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New England Realty Associates LP (New England Realty Associates LP) Cyclically Adjusted PS Ratio : 3.81 (As of Apr. 29, 2024)


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What is New England Realty Associates LP Cyclically Adjusted PS Ratio?

As of today (2024-04-29), New England Realty Associates LP's current share price is $69.15. New England Realty Associates LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.15. New England Realty Associates LP's Cyclically Adjusted PS Ratio for today is 3.81.

The historical rank and industry rank for New England Realty Associates LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

NEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.52   Med: 6.76   Max: 13.14
Current: 3.81

During the past years, New England Realty Associates LP's highest Cyclically Adjusted PS Ratio was 13.14. The lowest was 3.52. And the median was 6.76.

NEN's Cyclically Adjusted PS Ratio is ranked worse than
71.15% of 1362 companies
in the Real Estate industry
Industry Median: 1.715 vs NEN: 3.81

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.

New England Realty Associates LP's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.529. 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 $18.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New England Realty Associates LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New England Realty Associates LP'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.

New England Realty Associates LP Cyclically Adjusted PS Ratio Chart

New England Realty Associates LP 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 5.51 3.93 4.50 4.23 3.84

New England Realty Associates LP 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 4.23 4.23 4.13 3.80 3.84

Competitive Comparison of New England Realty Associates LP's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, New England Realty Associates LP'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.


New England Realty Associates LP's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New England Realty Associates LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where New England Realty Associates LP's Cyclically Adjusted PS Ratio falls into.



New England Realty Associates LP 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.

New England Realty Associates LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.15/18.15
=3.81

* 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.

New England Realty Associates LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, New England Realty Associates LP'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)
=5.529/129.4194*129.4194
=5.529

Current CPI (Dec. 2023) = 129.4194.

New England Realty Associates LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.709 99.695 3.517
201406 2.702 100.560 3.477
201409 2.731 100.428 3.519
201412 2.799 99.070 3.656
201503 2.876 99.621 3.736
201506 2.882 100.684 3.705
201509 2.931 100.392 3.778
201512 3.190 99.792 4.137
201603 3.213 100.470 4.139
201606 3.237 101.688 4.120
201609 3.268 101.861 4.152
201612 3.370 101.863 4.282
201703 3.380 102.862 4.253
201706 3.393 103.349 4.249
201709 3.561 104.136 4.426
201712 3.681 104.011 4.580
201803 3.730 105.290 4.585
201806 3.882 106.317 4.726
201809 3.859 106.507 4.689
201812 3.921 105.998 4.787
201903 3.995 107.251 4.821
201906 4.039 108.070 4.837
201909 4.090 108.329 4.886
201912 4.180 108.420 4.990
202003 4.434 108.902 5.269
202006 4.271 108.767 5.082
202009 4.104 109.815 4.837
202012 4.018 109.897 4.732
202103 4.089 111.754 4.735
202106 4.186 114.631 4.726
202109 4.322 115.734 4.833
202112 4.388 117.630 4.828
202203 4.513 121.301 4.815
202206 4.636 125.017 4.799
202209 4.711 125.227 4.869
202212 4.900 125.222 5.064
202303 4.898 127.348 4.978
202306 5.029 128.729 5.056
202309 5.288 129.860 5.270
202312 5.529 129.419 5.529

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.


New England Realty Associates LP  (AMEX:NEN) 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.


New England Realty Associates LP Cyclically Adjusted PS Ratio Related Terms

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


New England Realty Associates LP (New England Realty Associates LP) Business Description

Traded in Other Exchanges
N/A
Address
39 Brighton Avenue, Allston, MA, USA, 02134
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Executives
Jameson Pruitt Brown director, officer: Treasurer NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02360
Ronald Brown officer: President NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02134
Carl Anthony Valeri other: 5% Owner, Asset Manager 50 UDINE STREET, ARLINGTON MA 02476
Harold Brown director, 10 percent owner, officer: Treas. & Dir. of Gen. Ptnr NEN 39 BRIGHTON AVE, ALLSTON MA 02134
1999 Revocable Trust 10 percent owner C/O NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02025
Nera 1994 Irrevocable Trust 10 percent owner, officer: Treasurer C/O LANE AITMAN & OWENS, 101 FEDERAL STREET, BOSTON MA 02110
David R Jarvis 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Real Estate Securities Offshore Fund, Ltd. 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Silvercreek Sav Llc 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Special Situations Offshore Fund Ltd 10 percent owner P O BOX 3460 RD TOWN, TORTOLA BVI E9 00000
Maclean Malcolm F Iv 10 percent owner C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Mercury Real Estate Securities Fund Lp 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Mayfair Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830
Mercury Special Situations Fund L P 10 percent owner 100 FIELD POINT RD, GREENWICH CT 06830
Mercury Securities Ii Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830

New England Realty Associates LP (New England Realty Associates LP) Headlines

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