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PSP Swiss Property AG (FRA:P7S) Cyclically Adjusted PS Ratio : (As of Jun. 19, 2024)


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What is PSP Swiss Property AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSP Swiss Property AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Cyclically Adjusted PS Ratio Chart

PSP Swiss Property AG 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 16.44 15.48 14.99 13.70 14.64

PSP Swiss Property AG 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 12.88 12.26 13.50 14.64 14.71

Competitive Comparison of PSP Swiss Property AG's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's Cyclically Adjusted PS Ratio falls into.



PSP Swiss Property AG 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.

PSP Swiss Property AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PSP Swiss Property AG'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)
=2.092/107.3549*107.3549
=2.092

Current CPI (Mar. 2024) = 107.3549.

PSP Swiss Property AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.888 101.517 1.997
201409 1.380 101.247 1.463
201412 1.272 100.704 1.356
201503 1.402 100.339 1.500
201506 1.434 100.464 1.532
201509 1.598 99.785 1.719
201512 1.672 99.386 1.806
201603 2.057 99.475 2.220
201606 1.738 100.088 1.864
201609 1.821 99.604 1.963
201612 1.767 99.380 1.909
201703 1.473 100.040 1.581
201706 1.437 100.285 1.538
201709 1.891 100.254 2.025
201712 1.327 100.213 1.422
201803 1.362 100.836 1.450
201806 1.370 101.435 1.450
201809 1.771 101.246 1.878
201812 1.435 100.906 1.527
201903 1.810 101.571 1.913
201906 1.441 102.044 1.516
201909 1.719 101.396 1.820
201912 1.944 101.063 2.065
202003 1.580 101.048 1.679
202006 1.517 100.743 1.617
202009 1.981 100.585 2.114
202012 1.889 100.241 2.023
202103 2.337 100.800 2.489
202106 1.653 101.352 1.751
202109 1.695 101.533 1.792
202112 2.085 101.776 2.199
202203 3.147 103.205 3.274
202206 1.916 104.783 1.963
202209 1.966 104.835 2.013
202212 1.875 104.666 1.923
202303 1.915 106.245 1.935
202306 2.294 106.576 2.311
202309 2.083 106.570 2.098
202312 2.009 106.461 2.026
202403 2.092 107.355 2.092

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.


PSP Swiss Property AG  (FRA:P7S) 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.


PSP Swiss Property AG Cyclically Adjusted PS Ratio Related Terms

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PSP Swiss Property AG (FRA:P7S) Business Description

Address
Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.

PSP Swiss Property AG (FRA:P7S) Headlines

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