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Partners Real Estate Investment Trust (Partners Real Estate Investment Trust) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is Partners Real Estate Investment Trust Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Partners Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Partners Real Estate Investment 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.

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Partners Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Partners Real Estate Investment Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Partners Real Estate Investment Trust Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Partners Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Partners Real Estate Investment 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.


Partners Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Partners Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Partners Real Estate Investment 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.

Partners Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Partners Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Sep. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.053/107.6113*107.6113
=0.053

Current CPI (Sep. 2019) = 107.6113.

Partners Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.832 90.703 0.987
201003 0.836 91.335 0.985
201006 0.800 91.809 0.938
201009 0.642 92.362 0.748
201012 0.671 92.836 0.778
201103 0.633 94.338 0.722
201106 0.711 94.654 0.808
201109 0.764 95.286 0.863
201112 0.892 94.970 1.011
201203 0.615 96.155 0.688
201206 0.563 96.076 0.631
201209 0.516 96.392 0.576
201212 0.493 95.760 0.554
201303 0.489 97.103 0.542
201306 0.509 97.182 0.564
201309 0.523 97.419 0.578
201312 0.515 96.945 0.572
201403 0.506 98.604 0.552
201406 0.517 99.473 0.559
201409 0.483 99.394 0.523
201412 0.474 98.367 0.519
201503 0.420 99.789 0.453
201506 0.408 100.500 0.437
201509 0.392 100.421 0.420
201512 0.317 99.947 0.341
201603 0.314 101.054 0.334
201606 0.322 102.002 0.340
201609 0.317 101.765 0.335
201612 0.318 101.449 0.337
201703 0.304 102.634 0.319
201706 0.295 103.029 0.308
201709 0.236 103.345 0.246
201712 0.219 103.345 0.228
201803 0.218 105.004 0.223
201806 0.211 105.557 0.215
201809 0.207 105.636 0.211
201812 0.168 105.399 0.172
201903 0.148 106.979 0.149
201906 0.092 107.690 0.092
201909 0.053 107.611 0.053

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.


Partners Real Estate Investment Trust  (OTCPK:PTSRF) 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.


Partners Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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Partners Real Estate Investment Trust (Partners Real Estate Investment Trust) Business Description

Traded in Other Exchanges
N/A
Address
249 Saunders Road, Unit number 3, Barrie, ON, CAN, L4N 9A3
Partners Real Estate Investment Trust is an open-ended real estate investment trust. It is engaged in acquiring, developing and managing a portfolio of retail and mixed-use retail community and neighbourhood shopping centres from markets across Canada.

Partners Real Estate Investment Trust (Partners Real Estate Investment Trust) Headlines

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