, CFO & Treasurer C/O KILROY REALTY CORPORATION, 12200 W. OLYMPIC BOULEVARD, SUITE 200, LOS ANGELES CA 90064
Eliott Trencher officer: SVP, Chief Investment Officer C/O KILROY REALTY CORPORATION, 12200 W. OLYMPIC BOULEVARD, SUITE 200, LOS ANGELES CA 90064
Louisa Ritter director C/O KILROY REALTY CORPORATION, 12200 W. OLYMPIC BOULEVARD, SUITE 200, LOS ANGELES CA 90064
Jonathan Praw officer: SVP, Chief Investment Officer C/O KILROY REALTYCORPORATION, 12200 W. OLYNPIC BOULEVARD, SUITE 200, LOS ANGELES CA 90064
Merryl Elizabeth Werber officer: SVP, CAO & Controller 12200 W OLYMPIC BLVD STE 200, LOS ANGELES CA 90064
Stephen A Rosetta officer: EVP, Chief Investment Officer C/O KILROY REALTY CORPORATION, 12200 W. OLYMPIC BOULEVARD, SUITE 200, LOS ANGELES CA 90064
Jolie A. Hunt director C/O KLIROY REALTY CORPORATION, 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
Michael L. Sanford officer: EVP, Northern California 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
Peter B. Stoneberg director 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
Gary R. Stevenson director 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
David Joshua Simon officer: EVP 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
A. Robert Paratte officer: See Remarks 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
Justin William Smart officer: See Remarks 12200 W. OLYMPIC BLVD., SUITE 200, LOS ANGELES CA 90064
Kilroy John B Sr director 12200 W OLYMPIC BLVD, SUITE 200, LOS ANGELES CA 90064