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Australand Property Group (FRA:PQP1) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Australand Property Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Australand Property Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Australand Property Group'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.

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Australand Property Group Cyclically Adjusted PS Ratio Chart

Australand Property Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Australand Property Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of Australand Property Group's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Australand Property Group'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.


Australand Property Group's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Australand Property Group's Cyclically Adjusted PS Ratio falls into.



Australand Property Group 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.

Australand Property Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Australand Property Group's adjusted Revenue per Share data for the fiscal year that ended in Dec13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=1.193/97.3299*97.3299
=1.193

Current CPI (Dec13) = 97.3299.

Australand Property Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200412 3.330 75.691 4.282
200512 4.066 77.827 5.085
200612 2.507 80.427 3.034
200712 2.764 82.749 3.251
200812 1.488 85.814 1.688
200912 0.970 87.578 1.078
201012 0.980 89.993 1.060
201112 0.921 92.686 0.967
201212 1.264 94.730 1.299
201312 1.193 97.330 1.193

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.


Australand Property Group  (FRA:PQP1) 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.


Australand Property Group Cyclically Adjusted PS Ratio Related Terms

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Australand Property Group (FRA:PQP1) Business Description

Traded in Other Exchanges
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Australand Property Group is a stapled security comprising a unit in three trusts and a share in the management company. It owns, develops, and manages industrial, residential and investment property. Activities include development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties, and property management.

Australand Property Group (FRA:PQP1) Headlines

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