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Real Estate Investors (LSE:RLE) Cyclically Adjusted PS Ratio : 4.00 (As of Jun. 04, 2024)


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What is Real Estate Investors Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Real Estate Investors's current share price is £0.36. Real Estate Investors's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.09. Real Estate Investors's Cyclically Adjusted PS Ratio for today is 4.00.

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

LSE:RLE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3   Med: 4.64   Max: 7
Current: 3.92

During the past 13 years, Real Estate Investors's highest Cyclically Adjusted PS Ratio was 7.00. The lowest was 3.00. And the median was 4.64.

LSE:RLE's Cyclically Adjusted PS Ratio is ranked better than
59.27% of 491 companies
in the REITs industry
Industry Median: 4.94 vs LSE:RLE: 3.92

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.

Real Estate Investors's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.067. 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 £0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Estate Investors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Real Estate Investors'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.

Real Estate Investors Cyclically Adjusted PS Ratio Chart

Real Estate Investors 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 6.14 3.96 4.44 3.07 3.29

Real Estate Investors Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.44 - 3.07 - 3.29

Competitive Comparison of Real Estate Investors's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Real Estate Investors'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 Investors's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Real Estate Investors 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 Investors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.36/0.09
=4.00

* 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.

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

For example, Real Estate Investors'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)
=0.067/130.5000*130.5000
=0.067

Current CPI (Dec23) = 130.5000.

Real Estate Investors Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.080 99.900 0.105
201512 0.051 100.400 0.066
201612 0.071 102.200 0.091
201712 0.079 105.000 0.098
201812 0.083 107.100 0.101
201912 0.087 108.500 0.105
202012 0.090 109.400 0.107
202112 0.088 114.700 0.100
202212 0.076 125.300 0.079
202312 0.067 130.500 0.067

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 Investors  (LSE:RLE) 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 Investors Cyclically Adjusted PS Ratio Related Terms

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


Real Estate Investors (LSE:RLE) Business Description

Traded in Other Exchanges
Address
75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP
Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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