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Kimco Realty (LTS:0JR1) Cyclically Adjusted PS Ratio : 5.67 (As of May. 27, 2024)


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What is Kimco Realty Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Kimco Realty's current share price is $18.59. Kimco Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.28. Kimco Realty's Cyclically Adjusted PS Ratio for today is 5.67.

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

LTS:0JR1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.91   Med: 7.35   Max: 12.11
Current: 5.62

During the past years, Kimco Realty's highest Cyclically Adjusted PS Ratio was 12.11. The lowest was 2.91. And the median was 7.35.

LTS:0JR1's Cyclically Adjusted PS Ratio is ranked worse than
55.71% of 490 companies
in the REITs industry
Industry Median: 4.985 vs LTS:0JR1: 5.62

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.

Kimco Realty's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.752. 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 $3.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Cyclically Adjusted PS Ratio Chart

Kimco Realty 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 7.81 5.58 8.50 6.80 6.60

Kimco Realty 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 6.16 6.16 5.44 6.60 5.96

Competitive Comparison of Kimco Realty's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Kimco Realty 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.

Kimco Realty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.59/3.28
=5.67

* 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.

Kimco Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kimco Realty'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)
=0.752/131.7762*131.7762
=0.752

Current CPI (Mar. 2024) = 131.7762.

Kimco Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.595 100.560 0.780
201409 0.621 100.428 0.815
201412 0.642 99.070 0.854
201503 0.682 99.621 0.902
201506 0.712 100.684 0.932
201509 0.699 100.392 0.918
201512 0.731 99.792 0.965
201603 0.718 100.470 0.942
201606 0.695 101.688 0.901
201609 0.679 101.861 0.878
201612 0.700 101.863 0.906
201703 0.692 102.862 0.887
201706 0.699 103.349 0.891
201709 0.695 104.136 0.879
201712 0.744 104.011 0.943
201803 0.716 105.290 0.896
201806 0.695 106.317 0.861
201809 0.674 106.507 0.834
201812 0.678 105.998 0.843
201903 0.701 107.251 0.861
201906 0.677 108.070 0.826
201909 0.672 108.329 0.817
201912 0.698 108.420 0.848
202003 0.673 108.902 0.814
202006 0.554 108.767 0.671
202009 0.604 109.815 0.725
202012 0.624 109.897 0.748
202103 0.653 111.754 0.770
202106 0.668 114.631 0.768
202109 0.672 115.734 0.765
202112 0.683 117.630 0.765
202203 0.693 121.301 0.753
202206 0.694 125.017 0.732
202209 0.701 125.227 0.738
202212 0.712 125.222 0.749
202303 0.715 127.348 0.740
202306 0.717 128.729 0.734
202309 0.723 129.860 0.734
202312 0.732 129.419 0.745
202403 0.752 131.776 0.752

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.


Kimco Realty  (LTS:0JR1) 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.


Kimco Realty Cyclically Adjusted PS Ratio Related Terms

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


Kimco Realty (LTS:0JR1) Business Description

Industry
Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.

Kimco Realty (LTS:0JR1) Headlines

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