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HomeFed (HomeFed) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is HomeFed Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HomeFed Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HomeFed'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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HomeFed Cyclically Adjusted PS Ratio Chart

HomeFed Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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HomeFed Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of HomeFed's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, HomeFed'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.


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

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

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



HomeFed 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.

HomeFed's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, HomeFed's adjusted Revenue per Share data for the three months ended in Mar. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=1.866/107.2505*107.2505
=1.866

Current CPI (Mar. 2019) = 107.2505.

HomeFed Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200906 0.189 91.003 0.223
200909 0.659 91.120 0.776
200912 1.511 91.111 1.779
201003 0.178 91.821 0.208
201006 9.043 91.962 10.546
201009 0.433 92.162 0.504
201012 4.447 92.474 5.158
201103 0.935 94.283 1.064
201106 0.081 95.235 0.091
201109 0.926 95.727 1.037
201112 2.390 95.213 2.692
201203 0.459 96.783 0.509
201206 0.030 96.819 0.033
201209 1.163 97.633 1.278
201212 2.906 96.871 3.217
201303 1.099 98.209 1.200
201306 0.230 98.518 0.250
201309 0.692 98.790 0.751
201312 5.263 98.326 5.741
201403 0.389 99.695 0.418
201406 1.515 100.560 1.616
201409 0.911 100.428 0.973
201412 1.303 99.070 1.411
201503 0.345 99.621 0.371
201506 0.516 100.684 0.550
201509 1.290 100.392 1.378
201512 2.319 99.792 2.492
201603 0.600 100.470 0.640
201606 2.298 101.688 2.424
201609 1.127 101.861 1.187
201612 1.674 101.863 1.763
201703 2.045 102.862 2.132
201706 2.262 103.349 2.347
201709 1.685 104.136 1.735
201712 1.515 104.011 1.562
201803 3.331 105.290 3.393
201806 2.248 106.317 2.268
201809 2.290 106.507 2.306
201812 1.204 105.998 1.218
201903 1.866 107.251 1.866

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.


HomeFed  (OTCPK:HOFD) 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.


HomeFed Cyclically Adjusted PS Ratio Related Terms

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


HomeFed (HomeFed) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1903 Wright Place, Suite 220, Carlsbad, CA, USA, 92008
HomeFed Corp is a real estate development company. The company segmented its operating activities into three reportable segments, Real Estate, Farming, and Corporate. The Real Estate operations consist of a variety of residential and commercial land development projects and other unimproved lands, and retail and office operating properties. Real Estate also includes equity method investments in BRP Holding and BRP Hotel. Farming operations consist of the Rampage property, a project with which it is conducting farming activities during the lengthy entitlement and development process. Corporate primarily consists of interest income and overhead expenses. Its property portfolio consists of master planned communities, income properties, and land holdings.
Executives
Brian P Friedman director
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Patrick D Bienvenue director 1903 WRIGHT PLACE STE 220, CARLSBAD CA 92008
Ian M. Cumming director PO BOX 4902, JACKSON WY 83001