GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (NYSE:DRH) » Definitions » Cyclically Adjusted PS Ratio

Diamondrock Hospitality Co (Diamondrock Hospitality Co) Cyclically Adjusted PS Ratio : 1.77 (As of May. 15, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Diamondrock Hospitality Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Diamondrock Hospitality Co's current share price is $8.51. Diamondrock Hospitality Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.81. Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio for today is 1.77.

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

DRH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 2.08   Max: 2.69
Current: 1.77

During the past years, Diamondrock Hospitality Co's highest Cyclically Adjusted PS Ratio was 2.69. The lowest was 0.86. And the median was 2.08.

DRH's Cyclically Adjusted PS Ratio is ranked better than
84.66% of 489 companies
in the REITs industry
Industry Median: 4.97 vs DRH: 1.77

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.

Diamondrock Hospitality Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.208. 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 $4.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamondrock Hospitality Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Diamondrock Hospitality Co'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.

Diamondrock Hospitality Co Cyclically Adjusted PS Ratio Chart

Diamondrock Hospitality Co 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 2.44 1.91 2.16 1.75 1.95

Diamondrock Hospitality Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.71 1.67 1.66 1.95 2.00

Competitive Comparison of Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co'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.


Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio falls into.



Diamondrock Hospitality Co 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.

Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.51/4.81
=1.77

* 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.

Diamondrock Hospitality Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Diamondrock Hospitality Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.208/129.4194*129.4194
=1.208

Current CPI (Mar. 2024) = 129.4194.

Diamondrock Hospitality Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.172 100.560 1.508
201409 1.167 100.428 1.504
201412 1.131 99.070 1.477
201503 1.039 99.621 1.350
201506 1.242 100.684 1.596
201509 1.186 100.392 1.529
201512 1.155 99.792 1.498
201603 1.057 100.470 1.362
201606 1.272 101.688 1.619
201609 1.092 101.861 1.387
201612 1.023 101.863 1.300
201703 0.972 102.862 1.223
201706 1.206 103.349 1.510
201709 1.110 104.136 1.380
201712 1.025 104.011 1.275
201803 0.900 105.290 1.106
201806 1.163 106.317 1.416
201809 1.054 106.507 1.281
201812 1.072 105.998 1.309
201903 0.994 107.251 1.199
201906 1.271 108.070 1.522
201909 1.190 108.329 1.422
201912 1.171 108.420 1.398
202003 0.845 108.902 1.004
202006 0.101 108.767 0.120
202009 0.249 109.815 0.293
202012 0.290 109.897 0.342
202103 0.345 111.754 0.400
202106 0.589 114.631 0.665
202109 0.846 115.734 0.946
202112 0.895 117.630 0.985
202203 0.923 121.301 0.985
202206 1.318 125.017 1.364
202209 1.255 125.227 1.297
202212 1.201 125.222 1.241
202303 1.150 127.348 1.169
202306 1.373 128.729 1.380
202309 1.303 129.860 1.299
202312 1.238 129.419 1.238
202403 1.208 129.419 1.208

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.


Diamondrock Hospitality Co  (NYSE:DRH) 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.


Diamondrock Hospitality Co Cyclically Adjusted PS Ratio Related Terms

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


Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Traded in Other Exchanges
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
Executives
Mark W Brugger officer: Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817
Justin L. Leonard officer: EVP & Chief Operating Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
William J Tennis officer: EVP and General Counsel DIAMONDROCK HOSPITALITY COMPANY, 6903 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Tabassum Zalotrawala director 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Briony R. Quinn officer: Chief Accounting Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Troy Furbay officer: Chief Investment Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METGRO CENTER, SUITE 1500, BETHESDA MD 20814
Michael A. Hartmeier director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Jeffrey Donnelly officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Maureen L Mcavey director C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 300, BETHESDA MD 20817
Kathleen Wayton director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Gilbert T Ray director 901 N GLEBE ROAD, ARLINGTON VA 22203
Jay Lecoryelle Johnson officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Thomas G. Healy officer: EVP & Chief Operating Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Sean M Mahoney officer: CAO and Corporate Controller 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
William Joseph Shaw director 6649 WESTWOOD BLVD., ORLANDO FL 32821