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American Hotelome Properties REIT LP (TSX:HOT.U) Cyclically Adjusted PS Ratio : 0.12 (As of May. 01, 2024)


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What is American Hotelome Properties REIT LP Cyclically Adjusted PS Ratio?

As of today (2024-05-01), American Hotelome Properties REIT LP's current share price is $0.495. American Hotelome Properties REIT LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.26. American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio for today is 0.12.

The historical rank and industry rank for American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:HOT.U' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.41   Max: 0.51
Current: 0.12

During the past years, American Hotelome Properties REIT LP's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.10. And the median was 0.41.

TSX:HOT.U's Cyclically Adjusted PS Ratio is ranked better than
98.57% of 491 companies
in the REITs industry
Industry Median: 5 vs TSX:HOT.U: 0.12

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.

American Hotelome Properties REIT LP's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.834. 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 $4.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Hotelome Properties REIT LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Hotelome Properties REIT LP'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.

American Hotelome Properties REIT LP Cyclically Adjusted PS Ratio Chart

American Hotelome Properties REIT LP 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 - - - 0.49 0.15

American Hotelome Properties REIT LP 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 0.49 0.43 0.41 0.30 0.15

Competitive Comparison of American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, American Hotelome Properties REIT LP'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.


American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio falls into.



American Hotelome Properties REIT LP 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.

American Hotelome Properties REIT LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.495/4.26
=0.12

* 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.

American Hotelome Properties REIT LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American Hotelome Properties REIT LP'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)
=0.834/125.4675*125.4675
=0.834

Current CPI (Dec. 2023) = 125.4675.

American Hotelome Properties REIT LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.193 98.604 1.518
201406 1.407 99.473 1.775
201409 1.309 99.394 1.652
201412 1.206 98.367 1.538
201503 1.211 99.789 1.523
201506 1.187 100.500 1.482
201509 1.227 100.421 1.533
201512 1.138 99.947 1.429
201603 1.148 101.054 1.425
201606 1.268 102.002 1.560
201609 1.048 101.765 1.292
201612 0.955 101.449 1.181
201703 1.053 102.634 1.287
201706 1.093 103.029 1.331
201709 1.154 103.345 1.401
201712 1.052 103.345 1.277
201803 1.037 105.004 1.239
201806 1.149 105.557 1.366
201809 0.876 105.636 1.040
201812 0.790 105.399 0.940
201903 0.813 106.979 0.954
201906 0.917 107.690 1.068
201909 0.886 107.611 1.033
201912 0.830 107.769 0.966
202003 0.791 107.927 0.920
202006 0.347 108.401 0.402
202009 0.588 108.164 0.682
202012 0.503 108.559 0.581
202103 0.593 110.298 0.675
202106 0.792 111.720 0.889
202109 0.806 112.905 0.896
202112 0.791 113.774 0.872
202203 0.779 117.646 0.831
202206 0.847 120.806 0.880
202209 0.960 120.648 0.998
202212 0.854 120.964 0.886
202303 0.825 122.702 0.844
202306 0.842 124.203 0.851
202309 0.925 125.230 0.927
202312 0.834 125.468 0.834

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.


American Hotelome Properties REIT LP  (TSX:HOT.U) 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.


American Hotelome Properties REIT LP Cyclically Adjusted PS Ratio Related Terms

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


American Hotelome Properties REIT LP (TSX:HOT.U) Business Description

Traded in Other Exchanges
Address
800 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

American Hotelome Properties REIT LP (TSX:HOT.U) Headlines

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