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DREAM Unlimited (TSX:DRM) Cyclically Adjusted PS Ratio : 2.05 (As of May. 14, 2024)


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What is DREAM Unlimited Cyclically Adjusted PS Ratio?

As of today (2024-05-14), DREAM Unlimited's current share price is C$19.03. DREAM Unlimited's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$9.28. DREAM Unlimited's Cyclically Adjusted PS Ratio for today is 2.05.

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

TSX:DRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 2.46   Max: 4.93
Current: 2.05

During the past years, DREAM Unlimited's highest Cyclically Adjusted PS Ratio was 4.93. The lowest was 1.78. And the median was 2.46.

TSX:DRM's Cyclically Adjusted PS Ratio is ranked worse than
53.87% of 1368 companies
in the Real Estate industry
Industry Median: 1.745 vs TSX:DRM: 2.05

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.

DREAM Unlimited's adjusted revenue per share data for the three months ended in Dec. 2023 was C$2.544. 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 C$9.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DREAM Unlimited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DREAM Unlimited'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.

DREAM Unlimited Cyclically Adjusted PS Ratio Chart

DREAM Unlimited 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 - - - 2.61 2.44

DREAM Unlimited 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 2.61 2.46 2.16 1.93 2.44

Competitive Comparison of DREAM Unlimited's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, DREAM Unlimited'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.


DREAM Unlimited's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



DREAM Unlimited 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.

DREAM Unlimited's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.03/9.28
=2.05

* 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.

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

For example, DREAM Unlimited'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)
=2.544/125.4675*125.4675
=2.544

Current CPI (Dec. 2023) = 125.4675.

DREAM Unlimited Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.216 98.604 2.820
201406 2.546 99.473 3.211
201409 1.956 99.394 2.469
201412 2.614 98.367 3.334
201503 1.155 99.789 1.452
201506 1.574 100.500 1.965
201509 3.097 100.421 3.869
201512 2.104 99.947 2.641
201603 2.458 101.054 3.052
201606 2.344 102.002 2.883
201609 1.286 101.765 1.586
201612 2.029 101.449 2.509
201703 1.275 102.634 1.559
201706 0.964 103.029 1.174
201709 2.031 103.345 2.466
201712 2.577 103.345 3.129
201803 1.057 105.004 1.263
201806 1.134 105.557 1.348
201809 1.185 105.636 1.407
201812 2.691 105.399 3.203
201903 1.063 106.979 1.247
201906 1.424 107.690 1.659
201909 1.163 107.611 1.356
201912 6.443 107.769 7.501
202003 3.533 107.927 4.107
202006 1.285 108.401 1.487
202009 1.293 108.164 1.500
202012 1.043 108.559 1.205
202103 1.130 110.298 1.285
202106 1.818 111.720 2.042
202109 1.030 112.905 1.145
202112 3.394 113.774 3.743
202203 1.209 117.646 1.289
202206 1.538 120.806 1.597
202209 1.254 120.648 1.304
202212 3.816 120.964 3.958
202303 1.636 122.702 1.673
202306 1.738 124.203 1.756
202309 3.006 125.230 3.012
202312 2.544 125.468 2.544

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.


DREAM Unlimited  (TSX:DRM) 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.


DREAM Unlimited Cyclically Adjusted PS Ratio Related Terms

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


DREAM Unlimited (TSX:DRM) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
DREAM Unlimited Corp is a real estate company. The company's divisions include Asset management; Stabilized income generating assets; Urban development - Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.

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