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CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Cyclically Adjusted PS Ratio : 5.34 (As of Jun. 09, 2024)


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What is CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio?

As of today (2024-06-09), CPN Retail Growth Leasehold REIT's current share price is ฿10.10. CPN Retail Growth Leasehold REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.89. CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio for today is 5.34.

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

BKK:CPNREIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.16   Med: 12.28   Max: 23.46
Current: 5.34

During the past years, CPN Retail Growth Leasehold REIT's highest Cyclically Adjusted PS Ratio was 23.46. The lowest was 5.16. And the median was 12.28.

BKK:CPNREIT's Cyclically Adjusted PS Ratio is ranked worse than
52.64% of 492 companies
in the REITs industry
Industry Median: 4.875 vs BKK:CPNREIT: 5.34

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.

CPN Retail Growth Leasehold REIT's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.577. 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 ฿1.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CPN Retail Growth Leasehold 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.

CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio Chart

CPN Retail Growth Leasehold REIT 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 20.43 12.02 12.08 10.88 6.01

CPN Retail Growth Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.16 5.82 5.59 6.01 5.62

Competitive Comparison of CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, CPN Retail Growth Leasehold 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.


CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio falls into.



CPN Retail Growth Leasehold 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.

CPN Retail Growth Leasehold REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.10/1.89
=5.34

* 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.

CPN Retail Growth Leasehold REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CPN Retail Growth Leasehold REIT's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.577/131.7762*131.7762
=0.577

Current CPI (Mar. 2024) = 131.7762.

CPN Retail Growth Leasehold REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.342 100.560 0.448
201409 0.364 100.428 0.478
201412 0.367 99.070 0.488
201503 0.360 99.621 0.476
201506 0.315 100.684 0.412
201509 0.296 100.392 0.389
201512 0.321 99.792 0.424
201603 0.352 100.470 0.462
201606 0.360 101.688 0.467
201609 0.366 101.861 0.473
201612 0.377 101.863 0.488
201703 0.370 102.862 0.474
201706 0.351 103.349 0.448
201709 0.342 104.136 0.433
201712 -0.905 104.011 -1.147
201803 0.488 105.290 0.611
201806 0.494 106.317 0.612
201809 0.531 106.507 0.657
201812 0.531 105.998 0.660
201903 0.555 107.251 0.682
201906 0.539 108.070 0.657
201909 0.544 108.329 0.662
201912 0.535 108.420 0.650
202003 0.523 108.902 0.633
202006 0.326 108.767 0.395
202009 0.496 109.815 0.595
202012 0.458 109.897 0.549
202103 0.392 111.754 0.462
202106 0.319 114.631 0.367
202109 0.263 115.734 0.299
202112 0.370 117.630 0.414
202203 0.416 121.301 0.452
202206 0.468 125.017 0.493
202209 0.481 125.227 0.506
202212 0.502 125.222 0.528
202303 0.518 127.348 0.536
202306 0.539 128.729 0.552
202309 0.556 129.860 0.564
202312 0.592 129.419 0.603
202403 0.577 131.776 0.577

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.


CPN Retail Growth Leasehold REIT  (BKK:CPNREIT) 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.


CPN Retail Growth Leasehold REIT Cyclically Adjusted PS Ratio Related Terms

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


CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 999/9 Rama 1 Road, 31st Floor, The Offices at CentralWorld, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
CPN Retail Growth Leasehold REIT is a closed-end real estate investment trust. Its main business is investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company has invested in a few projects including shopping projects namely Central Rama 2, Central Rama 3, Central Pinklao and Central Chiangmai Airport, and 2 office buildings, Central Pinklao Tower A and Tower B, as well as invested in additional assets, namely Central Pattaya Shopping Center and Hilton Pattaya Hotel Its operational locality is Thailand.

CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Headlines

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