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Plaza Retail REIT (Plaza Retail REIT) Cyclically Adjusted PS Ratio : 2.70 (As of Apr. 27, 2024)


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What is Plaza Retail REIT Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Plaza Retail REIT's current share price is $2.48. Plaza Retail REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.92. Plaza Retail REIT's Cyclically Adjusted PS Ratio for today is 2.70.

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

PAZRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.45   Med: 4.04   Max: 5.26
Current: 2.89

During the past years, Plaza Retail REIT's highest Cyclically Adjusted PS Ratio was 5.26. The lowest was 2.45. And the median was 4.04.

PAZRF's Cyclically Adjusted PS Ratio is ranked better than
72.65% of 490 companies
in the REITs industry
Industry Median: 4.99 vs PAZRF: 2.89

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.

Plaza Retail REIT's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.196. 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 $0.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plaza Retail REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Plaza Retail REIT'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.

Plaza Retail REIT Cyclically Adjusted PS Ratio Chart

Plaza Retail REIT 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 4.16 3.28 4.13 3.71 3.02

Plaza Retail REIT 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 3.71 3.42 3.23 2.94 3.02

Competitive Comparison of Plaza Retail REIT's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Plaza Retail REIT'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.


Plaza Retail REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Plaza Retail REIT's Cyclically Adjusted PS Ratio falls into.



Plaza Retail REIT 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.

Plaza Retail REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.48/0.92
=2.70

* 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.

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

For example, Plaza Retail REIT'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)
=0.196/125.4675*125.4675
=0.196

Current CPI (Dec. 2023) = 125.4675.

Plaza Retail REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.228 98.604 0.290
201406 0.235 99.473 0.296
201409 0.227 99.394 0.287
201412 0.220 98.367 0.281
201503 0.204 99.789 0.256
201506 0.209 100.500 0.261
201509 0.194 100.421 0.242
201512 0.191 99.947 0.240
201603 0.189 101.054 0.235
201606 0.197 102.002 0.242
201609 0.199 101.765 0.245
201612 0.192 101.449 0.237
201703 0.187 102.634 0.229
201706 0.199 103.029 0.242
201709 0.202 103.345 0.245
201712 0.198 103.345 0.240
201803 0.197 105.004 0.235
201806 0.196 105.557 0.233
201809 0.192 105.636 0.228
201812 0.189 105.399 0.225
201903 0.231 106.979 0.271
201906 0.194 107.690 0.226
201909 0.198 107.611 0.231
201912 0.204 107.769 0.238
202003 0.192 107.927 0.223
202006 0.194 108.401 0.225
202009 0.193 108.164 0.224
202012 0.206 108.559 0.238
202103 0.209 110.298 0.238
202106 0.241 111.720 0.271
202109 0.206 112.905 0.229
202112 0.210 113.774 0.232
202203 0.216 117.646 0.230
202206 0.213 120.806 0.221
202209 0.203 120.648 0.211
202212 0.202 120.964 0.210
202303 0.188 122.702 0.192
202306 0.194 124.203 0.196
202309 0.189 125.230 0.189
202312 0.196 125.468 0.196

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.


Plaza Retail REIT  (OTCPK:PAZRF) 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.


Plaza Retail REIT Cyclically Adjusted PS Ratio Related Terms

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


Plaza Retail REIT (Plaza Retail REIT) Business Description

Industry
Traded in Other Exchanges
Address
98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Plaza Retail REIT (Plaza Retail REIT) Headlines

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