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GLP J-REIT (GLP J-REIT) Cyclically Adjusted PS Ratio : 13.61 (As of Jun. 19, 2024)


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What is GLP J-REIT Cyclically Adjusted PS Ratio?

As of today (2024-06-19), GLP J-REIT's current share price is $979.595. GLP J-REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was $72.00. GLP J-REIT's Cyclically Adjusted PS Ratio for today is 13.61.

The historical rank and industry rank for GLP J-REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:

GLPJF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.1   Med: 13.77   Max: 16.39
Current: 12.45

During the past 11 years, GLP J-REIT's highest Cyclically Adjusted PS Ratio was 16.39. The lowest was 11.10. And the median was 13.77.

GLPJF's Cyclically Adjusted PS Ratio is ranked worse than
90.04% of 492 companies
in the REITs industry
Industry Median: 4.85 vs GLPJF: 12.45

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.

GLP J-REIT's adjusted revenue per share data of for the fiscal year that ended in Aug23 was $79.171. 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 $72.00 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GLP J-REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GLP J-REIT'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.

GLP J-REIT Cyclically Adjusted PS Ratio Chart

GLP J-REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16.72 12.98

GLP J-REIT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 16.72 - 12.98 -

Competitive Comparison of GLP J-REIT's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, GLP J-REIT'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.


GLP J-REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GLP J-REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where GLP J-REIT's Cyclically Adjusted PS Ratio falls into.



GLP J-REIT 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.

GLP J-REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=979.595/72
=13.61

* 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.

GLP J-REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, GLP J-REIT's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=79.171/105.9000*105.9000
=79.171

Current CPI (Aug23) = 105.9000.

GLP J-REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 81.315 98.300 87.602
201508 75.064 98.400 80.785
201608 93.750 97.900 101.411
201708 91.216 98.500 98.069
201808 89.540 99.800 95.013
201908 94.795 100.000 100.388
202008 91.733 100.100 97.048
202108 97.758 99.700 103.837
202208 81.759 102.700 84.307
202308 79.171 105.900 79.171

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.


GLP J-REIT  (OTCPK:GLPJF) 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.


GLP J-REIT Cyclically Adjusted PS Ratio Related Terms

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


GLP J-REIT (GLP J-REIT) Business Description

Industry
Traded in Other Exchanges
Address
Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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