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Camden Property Trust (BSP:C2PT34) Cyclically Adjusted PS Ratio : 8.24 (As of Jun. 10, 2024)


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What is Camden Property Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Camden Property Trust's current share price is R$34.44. Camden Property Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$4.18. Camden Property Trust's Cyclically Adjusted PS Ratio for today is 8.24.

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

BSP:C2PT34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.82   Med: 8.97   Max: 16.33
Current: 8.32

During the past years, Camden Property Trust's highest Cyclically Adjusted PS Ratio was 16.33. The lowest was 5.82. And the median was 8.97.

BSP:C2PT34's Cyclically Adjusted PS Ratio is ranked worse than
75.2% of 492 companies
in the REITs industry
Industry Median: 4.875 vs BSP:C2PT34: 8.32

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.

Camden Property Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was R$1.176. 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 R$4.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camden Property Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Camden Property Trust'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.

Camden Property Trust Cyclically Adjusted PS Ratio Chart

Camden Property Trust 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 10.77 9.93 16.33 9.40 7.91

Camden Property Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.61 8.80 7.54 7.91 7.67

Competitive Comparison of Camden Property Trust's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Camden Property Trust'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.


Camden Property Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Camden Property Trust's Cyclically Adjusted PS Ratio falls into.



Camden Property Trust 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.

Camden Property Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.44/4.18
=8.24

* 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.

Camden Property Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Camden Property Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.176/131.7762*131.7762
=1.176

Current CPI (Mar. 2024) = 131.7762.

Camden Property Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.351 100.560 0.460
201409 0.374 100.428 0.491
201412 0.325 99.070 0.432
201503 0.469 99.621 0.620
201506 0.477 100.684 0.624
201509 0.621 100.392 0.815
201512 0.624 99.792 0.824
201603 0.596 100.470 0.782
201606 0.565 101.688 0.732
201609 0.533 101.861 0.690
201612 0.542 101.863 0.701
201703 0.506 102.862 0.648
201706 0.542 103.349 0.691
201709 0.520 104.136 0.658
201712 0.528 104.011 0.669
201803 0.528 105.290 0.661
201806 0.628 106.317 0.778
201809 0.698 106.507 0.864
201812 0.668 105.998 0.830
201903 0.659 107.251 0.810
201906 0.667 108.070 0.813
201909 0.726 108.329 0.883
201912 0.707 108.420 0.859
202003 0.876 108.902 1.060
202006 0.877 108.767 1.063
202009 0.967 109.815 1.160
202012 0.906 109.897 1.086
202103 1.014 111.754 1.196
202106 0.925 114.631 1.063
202109 1.008 115.734 1.148
202112 1.074 117.630 1.203
202203 0.978 121.301 1.062
202206 1.115 125.017 1.175
202209 1.210 125.227 1.273
202212 1.209 125.222 1.272
202303 1.215 127.348 1.257
202306 1.146 128.729 1.173
202309 1.189 129.860 1.207
202312 1.171 129.419 1.192
202403 1.176 131.776 1.176

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.


Camden Property Trust  (BSP:C2PT34) 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.


Camden Property Trust Cyclically Adjusted PS Ratio Related Terms

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


Camden Property Trust (BSP:C2PT34) Business Description

Industry
Traded in Other Exchanges
Address
11 Greenway Plaza, Suite 2400, Houston, TX, USA, 77046
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.

Camden Property Trust (BSP:C2PT34) Headlines

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