Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Cyclically Adjusted PS Ratio : 6.61 (As of May. 24, 2024)

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What is Dream Industrial Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Dream Industrial Real Estate Investment Trust's current share price is $9.326. Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.41. Dream Industrial Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 6.61.

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

DREUF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.29 Med: 6.86 Max: 7.58
Current: 6.7

During the past years, Dream Industrial Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 7.58. The lowest was 5.29. And the median was 6.86.

DREUF's Cyclically Adjusted PS Ratio is ranked worse than
62.58% of 489 companies
in the REITs industry
Industry Median: 4.97 vs DREUF: 6.70

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.

Dream Industrial Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.294. 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 $1.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Dream Industrial Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dream Industrial 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.

Dream Industrial Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Dream Industrial Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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5.93

7.16

Dream Industrial 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															7.43	7.11	6.49	7.16	6.78

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

For the REIT - Industrial subindustry, Dream Industrial 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.

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

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

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

Dream Industrial 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.

Dream Industrial 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
	=	9.326	/	1.41
	=	6.61

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

For example, Dream Industrial 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)
	=	0.294	/	126.2576	*	126.2576
	=	0.294

Current CPI (Mar. 2024) = 126.2576.

Dream Industrial Real Estate Investment Trust Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.458	99.473	0.581
201409	0.443	99.394	0.563
201412	0.446	98.367	0.572
201503	0.401	99.789	0.507
201506	0.418	100.500	0.525
201509	0.377	100.421	0.474
201512	0.371	99.947	0.469
201603	0.380	101.054	0.475
201606	0.394	102.002	0.488
201609	0.374	101.765	0.464
201612	0.363	101.449	0.452
201703	0.360	102.634	0.443
201706	0.359	103.029	0.440
201709	0.380	103.345	0.464
201712	0.365	103.345	0.446
201803	0.363	105.004	0.436
201806	0.287	105.557	0.343
201809	0.268	105.636	0.320
201812	0.281	105.399	0.337
201903	0.283	106.979	0.334
201906	0.276	107.690	0.324
201909	0.267	107.611	0.313
201912	0.273	107.769	0.320
202003	0.248	107.927	0.290
202006	0.254	108.401	0.296
202009	0.260	108.164	0.303
202012	0.279	108.559	0.324
202103	0.280	110.298	0.321
202106	0.277	111.720	0.313
202109	0.261	112.905	0.292
202112	0.251	113.774	0.279
202203	0.266	117.646	0.285
202206	0.257	120.806	0.269
202209	0.255	120.648	0.267
202212	0.284	120.964	0.296
202303	0.283	122.702	0.291
202306	0.300	124.203	0.305
202309	0.285	125.230	0.287
202312	0.288	125.072	0.291
202403	0.294	126.258	0.294

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.

Dream Industrial Real Estate Investment Trust (OTCPK:DREUF) 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.

Dream Industrial Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Industrial Real Estate Investment Trust (OTCPK:DREUF) » Definitions » Cyclically Adjusted PS Ratio

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Traded in Other Exchanges

DIR.UN:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dreamindustrialreit.ca

Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.