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VEREIT (VEREIT) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is VEREIT Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VEREIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VEREIT'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.

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VEREIT Cyclically Adjusted PS Ratio Chart

VEREIT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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VEREIT Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of VEREIT's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, VEREIT'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.


VEREIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



VEREIT 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.

VEREIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, VEREIT's adjusted Revenue per Share data for the three months ended in Sep. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=1.261/115.7343*115.7343
=1.261

Current CPI (Sep. 2021) = 115.7343.

VEREIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 2.317 95.213 2.816
201203 1.321 96.783 1.580
201206 0.837 96.819 1.001
201209 0.680 97.633 0.806
201212 13.764 96.871 16.444
201303 1.272 98.209 1.499
201306 1.381 98.518 1.622
201309 2.148 98.790 2.516
201312 2.931 98.326 3.450
201403 2.933 99.695 3.405
201406 2.343 100.560 2.697
201409 2.534 100.428 2.920
201412 1.936 99.070 2.262
201503 2.181 99.621 2.534
201506 2.179 100.684 2.505
201509 2.130 100.392 2.456
201512 1.486 99.792 1.723
201603 2.041 100.470 2.351
201606 2.052 101.688 2.335
201609 1.873 101.861 2.128
201612 1.194 101.863 1.357
201703 1.648 102.862 1.854
201706 1.544 103.349 1.729
201709 1.573 104.136 1.748
201712 1.625 104.011 1.808
201803 1.581 105.290 1.738
201806 1.630 106.317 1.774
201809 1.622 106.507 1.763
201812 1.619 105.998 1.768
201903 1.595 107.251 1.721
201906 1.561 108.070 1.672
201909 1.549 108.329 1.655
201912 1.327 108.420 1.417
202003 1.385 108.902 1.472
202006 1.292 108.767 1.375
202009 1.361 109.815 1.434
202012 1.293 109.897 1.362
202103 1.268 111.754 1.313
202106 1.266 114.631 1.278
202109 1.261 115.734 1.261

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.


VEREIT  (NYSE:VER) 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.


VEREIT Cyclically Adjusted PS Ratio Related Terms

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


VEREIT (VEREIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » VEREIT Inc (NYSE:VER) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
N/A
Address
2325 East Camelback Road, 9th Floor, Phoenix, AZ, USA, 85016
VEREIT Inc is a real estate investment trust primarily involved in the ownership of property located in the U.S. and Canada. VEREIT organizes its operations through the Real Estate Investment segment and the investment management segment. The company derives the vast majority of its income from its Real Estate Investment division in the form of rental income from long-term leases. This business unit owns and manages a real estate portfolio that is fairly evenly diversified between retail, restaurant, office, and industrial properties. A sizable amount of the company's total rental income is derived from customers in the casual dining restaurant and manufacturing industries.
Executives
Mary Hogan Preusse director C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Julie Richardson director YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Eugene A Pinover director 333 CENTRAL PARK WEST, APT 66 NEW YORK NY 10025
Hugh R Frater director, other: Non-Executive Chairman C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Glenn J Rufrano director, officer: Chief Executive Officer C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036
Gavin Brandon officer: SVP & Chief Accounting Officer 2325 E CAMELBACK RD, 9TH FLOOR, PHOENIX AZ 85016
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
David Henry director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Richard J Lieb director C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Paul H Mcdowell officer: See Remarks 110 MAIDEN LANE, NEW YORK NY 10005
Michael J. Bartolotta officer: See Remarks 7 VIK DRIVE, WARWICK NY 10990
Lauren Goldberg officer: See Remarks 23 W. 73RD. ST. #508 NEW YORK NY 10023
Thomas W Roberts officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX NY 85016
Miller William Craig Jr. officer: See Remarks 315 PONDFIELD ROAD BRONXVILLE NY 10708
Bruce D Frank director 405 PARK AVENUE, NEW YORK NY 10022

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