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CIO (City Office REIT) Cyclically Adjusted PS Ratio : 1.11 (As of May. 10, 2025)


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What is City Office REIT Cyclically Adjusted PS Ratio?

As of today (2025-05-10), City Office REIT's current share price is $4.96. City Office REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $4.46. City Office REIT's Cyclically Adjusted PS Ratio for today is 1.11.

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

CIO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.21   Max: 3.38
Current: 1.1

During the past years, City Office REIT's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.77. And the median was 1.21.

CIO's Cyclically Adjusted PS Ratio is ranked better than
90.73% of 518 companies
in the REITs industry
Industry Median: 5.255 vs CIO: 1.10

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.

City Office REIT's adjusted revenue per share data for the three months ended in Dec. 2024 was $1.044. 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 $4.46 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


City Office REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for City Office 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.

City Office REIT Cyclically Adjusted PS Ratio Chart

City Office REIT 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 - - 1.98 1.36 1.24

City Office REIT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.36 1.15 1.09 1.30 1.24

Competitive Comparison of City Office REIT's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, City Office 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.


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

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

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


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City Office 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.96/4.46
=1.11

* 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.

City Office REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, City Office REIT's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.044/127.3637*127.3637
=1.044

Current CPI (Dec. 2024) = 127.3637.

City Office REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.917 99.789 1.170
201506 0.941 100.500 1.193
201509 1.172 100.421 1.486
201512 1.402 99.947 1.787
201603 1.275 101.054 1.607
201606 0.664 102.002 0.829
201609 0.787 101.765 0.985
201612 0.873 101.449 1.096
201703 0.861 102.634 1.068
201706 0.823 103.029 1.017
201709 0.818 103.345 1.008
201712 1.009 103.345 1.244
201803 0.866 105.004 1.050
201806 0.837 105.557 1.010
201809 0.895 105.636 1.079
201812 0.856 105.399 1.034
201903 0.938 106.979 1.117
201906 1.039 107.690 1.229
201909 0.914 107.611 1.082
201912 0.721 107.769 0.852
202003 0.737 107.927 0.870
202006 0.833 108.401 0.979
202009 0.937 108.164 1.103
202012 0.919 108.559 1.078
202103 0.897 110.298 1.036
202106 0.919 111.720 1.048
202109 1.031 112.905 1.163
202112 0.895 113.774 1.002
202203 1.010 117.646 1.093
202206 1.023 120.806 1.079
202209 1.081 120.648 1.141
202212 1.102 120.964 1.160
202303 1.153 122.702 1.197
202306 1.117 124.203 1.145
202309 1.107 125.230 1.126
202312 1.110 125.072 1.130
202403 1.110 126.258 1.120
202406 1.054 127.522 1.053
202409 1.055 127.285 1.056
202412 1.044 127.364 1.044

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.


City Office REIT  (NYSE:CIO) 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.


City Office REIT Cyclically Adjusted PS Ratio Related Terms

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


City Office REIT Business Description

Industry
Traded in Other Exchanges
Address
666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The principal objective of the company is to provide attractive risk-adjusted returns to its investors over the long-term through a combination of dividends and capital appreciation. Its properties includes: Pima Center, SanTan, Park Tower, Intellicenter, Intellicenter, Denver Tech, Canyon Park, AmberGlen and many. The company these office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.
Executives
Michael Mazan director 3210-666 BURRARD STREET, VANCOUVER A1 V6C2X8
William R Flatt director 188 E. CAPITOL STREET, SUITE 1000, JACKSON MS 39201
Anthony Maretic officer: Chief Financial Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
James Thomas Farrar director, officer: Chief Executive Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
Stephen B Shraiberg director 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Gregory Tylee officer: See Remarks 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
John Sweet director SUITE 2990, 500 NORTH AKARD STREET, DALLAS TX 75201
Sabah Mirza director 27 FASKEN DRIVE, TORONTO A6 M9W1K6
Mark Wilhelm Murski director 1312 CLEAVER DRIVE, OAKVILLE A6 L6J IW4
John R. Mclernon director 200 GRANVILLE STREET, 19TH FLOOR, VANCOUVER A1 V6C 2R6
Jeffrey David Kohn director 1029 17 AVE SW, SUITE 200, CALGARY A0 T2T 0A9
Samuel Belzberg 10 percent owner