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Ladder Capital (FRA:LD1A) Cyclically Adjusted PS Ratio : 3.17 (As of Jun. 23, 2024)


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What is Ladder Capital Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Ladder Capital's current share price is €10.40. Ladder Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.28. Ladder Capital's Cyclically Adjusted PS Ratio for today is 3.17.

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

FRA:LD1A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.17   Med: 2.79   Max: 3.21
Current: 3.1

During the past years, Ladder Capital's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 2.17. And the median was 2.79.

FRA:LD1A's Cyclically Adjusted PS Ratio is ranked better than
69.31% of 492 companies
in the REITs industry
Industry Median: 4.875 vs FRA:LD1A: 3.10

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.

Ladder Capital's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.490. 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 €3.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ladder Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ladder Capital'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.

Ladder Capital Cyclically Adjusted PS Ratio Chart

Ladder Capital 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 - - 2.92 2.47 3.21

Ladder Capital 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 2.44 2.90 2.77 3.21 3.08

Competitive Comparison of Ladder Capital's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, Ladder Capital'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.


Ladder Capital's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Ladder Capital 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.

Ladder Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.40/3.28
=3.17

* 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.

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

For example, Ladder Capital'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)
=0.49/131.7762*131.7762
=0.490

Current CPI (Mar. 2024) = 131.7762.

Ladder Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.619 100.560 0.811
201409 0.706 100.428 0.926
201412 0.512 99.070 0.681
201503 0.594 99.621 0.786
201506 2.039 100.684 2.669
201509 0.674 100.392 0.885
201512 1.793 99.792 2.368
201603 0.242 100.470 0.317
201606 0.553 101.688 0.717
201609 1.382 101.861 1.788
201612 1.543 101.863 1.996
201703 0.478 102.862 0.612
201706 0.616 103.349 0.785
201709 0.659 104.136 0.834
201712 0.772 104.011 0.978
201803 0.995 105.290 1.245
201806 0.726 106.317 0.900
201809 1.067 106.507 1.320
201812 0.527 105.998 0.655
201903 0.574 107.251 0.705
201906 0.618 108.070 0.754
201909 0.561 108.329 0.682
201912 0.720 108.420 0.875
202003 0.394 108.902 0.477
202006 0.026 108.767 0.032
202009 0.336 109.815 0.403
202012 0.171 109.897 0.205
202103 0.165 111.754 0.195
202106 0.254 114.631 0.292
202109 0.314 115.734 0.358
202112 0.417 117.630 0.467
202203 0.521 121.301 0.566
202206 0.614 125.017 0.647
202209 0.559 125.227 0.588
202212 0.878 125.222 0.924
202303 0.479 127.348 0.496
202306 0.524 128.729 0.536
202309 0.570 129.860 0.578
202312 0.427 129.419 0.435
202403 0.490 131.776 0.490

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.


Ladder Capital  (FRA:LD1A) 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.


Ladder Capital Cyclically Adjusted PS Ratio Related Terms

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


Ladder Capital (FRA:LD1A) Business Description

Industry
Traded in Other Exchanges
Address
320 Park Avenue, 15th Floor, New York, NY, USA, 10154
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate.

Ladder Capital (FRA:LD1A) Headlines

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