GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prime Office A/S (LTS:0JBG) » Definitions » Cyclically Adjusted PS Ratio

Prime Office A/S (LTS:0JBG) Cyclically Adjusted PS Ratio : 3.68 (As of Jun. 08, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Prime Office A/S Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Prime Office A/S's current share price is kr60.66668. Prime Office A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr16.50. Prime Office A/S's Cyclically Adjusted PS Ratio for today is 3.68.

The historical rank and industry rank for Prime Office A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0JBG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.61   Med: 6.37   Max: 9.24
Current: 3.76

During the past years, Prime Office A/S's highest Cyclically Adjusted PS Ratio was 9.24. The lowest was 3.61. And the median was 6.37.

LTS:0JBG's Cyclically Adjusted PS Ratio is ranked worse than
70.52% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs LTS:0JBG: 3.76

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.

Prime Office A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was kr13.370. 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 kr16.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Office A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prime Office A/S'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.

Prime Office A/S Cyclically Adjusted PS Ratio Chart

Prime Office A/S 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 6.68 6.44 8.35 5.49 4.32

Prime Office A/S 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 5.54 4.58 4.55 4.32 3.68

Competitive Comparison of Prime Office A/S's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Prime Office A/S'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.


Prime Office A/S's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Office A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Prime Office A/S's Cyclically Adjusted PS Ratio falls into.



Prime Office A/S 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.

Prime Office A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.66668/16.5
=3.68

* 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.

Prime Office A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Prime Office A/S's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.37/118.4000*118.4000
=13.370

Current CPI (Mar. 2024) = 118.4000.

Prime Office A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.611 99.700 5.476
201409 4.538 99.700 5.389
201412 5.995 99.400 7.141
201503 5.082 100.200 6.005
201506 15.619 100.300 18.438
201509 8.373 100.200 9.894
201512 8.246 99.800 9.783
201603 8.316 100.200 9.826
201606 8.272 100.600 9.736
201609 8.443 100.200 9.977
201612 8.528 100.300 10.067
201703 8.518 101.200 9.966
201706 8.519 101.200 9.967
201709 8.561 101.800 9.957
201712 9.757 101.300 11.404
201803 11.704 101.700 13.626
201806 11.848 102.300 13.713
201809 11.722 102.400 13.554
201812 11.799 102.100 13.683
201903 11.663 102.900 13.420
201906 11.826 102.900 13.607
201909 11.854 102.900 13.640
201912 11.821 102.900 13.602
202003 11.840 103.300 13.571
202006 11.802 103.200 13.540
202009 11.732 103.500 13.421
202012 12.111 103.400 13.868
202103 11.845 104.300 13.446
202106 11.937 105.000 13.460
202109 11.935 105.800 13.356
202112 12.658 106.600 14.059
202203 12.327 109.900 13.280
202206 12.419 113.600 12.944
202209 12.451 116.400 12.665
202212 12.782 115.900 13.058
202303 13.206 117.300 13.330
202306 12.859 116.400 13.080
202309 13.013 117.400 13.124
202312 13.209 116.700 13.401
202403 13.370 118.400 13.370

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.


Prime Office A/S  (LTS:0JBG) 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.


Prime Office A/S Cyclically Adjusted PS Ratio Related Terms

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


Prime Office A/S (LTS:0JBG) Business Description

Industry
Traded in Other Exchanges
Address
Sonder Alle 6, 2. sal, Arhus, DNK, DK-8000
Prime Office A/S is a Denmark based real estate company. Its portfolio consists of office properties, residential and commercial properties and invests in property company which owns apartments in Northern Germany.

Prime Office A/S (LTS:0JBG) Headlines

No Headlines