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Firm Capital Apartment REIT (TSXV:FCA.UN) Cyclically Adjusted PS Ratio : 3.03 (As of Jun. 04, 2025)


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What is Firm Capital Apartment REIT Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Firm Capital Apartment REIT's current share price is C$4.75. Firm Capital Apartment REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was C$1.57. Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio for today is 3.03.

The historical rank and industry rank for Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSXV:FCA.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 3.88   Max: 11.04
Current: 3.03

During the past years, Firm Capital Apartment REIT's highest Cyclically Adjusted PS Ratio was 11.04. The lowest was 1.37. And the median was 3.88.

TSXV:FCA.UN's Cyclically Adjusted PS Ratio is ranked better than
72.51% of 513 companies
in the REITs industry
Industry Median: 5.33 vs TSXV:FCA.UN: 3.03

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.

Firm Capital Apartment REIT's adjusted revenue per share data for the three months ended in Mar. 2025 was C$0.290. 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$1.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firm Capital Apartment REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Firm Capital Apartment REIT'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.

Firm Capital Apartment REIT Cyclically Adjusted PS Ratio Chart

Firm Capital Apartment REIT 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 3.36 4.29 2.28 1.60 2.98

Firm Capital Apartment REIT 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 2.47 2.66 2.85 2.98 2.79

Competitive Comparison of Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Firm Capital Apartment REIT'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.


Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio falls into.


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Firm Capital Apartment REIT 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.

Firm Capital Apartment REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.75/1.57
=3.03

* 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.

Firm Capital Apartment REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Firm Capital Apartment REIT'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)
=0.29/129.1809*129.1809
=0.290

Current CPI (Mar. 2025) = 129.1809.

Firm Capital Apartment REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.130 100.500 1.452
201509 1.187 100.421 1.527
201512 -1.520 99.947 -1.965
201603 0.670 101.054 0.856
201606 0.628 102.002 0.795
201609 0.643 101.765 0.816
201612 0.881 101.449 1.122
201703 0.320 102.634 0.403
201706 0.300 103.029 0.376
201709 0.202 103.345 0.253
201712 0.199 103.345 0.249
201803 0.165 105.004 0.203
201806 0.177 105.557 0.217
201809 0.217 105.636 0.265
201812 0.206 105.399 0.252
201903 0.206 106.979 0.249
201906 0.205 107.690 0.246
201909 0.207 107.611 0.248
201912 0.203 107.769 0.243
202003 0.175 107.927 0.209
202006 0.166 108.401 0.198
202009 0.168 108.164 0.201
202012 0.173 108.559 0.206
202103 0.172 110.298 0.201
202106 0.205 111.720 0.237
202109 0.297 112.905 0.340
202112 0.295 113.774 0.335
202203 0.341 117.646 0.374
202206 0.514 120.806 0.550
202209 0.565 120.648 0.605
202212 0.584 120.964 0.624
202303 0.629 122.702 0.662
202306 0.596 124.203 0.620
202309 0.498 125.230 0.514
202312 0.379 125.072 0.391
202403 0.421 126.258 0.431
202406 0.377 127.522 0.382
202409 0.286 127.285 0.290
202412 0.211 127.364 0.214
202503 0.290 129.181 0.290

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.


Firm Capital Apartment REIT  (TSXV:FCA.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.


Firm Capital Apartment REIT Cyclically Adjusted PS Ratio Related Terms

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


Firm Capital Apartment REIT Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Apartment REIT is a real estate investment trust that pursues multi-residential income-producing real estate and related debt investments on both a wholly owned and joint venture basis. The Trust generates its revenue from USA. The firm specializes in three investments areas: Mortgage Operations, Real Estate Operations and Special Situation Investments.

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