GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Logistics Trust (OTCPK:MAPGF) » Definitions » Cyclically Adjusted PS Ratio

Mapletree Logistics Trust (Mapletree Logistics Trust) Cyclically Adjusted PS Ratio : 8.15 (As of May. 26, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Mapletree Logistics Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Mapletree Logistics Trust's current share price is $1.06. Mapletree Logistics Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.13. Mapletree Logistics Trust's Cyclically Adjusted PS Ratio for today is 8.15.

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

MAPGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.71   Med: 11   Max: 15.26
Current: 8.18

During the past years, Mapletree Logistics Trust's highest Cyclically Adjusted PS Ratio was 15.26. The lowest was 7.71. And the median was 11.00.

MAPGF's Cyclically Adjusted PS Ratio is ranked worse than
73.62% of 489 companies
in the REITs industry
Industry Median: 4.97 vs MAPGF: 8.18

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.

Mapletree Logistics Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.028. 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 Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Logistics Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mapletree Logistics Trust'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.

Mapletree Logistics Trust Cyclically Adjusted PS Ratio Chart

Mapletree Logistics Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.69 11.30 13.29 11.62 10.31

Mapletree Logistics Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.73 10.31 9.68 9.97 10.39

Competitive Comparison of Mapletree Logistics Trust's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Mapletree Logistics Trust'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.


Mapletree Logistics Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Mapletree Logistics Trust's Cyclically Adjusted PS Ratio falls into.



Mapletree Logistics Trust 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.

Mapletree Logistics Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.06/0.13
=8.15

* 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.

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

For example, Mapletree Logistics Trust'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)
=0.028/129.4194*129.4194
=0.028

Current CPI (Dec. 2023) = 129.4194.

Mapletree Logistics Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.026 99.695 0.034
201406 0.026 100.560 0.033
201409 0.026 100.428 0.034
201412 0.025 99.070 0.033
201503 0.025 99.621 0.032
201506 0.025 100.684 0.032
201509 0.025 100.392 0.032
201512 0.025 99.792 0.032
201603 0.026 100.470 0.033
201606 0.026 101.688 0.033
201609 0.027 101.861 0.034
201612 0.026 101.863 0.033
201703 0.027 102.862 0.034
201706 0.028 103.349 0.035
201709 0.027 104.136 0.034
201712 0.024 104.011 0.030
201803 0.027 105.290 0.033
201806 0.021 106.317 0.026
201809 0.024 106.507 0.029
201812 0.025 105.998 0.031
201903 0.025 107.251 0.030
201906 0.024 108.070 0.029
201909 0.024 108.329 0.029
201912 0.024 108.420 0.029
202003 0.024 108.902 0.029
202006 0.025 108.767 0.030
202009 0.025 109.815 0.029
202012 0.026 109.897 0.031
202103 0.026 111.754 0.030
202106 0.029 114.631 0.033
202109 0.029 115.734 0.032
202112 0.028 117.630 0.031
202203 0.028 121.301 0.030
202206 0.028 125.017 0.029
202209 0.027 125.227 0.028
202212 0.028 125.222 0.029
202303 0.028 127.348 0.028
202306 0.027 128.729 0.027
202309 0.028 129.860 0.028
202312 0.028 129.419 0.028

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.


Mapletree Logistics Trust  (OTCPK:MAPGF) 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.


Mapletree Logistics Trust Cyclically Adjusted PS Ratio Related Terms

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


Mapletree Logistics Trust (Mapletree Logistics Trust) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Logistics Trust is a real estate investment trust focusing on logistics properties. As of March 31, 2023, the trust had a SGD 12.8 billion portfolio of 185 properties, spread across Singapore, Hong Kong, Japan, China, South Korea, Australia, Malaysia, Vietnam, and India. The trust is externally managed by Mapletree Logistics Trust Management Ltd, a subsidiary of Mapletree Investments Pte Ltd, which owns around a 32% stake in the trust.

Mapletree Logistics Trust (Mapletree Logistics Trust) Headlines

From GuruFocus

Mapletree Logistics Trust's Dividend Analysis

By GuruFocus Research 10-31-2023