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Real Estate Trade Centers Co (KUW:MARAKEZ) Cyclically Adjusted PS Ratio : (As of May. 09, 2024)


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What is Real Estate Trade Centers Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Estate Trade Centers Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Real Estate Trade Centers Co'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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Real Estate Trade Centers Co Cyclically Adjusted PS Ratio Chart

Real Estate Trade Centers Co 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 0.89 - - - -

Real Estate Trade Centers Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Real Estate Trade Centers Co's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Real Estate Trade Centers Co'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.


Real Estate Trade Centers Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Real Estate Trade Centers Co's Cyclically Adjusted PS Ratio falls into.



Real Estate Trade Centers Co 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.

Real Estate Trade Centers Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Real Estate Trade Centers Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0/129.4194*129.4194
=0.000

Current CPI (Dec23) = 129.4194.

Real Estate Trade Centers Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.001 105.998 0.001
201912 0.001 108.420 0.001
202012 0.000 109.897 0.000
202112 0.000 117.630 0.000
202212 0.000 125.222 0.000
202312 0.000 129.419 0.000

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.


Real Estate Trade Centers Co  (KUW:MARAKEZ) 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.


Real Estate Trade Centers Co Cyclically Adjusted PS Ratio Related Terms

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Real Estate Trade Centers Co (KUW:MARAKEZ) Business Description

Traded in Other Exchanges
N/A
Address
Salheya Complex, P.O. Box 26400, Block 23, First Floor, Entrance No. 2, Safat, Kuwait, KWT, 13124
Real Estate Trade Centers Co engages in the real estate business in Kuwait. The company is engaged in the business of owning, selling and purchasing lands, real estate, and shares of real estate companies, managing hotels, and health clubs, establishing and managing investment funds, owning commercial markets and building the infrastructure of related projects also property management of third parties and leasing and marketing properties. It is also engaged in owning and operating housing complexes; and holding real estate auctions.

Real Estate Trade Centers Co (KUW:MARAKEZ) Headlines

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