Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Median PS Value

: $63.34 (As of Today)

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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Granite Real Estate Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.065. Granite Real Estate Investment Trust's 10-Year median PS Ratio is 10.4435. Therefore, the Median PS Value for today is $63.34.

As of today (2024-04-18), Granite Real Estate Investment Trust's share price is $50.22. Granite Real Estate Investment Trust's Median PS Value is $63.34. Therefore, Granite Real Estate Investment Trust's Price to Median PS Value for today is 0.79.

The historical rank and industry rank for Granite Real Estate Investment Trust's Median PS Value or its related term are showing as below:

GRP.U' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.79 Med: 1.06 Max: 3.17
Current: 0.79

During the past 13 years, the highest Price to Median PS Value of Granite Real Estate Investment Trust was 3.17. The lowest was 0.79. And the median was 1.06.

GRP.U's Price-to-Median-PS-Value is ranked worse than
56.99% of 372 companies
in the REITs industry
Industry Median: 0.77 vs GRP.U: 0.79

Granite Real Estate Investment Trust Median PS Value Historical Data

The historical data trend for Granite Real Estate Investment Trust's Median PS Value 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.

Granite Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

40.33

44.67

48.45

52.72

63.81

Granite Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Median PS Value																52.72	55.97	60.13	61.47	63.81

Competitive Comparison

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.

Granite Real Estate Investment Trust Price-to-Median-PS-Value Distribution

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's Price-to-Median-PS-Value falls into.

Granite Real Estate Investment Trust Median PS Value Calculation

Granite Real Estate Investment Trust's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	6.065	*	10.4435
	=	63.34

10-Year Median PS Ratio is 10.4435.
Granite Real Estate Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.065.

Granite Real Estate Investment Trust (NYSE:GRP.U) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Granite Real Estate Investment Trust's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	50.22	/	63.34
	=	0.79

Granite Real Estate Investment Trust Median PS Value Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.