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Real Matters (TSX:REAL) Cyclically Adjusted PS Ratio : 1.02 (As of Apr. 28, 2024)


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What is Real Matters Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Real Matters's current share price is C$5.17. Real Matters's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was C$5.08. Real Matters's Cyclically Adjusted PS Ratio for today is 1.02.

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

TSX:REAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.11   Max: 1.24
Current: 1.02

During the past 10 years, Real Matters's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.97. And the median was 1.11.

TSX:REAL's Cyclically Adjusted PS Ratio is ranked better than
61.93% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs TSX:REAL: 1.02

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.

Real Matters's adjusted revenue per share data of for the fiscal year that ended in Sep23 was C$3.048. 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 C$5.08 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Matters Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Real Matters'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.

Real Matters Cyclically Adjusted PS Ratio Chart

Real Matters Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.22

Real Matters 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 - - - 1.22 -

Competitive Comparison of Real Matters's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Real Matters'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.


Real Matters's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Real Matters 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.

Real Matters's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.17/5.08
=1.02

* 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.

Real Matters's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Real Matters's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=3.048/125.2304*125.2304
=3.048

Current CPI (Sep23) = 125.2304.

Real Matters Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.453 99.394 1.831
201509 2.604 100.421 3.247
201609 3.751 101.765 4.616
201709 4.372 103.345 5.298
201809 4.042 105.636 4.792
201909 4.742 107.611 5.518
202009 6.819 108.164 7.895
202109 7.587 112.905 8.415
202209 5.921 120.648 6.146
202309 3.048 125.230 3.048

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.


Real Matters  (TSX:REAL) 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.


Real Matters Cyclically Adjusted PS Ratio Related Terms

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


Real Matters (TSX:REAL) Business Description

Industry
Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.