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SITE Centers (FRA:DDR2) Cyclically Adjusted PS Ratio : 3.10 (As of May. 28, 2024)


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What is SITE Centers Cyclically Adjusted PS Ratio?

As of today (2024-05-28), SITE Centers's current share price is €13.00. SITE Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.20. SITE Centers's Cyclically Adjusted PS Ratio for today is 3.10.

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

FRA:DDR2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.62   Max: 3.63
Current: 3.07

During the past years, SITE Centers's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 0.81. And the median was 2.62.

FRA:DDR2's Cyclically Adjusted PS Ratio is ranked better than
69.39% of 490 companies
in the REITs industry
Industry Median: 4.985 vs FRA:DDR2: 3.07

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.

SITE Centers's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.536. 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 €4.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SITE Centers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Cyclically Adjusted PS Ratio Chart

SITE Centers 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 2.59 2.03 3.20 2.79 2.92

SITE Centers 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 2.52 2.74 2.58 2.92 3.17

Competitive Comparison of SITE Centers's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



SITE Centers 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.

SITE Centers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.00/4.2
=3.10

* 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.

SITE Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SITE Centers'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)
=0.536/131.7762*131.7762
=0.536

Current CPI (Mar. 2024) = 131.7762.

SITE Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.994 100.560 1.303
201409 1.062 100.428 1.394
201412 1.160 99.070 1.543
201503 1.329 99.621 1.758
201506 1.259 100.684 1.648
201509 1.260 100.392 1.654
201512 1.290 99.792 1.703
201603 1.252 100.470 1.642
201606 1.254 101.688 1.625
201609 1.237 101.861 1.600
201612 1.244 101.863 1.609
201703 1.227 102.862 1.572
201706 1.145 103.349 1.460
201709 1.038 104.136 1.314
201712 0.959 104.011 1.215
201803 0.936 105.290 1.171
201806 0.966 106.317 1.197
201809 0.660 106.507 0.817
201812 0.651 105.998 0.809
201903 0.640 107.251 0.786
201906 0.628 108.070 0.766
201909 0.609 108.329 0.741
201912 0.594 108.420 0.722
202003 0.604 108.902 0.731
202006 0.495 108.767 0.600
202009 0.463 109.815 0.556
202012 0.497 109.897 0.596
202103 0.540 111.754 0.637
202106 0.531 114.631 0.610
202109 0.539 115.734 0.614
202112 0.562 117.630 0.630
202203 0.572 121.301 0.621
202206 0.619 125.017 0.652
202209 0.654 125.227 0.688
202212 0.611 125.222 0.643
202303 0.616 127.348 0.637
202306 0.609 128.729 0.623
202309 0.648 129.860 0.658
202312 0.546 129.419 0.556
202403 0.536 131.776 0.536

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.


SITE Centers  (FRA:DDR2) 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.


SITE Centers Cyclically Adjusted PS Ratio Related Terms

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


SITE Centers (FRA:DDR2) Business Description

Industry
Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.

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