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Arena REIT (ASX:ARF) Cyclically Adjusted PS Ratio : 16.22 (As of Jul. 05, 2025)


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What is Arena REIT Cyclically Adjusted PS Ratio?

As of today (2025-07-05), Arena REIT's current share price is A$3.73. Arena REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 was A$0.23. Arena REIT's Cyclically Adjusted PS Ratio for today is 16.22.

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

ASX:ARF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.59   Med: 17.2   Max: 24.45
Current: 16.02

During the past 12 years, Arena REIT's highest Cyclically Adjusted PS Ratio was 24.45. The lowest was 14.59. And the median was 17.20.

ASX:ARF's Cyclically Adjusted PS Ratio is ranked worse than
96.37% of 523 companies
in the REITs industry
Industry Median: 5.32 vs ASX:ARF: 16.02

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.

Arena REIT's adjusted revenue per share data of for the fiscal year that ended in Jun24 was A$0.274. 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 A$0.23 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arena REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arena REIT'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.

Arena REIT Cyclically Adjusted PS Ratio Chart

Arena REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 21.57 17.47 16.54

Arena REIT Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 17.47 - 16.54 -

Competitive Comparison of Arena REIT's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Arena REIT'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.


Arena REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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


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Arena REIT 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.

Arena REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.73/0.23
=16.22

* 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.

Arena REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Arena REIT's adjusted Revenue per Share data for the fiscal year that ended in Jun24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.274/128.9064*128.9064
=0.274

Current CPI (Jun24) = 128.9064.

Arena REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.144 99.838 0.186
201606 0.143 100.859 0.183
201706 0.162 102.809 0.203
201806 0.184 104.945 0.226
201906 0.202 106.617 0.244
202006 0.203 106.246 0.246
202106 0.206 110.332 0.241
202206 0.238 117.112 0.262
202306 0.265 124.170 0.275
202406 0.274 128.906 0.274

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.


Arena REIT  (ASX:ARF) 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.


Arena REIT Cyclically Adjusted PS Ratio Related Terms

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


Arena REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Arena REIT (ASX:ARF) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which is expected to continue due to the essential nature of services.

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