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Plymouth Industrial REIT (Plymouth Industrial REIT) Cyclically Adjusted PS Ratio : 2.51 (As of Apr. 30, 2024)


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What is Plymouth Industrial REIT Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Plymouth Industrial REIT's current share price is $20.80. Plymouth Industrial REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.29. Plymouth Industrial REIT's Cyclically Adjusted PS Ratio for today is 2.51.

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

PLYM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.62   Max: 3.8
Current: 2.51

During the past years, Plymouth Industrial REIT's highest Cyclically Adjusted PS Ratio was 3.80. The lowest was 1.87. And the median was 2.62.

PLYM's Cyclically Adjusted PS Ratio is ranked better than
74.59% of 492 companies
in the REITs industry
Industry Median: 5 vs PLYM: 2.51

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.

Plymouth Industrial REIT's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.123. 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 $8.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plymouth Industrial REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Plymouth Industrial 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.

Plymouth Industrial REIT Cyclically Adjusted PS Ratio Chart

Plymouth Industrial 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 - - 3.80 2.27 2.90

Plymouth Industrial 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 2.27 2.48 2.72 2.49 2.90

Competitive Comparison of Plymouth Industrial REIT's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Plymouth Industrial 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.


Plymouth Industrial REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Plymouth Industrial 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.

Plymouth Industrial REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.80/8.29
=2.51

* 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.

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

For example, Plymouth Industrial 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)
=1.123/129.4194*129.4194
=1.123

Current CPI (Dec. 2023) = 129.4194.

Plymouth Industrial REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.734 99.070 0.959
201503 1.337 99.621 1.737
201506 1.341 100.684 1.724
201509 1.347 100.392 1.736
201512 1.293 99.792 1.677
201603 1.334 100.470 1.718
201606 1.336 101.688 1.700
201609 1.396 101.861 1.774
201612 1.417 101.863 1.800
201703 1.108 102.862 1.394
201706 5.446 103.349 6.820
201709 1.833 104.136 2.278
201712 2.143 104.011 2.667
201803 3.257 105.290 4.003
201806 3.543 106.317 4.313
201809 2.678 106.507 3.254
201812 2.899 105.998 3.540
201903 3.524 107.251 4.252
201906 2.490 108.070 2.982
201909 2.106 108.329 2.516
201912 1.590 108.420 1.898
202003 1.822 108.902 2.165
202006 1.784 108.767 2.123
202009 1.402 109.815 1.652
202012 1.207 109.897 1.421
202103 1.173 111.754 1.358
202106 1.119 114.631 1.263
202109 1.113 115.734 1.245
202112 1.148 117.630 1.263
202203 1.182 121.301 1.261
202206 1.166 125.017 1.207
202209 1.162 125.227 1.201
202212 1.111 125.222 1.148
202303 1.159 127.348 1.178
202306 1.170 128.729 1.176
202309 1.127 129.860 1.123
202312 1.123 129.419 1.123

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.


Plymouth Industrial REIT  (NYSE:PLYM) 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.


Plymouth Industrial REIT Cyclically Adjusted PS Ratio Related Terms

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


Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description

Traded in Other Exchanges
N/A
Address
20 Custom House Street, 11th Floor, Boston, MA, USA, 02110
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
Executives
Madison International Realty Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf 10 percent owner C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Mirelf Vi Reit Investments Iv, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman 10 percent owner 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Anthony Saladino officer: EVP/CFO 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii director 600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Jeffrey E Witherell director, officer: CEO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White director, officer: President and CIO C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Caitlin Murphy director 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110