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Kimco Realty (BSP:K1IM34) Cyclically Adjusted PS Ratio : 6.02 (As of Apr. 30, 2024)


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What is Kimco Realty Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Kimco Realty's current share price is R$93.15. Kimco Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$15.48. Kimco Realty's Cyclically Adjusted PS Ratio for today is 6.02.

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

BSP:K1IM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.91   Med: 7.39   Max: 12.11
Current: 5.83

During the past years, Kimco Realty's highest Cyclically Adjusted PS Ratio was 12.11. The lowest was 2.91. And the median was 7.39.

BSP:K1IM34's Cyclically Adjusted PS Ratio is ranked worse than
56.1% of 492 companies
in the REITs industry
Industry Median: 5 vs BSP:K1IM34: 5.83

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.

Kimco Realty's adjusted revenue per share data for the three months ended in Dec. 2023 was R$3.586. 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 R$15.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Cyclically Adjusted PS Ratio Chart

Kimco Realty 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 7.81 5.58 8.50 6.80 6.60

Kimco Realty 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 6.80 6.16 6.16 5.44 6.60

Competitive Comparison of Kimco Realty's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Kimco Realty 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.

Kimco Realty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.15/15.48
=6.02

* 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.

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

For example, Kimco Realty'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)
=3.586/129.4194*129.4194
=3.586

Current CPI (Dec. 2023) = 129.4194.

Kimco Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.296 99.695 1.682
201406 1.331 100.560 1.713
201409 1.451 100.428 1.870
201412 1.696 99.070 2.216
201503 2.144 99.621 2.785
201506 2.215 100.684 2.847
201509 2.728 100.392 3.517
201512 2.836 99.792 3.678
201603 2.654 100.470 3.419
201606 2.380 101.688 3.029
201609 2.208 101.861 2.805
201612 2.349 101.863 2.984
201703 2.165 102.862 2.724
201706 2.305 103.349 2.886
201709 2.177 104.136 2.706
201712 2.451 104.011 3.050
201803 2.349 105.290 2.887
201806 2.622 106.317 3.192
201809 2.771 106.507 3.367
201812 2.633 105.998 3.215
201903 2.693 107.251 3.250
201906 2.611 108.070 3.127
201909 2.768 108.329 3.307
201912 2.865 108.420 3.420
202003 3.289 108.902 3.909
202006 2.875 108.767 3.421
202009 3.263 109.815 3.846
202012 3.211 109.897 3.781
202103 3.680 111.754 4.262
202106 3.360 114.631 3.793
202109 3.546 115.734 3.965
202112 3.860 117.630 4.247
202203 3.447 121.301 3.678
202206 3.503 125.017 3.626
202209 3.677 125.227 3.800
202212 3.734 125.222 3.859
202303 3.723 127.348 3.784
202306 3.482 128.729 3.501
202309 3.569 129.860 3.557
202312 3.586 129.419 3.586

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.


Kimco Realty  (BSP:K1IM34) 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.


Kimco Realty Cyclically Adjusted PS Ratio Related Terms

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


Kimco Realty (BSP:K1IM34) Business Description

Industry
Traded in Other Exchanges
Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.

Kimco Realty (BSP:K1IM34) Headlines

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