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Ladder Capital (Ladder Capital) Cyclically Adjusted PS Ratio : 3.05 (As of Apr. 29, 2024)


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What is Ladder Capital Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Ladder Capital's current share price is $10.91. Ladder Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.58. Ladder Capital's Cyclically Adjusted PS Ratio for today is 3.05.

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

LADR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.17   Med: 2.77   Max: 3.21
Current: 3.07

During the past years, Ladder Capital's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 2.17. And the median was 2.77.

LADR's Cyclically Adjusted PS Ratio is ranked better than
69.51% of 492 companies
in the REITs industry
Industry Median: 5 vs LADR: 3.07

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.

Ladder Capital's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.465. 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 $3.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ladder Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ladder Capital'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.

Ladder Capital Cyclically Adjusted PS Ratio Chart

Ladder Capital 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 - - 2.92 2.47 3.21

Ladder Capital 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 2.44 2.90 2.77 3.21 -

Competitive Comparison of Ladder Capital's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, Ladder Capital'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.


Ladder Capital's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Ladder Capital 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.

Ladder Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.91/3.58
=3.05

* 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.

Ladder Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ladder Capital's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.465/129.4194*129.4194
=0.465

Current CPI (Dec. 2023) = 129.4194.

Ladder Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.631 99.695 0.819
201406 0.842 100.560 1.084
201409 0.909 100.428 1.171
201412 0.631 99.070 0.824
201503 0.643 99.621 0.835
201506 2.289 100.684 2.942
201509 0.757 100.392 0.976
201512 1.954 99.792 2.534
201603 0.270 100.470 0.348
201606 0.621 101.688 0.790
201609 1.551 101.861 1.971
201612 1.627 101.863 2.067
201703 0.512 102.862 0.644
201706 0.692 103.349 0.867
201709 0.785 104.136 0.976
201712 0.913 104.011 1.136
201803 1.227 105.290 1.508
201806 0.848 106.317 1.032
201809 1.245 106.507 1.513
201812 0.599 105.998 0.731
201903 0.649 107.251 0.783
201906 0.698 108.070 0.836
201909 0.618 108.329 0.738
201912 0.800 108.420 0.955
202003 0.435 108.902 0.517
202006 0.029 108.767 0.035
202009 0.395 109.815 0.466
202012 0.208 109.897 0.245
202103 0.197 111.754 0.228
202106 0.306 114.631 0.345
202109 0.369 115.734 0.413
202112 0.471 117.630 0.518
202203 0.574 121.301 0.612
202206 0.649 125.017 0.672
202209 0.553 125.227 0.572
202212 0.930 125.222 0.961
202303 0.513 127.348 0.521
202306 0.567 128.729 0.570
202309 0.609 129.860 0.607
202312 0.465 129.419 0.465

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.


Ladder Capital  (NYSE:LADR) 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.


Ladder Capital Cyclically Adjusted PS Ratio Related Terms

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


Ladder Capital (Ladder Capital) Business Description

Industry
Traded in Other Exchanges
Address
320 Park Avenue, 15th Floor, New York, NY, USA, 10154
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate.
Executives
Paul J. Miceli officer: Chief Financial Officer C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Anthony Vincent Esposito officer: Chief Accounting Officer C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Pamela Mccormack officer: Chief Strategy Officer & GC 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Brian Harris director, officer: Chief Executive Officer 600 LEXINGTON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Kelly Amanda Porcella officer: General Counsel C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Kevin Moclair officer: Chief Accounting Officer 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Robert Perelman officer: Head of Asset Management 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Marc Fox officer: Chief Financial Officer 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Mark David Alexander director C/O LADDER CAPITAL CORP, 345 PARK AVENUE, NEW YORK NY 10154
David Alan Weiner director C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Jeffrey B Steiner director 15 WEST 63RD STREET, NEW YORK NY 10023
Thomas Harney officer: Head-Merchant Banking & Cap Mk 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Alan H Fishman director, Chairman ONE METROTECH CENTER, BROOKLYN NY 11201
Gi Partners Fund Iii Lp director, 10 percent owner 2180 SAND HILL ROAD, SUITE 210, MENLO PARK CA 94025
Towerbrook Investor Ii Executive Fund L P 10 percent owner 430 PARK AVE 6TH FL, NEW YORK NY 10022

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