GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (NYSE:SUI) » Definitions » Cyclically Adjusted PS Ratio

SUI (Sun Communities) Cyclically Adjusted PS Ratio : 5.96 (As of May. 25, 2025)


View and export this data going back to 1993. Start your Free Trial

What is Sun Communities Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Sun Communities's current share price is $119.93. Sun Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $20.13. Sun Communities's Cyclically Adjusted PS Ratio for today is 5.96.

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

SUI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.51   Med: 7.26   Max: 14.44
Current: 5.96

During the past years, Sun Communities's highest Cyclically Adjusted PS Ratio was 14.44. The lowest was 4.51. And the median was 7.26.

SUI's Cyclically Adjusted PS Ratio is ranked worse than
55.56% of 513 companies
in the REITs industry
Industry Median: 5.33 vs SUI: 5.96

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.

Sun Communities's adjusted revenue per share data for the three months ended in Mar. 2025 was $3.589. 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 $20.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Communities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sun Communities'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.

Sun Communities Cyclically Adjusted PS Ratio Chart

Sun Communities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.10 13.93 8.45 7.24 6.18

Sun Communities Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.84 6.26 6.88 6.18 6.39

Competitive Comparison of Sun Communities's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Sun Communities'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.


Sun Communities's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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


;
;

Sun Communities 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.

Sun Communities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.93/20.13
=5.96

* 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.

Sun Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Sun Communities's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.589/134.9266*134.9266
=3.589

Current CPI (Mar. 2025) = 134.9266.

Sun Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.044 100.684 4.079
201509 3.380 100.392 4.543
201512 2.922 99.792 3.951
201603 2.937 100.470 3.944
201606 2.874 101.688 3.813
201609 3.547 101.861 4.698
201612 2.936 101.863 3.889
201703 3.142 102.862 4.121
201706 3.098 103.349 4.045
201709 3.329 104.136 4.313
201712 2.982 104.011 3.868
201803 3.180 105.290 4.075
201806 3.322 106.317 4.216
201809 3.876 106.507 4.910
201812 3.054 105.998 3.887
201903 3.284 107.251 4.131
201906 3.512 108.070 4.385
201909 3.960 108.329 4.932
201912 3.204 108.420 3.987
202003 3.332 108.902 4.128
202006 3.136 108.767 3.890
202009 4.079 109.815 5.012
202012 3.661 109.897 4.495
202103 4.061 111.754 4.903
202106 5.362 114.631 6.311
202109 5.772 115.734 6.729
202112 4.580 117.630 5.253
202203 4.674 121.301 5.199
202206 6.725 125.017 7.258
202209 7.503 125.227 8.084
202212 5.277 125.222 5.686
202303 5.070 127.348 5.372
202306 6.736 128.729 7.060
202309 7.839 129.860 8.145
202312 5.831 129.419 6.079
202403 3.671 131.776 3.759
202406 6.942 132.554 7.066
202409 7.535 133.029 7.642
202412 5.728 133.157 5.804
202503 3.589 134.927 3.589

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.


Sun Communities  (NYSE:SUI) 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.


Sun Communities Cyclically Adjusted PS Ratio Related Terms

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


Sun Communities Business Description

Industry
Traded in Other Exchanges
Address
27777 Franklin Road, Suite 300, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 645 properties, which includes 341 manufactured housing communities, 166 residential vehicle communities, and 138 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Executives
Baxter Underwood officer: CEO - Safe Harbor Marinas, LLC 14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254
Clunet R Lewis director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Marc Farrugia officer: EVP & Chief Admin. Officer 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Jeff Blau director
Bruce Thelen officer: EVP 27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034
Fernando Castro-caratini officer: EVP, CFO, Sec. & Treas. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
John Bandini Mclaren officer: EVP & CFO 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Stephanie W Bergeron director 27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034
Aaron Weiss officer: EVP, Corp. Strat. & Bus. Dev. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Gary A Shiffman director, officer: Chrmn and CEO 27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034
Karen Dearing officer: EVP, CFO, Sec. & Treasurer 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Tonya Allen director 2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034
Jonathan Colman officer: EVP 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Ronald A Klein director 235 EAST MAIN STREET, MIDLAND MI 48640
Brian M Hermelin director 2064 D STREET, BELLEVILLE MI 48111