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Pillarstone Capital REIT (Pillarstone Capital REIT) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Pillarstone Capital REIT Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pillarstone Capital REIT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF 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.

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Pillarstone Capital REIT Cyclically Adjusted Price-to-FCF Chart

Pillarstone Capital REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Pillarstone Capital REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF falls into.



Pillarstone Capital REIT Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Pillarstone Capital REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Pillarstone Capital REIT's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=1.461/125.0168*125.0168
=1.461

Current CPI (Jun. 2022) = 125.0168.

Pillarstone Capital REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 -0.040 97.633 -0.051
201212 -0.042 96.871 -0.054
201303 -0.020 98.209 -0.025
201306 -0.052 98.518 -0.066
201309 -0.012 98.790 -0.015
201312 -0.059 98.326 -0.075
201403 -0.044 99.695 -0.055
201406 -0.032 100.560 -0.040
201409 -0.020 100.428 -0.025
201412 -0.044 99.070 -0.056
201503 -0.042 99.621 -0.053
201506 -0.025 100.684 -0.031
201509 -0.005 100.392 -0.006
201512 -0.062 99.792 -0.078
201603 -0.084 100.470 -0.105
201606 -0.116 101.688 -0.143
201609 -0.089 101.861 -0.109
201612 -0.558 101.863 -0.685
201703 1.625 102.862 1.975
201706 0.840 103.349 1.016
201709 0.446 104.136 0.535
201712 0.476 104.011 0.572
201803 0.345 105.290 0.410
201806 0.325 106.317 0.382
201809 1.519 106.507 1.783
201812 0.747 105.998 0.881
201903 0.471 107.251 0.549
201906 0.301 108.070 0.348
201909 0.485 108.329 0.560
201912 0.251 108.420 0.289
202003 -0.178 108.902 -0.204
202006 2.442 108.767 2.807
202009 1.701 109.815 1.936
202012 1.319 109.897 1.500
202103 -0.434 111.754 -0.486
202106 0.936 114.631 1.021
202109 1.314 115.734 1.419
202112 0.501 117.630 0.532
202203 -0.536 121.301 -0.552
202206 1.461 125.017 1.461

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Pillarstone Capital REIT  (OTCPK:PRLEQ) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Pillarstone Capital REIT Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Pillarstone Capital REIT's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Pillarstone Capital REIT (Pillarstone Capital REIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 555, Houston, TX, USA, 77063
Pillarstone Capital REIT is a real estate investment trust. It is engaged in the business activity of investing, owning, and operating non-retail, commercial, and residential real estate properties. The company's property portfolio includes Corporate Park Northwest, Corporate Park West, Corporate Park Woodland, Holly Hall, Holly Knight, and Uptown Tower among others located in Houston and Dallas, Texas.
Executives
Paul T Lambert director, 10 percent owner
Dennis Chookaszian director 20 S. WACKER DR., CHICAGO IL 60626
Kathy M Jassem director C/O PILLARSTONE CAPITAL REIT, 2600 S. GESSNER RD., SUITE 555, HOUSTON TX 77063
Mark Schurgin 10 percent owner 9841 AIRPORT BOULEVARD, SUITE 700, LOS ANGELES CA 90045
Jack R Kuhn officer: Senior Vice President 1240 HURON ROAD, SUITE 301, CLEVELAND OH 44115
Paragon Real Estate Development Llc 10 percent owner
Daniel G Devos director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Michael T Oliver director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Steven B Hoyt 10 percent owner 2865 LITTLE ORCHARD WAY, ORONO MN 55391
James C Mastandrea director, 10 percent owner, officer: Chairman, CEO and President 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
John J Dee officer: Senior Vice President
Daryl J Carter director CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612
Steven M Edelman officer: Chief Investment Officer
Duane H Lund director, officer: Vice President

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