GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Welltower Inc (BSP:W1EL34) » Definitions » Cyclically Adjusted PS Ratio

Welltower (BSP:W1EL34) Cyclically Adjusted PS Ratio : 7.73 (As of Jun. 10, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Welltower Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Welltower's current share price is R$274.68. Welltower's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$35.52. Welltower's Cyclically Adjusted PS Ratio for today is 7.73.

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

BSP:W1EL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.38   Med: 7.52   Max: 11.86
Current: 7.35

During the past years, Welltower's highest Cyclically Adjusted PS Ratio was 11.86. The lowest was 3.38. And the median was 7.52.

BSP:W1EL34's Cyclically Adjusted PS Ratio is ranked worse than
68.09% of 492 companies
in the REITs industry
Industry Median: 4.875 vs BSP:W1EL34: 7.35

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.

Welltower's adjusted revenue per share data for the three months ended in Mar. 2024 was R$7.892. 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$35.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Welltower Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Welltower'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.

Welltower Cyclically Adjusted PS Ratio Chart

Welltower 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 7.57 5.61 6.85 4.83 6.48

Welltower 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 5.20 5.81 5.85 6.48 6.62

Competitive Comparison of Welltower's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Welltower'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.


Welltower's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Welltower 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.

Welltower's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=274.68/35.52
=7.73

* 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.

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

For example, Welltower'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)
=7.892/131.7762*131.7762
=7.892

Current CPI (Mar. 2024) = 131.7762.

Welltower Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.093 100.560 4.053
201409 3.161 100.428 4.148
201412 3.469 99.070 4.614
201503 4.134 99.621 5.468
201506 4.219 100.684 5.522
201509 5.399 100.392 7.087
201512 5.587 99.792 7.378
201603 5.416 100.470 7.104
201606 5.064 101.688 6.562
201609 4.846 101.861 6.269
201612 4.923 101.863 6.369
201703 4.538 102.862 5.814
201706 4.715 103.349 6.012
201709 4.586 104.136 5.803
201712 4.876 104.011 6.178
201803 4.805 105.290 6.014
201806 5.612 106.317 6.956
201809 6.762 106.507 8.366
201812 6.304 105.998 7.837
201903 6.172 107.251 7.583
201906 6.243 108.070 7.612
201909 6.388 108.329 7.771
201912 6.323 108.420 7.685
202003 7.435 108.902 8.997
202006 7.316 108.767 8.864
202009 6.655 109.815 7.986
202012 6.856 109.897 8.221
202103 7.032 111.754 8.292
202106 6.800 114.631 7.817
202109 7.572 115.734 8.622
202112 8.350 117.630 9.354
202203 7.688 121.301 8.352
202206 7.778 125.017 8.199
202209 8.309 125.227 8.744
202212 8.134 125.222 8.560
202303 8.175 127.348 8.459
202306 7.646 128.729 7.827
202309 7.648 129.860 7.761
202312 7.614 129.419 7.753
202403 7.892 131.776 7.892

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.


Welltower  (BSP:W1EL34) 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.


Welltower Cyclically Adjusted PS Ratio Related Terms

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


Welltower (BSP:W1EL34) Business Description

Industry
Traded in Other Exchanges
Address
4500 Dorr Street, Toledo, OH, USA, 43615
Welltower owns a diversified healthcare portfolio of over 2,000 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.

Welltower (BSP:W1EL34) Headlines

No Headlines