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Iron Mountain (FRA:I5M) Cyclically Adjusted PS Ratio : 4.36 (As of May. 21, 2024)


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What is Iron Mountain Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Iron Mountain's current share price is €74.88. Iron Mountain's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.16. Iron Mountain's Cyclically Adjusted PS Ratio for today is 4.36.

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

FRA:I5M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.18   Max: 4.47
Current: 4.44

During the past years, Iron Mountain's highest Cyclically Adjusted PS Ratio was 4.47. The lowest was 1.35. And the median was 2.18.

FRA:I5M's Cyclically Adjusted PS Ratio is ranked better than
55.51% of 490 companies
in the REITs industry
Industry Median: 4.985 vs FRA:I5M: 4.44

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.

Iron Mountain's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.602. 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 €17.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iron Mountain'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.

Iron Mountain Cyclically Adjusted PS Ratio Chart

Iron Mountain 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 1.94 1.81 3.05 2.80 3.84

Iron Mountain 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 2.93 3.12 3.25 3.84 4.33

Competitive Comparison of Iron Mountain's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Iron Mountain 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.

Iron Mountain's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.88/17.16
=4.36

* 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.

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

For example, Iron Mountain'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)
=4.602/131.7762*131.7762
=4.602

Current CPI (Mar. 2024) = 131.7762.

Iron Mountain Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.993 100.560 3.922
201409 3.116 100.428 4.089
201412 3.070 99.070 4.084
201503 3.262 99.621 4.315
201506 3.192 100.684 4.178
201509 3.139 100.392 4.120
201512 3.255 99.792 4.298
201603 3.173 100.470 4.162
201606 3.192 101.688 4.136
201609 3.176 101.861 4.109
201612 3.348 101.863 4.331
201703 3.315 102.862 4.247
201706 3.191 103.349 4.069
201709 3.044 104.136 3.852
201712 3.085 104.011 3.909
201803 2.956 105.290 3.700
201806 3.169 106.317 3.928
201809 3.168 106.507 3.920
201812 3.250 105.998 4.040
201903 3.244 107.251 3.986
201906 3.284 108.070 4.004
201909 3.353 108.329 4.079
201912 3.373 108.420 4.100
202003 3.354 108.902 4.059
202006 3.028 108.767 3.669
202009 3.047 109.815 3.656
202012 3.012 109.897 3.612
202103 3.139 111.754 3.701
202106 3.193 114.631 3.671
202109 3.296 115.734 3.753
202112 3.517 117.630 3.940
202203 3.883 121.301 4.218
202206 4.171 125.017 4.397
202209 4.443 125.227 4.675
202212 4.122 125.222 4.338
202303 4.189 127.348 4.335
202306 4.270 128.729 4.371
202309 4.420 129.860 4.485
202312 4.413 129.419 4.493
202403 4.602 131.776 4.602

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.


Iron Mountain  (FRA:I5M) 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.


Iron Mountain Cyclically Adjusted PS Ratio Related Terms

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


Iron Mountain (FRA:I5M) Business Description

Industry
Traded in Other Exchanges
Address
85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.

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