GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (TSX:CRR.UN) » Definitions » PS Ratio

Crombie Real Estate Investment Trust (TSX:CRR.UN) PS Ratio : 5.19 (As of Apr. 26, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Crombie Real Estate Investment Trust PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Crombie Real Estate Investment Trust's share price is C$12.83. Crombie Real Estate Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$2.47. Hence, Crombie Real Estate Investment Trust's PS Ratio for today is 5.19.

Good Sign:

Crombie Real Estate Investment Trust stock PS Ratio (=5.23) is close to 3-year low of 4.86

The historical rank and industry rank for Crombie Real Estate Investment Trust's PS Ratio or its related term are showing as below:

TSX:CRR.UN' s PS Ratio Range Over the Past 10 Years
Min: 3.83   Med: 5.1   Max: 7.51
Current: 5.19

During the past 13 years, Crombie Real Estate Investment Trust's highest PS Ratio was 7.51. The lowest was 3.83. And the median was 5.10.

TSX:CRR.UN's PS Ratio is ranked better than
61.57% of 830 companies
in the REITs industry
Industry Median: 6.515 vs TSX:CRR.UN: 5.19

Crombie Real Estate Investment Trust's Revenue per Sharefor the three months ended in Dec. 2023 was C$0.67. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$2.47.

Warning Sign:

Crombie Real Estate Investment Trust revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Crombie Real Estate Investment Trust was 2.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -0.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was -2.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.10% per year.

During the past 13 years, Crombie Real Estate Investment Trust's highest 3-Year average Revenue per Share Growth Rate was 14.40% per year. The lowest was -25.50% per year. And the median was -2.65% per year.

Back to Basics: PS Ratio


Crombie Real Estate Investment Trust PS Ratio Historical Data

The historical data trend for Crombie Real Estate Investment Trust's 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.

Crombie Real Estate Investment Trust PS Ratio Chart

Crombie Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 5.81 7.38 6.61 5.62

Crombie Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.61 6.29 5.58 5.10 5.62

Competitive Comparison of Crombie Real Estate Investment Trust's PS Ratio

For the REIT - Diversified subindustry, Crombie Real Estate Investment Trust's PS Ratio, along with its competitors' market caps and 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.


Crombie Real Estate Investment Trust's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Crombie Real Estate Investment Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where Crombie Real Estate Investment Trust's PS Ratio falls into.



Crombie Real Estate Investment Trust PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Crombie Real Estate Investment Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=12.83/2.472
=5.19

Crombie Real Estate Investment Trust's Share Price of today is C$12.83.
Crombie Real Estate Investment Trust'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 C$2.47.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Crombie Real Estate Investment Trust  (TSX:CRR.UN) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Crombie Real Estate Investment Trust PS Ratio Related Terms

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


Crombie Real Estate Investment Trust (TSX:CRR.UN) Business Description

Traded in Other Exchanges
Address
610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2
Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

Crombie Real Estate Investment Trust (TSX:CRR.UN) Headlines

No Headlines