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Easterly Government Properties (STU:E05) Cyclically Adjusted PS Ratio : 3.50 (As of Jun. 20, 2024)


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What is Easterly Government Properties Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Easterly Government Properties's current share price is €11.31. Easterly Government Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.23. Easterly Government Properties's Cyclically Adjusted PS Ratio for today is 3.50.

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

STU:E05' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.12   Med: 3.76   Max: 4.51
Current: 3.51

During the past years, Easterly Government Properties's highest Cyclically Adjusted PS Ratio was 4.51. The lowest was 3.12. And the median was 3.76.

STU:E05's Cyclically Adjusted PS Ratio is ranked better than
64.71% of 493 companies
in the REITs industry
Industry Median: 4.83 vs STU:E05: 3.51

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.

Easterly Government Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.655. 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 €3.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Easterly Government Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Easterly Government Properties'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.

Easterly Government Properties Cyclically Adjusted PS Ratio Chart

Easterly Government Properties 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 - - - - 3.97

Easterly Government Properties 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 4.17 4.36 3.42 3.97 3.28

Competitive Comparison of Easterly Government Properties's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Easterly Government Properties'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.


Easterly Government Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Easterly Government Properties's Cyclically Adjusted PS Ratio falls into.



Easterly Government Properties 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.

Easterly Government Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.31/3.23
=3.50

* 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.

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

For example, Easterly Government Properties'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)
=0.655/131.7762*131.7762
=0.655

Current CPI (Mar. 2024) = 131.7762.

Easterly Government Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.054 100.560 0.071
201409 0.065 100.428 0.085
201412 0.058 99.070 0.077
201503 0.709 99.621 0.938
201506 0.675 100.684 0.883
201509 0.702 100.392 0.921
201512 0.842 99.792 1.112
201603 0.836 100.470 1.096
201606 0.758 101.688 0.982
201609 0.651 101.861 0.842
201612 0.730 101.863 0.944
201703 0.714 102.862 0.915
201706 0.684 103.349 0.872
201709 0.678 104.136 0.858
201712 0.664 104.011 0.841
201803 0.634 105.290 0.793
201806 0.644 106.317 0.798
201809 0.545 106.507 0.674
201812 0.684 105.998 0.850
201903 0.732 107.251 0.899
201906 0.682 108.070 0.832
201909 0.728 108.329 0.886
201912 0.731 108.420 0.888
202003 0.697 108.902 0.843
202006 0.699 108.767 0.847
202009 0.641 109.815 0.769
202012 0.654 109.897 0.784
202103 0.661 111.754 0.779
202106 0.676 114.631 0.777
202109 0.700 115.734 0.797
202112 0.727 117.630 0.814
202203 0.725 121.301 0.788
202206 0.756 125.017 0.797
202209 0.832 125.227 0.876
202212 0.761 125.222 0.801
202303 0.728 127.348 0.753
202306 0.704 128.729 0.721
202309 0.719 129.860 0.730
202312 0.670 129.419 0.682
202403 0.655 131.776 0.655

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.


Easterly Government Properties  (STU:E05) 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.


Easterly Government Properties Cyclically Adjusted PS Ratio Related Terms

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


Easterly Government Properties (STU:E05) Business Description

Traded in Other Exchanges
Address
2001 K Street NW, Suite 775, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.

Easterly Government Properties (STU:E05) Headlines

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