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Patrizia AG (FRA:PAT) Cyclically Adjusted PS Ratio : 1.79 (As of May. 11, 2024)


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What is Patrizia AG Cyclically Adjusted PS Ratio?

As of today (2024-05-11), Patrizia AG's current share price is €8.72. Patrizia AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €4.86. Patrizia AG's Cyclically Adjusted PS Ratio for today is 1.79.

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

FRA:PAT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.49   Med: 4.47   Max: 6.63
Current: 1.78

During the past years, Patrizia AG's highest Cyclically Adjusted PS Ratio was 6.63. The lowest was 1.49. And the median was 4.47.

FRA:PAT's Cyclically Adjusted PS Ratio is ranked worse than
50.55% of 1369 companies
in the Real Estate industry
Industry Median: 1.75 vs FRA:PAT: 1.78

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.

Patrizia AG's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.984. 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 €4.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patrizia AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Patrizia 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.

Patrizia AG Cyclically Adjusted PS Ratio Chart

Patrizia 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 4.85 6.63 4.93 2.26 1.71

Patrizia AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.26 2.04 2.29 1.57 1.71

Competitive Comparison of Patrizia AG's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Patrizia 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.


Patrizia AG's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Patrizia 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.

Patrizia AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.72/4.86
=1.79

* 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.

Patrizia AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Patrizia AG's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.984/123.6675*123.6675
=0.984

Current CPI (Dec. 2023) = 123.6675.

Patrizia AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.509 99.543 0.632
201406 0.407 99.543 0.506
201409 0.579 99.823 0.717
201412 1.664 99.543 2.067
201503 0.512 99.717 0.635
201506 0.787 100.417 0.969
201509 1.467 100.417 1.807
201512 1.595 99.717 1.978
201603 5.288 100.017 6.538
201606 0.808 100.717 0.992
201609 0.813 101.017 0.995
201612 1.258 101.217 1.537
201703 0.488 101.417 0.595
201706 0.644 102.117 0.780
201709 0.630 102.717 0.758
201712 0.957 102.617 1.153
201803 0.910 102.917 1.093
201806 0.860 104.017 1.022
201809 0.916 104.718 1.082
201812 1.216 104.217 1.443
201903 0.634 104.217 0.752
201906 1.338 105.718 1.565
201909 0.671 106.018 0.783
201912 1.711 105.818 2.000
202003 0.732 105.718 0.856
202006 0.888 106.618 1.030
202009 0.846 105.818 0.989
202012 0.876 105.518 1.027
202103 0.651 107.518 0.749
202106 0.908 108.486 1.035
202109 1.012 109.435 1.144
202112 1.000 110.384 1.120
202203 0.910 113.968 0.987
202206 0.874 115.760 0.934
202209 1.000 118.818 1.041
202212 1.174 119.345 1.217
202303 0.733 122.402 0.741
202306 0.793 123.140 0.796
202309 0.875 124.195 0.871
202312 0.984 123.668 0.984

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.


Patrizia AG  (FRA:PAT) 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.


Patrizia AG Cyclically Adjusted PS Ratio Related Terms

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


Patrizia AG (FRA:PAT) Business Description

Industry
Traded in Other Exchanges
Address
Fuggerstrasse 26, Patrizia Burohaus, Augsburg, BY, DEU, 86150
Patrizia AG is an active real estate investment company that operates in two primary segments: management services, which includes the buying and selling of properties, long-term property management, portfolio management, and service fee income; and investments, which includes returns on co-investments as well as principal investments. The majority of Patrizia's revenue is generated by the management services segment. The firm invests in both residential and commercial real estate throughout Europe, with over half of its revenue coming from its holdings in Germany.

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