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SITE Centers (SITE Centers) Cyclically Adjusted PS Ratio : 2.94 (As of Apr. 29, 2024)


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What is SITE Centers Cyclically Adjusted PS Ratio?

As of today (2024-04-29), SITE Centers's current share price is $13.69. SITE Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.66. SITE Centers's Cyclically Adjusted PS Ratio for today is 2.94.

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

SITC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.62   Max: 3.63
Current: 2.89

During the past years, SITE Centers's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 0.81. And the median was 2.62.

SITC's Cyclically Adjusted PS Ratio is ranked better than
71.95% of 492 companies
in the REITs industry
Industry Median: 5 vs SITC: 2.89

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.

SITE Centers's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.596. 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 $4.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SITE Centers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Cyclically Adjusted PS Ratio Chart

SITE Centers 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 2.59 2.03 3.20 2.79 2.92

SITE Centers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.79 2.52 2.74 2.58 2.92

Competitive Comparison of SITE Centers's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



SITE Centers 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.

SITE Centers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.69/4.66
=2.94

* 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.

SITE Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SITE Centers's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.596/129.4194*129.4194
=0.596

Current CPI (Dec. 2023) = 129.4194.

SITE Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.351 99.695 1.754
201406 1.351 100.560 1.739
201409 1.369 100.428 1.764
201412 1.430 99.070 1.868
201503 1.439 99.621 1.869
201506 1.413 100.684 1.816
201509 1.414 100.392 1.823
201512 1.405 99.792 1.822
201603 1.394 100.470 1.796
201606 1.409 101.688 1.793
201609 1.389 101.861 1.765
201612 1.313 101.863 1.668
201703 1.312 102.862 1.651
201706 1.287 103.349 1.612
201709 1.237 104.136 1.537
201712 1.135 104.011 1.412
201803 1.154 105.290 1.418
201806 1.129 106.317 1.374
201809 0.771 106.507 0.937
201812 0.741 105.998 0.905
201903 0.724 107.251 0.874
201906 0.710 108.070 0.850
201909 0.670 108.329 0.800
201912 0.660 108.420 0.788
202003 0.667 108.902 0.793
202006 0.557 108.767 0.663
202009 0.546 109.815 0.643
202012 0.605 109.897 0.712
202103 0.642 111.754 0.743
202106 0.639 114.631 0.721
202109 0.634 115.734 0.709
202112 0.635 117.630 0.699
202203 0.630 121.301 0.672
202206 0.655 125.017 0.678
202209 0.648 125.227 0.670
202212 0.647 125.222 0.669
202303 0.659 127.348 0.670
202306 0.660 128.729 0.664
202309 0.691 129.860 0.689
202312 0.596 129.419 0.596

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.


SITE Centers  (NYSE:SITC) 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.


SITE Centers Cyclically Adjusted PS Ratio Related Terms

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


SITE Centers (SITE Centers) Business Description

Industry
Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.
Executives
John M Cattonar officer: EVP & Chief Investment Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes director, officer: President & CEO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy officer: Sr. V.P. & Chief Acct. Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor officer: EVP, CFO & Treasurer 3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: EVP & COO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern director 1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne director C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston director 3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower officer: EVP, CFO & Treasurer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236