This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. CareTrust REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.878. CareTrust REIT's 10-Year median PS Ratio is 9.8882. Therefore, the Median PS Value for today is $18.57.
As of today (2024-05-01), CareTrust REIT's share price is $24.72. CareTrust REIT's Median PS Value is $18.57. Therefore, CareTrust REIT's Price to Median PS Value for today is 1.33.
The historical rank and industry rank for CareTrust REIT's Median PS Value or its related term are showing as below:
CTRE'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.21 Med: 1.21 Max: 1.34
Current: 1.33
During the past 12 years, the highest Price to Median PS Value of CareTrust REIT was 1.34. The lowest was 1.21. And the median was 1.21.
CTRE's Price-to-Median-PS-Value is ranked worse than 89.52% of 372
companies
in the REITs industry
Industry Median: 0.79
vs CTRE: 1.33
CareTrust REIT Median PS Value Historical Data
The historical data trend for CareTrust REIT's Median PS Value 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.
Competitive Comparison of CareTrust REIT's Median PS Value
For the REIT - Healthcare Facilities subindustry, CareTrust REIT's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
CareTrust REIT's Price-to-Median-PS-Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CareTrust REIT's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where CareTrust REIT's Price-to-Median-PS-Value falls into.
CareTrust REIT Median PS Value Calculation
CareTrust REIT's Median PS Value for today is calculated as
10-Year Median PS Ratio is 9.8882.
CareTrust REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.878.
* 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.
CareTrust REIT (NYSE:CTRE) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
CareTrust REIT's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
24.72
/
18.57
=
1.33
* 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.
CareTrust REIT Median PS Value Related Terms
Thank you for viewing the detailed overview of CareTrust REIT's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
CareTrust REIT (CareTrust REIT) Business Description
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
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