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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Millenniumpthorne Hotels Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Millenniumpthorne Hotels Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Millenniumpthorne Hotels'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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Millenniumpthorne Hotels Cyclically Adjusted PS Ratio Chart

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Millenniumpthorne Hotels's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Millenniumpthorne Hotels'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.


Millenniumpthorne Hotels's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Millenniumpthorne Hotels 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.

Millenniumpthorne Hotels's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Millenniumpthorne Hotels's adjusted Revenue per Share data for the three months ended in Jun. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=1.003/107.9000*107.9000
=1.003

Current CPI (Jun. 2019) = 107.9000.

Millenniumpthorne Hotels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200909 0.849 88.300 1.037
200912 0.944 88.900 1.146
201003 0.778 89.400 0.939
201006 0.896 90.200 1.072
201009 0.926 90.400 1.105
201012 1.033 91.700 1.215
201103 0.896 92.600 1.044
201106 1.007 93.500 1.162
201109 1.202 94.500 1.372
201112 1.021 95.000 1.160
201203 0.873 95.400 0.987
201206 0.958 95.600 1.081
201209 0.952 96.400 1.066
201212 1.016 97.300 1.127
201303 0.805 97.800 0.888
201306 0.980 98.000 1.079
201309 0.995 98.700 1.088
201312 2.406 99.200 2.617
201403 0.896 99.300 0.974
201406 1.064 99.800 1.150
201409 1.070 100.000 1.155
201412 1.103 99.900 1.191
201503 0.870 99.600 0.943
201506 1.027 100.100 1.107
201509 0.997 100.200 1.074
201512 1.065 100.400 1.145
201603 0.842 100.400 0.905
201606 0.988 101.000 1.055
201609 1.000 101.500 1.063
201612 1.003 102.200 1.059
201703 0.848 102.700 0.891
201706 1.033 103.500 1.077
201709 1.080 104.300 1.117
201712 1.073 105.000 1.103
201803 0.933 105.100 0.958
201806 1.065 105.900 1.085
201809 1.018 106.600 1.030
201812 1.041 107.100 1.049
201903 0.872 107.000 0.879
201906 1.003 107.900 1.003

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.


Millenniumpthorne Hotels  (OTCPK:MLCTF) 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.


Millenniumpthorne Hotels Cyclically Adjusted PS Ratio Related Terms

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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

From GuruFocus

Value Investing With Millennium & Copthorne Pays Off

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