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CT Real Estate Investment Trust (CT Real Estate Investment Trust) Cyclically Adjusted PS Ratio : 8.23 (As of Jun. 11, 2024)


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What is CT Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-11), CT Real Estate Investment Trust's current share price is $9.962. CT Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.21. CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 8.23.

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

CTRRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.58   Med: 8.27   Max: 8.9
Current: 8.03

During the past years, CT Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 8.90. The lowest was 7.58. And the median was 8.27.

CTRRF's Cyclically Adjusted PS Ratio is ranked worse than
72.56% of 492 companies
in the REITs industry
Industry Median: 4.875 vs CTRRF: 8.03

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.

CT Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.314. 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 $1.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CT Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CT Real Estate Investment 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.

CT Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

CT Real Estate Investment 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 - - - - 8.76

CT Real Estate Investment 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 - - 8.17 8.76 8.39

Competitive Comparison of CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, CT Real Estate Investment 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.


CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



CT Real Estate Investment 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.

CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.962/1.21
=8.23

* 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.

CT Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CT Real Estate Investment 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)
=0.314/126.2576*126.2576
=0.314

Current CPI (Mar. 2024) = 126.2576.

CT Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.225 99.473 0.286
201409 0.235 99.394 0.299
201412 0.256 98.367 0.329
201503 0.225 99.789 0.285
201506 0.225 100.500 0.283
201509 0.225 100.421 0.283
201512 0.228 99.947 0.288
201603 0.241 101.054 0.301
201606 0.256 102.002 0.317
201609 0.255 101.765 0.316
201612 0.252 101.449 0.314
201703 0.269 102.634 0.331
201706 0.268 103.029 0.328
201709 0.279 103.345 0.341
201712 0.293 103.345 0.358
201803 0.278 105.004 0.334
201806 0.278 105.557 0.333
201809 0.277 105.636 0.331
201812 0.240 105.399 0.287
201903 0.280 106.979 0.330
201906 0.285 107.690 0.334
201909 0.285 107.611 0.334
201912 0.320 107.769 0.375
202003 0.260 107.927 0.304
202006 0.277 108.401 0.323
202009 0.279 108.164 0.326
202012 0.341 108.559 0.397
202103 0.321 110.298 0.367
202106 0.332 111.720 0.375
202109 0.315 112.905 0.352
202112 0.305 113.774 0.338
202203 0.330 117.646 0.354
202206 0.320 120.806 0.334
202209 0.306 120.648 0.320
202212 0.298 120.964 0.311
202303 0.308 122.702 0.317
202306 0.311 124.203 0.316
202309 0.431 125.230 0.435
202312 0.307 125.072 0.310
202403 0.314 126.258 0.314

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.


CT Real Estate Investment Trust  (OTCPK:CTRRF) 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.


CT Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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CT Real Estate Investment Trust (CT Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

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