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Allied Properties Real Estate Investment Trust (Allied Properties Real Estate Investment Trust) Cyclically Adjusted PS Ratio : 3.16 (As of Apr. 28, 2024)


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What is Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Allied Properties Real Estate Investment Trust's current share price is $12.53. Allied Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.97. Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 3.16.

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

APYRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.01   Med: 7.71   Max: 11.99
Current: 3.26

During the past years, Allied Properties Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 11.99. The lowest was 3.01. And the median was 7.71.

APYRF's Cyclically Adjusted PS Ratio is ranked better than
67.14% of 490 companies
in the REITs industry
Industry Median: 4.995 vs APYRF: 3.26

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.

Allied Properties Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.879. 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 $3.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allied Properties 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.

Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Allied Properties 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 10.48 7.69 8.72 4.93 3.84

Allied Properties Real Estate Investment Trust 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 4.93 4.65 4.12 3.40 3.84

Competitive Comparison of Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Allied Properties 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.


Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Allied Properties 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.

Allied Properties 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
=12.53/3.97
=3.16

* 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Allied Properties Real Estate Investment Trust'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)
=0.879/125.4675*125.4675
=0.879

Current CPI (Dec. 2023) = 125.4675.

Allied Properties Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.075 98.604 1.368
201406 1.069 99.473 1.348
201409 1.092 99.394 1.378
201412 1.022 98.367 1.304
201503 0.923 99.789 1.161
201506 0.946 100.500 1.181
201509 0.877 100.421 1.096
201512 0.875 99.947 1.098
201603 0.903 101.054 1.121
201606 0.933 102.002 1.148
201609 0.904 101.765 1.115
201612 0.923 101.449 1.142
201703 0.899 102.634 1.099
201706 0.912 103.029 1.111
201709 0.973 103.345 1.181
201712 0.906 103.345 1.100
201803 0.888 105.004 1.061
201806 0.868 105.557 1.032
201809 0.835 105.636 0.992
201812 0.807 105.399 0.961
201903 0.825 106.979 0.968
201906 0.801 107.690 0.933
201909 0.924 107.611 1.077
201912 1.058 107.769 1.232
202003 0.808 107.927 0.939
202006 0.818 108.401 0.947
202009 0.849 108.164 0.985
202012 0.890 108.559 1.029
202103 0.880 110.298 1.001
202106 0.890 111.720 1.000
202109 0.883 112.905 0.981
202112 0.310 113.774 0.342
202203 0.745 117.646 0.795
202206 0.798 120.806 0.829
202209 0.772 120.648 0.803
202212 0.782 120.964 0.811
202303 0.724 122.702 0.740
202306 0.801 124.203 0.809
202309 0.800 125.230 0.802
202312 0.879 125.468 0.879

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.


Allied Properties Real Estate Investment Trust  (OTCPK:APYRF) 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.


Allied Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


Allied Properties Real Estate Investment Trust (Allied Properties Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

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