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Saul Centers (Saul Centers) Cyclically Adjusted PS Ratio : 3.16 (As of Apr. 30, 2024)


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What is Saul Centers Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Saul Centers's current share price is $36.41. Saul Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.52. Saul Centers's Cyclically Adjusted PS Ratio for today is 3.16.

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

BFS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.93   Max: 6.79
Current: 3.13

During the past years, Saul Centers's highest Cyclically Adjusted PS Ratio was 6.79. The lowest was 2.27. And the median was 4.93.

BFS's Cyclically Adjusted PS Ratio is ranked better than
69.51% of 492 companies
in the REITs industry
Industry Median: 5 vs BFS: 3.13

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.

Saul Centers's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.955. 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 $11.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saul Centers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saul Centers'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.

Saul Centers Cyclically Adjusted PS Ratio Chart

Saul Centers 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 4.99 2.98 4.70 3.52 3.41

Saul Centers 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 3.52 3.35 3.15 3.02 3.41

Competitive Comparison of Saul Centers's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Saul Centers 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.

Saul Centers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.41/11.52
=3.16

* 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.

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

For example, Saul Centers'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)
=1.955/129.4194*129.4194
=1.955

Current CPI (Dec. 2023) = 129.4194.

Saul Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.562 99.695 3.326
201406 2.521 100.560 3.245
201409 2.423 100.428 3.122
201412 2.441 99.070 3.189
201503 2.464 99.621 3.201
201506 2.446 100.684 3.144
201509 2.472 100.392 3.187
201512 2.482 99.792 3.219
201603 2.668 100.470 3.437
201606 2.450 101.688 3.118
201609 2.444 101.861 3.105
201612 2.481 101.863 3.152
201703 2.671 102.862 3.361
201706 2.549 103.349 3.192
201709 2.553 104.136 3.173
201712 2.512 104.011 3.126
201803 2.525 105.290 3.104
201806 2.516 106.317 3.063
201809 2.529 106.507 3.073
201812 2.561 105.998 3.127
201903 2.613 107.251 3.153
201906 2.529 108.070 3.029
201909 2.468 108.329 2.948
201912 2.435 108.420 2.907
202003 2.444 108.902 2.904
202006 2.280 108.767 2.713
202009 2.431 109.815 2.865
202012 2.483 109.897 2.924
202103 2.494 111.754 2.888
202106 2.540 114.631 2.868
202109 2.543 115.734 2.844
202112 2.527 117.630 2.780
202203 1.834 121.301 1.957
202206 2.514 125.017 2.603
202209 1.796 125.227 1.856
202212 1.832 125.222 1.893
202303 1.853 127.348 1.883
202306 2.650 128.729 2.664
202309 1.872 129.860 1.866
202312 1.955 129.419 1.955

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.


Saul Centers  (NYSE:BFS) 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.


Saul Centers Cyclically Adjusted PS Ratio Related Terms

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


Saul Centers (Saul Centers) Business Description

Industry
Traded in Other Exchanges
Address
7501 Wisconsin Avenue, Suite 1500E, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates, and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are primarily located in the Washington, D.C. and Maryland metropolitan areas. Saul Centers operates through two business segments: shopping centers, which contribute the maximum portion of total revenue; and mixed-use properties. Major tenants include grocery stores, discount department stores, and drug stores.
Executives
Saul B Francis Ii director, 10 percent owner, officer: Chief Executive Officer 8401 CONNECTICUT AVE, CHEVY CHASE MD 20815
Carlos Lawrence Heard officer: Senior Vice President & CFO 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
David Todd Pearson officer: Executive V.P.-Real Estate 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20895
Patricia Saul Lotuff director 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA MD 20814
John E Chapoton director BROWN INVESTMENT ADVISORY INCORPORATED, 1717 H STREET, NW, FIFTH FLOOR, WASHINGTON DC 20006
H. Gregory Platts director 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA MD 20814
Clancy George Patrick Jr director 1100 H ST NW, WASHINGTON DC 20080
Philip D Caraci director
James Page Lansdale officer: Exec. VP - Real Estate 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Joel Albert Friedman officer: Sr. V.P./Chief Acctng Officer 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Mark Iii Sullivan director 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
John F Collich officer: Sr. VP-Acquisitions & Dev.
Lori Godby officer: Senior Vice Pres.-Residential 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Judith K. Garland officer: SVP, Office and Retail 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Willoughby B. Laycock director, officer: VP-Residential Development 7501 WISCONSIN AVE., SUITE 1400, BETHESDA MD 20814

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