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Sun Communities (Sun Communities) Median PS Value

: $179.21 (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. Sun Communities's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $25.567. Sun Communities's 10-Year median PS Ratio is 7.0094. Therefore, the Median PS Value for today is $179.21.

As of today (2024-04-23), Sun Communities's share price is $118.29. Sun Communities's Median PS Value is $179.21. Therefore, Sun Communities's Price to Median PS Value for today is 0.66.

The historical rank and industry rank for Sun Communities's Median PS Value or its related term are showing as below:

SUI' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.65   Med: 1.91   Max: 2.08
Current: 0.66

During the past 13 years, the highest Price to Median PS Value of Sun Communities was 2.08. The lowest was 0.65. And the median was 1.91.

SUI's Price-to-Median-PS-Value is ranked better than
67.84% of 370 companies
in the REITs industry
Industry Median: 0.79 vs SUI: 0.66

Sun Communities Median PS Value Historical Data

The historical data trend for Sun Communities'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.

Sun Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.01 83.23 129.24 169.46 179.21

Sun Communities 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 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 Premium Member Only Premium Member Only Premium Member Only 169.46 172.24 173.35 175.70 179.21

Competitive Comparison

For the REIT - Residential subindustry, Sun Communities'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.


Sun Communities Price-to-Median-PS-Value Distribution

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

* The bar in red indicates where Sun Communities's Price-to-Median-PS-Value falls into.



Sun Communities Median PS Value Calculation

Sun Communities's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=25.567*7.0094
=179.21

10-Year Median PS Ratio is 7.0094.
Sun Communities'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 $25.567.

* 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.


Sun Communities  (NYSE:SUI) 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.

Sun Communities's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=118.29/179.21
=0.66

* 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.


Sun Communities Median PS Value Related Terms

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Sun Communities (Sun Communities) Business Description

Traded in Other Exchanges
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Executives
Baxter Underwood officer: CEO - Safe Harbor Marinas, LLC 14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254
Marc Farrugia officer: EVP & Chief Admin. Officer 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Jeff Blau director
Bruce Thelen officer: EVP 27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034
Clunet R Lewis director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Fernando Castro-caratini officer: EVP, CFO, Sec. & Treas. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
John Bandini Mclaren officer: EVP & CFO 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Stephanie W Bergeron director 27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034
Aaron Weiss officer: EVP, Corp. Strat. & Bus. Dev. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Gary A Shiffman director, officer: Chrmn and CEO 27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034
Karen Dearing officer: EVP, CFO, Sec. & Treasurer 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Tonya Allen director 2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034
Ronald A Klein director 235 EAST MAIN STREET, MIDLAND MI 48640
Jonathan Colman officer: EVP 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Brian M Hermelin director 2064 D STREET, BELLEVILLE MI 48111