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Stratus Properties (Stratus Properties) Cyclically Adjusted PS Ratio : 2.60 (As of Apr. 28, 2024)


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What is Stratus Properties Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Stratus Properties's current share price is $22.76. Stratus Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.74. Stratus Properties's Cyclically Adjusted PS Ratio for today is 2.60.

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

STRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.49   Max: 4.2
Current: 2.6

During the past years, Stratus Properties's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 1.24. And the median was 2.49.

STRS's Cyclically Adjusted PS Ratio is ranked worse than
60.89% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs STRS: 2.60

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.

Stratus Properties's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.585. 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 $8.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stratus Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stratus 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.

Stratus Properties Cyclically Adjusted PS Ratio Chart

Stratus 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 2.71 2.12 3.34 1.88 3.30

Stratus 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 1.88 2.01 2.78 2.99 3.30

Competitive Comparison of Stratus Properties's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Stratus 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.


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

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

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



Stratus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.76/8.74
=2.60

* 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.

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

For example, Stratus 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)
=0.585/129.4194*129.4194
=0.585

Current CPI (Dec. 2023) = 129.4194.

Stratus Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.876 99.695 3.734
201406 2.791 100.560 3.592
201409 2.681 100.428 3.455
201412 3.300 99.070 4.311
201503 2.503 99.621 3.252
201506 2.479 100.684 3.187
201509 2.431 100.392 3.134
201512 2.588 99.792 3.356
201603 2.357 100.470 3.036
201606 2.367 101.688 3.013
201609 2.617 101.861 3.325
201612 2.591 101.863 3.292
201703 2.551 102.862 3.210
201706 2.637 103.349 3.302
201709 2.107 104.136 2.619
201712 2.571 104.011 3.199
201803 2.183 105.290 2.683
201806 2.859 106.317 3.480
201809 2.198 106.507 2.671
201812 -4.165 105.998 -5.085
201903 2.398 107.251 2.894
201906 2.901 108.070 3.474
201909 2.718 108.329 3.247
201912 3.233 108.420 3.859
202003 3.431 108.902 4.077
202006 1.085 108.767 1.291
202009 1.558 109.815 1.836
202012 -0.673 109.897 -0.793
202103 1.375 111.754 1.592
202106 0.684 114.631 0.772
202109 0.761 115.734 0.851
202112 0.580 117.630 0.638
202203 0.371 121.301 0.396
202206 1.327 125.017 1.374
202209 1.206 125.227 1.246
202212 1.639 125.222 1.694
202303 0.705 127.348 0.716
202306 0.429 128.729 0.431
202309 0.445 129.860 0.443
202312 0.585 129.419 0.585

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.


Stratus Properties  (NAS:STRS) 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.


Stratus Properties Cyclically Adjusted PS Ratio Related Terms

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


Stratus Properties (Stratus Properties) Business Description

Traded in Other Exchanges
Address
212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations.
Executives
Rhone Neville L. Jr. director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Michael D Madden director 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph director
Charles W. Porter director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie director 5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens officer: Senior VP & CFO 1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii director, officer: Chair of Board, President, CEO 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Oasis Investments Ii Master Fund Ltd. 10 percent owner UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Ella Gendel director 300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg 10 percent owner, other: See Remarks C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer 10 percent owner C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd. 10 percent owner 4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean other: See Remarks 16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001

Stratus Properties (Stratus Properties) Headlines

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