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Melcor Developments (Melcor Developments) Cyclically Adjusted PS Ratio : 1.26 (As of Jun. 20, 2024)


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What is Melcor Developments Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Melcor Developments's current share price is $8.53. Melcor Developments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.79. Melcor Developments's Cyclically Adjusted PS Ratio for today is 1.26.

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

MODVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.73   Max: 4.14
Current: 1.25

During the past years, Melcor Developments's highest Cyclically Adjusted PS Ratio was 4.14. The lowest was 0.70. And the median was 1.73.

MODVF's Cyclically Adjusted PS Ratio is ranked better than
58.29% of 1369 companies
in the Real Estate industry
Industry Median: 1.73 vs MODVF: 1.25

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.

Melcor Developments's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.207. 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 $6.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melcor Developments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Cyclically Adjusted PS Ratio Chart

Melcor Developments 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 1.61 1.14 1.61 1.17 1.21

Melcor Developments 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 1.31 1.22 1.30 1.21 1.22

Competitive Comparison of Melcor Developments's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Melcor Developments 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.

Melcor Developments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.53/6.79
=1.26

* 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.

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

For example, Melcor Developments'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)
=1.207/126.2576*126.2576
=1.207

Current CPI (Mar. 2024) = 126.2576.

Melcor Developments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.908 99.473 2.422
201409 2.690 99.394 3.417
201412 2.754 98.367 3.535
201503 0.899 99.789 1.137
201506 1.142 100.500 1.435
201509 1.976 100.421 2.484
201512 2.008 99.947 2.537
201603 0.689 101.054 0.861
201606 0.918 102.002 1.136
201609 1.458 101.765 1.809
201612 2.410 101.449 2.999
201703 0.864 102.634 1.063
201706 1.079 103.029 1.322
201709 1.510 103.345 1.845
201712 2.698 103.345 3.296
201803 1.032 105.004 1.241
201806 1.000 105.557 1.196
201809 1.370 105.636 1.637
201812 2.683 105.399 3.214
201903 0.820 106.979 0.968
201906 0.887 107.690 1.040
201909 1.217 107.611 1.428
201912 1.811 107.769 2.122
202003 0.726 107.927 0.849
202006 0.866 108.401 1.009
202009 1.687 108.164 1.969
202012 1.865 108.559 2.169
202103 1.030 110.298 1.179
202106 1.607 111.720 1.816
202109 1.339 112.905 1.497
202112 3.465 113.774 3.845
202203 1.193 117.646 1.280
202206 1.216 120.806 1.271
202209 1.407 120.648 1.472
202212 1.753 120.964 1.830
202303 0.857 122.702 0.882
202306 1.566 124.203 1.592
202309 2.135 125.230 2.153
202312 3.018 125.072 3.047
202403 1.207 126.258 1.207

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.


Melcor Developments  (OTCPK:MODVF) 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.


Melcor Developments Cyclically Adjusted PS Ratio Related Terms

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


Melcor Developments (Melcor Developments) Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.