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Tri Pointe Homes (FRA:T86) Cyclically Adjusted PS Ratio : 1.35 (As of May. 21, 2024)


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What is Tri Pointe Homes Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Tri Pointe Homes's current share price is €36.40. Tri Pointe Homes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €26.89. Tri Pointe Homes's Cyclically Adjusted PS Ratio for today is 1.35.

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

FRA:T86' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.03   Max: 1.38
Current: 1.37

During the past years, Tri Pointe Homes's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.55. And the median was 1.03.

FRA:T86's Cyclically Adjusted PS Ratio is ranked worse than
76.62% of 77 companies
in the Homebuilding & Construction industry
Industry Median: 0.86 vs FRA:T86: 1.37

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.

Tri Pointe Homes's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.017. 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 €26.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tri Pointe Homes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tri Pointe Homes'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.

Tri Pointe Homes Cyclically Adjusted PS Ratio Chart

Tri Pointe Homes 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 - - 1.20 0.76 1.27

Tri Pointe Homes 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 0.99 1.24 1.00 1.27 1.32

Competitive Comparison of Tri Pointe Homes's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Tri Pointe Homes'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.


Tri Pointe Homes's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tri Pointe Homes's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tri Pointe Homes's Cyclically Adjusted PS Ratio falls into.



Tri Pointe Homes 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.

Tri Pointe Homes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.40/26.89
=1.35

* 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.

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

For example, Tri Pointe Homes'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)
=9.017/131.7762*131.7762
=9.017

Current CPI (Mar. 2024) = 131.7762.

Tri Pointe Homes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.944 100.560 2.547
201409 2.330 100.428 3.057
201412 3.188 99.070 4.240
201503 2.141 99.621 2.832
201506 2.720 100.684 3.560
201509 3.557 100.392 4.669
201512 4.976 99.792 6.571
201603 2.348 100.470 3.080
201606 3.429 101.688 4.444
201609 3.216 101.861 4.160
201612 4.591 101.863 5.939
201703 2.308 102.862 2.957
201706 3.253 103.349 4.148
201709 3.958 104.136 5.009
201712 6.252 104.011 7.921
201803 3.098 105.290 3.877
201806 4.305 106.317 5.336
201809 4.478 106.507 5.540
201812 7.031 105.998 8.741
201903 3.074 107.251 3.777
201906 4.340 108.070 5.292
201909 4.801 108.329 5.840
201912 7.379 108.420 8.969
202003 4.001 108.902 4.841
202006 5.240 108.767 6.348
202009 5.457 109.815 6.548
202012 6.988 109.897 8.379
202103 5.043 111.754 5.946
202106 7.175 114.631 8.248
202109 7.718 115.734 8.788
202112 10.330 117.630 11.572
202203 6.179 121.301 6.713
202206 9.366 125.017 9.872
202209 10.545 125.227 11.097
202212 14.034 125.222 14.769
202303 7.160 127.348 7.409
202306 7.680 128.729 7.862
202309 7.934 129.860 8.051
202312 11.859 129.419 12.075
202403 9.017 131.776 9.017

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.


Tri Pointe Homes  (FRA:T86) 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.


Tri Pointe Homes Cyclically Adjusted PS Ratio Related Terms

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


Tri Pointe Homes (FRA:T86) Business Description

Traded in Other Exchanges
Address
940 Southwood Boulevard, Suite 200, Incline Village, Irvine, CA, USA, 89451
Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.

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