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Transcontinental Realty Investors (Transcontinental Realty Investors) Cyclically Adjusted PS Ratio : 2.73 (As of Apr. 28, 2024)


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What is Transcontinental Realty Investors Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Transcontinental Realty Investors's current share price is $28.96. Transcontinental Realty Investors's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.59. Transcontinental Realty Investors's Cyclically Adjusted PS Ratio for today is 2.73.

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

TCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 2.16   Max: 4.3
Current: 2.73

During the past years, Transcontinental Realty Investors's highest Cyclically Adjusted PS Ratio was 4.30. The lowest was 0.53. And the median was 2.16.

TCI's Cyclically Adjusted PS Ratio is ranked worse than
62.74% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs TCI: 2.73

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.

Transcontinental Realty Investors's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.480. 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 $10.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transcontinental Realty Investors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transcontinental Realty Investors'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.

Transcontinental Realty Investors Cyclically Adjusted PS Ratio Chart

Transcontinental Realty Investors 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 3.38 2.20 3.55 4.05 3.26

Transcontinental Realty Investors 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 4.05 3.88 3.37 2.83 3.26

Competitive Comparison of Transcontinental Realty Investors's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Transcontinental Realty Investors'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.


Transcontinental Realty Investors's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Transcontinental Realty Investors 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.96/10.59
=2.73

* 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.

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

For example, Transcontinental Realty Investors'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)
=1.48/129.4194*129.4194
=1.480

Current CPI (Dec. 2023) = 129.4194.

Transcontinental Realty Investors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.118 99.695 2.750
201406 2.200 100.560 2.831
201409 2.125 100.428 2.738
201412 2.360 99.070 3.083
201503 2.558 99.621 3.323
201506 2.725 100.684 3.503
201509 3.159 100.392 4.072
201512 3.283 99.792 4.258
201603 3.315 100.470 4.270
201606 3.501 101.688 4.456
201609 3.415 101.861 4.339
201612 3.358 101.863 4.266
201703 3.617 102.862 4.551
201706 3.591 103.349 4.497
201709 3.612 104.136 4.489
201712 3.545 104.011 4.411
201803 3.565 105.290 4.382
201806 3.625 106.317 4.413
201809 3.843 106.507 4.670
201812 2.036 105.998 2.486
201903 1.368 107.251 1.651
201906 1.358 108.070 1.626
201909 1.308 108.329 1.563
201912 1.363 108.420 1.627
202003 1.312 108.902 1.559
202006 1.327 108.767 1.579
202009 1.314 109.815 1.549
202012 2.076 109.897 2.445
202103 1.199 111.754 1.389
202106 1.180 114.631 1.332
202109 1.114 115.734 1.246
202112 0.883 117.630 0.972
202203 0.866 121.301 0.924
202206 0.840 125.017 0.870
202209 0.876 125.227 0.905
202212 1.362 125.222 1.408
202303 1.274 127.348 1.295
202306 1.318 128.729 1.325
202309 1.370 129.860 1.365
202312 1.480 129.419 1.480

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.


Transcontinental Realty Investors  (NYSE:TCI) 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.


Transcontinental Realty Investors Cyclically Adjusted PS Ratio Related Terms

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


Transcontinental Realty Investors (Transcontinental Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates multifamily and commercial properties throughout the southern United States and also invests in mortgage notes receivable and in the land that is either held for appreciation or development. The company has two business segments: the acquisition, development, ownership, and management of multifamily properties which include the rental of apartments and other tenant services, including parking and storage space rental, and the acquisition, development, ownership, and management of commercial properties which are office properties. It includes the rental of office space and other tenant services, including parking and storage space rental.
Executives
Louis J Corna officer: EVP, GC/Tax Counsel& Secretary 1800 VALLEY VIEW LANE, DALLAS TX 75234
Erik L Johnson officer: Ex. Vice President and CFO
Daniel J Moos officer: President and CEO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
American Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Transcontinental Realty Acquisition Corp 10 percent owner 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Eqk Holdings Inc 10 percent owner 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Basic Capital Management Inc 10 percent owner
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234