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CapitaLand India Trust (CapitaLand India Trust) Cyclically Adjusted PS Ratio : 5.59 (As of May. 15, 2024)


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What is CapitaLand India Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-15), CapitaLand India Trust's current share price is $0.78265. CapitaLand India Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $0.14. CapitaLand India Trust's Cyclically Adjusted PS Ratio for today is 5.59.

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

ACNDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.93   Med: 6.73   Max: 10.39
Current: 5.29

During the past 13 years, CapitaLand India Trust's highest Cyclically Adjusted PS Ratio was 10.39. The lowest was 4.93. And the median was 6.73.

ACNDF's Cyclically Adjusted PS Ratio is ranked worse than
77.92% of 1368 companies
in the Real Estate industry
Industry Median: 1.75 vs ACNDF: 5.29

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.

CapitaLand India Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.141. 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 $0.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand India Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CapitaLand India 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.

CapitaLand India Trust Cyclically Adjusted PS Ratio Chart

CapitaLand India Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 7.95 7.71 5.86 5.80

CapitaLand India Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 7.71 - 5.86 - 5.80

Competitive Comparison of CapitaLand India Trust's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, CapitaLand India 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.


CapitaLand India Trust's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where CapitaLand India Trust's Cyclically Adjusted PS Ratio falls into.



CapitaLand India 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.

CapitaLand India Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.78265/0.14
=5.59

* 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.

CapitaLand India Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CapitaLand India Trust's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.141/129.4194*129.4194
=0.141

Current CPI (Dec23) = 129.4194.

CapitaLand India Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.103 99.695 0.134
201503 0.101 99.621 0.131
201603 0.113 100.470 0.146
201703 0.119 102.862 0.150
201803 0.150 105.290 0.184
201903 0.129 107.251 0.156
202012 0.125 109.897 0.147
202112 0.122 117.630 0.134
202212 0.135 125.222 0.140
202312 0.141 129.419 0.141

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.


CapitaLand India Trust  (OTCPK:ACNDF) 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.


CapitaLand India Trust Cyclically Adjusted PS Ratio Related Terms

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


CapitaLand India Trust (CapitaLand India Trust) Business Description

Traded in Other Exchanges
Address
No. 30-01, 168 Robinson Road, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that obtains portfolio returns for unitholders by investing in information technology, or IT, parks, and office properties in major Indian cities. Group revenue is derived primarily from corporate tenants. The company focuses on the purchase and development of properties to be used primarily for business space. A-iTrust may also purchase, hold and develop land or uncompleted developments to be used for business space to hold the properties upon completion. A-iTrust is positioned to capitalize on the IT and business process management industries in India.