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Safestore Holdings (STU:IHF) Cyclically Adjusted PS Ratio : 10.48 (As of May. 17, 2024)


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What is Safestore Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Safestore Holdings's current share price is €9.75. Safestore Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 was €0.93. Safestore Holdings's Cyclically Adjusted PS Ratio for today is 10.48.

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

STU:IHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.24   Med: 10.11   Max: 21.03
Current: 9.61

During the past 13 years, Safestore Holdings's highest Cyclically Adjusted PS Ratio was 21.03. The lowest was 4.24. And the median was 10.11.

STU:IHF's Cyclically Adjusted PS Ratio is ranked worse than
80.82% of 490 companies
in the REITs industry
Industry Median: 4.975 vs STU:IHF: 9.61

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.

Safestore Holdings's adjusted revenue per share data of for the fiscal year that ended in Oct23 was €1.180. 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 €0.93 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safestore Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Cyclically Adjusted PS Ratio Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.71 12.89 17.88 11.97 8.15

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 17.88 - 11.97 - 8.15

Competitive Comparison of Safestore Holdings's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Safestore Holdings 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.

Safestore Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.75/0.93
=10.48

* 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.

Safestore Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Safestore Holdings's adjusted Revenue per Share data for the fiscal year that ended in Oct23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=1.18/130.2000*130.2000
=1.180

Current CPI (Oct23) = 130.2000.

Safestore Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201410 0.610 100.100 0.793
201510 0.685 100.300 0.889
201610 0.616 101.600 0.789
201710 0.695 104.400 0.867
201810 0.773 106.700 0.943
201910 0.824 108.300 0.991
202010 0.846 109.200 1.009
202110 1.010 113.400 1.160
202210 1.117 124.300 1.170
202310 1.180 130.200 1.180

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.


Safestore Holdings  (STU:IHF) 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.


Safestore Holdings Cyclically Adjusted PS Ratio Related Terms

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


Safestore Holdings (STU:IHF) Business Description

Industry
Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.