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Manhattan Bridge Capital (Manhattan Bridge Capital) Cyclically Adjusted PS Ratio : 7.52 (As of May. 15, 2024)


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What is Manhattan Bridge Capital Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Manhattan Bridge Capital's current share price is $5.0364. Manhattan Bridge Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.67. Manhattan Bridge Capital's Cyclically Adjusted PS Ratio for today is 7.52.

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

LOAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 9.39   Max: 20
Current: 7.56

During the past years, Manhattan Bridge Capital's highest Cyclically Adjusted PS Ratio was 20.00. The lowest was 1.39. And the median was 9.39.

LOAN's Cyclically Adjusted PS Ratio is ranked worse than
67.69% of 489 companies
in the REITs industry
Industry Median: 4.97 vs LOAN: 7.56

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.

Manhattan Bridge Capital's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.165. 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 $0.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manhattan Bridge Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Manhattan Bridge Capital'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.

Manhattan Bridge Capital Cyclically Adjusted PS Ratio Chart

Manhattan Bridge Capital 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 12.40 9.71 9.39 8.38 7.47

Manhattan Bridge Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.98 7.67 7.22 7.47 7.59

Competitive Comparison of Manhattan Bridge Capital's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, Manhattan Bridge Capital'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.


Manhattan Bridge Capital's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Manhattan Bridge Capital 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.0364/0.67
=7.52

* 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.

Manhattan Bridge Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Manhattan Bridge Capital's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.165/129.4194*129.4194
=0.165

Current CPI (Mar. 2024) = 129.4194.

Manhattan Bridge Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.119 100.560 0.153
201409 0.114 100.428 0.147
201412 0.118 99.070 0.154
201503 0.119 99.621 0.155
201506 0.117 100.684 0.150
201509 0.120 100.392 0.155
201512 0.131 99.792 0.170
201603 0.127 100.470 0.164
201606 0.131 101.688 0.167
201609 0.126 101.861 0.160
201612 0.125 101.863 0.159
201703 0.134 102.862 0.169
201706 0.138 103.349 0.173
201709 0.153 104.136 0.190
201712 0.152 104.011 0.189
201803 0.156 105.290 0.192
201806 0.155 106.317 0.189
201809 0.158 106.507 0.192
201812 0.160 105.998 0.195
201903 0.146 107.251 0.176
201906 0.144 108.070 0.172
201909 0.152 108.329 0.182
201912 0.149 108.420 0.178
202003 0.141 108.902 0.168
202006 0.147 108.767 0.175
202009 0.151 109.815 0.178
202012 0.149 109.897 0.175
202103 0.147 111.754 0.170
202106 0.145 114.631 0.164
202109 0.128 115.734 0.143
202112 0.132 117.630 0.145
202203 0.155 121.301 0.165
202206 0.152 125.017 0.157
202209 0.140 125.227 0.145
202212 0.141 125.222 0.146
202303 0.153 127.348 0.155
202306 0.159 128.729 0.160
202309 0.159 129.860 0.158
202312 0.166 129.419 0.166
202403 0.165 129.419 0.165

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.


Manhattan Bridge Capital  (NAS:LOAN) 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.


Manhattan Bridge Capital Cyclically Adjusted PS Ratio Related Terms

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


Manhattan Bridge Capital (Manhattan Bridge Capital) Business Description

Traded in Other Exchanges
N/A
Address
60 Cutter Mill Road, Suite 205, Great Neck, NY, USA, 11021
Manhattan Bridge Capital Inc is a real estate finance company taxed as a REIT that specializes in originating, servicing and managing a portfolio of first mortgage loans. The company offers short-term, secured, non-banking loans which may renew or extend, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or development of residential or commercial properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida.
Executives
Assaf Ran director, 10 percent owner, officer: President & CEO C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Michael Jackson director AGENCY.COM, 20 EXCHANGE PL, NEW YORK NY 10005
Lyron L Bentovim director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Vanessa Kao officer: CFO C/O MANHATTAN BRIDGE CAPITAL, INC., 60 CUTTER MILL ROAD, GREAT NECK NY 11021
Eran Goldshmid director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Phillip Michals director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Inbar Evron-yogev officer: Chief Financial Officer 792 COLUMBUS AVENUE, NEW YORK NY 10025
Mark Alhadeff director 520 EAST 11TH STREET, NEW YORK NY 10009
Yael Shimor Golan director, officer: CFO 247 W 57TH ST, NEW YORK NY 10019
Hummingbird Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Stephen A Zelnick director

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