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Picton Propertyome (LSE:PCTN) Cyclically Adjusted PS Ratio : 5.22 (As of Jun. 04, 2024)


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What is Picton Propertyome Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Picton Propertyome's current share price is £0.679. Picton Propertyome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was £0.13. Picton Propertyome's Cyclically Adjusted PS Ratio for today is 5.22.

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

LSE:PCTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.44   Med: 8.18   Max: 41.75
Current: 5.1

During the past 13 years, Picton Propertyome's highest Cyclically Adjusted PS Ratio was 41.75. The lowest was 4.44. And the median was 8.18.

LSE:PCTN's Cyclically Adjusted PS Ratio is ranked worse than
51.12% of 491 companies
in the REITs industry
Industry Median: 4.94 vs LSE:PCTN: 5.10

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.

Picton Propertyome's adjusted revenue per share data of for the fiscal year that ended in Mar24 was £0.036. 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 £0.13 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Picton Propertyome Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Picton Propertyome'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.

Picton Propertyome Cyclically Adjusted PS Ratio Chart

Picton Propertyome Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.59 7.44 6.71 4.89 4.95

Picton Propertyome Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 6.71 - 4.89 - 4.95

Competitive Comparison of Picton Propertyome's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Picton Propertyome'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.


Picton Propertyome's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Picton Propertyome 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.

Picton Propertyome's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.679/0.13
=5.22

* 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.

Picton Propertyome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Picton Propertyome's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.036/131.7762*131.7762
=0.036

Current CPI (Mar24) = 131.7762.

Picton Propertyome Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.184 99.621 0.243
201603 0.147 100.470 0.193
201703 0.109 102.862 0.140
201803 0.151 105.290 0.189
201903 0.094 107.251 0.115
202003 0.074 108.902 0.090
202103 0.091 111.754 0.107
202203 0.307 121.301 0.334
202303 -0.124 127.348 -0.128
202403 0.036 131.776 0.036

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.


Picton Propertyome  (LSE:PCTN) 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.


Picton Propertyome Cyclically Adjusted PS Ratio Related Terms

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


Picton Propertyome (LSE:PCTN) Business Description

Traded in Other Exchanges
N/A
Address
1st & 2nd Floors, Elizabeth House, Les Ruettes Brayes, Saint Peter Port, GGY, GY1 1EW
Picton Property Income Ltd is a UK Real Estate Investment Trust which invests in commercial property across the United Kingdom. It owns a property portfolio consisting of assets invested across the main commercial property sectors: Industrial, Office, Retail, and Leisure. The portfolio is invested in the industrial and office sectors and is biased towards London and the South East. Some of the properties include Parkbury Industrial Estate, River Way Industrial Estate, Angel Gate, Stanford House, Tower Wharf, and others.

Picton Propertyome (LSE:PCTN) Headlines

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