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UDR (UDR) Cyclically Adjusted PS Ratio : 8.07 (As of Apr. 27, 2024)


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What is UDR Cyclically Adjusted PS Ratio?

As of today (2024-04-27), UDR's current share price is $37.91. UDR's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.70. UDR's Cyclically Adjusted PS Ratio for today is 8.07.

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

UDR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.2   Med: 9.7   Max: 14.63
Current: 8.08

During the past years, UDR's highest Cyclically Adjusted PS Ratio was 14.63. The lowest was 5.20. And the median was 9.70.

UDR's Cyclically Adjusted PS Ratio is ranked worse than
74.29% of 490 companies
in the REITs industry
Industry Median: 4.99 vs UDR: 8.08

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.

UDR's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.258. 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 $4.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


UDR Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UDR'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.

UDR Cyclically Adjusted PS Ratio Chart

UDR 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 12.64 10.17 14.63 8.70 8.15

UDR 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 8.70 9.02 9.29 7.61 8.15

Competitive Comparison of UDR's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, UDR'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.


UDR's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



UDR 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.

UDR's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.91/4.7
=8.07

* 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.

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

For example, UDR'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)
=1.258/129.4194*129.4194
=1.258

Current CPI (Dec. 2023) = 129.4194.

UDR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.786 99.695 1.020
201406 0.808 100.560 1.040
201409 0.815 100.428 1.050
201412 0.819 99.070 1.070
201503 0.850 99.621 1.104
201506 0.821 100.684 1.055
201509 0.848 100.392 1.093
201512 0.864 99.792 1.121
201603 0.888 100.470 1.144
201606 0.890 101.688 1.133
201609 0.907 101.861 1.152
201612 0.905 101.863 1.150
201703 0.908 102.862 1.142
201706 0.922 103.349 1.155
201709 0.933 104.136 1.160
201712 0.941 104.011 1.171
201803 0.941 105.290 1.157
201806 0.966 106.317 1.176
201809 0.990 106.507 1.203
201812 0.988 105.998 1.206
201903 0.975 107.251 1.177
201906 0.996 108.070 1.193
201909 1.020 108.329 1.219
201912 1.036 108.420 1.237
202003 1.089 108.902 1.294
202006 1.041 108.767 1.239
202009 1.051 109.815 1.239
202012 1.025 109.897 1.207
202103 1.015 111.754 1.175
202106 1.046 114.631 1.181
202109 1.095 115.734 1.224
202112 1.114 117.630 1.226
202203 1.118 121.301 1.193
202206 1.155 125.017 1.196
202209 1.201 125.227 1.241
202212 1.226 125.222 1.267
202303 1.213 127.348 1.233
202306 1.217 128.729 1.224
202309 1.246 129.860 1.242
202312 1.258 129.419 1.258

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.


UDR  (NYSE:UDR) 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.


UDR Cyclically Adjusted PS Ratio Related Terms

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


UDR (UDR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UDR Inc (NYSE:UDR) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.
Executives
Thomas W Toomey director, officer: Chief Executive Officer
Patricia Sciutto Doerr officer: SVP-Chief ESG/People Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Kevin C Nickelberry director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Harry G Alcock officer: SVP-Asset Management 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jerry A Davis officer: SVP-Chief Operating Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Clinton D Mcdonnough director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Tracy L Hofmeister officer: VP-Accounting 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Joseph D Fisher officer: SVP-Chief Financial Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael D Lacy officer: SVP-Property Operations 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Matthew A Cozad officer: SVP-Corp Serv and Innovation 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Warren L Troupe officer: Sr Exec VP & General Counsel 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
James D Klingbeil director
Lynne B Sagalyn director
Jon A Grove director

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