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Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Cyclically Adjusted PS Ratio : 5.39 (As of Jan. 19, 2025)


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What is Killam Apartment Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Killam Apartment Real Estate Investment Trust's current share price is C$16.77. Killam Apartment Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was C$3.11. Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 5.39.

The historical rank and industry rank for Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:KMP.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.36   Med: 5.83   Max: 8.52
Current: 5.39

During the past years, Killam Apartment Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 8.52. The lowest was 3.36. And the median was 5.83.

TSX:KMP.UN's Cyclically Adjusted PS Ratio is ranked worse than
51.07% of 515 companies
in the REITs industry
Industry Median: 5.29 vs TSX:KMP.UN: 5.39

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.

Killam Apartment Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Sep. 2024 was C$0.786. 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$3.11 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Killam Apartment Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Killam Apartment Real Estate Investment Trust'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.

Killam Apartment Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Killam Apartment Real Estate Investment Trust 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 7.02 6.40 8.51 5.51 5.89

Killam Apartment Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.72 5.89 6.03 5.47 6.74

Competitive Comparison of Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Killam Apartment Real Estate Investment Trust'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.


Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Killam Apartment Real Estate Investment Trust 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.

Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.77/3.11
=5.39

* 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.

Killam Apartment Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Killam Apartment Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.786/127.2847*127.2847
=0.786

Current CPI (Sep. 2024) = 127.2847.

Killam Apartment Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.563 98.367 0.729
201503 0.639 99.789 0.815
201506 0.666 100.500 0.843
201509 0.689 100.421 0.873
201512 0.675 99.947 0.860
201603 0.724 101.054 0.912
201606 0.658 102.002 0.821
201609 0.667 101.765 0.834
201612 0.650 101.449 0.816
201703 0.597 102.634 0.740
201706 0.617 103.029 0.762
201709 0.651 103.345 0.802
201712 0.603 103.345 0.743
201803 0.611 105.004 0.741
201806 0.623 105.557 0.751
201809 0.651 105.636 0.784
201812 0.674 105.399 0.814
201903 0.626 106.979 0.745
201906 0.646 107.690 0.764
201909 0.686 107.611 0.811
201912 0.646 107.769 0.763
202003 0.644 107.927 0.760
202006 0.659 108.401 0.774
202009 0.648 108.164 0.763
202012 0.648 108.559 0.760
202103 0.650 110.298 0.750
202106 0.640 111.720 0.729
202109 0.692 112.905 0.780
202112 0.696 113.774 0.779
202203 0.670 117.646 0.725
202206 0.703 120.806 0.741
202209 0.733 120.648 0.773
202212 0.724 120.964 0.762
202303 0.724 122.702 0.751
202306 0.739 124.203 0.757
202309 0.759 125.230 0.771
202312 0.734 125.072 0.747
202403 0.737 126.258 0.743
202406 0.763 127.522 0.762
202409 0.786 127.285 0.786

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.


Killam Apartment Real Estate Investment Trust  (TSX:KMP.UN) 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.


Killam Apartment Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Killam Apartment Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8
Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHCs), and commercial properties in Canada. It has three operating segments, Apartment segment, MHC segment, and Commercial segment. The apartment segment acquires, operates, manages, and develops multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment includes eight commercial properties.

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