GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SmartCentres Real Estate Investment Trust (FRA:C7J1) » Definitions » Cyclically Adjusted PS Ratio

SmartCentres Real Estate Investment Trust (FRA:C7J1) Cyclically Adjusted PS Ratio : 4.94 (As of Jun. 29, 2025)


View and export this data going back to 2007. Start your Free Trial

What is SmartCentres Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2025-06-29), SmartCentres Real Estate Investment Trust's current share price is €17.10. SmartCentres Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €3.46. SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 4.94.

The historical rank and industry rank for SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:C7J1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.54   Med: 6.02   Max: 7.97
Current: 4.58

During the past years, SmartCentres Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 7.97. The lowest was 3.54. And the median was 6.02.

FRA:C7J1's Cyclically Adjusted PS Ratio is ranked better than
56.3% of 524 companies
in the REITs industry
Industry Median: 5.37 vs FRA:C7J1: 4.58

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.

SmartCentres Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2025 was €0.867. 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 €3.46 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SmartCentres Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust'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.

SmartCentres Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

SmartCentres Real Estate Investment Trust 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 4.72 6.35 5.04 4.59 4.46

SmartCentres Real Estate Investment Trust 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 4.26 4.00 4.85 4.46 4.56

Competitive Comparison of SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, SmartCentres Real Estate Investment Trust'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.


SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.


;
;

SmartCentres Real Estate Investment Trust 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.

SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.10/3.46
=4.94

* 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.

SmartCentres Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, SmartCentres Real Estate Investment Trust'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)
=0.867/129.1809*129.1809
=0.867

Current CPI (Mar. 2025) = 129.1809.

SmartCentres Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.757 100.500 0.973
201509 0.757 100.421 0.974
201512 0.775 99.947 1.002
201603 0.790 101.054 1.010
201606 0.836 102.002 1.059
201609 0.763 101.765 0.969
201612 0.849 101.449 1.081
201703 0.835 102.634 1.051
201706 0.789 103.029 0.989
201709 0.788 103.345 0.985
201712 0.829 103.345 1.036
201803 0.787 105.004 0.968
201806 0.812 105.557 0.994
201809 0.802 105.636 0.981
201812 0.820 105.399 1.005
201903 0.816 106.979 0.985
201906 0.780 107.690 0.936
201909 0.795 107.611 0.954
201912 0.839 107.769 1.006
202003 0.777 107.927 0.930
202006 0.721 108.401 0.859
202009 0.691 108.164 0.825
202012 0.733 108.559 0.872
202103 0.766 110.298 0.897
202106 0.759 111.720 0.878
202109 0.769 112.905 0.880
202112 0.783 113.774 0.889
202203 0.855 117.646 0.939
202206 0.817 120.806 0.874
202209 0.830 120.648 0.889
202212 0.842 120.964 0.899
202303 0.844 122.702 0.889
202306 0.799 124.203 0.831
202309 0.838 125.230 0.864
202312 0.847 125.072 0.875
202403 0.867 126.258 0.887
202406 0.856 127.522 0.867
202409 0.950 127.285 0.964
202412 0.904 127.364 0.917
202503 0.867 129.181 0.867

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.


SmartCentres Real Estate Investment Trust  (FRA:C7J1) 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.


SmartCentres Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


SmartCentres Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with several strategically located properties in communities across the country. It develops, leases, constructs, owns, and manages shopping centers, office buildings, high-rise and low-rise condos and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada, both directly and through its subsidiaries. The company generates maximum revenue from its retail properties. It has one reportable segment, which comprises the development, ownership, management, and operation of investment properties located in Canada.

SmartCentres Real Estate Investment Trust Headlines

No Headlines