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Outfront Media (Outfront Media) Cyclically Adjusted PS Ratio : 1.21 (As of Apr. 27, 2024)


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What is Outfront Media Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Outfront Media's current share price is $15.73. Outfront Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.98. Outfront Media's Cyclically Adjusted PS Ratio for today is 1.21.

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

OUT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.33   Max: 2.34
Current: 1.18

During the past years, Outfront Media's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.64. And the median was 1.33.

OUT's Cyclically Adjusted PS Ratio is ranked better than
91.02% of 490 companies
in the REITs industry
Industry Median: 4.995 vs OUT: 1.18

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.

Outfront Media's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.039. 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 $12.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Outfront Media Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Outfront Media'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.

Outfront Media Cyclically Adjusted PS Ratio Chart

Outfront Media 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 - - 2.17 1.29 1.08

Outfront Media 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 1.29 1.25 1.20 0.77 1.08

Competitive Comparison of Outfront Media's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Outfront Media'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.


Outfront Media's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Outfront Media 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.

Outfront Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.73/12.98
=1.21

* 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.

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

For example, Outfront Media'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)
=3.039/129.4194*129.4194
=3.039

Current CPI (Dec. 2023) = 129.4194.

Outfront Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.968 99.695 3.853
201406 2.789 100.560 3.589
201409 2.788 100.428 3.593
201412 3.270 99.070 4.272
201503 2.499 99.621 3.246
201506 2.792 100.684 3.589
201509 2.804 100.392 3.615
201512 2.902 99.792 3.764
201603 2.532 100.470 3.262
201606 2.786 101.688 3.546
201609 2.764 101.861 3.512
201612 2.871 101.863 3.648
201703 2.380 102.862 2.994
201706 2.844 103.349 3.561
201709 2.785 104.136 3.461
201712 2.897 104.011 3.605
201803 2.429 105.290 2.986
201806 2.886 106.317 3.513
201809 2.927 106.507 3.557
201812 3.227 105.998 3.940
201903 2.634 107.251 3.178
201906 3.218 108.070 3.854
201909 3.207 108.329 3.831
201912 3.373 108.420 4.026
202003 2.663 108.902 3.165
202006 1.613 108.767 1.919
202009 1.955 109.815 2.304
202012 2.322 109.897 2.734
202103 1.790 111.754 2.073
202106 2.342 114.631 2.644
202109 2.727 115.734 3.049
202112 3.128 117.630 3.442
202203 2.457 121.301 2.621
202206 2.735 125.017 2.831
202209 2.756 125.227 2.848
202212 2.996 125.222 3.096
202303 2.406 127.348 2.445
202306 2.841 128.729 2.856
202309 2.753 129.860 2.744
202312 3.039 129.419 3.039

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.


Outfront Media  (NYSE:OUT) 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.


Outfront Media Cyclically Adjusted PS Ratio Related Terms

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


Outfront Media (Outfront Media) Business Description

Industry
Traded in Other Exchanges
Address
405 Lexington Avenue, 17th Floor, New York, NY, USA, 10174
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.
Executives
Clive A. Punter officer: EVP and Chief Revenue Officer C/O CBS OUTDOOR AMERICAS INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Patrick Martin officer: SVP, Controller, CAO 405 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10174
Jeremy J. Male officer: Chief Executive Officer C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Richard H. Sauer officer: EVP, General Counsel & Sec. C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Peter Mathes director C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Pep Viii-a Aiv Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii (scotland) Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii-a Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Gp Llc 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Co-invest Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Michael J Dominguez director C/O PROVIDENCE EQUITY PARTNERS, INC., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Gp Viii (scotland) L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii-a L.p. 10 percent owner PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii (scotland) L.p. 10 percent owner PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903