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Reven Housing REIT (Reven Housing REIT) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


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What is Reven Housing REIT Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reven Housing REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reven Housing REIT'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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Reven Housing REIT Cyclically Adjusted PS Ratio Chart

Reven Housing REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Reven Housing REIT 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 Reven Housing REIT's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Reven Housing REIT'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.


Reven Housing REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Reven Housing REIT 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.

Reven Housing REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Reven Housing REIT's adjusted Revenue per Share data for the fiscal year that ended in Dec18 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.824/105.9979*105.9979
=0.824

Current CPI (Dec18) = 105.9979.

Reven Housing REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.029 91.111 0.034
201012 0.032 92.474 0.037
201112 0.000 95.213 0.000
201212 0.015 96.871 0.016
201312 0.256 98.326 0.276
201412 0.441 99.070 0.472
201512 0.703 99.792 0.747
201612 0.689 101.863 0.717
201712 0.728 104.011 0.742
201812 0.824 105.998 0.824

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.


Reven Housing REIT  (NAS:RVEN) 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.


Reven Housing REIT Cyclically Adjusted PS Ratio Related Terms

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Reven Housing REIT (Reven Housing REIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037
Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines