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Monmouth Real Estate Investment (Monmouth Real Estate Investment) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Monmouth Real Estate Investment Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Monmouth Real Estate Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Monmouth Real Estate Investment'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.

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Monmouth Real Estate Investment Cyclically Adjusted PS Ratio Chart

Monmouth Real Estate Investment Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted PS Ratio
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Monmouth Real Estate Investment Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Monmouth Real Estate Investment's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Monmouth Real Estate Investment'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.


Monmouth Real Estate Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Monmouth Real Estate Investment 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.

Monmouth Real Estate Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Monmouth Real Estate Investment's adjusted Revenue per Share data for the three months ended in Dec. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.492/117.6295*117.6295
=0.492

Current CPI (Dec. 2021) = 117.6295.

Monmouth Real Estate Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.394 96.783 0.479
201206 0.311 96.819 0.378
201209 0.314 97.633 0.378
201212 0.329 96.871 0.400
201303 0.317 98.209 0.380
201306 0.328 98.518 0.392
201309 0.329 98.790 0.392
201312 0.345 98.326 0.413
201403 0.349 99.695 0.412
201406 0.333 100.560 0.390
201409 0.298 100.428 0.349
201412 0.312 99.070 0.370
201503 0.323 99.621 0.381
201506 0.347 100.684 0.405
201509 0.336 100.392 0.394
201512 0.354 99.792 0.417
201603 0.355 100.470 0.416
201606 0.363 101.688 0.420
201609 0.417 101.861 0.482
201612 0.389 101.863 0.449
201703 0.382 102.862 0.437
201706 0.392 103.349 0.446
201709 0.445 104.136 0.503
201712 0.440 104.011 0.498
201803 0.439 105.290 0.490
201806 0.437 106.317 0.483
201809 0.407 106.507 0.450
201812 0.422 105.998 0.468
201903 0.412 107.251 0.452
201906 0.408 108.070 0.444
201909 0.414 108.329 0.450
201912 0.430 108.420 0.467
202003 0.426 108.902 0.460
202006 0.426 108.767 0.461
202009 0.427 109.815 0.457
202012 0.448 109.897 0.480
202103 0.471 111.754 0.496
202106 0.467 114.631 0.479
202109 0.475 115.734 0.483
202112 0.492 117.630 0.492

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.


Monmouth Real Estate Investment  (NYSE:MNR) 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.


Monmouth Real Estate Investment Cyclically Adjusted PS Ratio Related Terms

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Monmouth Real Estate Investment (Monmouth Real Estate Investment) Business Description

Traded in Other Exchanges
N/A
Address
101 Crawfords Corner Road, Suite 1405, Holmdel, NJ, USA, 07733
Monmouth Real Estate Investment Corp is engaged in the ownership and management of industrial buildings subject to long-term net leases, mainly to investment grade tenants. The company's primary business is the ownership of real estate. Its investment focus is to own well-located, modern, single tenant, industrial buildings, leased primarily to investment-grade tenants.
Executives
Katie Traks officer: Controller 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Michael P Landy director, officer: President and CEO 3499 ROUTE 9 N STE 3-C, FREEHOLD NJ 07728
Kevin S. Miller director, officer: Chief Financial Officer 65 SANDPIPER DRIVE MANALAPAN NJ 07726
Samuel A Landy director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Matthew I Hirsch director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Eugene W Landy director, officer: Chairman of the Board 3499 ROUTE 9 NORTH SUITE 3C, FREEHOLD NJ 07728
Neal Herstik director 3499 ROUTE 9 NORTH STE 3C FREEDHOLD NJ 07728
Daniel D Cronheim director 3499 ROUTE 9 NORTH STE 3C FREEDHOLD NJ 07728
Scott L Robinson director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Catherine B. Elflein director 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD NJ 07728
Brian Haimm director 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD NJ 07728
Gregory Thomas Otto director 3499 ROUTE 9 NORTH SUITE 3D FREEHOLD NJ 07728
Kiernan Conway director 3499 RT. 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Sonal Pande director 101 CRAWFORDS CORNER ROAD SUITE 1405 HOLMDEL NJ 07733
Michael D Prashad officer: General Counsel 101 CRAWFORDS CORNER ROAD HOLMDEL NJ 07733