GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » COPT Defense Properties (NYSE:CDP) » Definitions » Cyclically Adjusted PS Ratio

CDP (COPT Defense Properties) Cyclically Adjusted PS Ratio : 3.85 (As of May. 27, 2025)


View and export this data going back to 1991. Start your Free Trial

What is COPT Defense Properties Cyclically Adjusted PS Ratio?

As of today (2025-05-27), COPT Defense Properties's current share price is $27.65. COPT Defense Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $7.19. COPT Defense Properties's Cyclically Adjusted PS Ratio for today is 3.85.

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

CDP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.6   Max: 4.57
Current: 3.75

During the past years, COPT Defense Properties's highest Cyclically Adjusted PS Ratio was 4.57. The lowest was 2.19. And the median was 3.60.

CDP's Cyclically Adjusted PS Ratio is ranked better than
63.6% of 511 companies
in the REITs industry
Industry Median: 5.33 vs CDP: 3.75

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.

COPT Defense Properties's adjusted revenue per share data for the three months ended in Mar. 2025 was $1.662. 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 $7.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


COPT Defense Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for COPT Defense Properties'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.

COPT Defense Properties Cyclically Adjusted PS Ratio Chart

COPT Defense Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 4.05 3.64 3.57 4.32

COPT Defense Properties Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.33 3.45 4.21 4.32 3.79

Competitive Comparison of COPT Defense Properties's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, COPT Defense Properties'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.


COPT Defense Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where COPT Defense Properties's Cyclically Adjusted PS Ratio falls into.


;
;

COPT Defense Properties 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.

COPT Defense Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.65/7.19
=3.85

* 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.

COPT Defense Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, COPT Defense Properties's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.662/134.9266*134.9266
=1.662

Current CPI (Mar. 2025) = 134.9266.

COPT Defense Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.809 100.684 2.424
201509 1.593 100.392 2.141
201512 1.465 99.792 1.981
201603 1.530 100.470 2.055
201606 1.547 101.688 2.053
201609 1.504 101.861 1.992
201612 1.488 101.863 1.971
201703 1.418 102.862 1.860
201706 1.527 103.349 1.994
201709 1.582 104.136 2.050
201712 1.652 104.011 2.143
201803 1.537 105.290 1.970
201806 1.440 106.317 1.828
201809 1.311 106.507 1.661
201812 1.275 105.998 1.623
201903 1.351 107.251 1.700
201906 1.548 108.070 1.933
201909 1.424 108.329 1.774
201912 1.145 108.420 1.425
202003 1.302 108.902 1.613
202006 1.291 108.767 1.601
202009 1.384 109.815 1.700
202012 1.222 109.897 1.500
202103 1.380 111.754 1.666
202106 1.399 114.631 1.647
202109 1.484 115.734 1.730
202112 1.652 117.630 1.895
202203 1.736 121.301 1.931
202206 1.649 125.017 1.780
202209 1.620 125.227 1.745
202212 1.556 125.222 1.677
202303 1.487 127.348 1.575
202306 1.502 128.729 1.574
202309 1.502 129.860 1.561
202312 1.602 129.419 1.670
202403 1.714 131.776 1.755
202406 1.661 132.554 1.691
202409 1.674 133.029 1.698
202412 1.622 133.157 1.644
202503 1.662 134.927 1.662

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.


COPT Defense Properties  (NYSE:CDP) 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.


COPT Defense Properties Cyclically Adjusted PS Ratio Related Terms

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


COPT Defense Properties Business Description

Industry
Traded in Other Exchanges
Address
6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. Its tenants include the USG and their defense contractors, who are engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. Its properties include 195 operating properties totaling approximately 22.4 million square feet comprised of 16.5 million square feet in 164 office properties and 5.9 million square feet in 31 single-tenant data center shells.
Executives
Matthew T Myers officer: SVP-CAO & Controller 6711 COLUMBIA GATEWAY DR, SUITE 300, COLUMBIA MD 21046
Stephen E Budorick officer: EVP & COO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Robert L Denton director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Steven D Kesler director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Essye B. Miller director 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Greg J Thor officer: SVP--CAO & Controller C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
C Taylor Pickett director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
David M Jacobstein director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Raymond Lee Owens director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 30097
Todd W. Hartman officer: EVP & COO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE SUITE 300, COLUMBIA MD 21046
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Philip L Hawkins director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Paul R Adkins officer: Executive Vice President &COO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Karen M Singer officer: VP, General Counsel & Sec