GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altus Group Ltd (OTCPK:ASGTF) » Definitions » Cyclically Adjusted PS Ratio

ASGTF (Altus Group) Cyclically Adjusted PS Ratio : 3.35 (As of Dec. 15, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Altus Group Cyclically Adjusted PS Ratio?

As of today (2024-12-15), Altus Group's current share price is $40.76. Altus Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $12.18. Altus Group's Cyclically Adjusted PS Ratio for today is 3.35.

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

ASGTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.9   Max: 5.32
Current: 3.49

During the past years, Altus Group's highest Cyclically Adjusted PS Ratio was 5.32. The lowest was 1.48. And the median was 2.90.

ASGTF's Cyclically Adjusted PS Ratio is ranked worse than
66.98% of 1293 companies
in the Real Estate industry
Industry Median: 1.92 vs ASGTF: 3.49

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.

Altus Group's adjusted revenue per share data for the three months ended in Sep. 2024 was $2.026. 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 $12.18 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altus Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altus Group'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.

Altus Group Cyclically Adjusted PS Ratio Chart

Altus Group 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 2.97 3.78 5.18 3.66 2.65

Altus Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.05 2.65 3.20 3.07 3.36

Competitive Comparison of Altus Group's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Altus Group'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.


Altus Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Altus Group 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.

Altus Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.76/12.18
=3.35

* 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.

Altus Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Altus Group's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.026/127.2847*127.2847
=2.026

Current CPI (Sep. 2024) = 127.2847.

Altus Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.464 98.367 3.188
201503 2.388 99.789 3.046
201506 2.587 100.500 3.276
201509 2.338 100.421 2.963
201512 2.234 99.947 2.845
201603 2.208 101.054 2.781
201606 2.243 102.002 2.799
201609 2.294 101.765 2.869
201612 2.269 101.449 2.847
201703 2.162 102.634 2.681
201706 2.492 103.029 3.079
201709 2.453 103.345 3.021
201712 2.438 103.345 3.003
201803 2.504 105.004 3.035
201806 2.616 105.557 3.154
201809 2.381 105.636 2.869
201812 2.500 105.399 3.019
201903 2.231 106.979 2.654
201906 2.708 107.690 3.201
201909 2.369 107.611 2.802
201912 2.579 107.769 3.046
202003 2.301 107.927 2.714
202006 3.210 108.401 3.769
202009 2.467 108.164 2.903
202012 2.625 108.559 3.078
202103 2.621 110.298 3.025
202106 3.372 111.720 3.842
202109 2.911 112.905 3.282
202112 2.789 113.774 3.120
202203 2.997 117.646 3.243
202206 3.568 120.806 3.759
202209 2.935 120.648 3.096
202212 2.989 120.964 3.145
202303 3.098 122.702 3.214
202306 3.371 124.203 3.455
202309 2.004 125.230 2.037
202312 6.391 125.072 6.504
202403 3.238 126.258 3.264
202406 3.249 127.522 3.243
202409 2.026 127.285 2.026

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.


Altus Group  (OTCPK:ASGTF) 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.


Altus Group Cyclically Adjusted PS Ratio Related Terms

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


Altus Group Business Description

Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software, and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.

Altus Group Headlines

From GuruFocus

Q2 2020 Altus Group Ltd (Ontario) Earnings Call Transcript

By GuruFocus Research 02-12-2024

Altus Group Ltd Investor Day Transcript

By GuruFocus Research 02-12-2024

Q3 2022 Altus Group Ltd Earnings Call Transcript

By GuruFocus Research 02-12-2024

Altus Group Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-12-2024

Q4 2023 Altus Group Ltd Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q1 2022 Altus Group Ltd Earnings Call Transcript

By GuruFocus Research 02-12-2024

Altus Group Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-12-2024

Q3 2021 Altus Group Ltd Earnings Call Transcript

By GuruFocus Research 02-12-2024