GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NTT UD Reit Investment Corp (TSE:8956) » Definitions » Cyclically Adjusted PS Ratio

NTT UD Reit Investment (TSE:8956) Cyclically Adjusted PS Ratio : 7.82 (As of May. 27, 2024)


View and export this data going back to 2002. Start your Free Trial

What is NTT UD Reit Investment Cyclically Adjusted PS Ratio?

As of today (2024-05-27), NTT UD Reit Investment's current share price is 円119600.00. NTT UD Reit Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 was 円15,286.30. NTT UD Reit Investment's Cyclically Adjusted PS Ratio for today is 7.82.

The historical rank and industry rank for NTT UD Reit Investment's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8956' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.47   Med: 9.28   Max: 12.48
Current: 7.85

During the past 13 years, NTT UD Reit Investment's highest Cyclically Adjusted PS Ratio was 12.48. The lowest was 5.47. And the median was 9.28.

TSE:8956's Cyclically Adjusted PS Ratio is ranked worse than
70.41% of 490 companies
in the REITs industry
Industry Median: 4.985 vs TSE:8956: 7.85

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.

NTT UD Reit Investment's adjusted revenue per share data of for the fiscal year that ended in Oct23 was 円17,495.413. 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 円15,286.30 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NTT UD Reit Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment Cyclically Adjusted PS Ratio Chart

NTT UD Reit Investment 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 11.79 8.47 11.04 10.06 8.16

NTT UD Reit Investment 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 11.04 - 10.06 - 8.16

Competitive Comparison of NTT UD Reit Investment's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, NTT UD Reit Investment'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.


NTT UD Reit Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's Cyclically Adjusted PS Ratio falls into.



NTT UD Reit Investment 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.

NTT UD Reit Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119600.00/15286.3
=7.82

* 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.

NTT UD Reit Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 is calculated as:

For example, NTT UD Reit Investment'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)
=17495.413/107.1000*107.1000
=17,495.413

Current CPI (Oct23) = 107.1000.

NTT UD Reit Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201410 12,376.305 98.200 13,497.986
201510 12,272.019 98.500 13,343.485
201610 12,541.725 98.600 13,622.908
201710 12,974.767 98.800 14,064.752
201810 13,875.745 100.200 14,831.260
201910 14,593.678 100.400 15,567.559
202010 14,214.474 99.800 15,254.210
202110 16,861.737 99.900 18,076.997
202210 16,565.410 103.700 17,108.538
202310 17,495.413 107.100 17,495.413

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.


NTT UD Reit Investment  (TSE:8956) 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.


NTT UD Reit Investment Cyclically Adjusted PS Ratio Related Terms

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


NTT UD Reit Investment (TSE:8956) Business Description

Traded in Other Exchanges
N/A
Address
1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

NTT UD Reit Investment (TSE:8956) Headlines

No Headlines