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Riocan Real Estate Investment Trust (FRA:R7G) Cyclically Adjusted PS Ratio : 4.16 (As of May. 13, 2024)


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What is Riocan Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-13), Riocan Real Estate Investment Trust's current share price is €11.738. Riocan Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.82. Riocan Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 4.16.

The historical rank and industry rank for Riocan Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:R7G' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.41   Med: 6.3   Max: 7.83
Current: 4.17

During the past years, Riocan Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 7.83. The lowest was 3.41. And the median was 6.30.

FRA:R7G's Cyclically Adjusted PS Ratio is ranked better than
57.46% of 489 companies
in the REITs industry
Industry Median: 4.98 vs FRA:R7G: 4.17

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.

Riocan Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.686. 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 €2.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riocan Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Riocan Real Estate Investment Trust'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.

Riocan Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Riocan Real Estate Investment Trust 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 6.62 4.33 5.73 5.02 4.36

Riocan Real Estate Investment Trust 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 4.80 4.51 4.21 4.36 4.35

Competitive Comparison of Riocan Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Riocan Real Estate Investment Trust'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.


Riocan Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Riocan Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Riocan Real Estate Investment Trust 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.

Riocan Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.738/2.82
=4.16

* 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.

Riocan Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Riocan Real Estate Investment Trust'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)
=0.686/125.4675*125.4675
=0.686

Current CPI (Mar. 2024) = 125.4675.

Riocan Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.656 99.473 0.827
201409 0.680 99.394 0.858
201412 0.292 98.367 0.372
201503 0.622 99.789 0.782
201506 0.592 100.500 0.739
201509 0.553 100.421 0.691
201512 0.605 99.947 0.759
201603 0.595 101.054 0.739
201606 0.584 102.002 0.718
201609 0.587 101.765 0.724
201612 0.634 101.449 0.784
201703 0.619 102.634 0.757
201706 0.584 103.029 0.711
201709 0.598 103.345 0.726
201712 0.595 103.345 0.722
201803 0.565 105.004 0.675
201806 0.573 105.557 0.681
201809 0.588 105.636 0.698
201812 0.643 105.399 0.765
201903 0.703 106.979 0.824
201906 0.716 107.690 0.834
201909 0.792 107.611 0.923
201912 0.695 107.769 0.809
202003 0.584 107.927 0.679
202006 0.557 108.401 0.645
202009 0.611 108.164 0.709
202012 0.576 108.559 0.666
202103 0.582 110.298 0.662
202106 0.636 111.720 0.714
202109 0.557 112.905 0.619
202112 0.737 113.774 0.813
202203 0.680 117.646 0.725
202206 0.739 120.806 0.768
202209 0.760 120.648 0.790
202212 0.704 120.964 0.730
202303 0.635 122.702 0.649
202306 0.638 124.203 0.644
202309 0.626 125.230 0.627
202312 0.676 125.468 0.676
202403 0.686 125.468 0.686

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.


Riocan Real Estate Investment Trust  (FRA:R7G) 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.


Riocan Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


Riocan Real Estate Investment Trust (FRA:R7G) Business Description

Traded in Other Exchanges
Address
2300 Yonge Street, Suite 500, P.O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates. By geography, the company operates in Canada, which generates the majority of total revenue, and in the United States.

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