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Altus Group (Altus Group) Cyclically Adjusted PS Ratio : 3.16 (As of Apr. 28, 2024)


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What is Altus Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Altus Group's current share price is $37.925. Altus Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.02. Altus Group's Cyclically Adjusted PS Ratio for today is 3.16.

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

ASGTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.81   Max: 5.32
Current: 3.23

During the past years, Altus Group's highest Cyclically Adjusted PS Ratio was 5.32. The lowest was 1.48. And the median was 2.81.

ASGTF's Cyclically Adjusted PS Ratio is ranked worse than
66.67% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs ASGTF: 3.23

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.

Altus Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.106. 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 $12.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altus Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altus Group'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.

Altus Group Cyclically Adjusted PS Ratio Chart

Altus Group 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 2.97 3.78 5.18 3.66 2.69

Altus Group 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 3.66 3.79 2.85 3.02 2.69

Competitive Comparison of Altus Group's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Altus Group'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.


Altus Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Altus Group's Cyclically Adjusted PS Ratio falls into.



Altus Group 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.

Altus Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.925/12.02
=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.

Altus Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Altus Group'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)
=3.106/125.4675*125.4675
=3.106

Current CPI (Dec. 2023) = 125.4675.

Altus Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.095 98.604 2.666
201406 2.702 99.473 3.408
201409 2.382 99.394 3.007
201412 2.464 98.367 3.143
201503 2.388 99.789 3.002
201506 2.587 100.500 3.230
201509 2.338 100.421 2.921
201512 2.234 99.947 2.804
201603 2.208 101.054 2.741
201606 2.243 102.002 2.759
201609 2.294 101.765 2.828
201612 2.269 101.449 2.806
201703 2.162 102.634 2.643
201706 2.492 103.029 3.035
201709 2.453 103.345 2.978
201712 2.438 103.345 2.960
201803 2.504 105.004 2.992
201806 2.616 105.557 3.109
201809 2.381 105.636 2.828
201812 2.500 105.399 2.976
201903 2.231 106.979 2.617
201906 2.708 107.690 3.155
201909 2.369 107.611 2.762
201912 2.579 107.769 3.003
202003 2.301 107.927 2.675
202006 3.210 108.401 3.715
202009 2.467 108.164 2.862
202012 2.625 108.559 3.034
202103 2.621 110.298 2.981
202106 3.372 111.720 3.787
202109 2.911 112.905 3.235
202112 2.789 113.774 3.076
202203 2.997 117.646 3.196
202206 3.568 120.806 3.706
202209 2.935 120.648 3.052
202212 2.989 120.964 3.100
202303 3.098 122.702 3.168
202306 3.371 124.203 3.405
202309 2.982 125.230 2.988
202312 3.106 125.468 3.106

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.


Altus Group  (OTCPK:ASGTF) 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.


Altus Group Cyclically Adjusted PS Ratio Related Terms

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


Altus Group (Altus Group) Business Description

Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.

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