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Regency Centers (BSP:R1EG34) Cyclically Adjusted PS Ratio : 8.08 (As of Jun. 07, 2024)


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What is Regency Centers Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Regency Centers's current share price is R$154.88. Regency Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$19.17. Regency Centers's Cyclically Adjusted PS Ratio for today is 8.08.

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

BSP:R1EG34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.03   Med: 9.6   Max: 13.21
Current: 7.87

During the past years, Regency Centers's highest Cyclically Adjusted PS Ratio was 13.21. The lowest was 5.03. And the median was 9.60.

BSP:R1EG34's Cyclically Adjusted PS Ratio is ranked worse than
71.54% of 492 companies
in the REITs industry
Industry Median: 4.92 vs BSP:R1EG34: 7.87

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.

Regency Centers's adjusted revenue per share data for the three months ended in Mar. 2024 was R$4.903. 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$19.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regency Centers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Regency Centers'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.

Regency Centers Cyclically Adjusted PS Ratio Chart

Regency Centers 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 9.87 7.12 10.93 8.48 8.74

Regency Centers 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 8.15 8.13 7.75 8.74 7.76

Competitive Comparison of Regency Centers's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Regency Centers'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.


Regency Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Regency Centers 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.

Regency Centers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=154.88/19.17
=8.08

* 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.

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

For example, Regency Centers'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)
=4.903/131.7762*131.7762
=4.903

Current CPI (Mar. 2024) = 131.7762.

Regency Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.639 100.560 2.148
201409 1.690 100.428 2.218
201412 1.928 99.070 2.565
201503 2.348 99.621 3.106
201506 2.323 100.684 3.040
201509 2.931 100.392 3.847
201512 2.955 99.792 3.902
201603 2.826 100.470 3.707
201606 2.656 101.688 3.442
201609 2.384 101.861 3.084
201612 2.554 101.863 3.304
201703 2.422 102.862 3.103
201706 2.526 103.349 3.221
201709 2.409 104.136 3.048
201712 2.547 104.011 3.227
201803 2.653 105.290 3.320
201806 3.127 106.317 3.876
201809 3.366 106.507 4.165
201812 3.252 105.998 4.043
201903 3.278 107.251 4.028
201906 3.166 108.070 3.861
201909 3.462 108.329 4.211
201912 3.536 108.420 4.298
202003 4.127 108.902 4.994
202006 3.527 108.767 4.273
202009 3.859 109.815 4.631
202012 3.916 109.897 4.696
202103 4.553 111.754 5.369
202106 4.243 114.631 4.878
202109 4.756 115.734 5.415
202112 4.886 117.630 5.474
202203 4.398 121.301 4.778
202206 4.422 125.017 4.661
202209 4.647 125.227 4.890
202212 4.808 125.222 5.060
202303 4.829 127.348 4.997
202306 4.453 128.729 4.558
202309 4.581 129.860 4.649
202312 4.770 129.419 4.857
202403 4.903 131.776 4.903

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.


Regency Centers  (BSP:R1EG34) 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.


Regency Centers Cyclically Adjusted PS Ratio Related Terms

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


Regency Centers (BSP:R1EG34) Business Description

Industry
Traded in Other Exchanges
Address
One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202-5019
Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.

Regency Centers (BSP:R1EG34) Headlines

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