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Franklin Street Properties (Franklin Street Properties) Cyclically Adjusted PS Ratio : 0.71 (As of May. 24, 2024)


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What is Franklin Street Properties Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Franklin Street Properties's current share price is $1.89. Franklin Street Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.67. Franklin Street Properties's Cyclically Adjusted PS Ratio for today is 0.71.

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

FSP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 3.52   Max: 9.2
Current: 0.71

During the past years, Franklin Street Properties's highest Cyclically Adjusted PS Ratio was 9.20. The lowest was 0.42. And the median was 3.52.

FSP's Cyclically Adjusted PS Ratio is ranked better than
93.87% of 489 companies
in the REITs industry
Industry Median: 4.97 vs FSP: 0.71

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.

Franklin Street Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.302. 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 $2.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Street Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Franklin Street Properties'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.

Franklin Street Properties Cyclically Adjusted PS Ratio Chart

Franklin Street Properties 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 3.57 1.76 2.24 1.00 0.96

Franklin Street Properties 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 0.57 0.53 0.68 0.96 0.85

Competitive Comparison of Franklin Street Properties's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Franklin Street Properties 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.

Franklin Street Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.89/2.67
=0.71

* 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.

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

For example, Franklin Street Properties'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)
=0.302/131.7762*131.7762
=0.302

Current CPI (Mar. 2024) = 131.7762.

Franklin Street Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.626 100.560 0.820
201409 0.611 100.428 0.802
201412 0.624 99.070 0.830
201503 0.604 99.621 0.799
201506 0.601 100.684 0.787
201509 0.618 100.392 0.811
201512 0.611 99.792 0.807
201603 0.597 100.470 0.783
201606 0.607 101.688 0.787
201609 0.610 101.861 0.789
201612 0.615 101.863 0.796
201703 0.641 102.862 0.821
201706 0.638 103.349 0.813
201709 0.640 104.136 0.810
201712 0.623 104.011 0.789
201803 0.624 105.290 0.781
201806 0.622 106.317 0.771
201809 0.641 106.507 0.793
201812 0.621 105.998 0.772
201903 0.604 107.251 0.742
201906 0.623 108.070 0.760
201909 0.639 108.329 0.777
201912 0.643 108.420 0.782
202003 0.587 108.902 0.710
202006 0.567 108.767 0.687
202009 0.580 109.815 0.696
202012 0.557 109.897 0.668
202103 0.550 111.754 0.649
202106 0.523 114.631 0.601
202109 0.475 115.734 0.541
202112 0.413 117.630 0.463
202203 0.408 121.301 0.443
202206 0.400 125.017 0.422
202209 0.396 125.227 0.417
202212 0.399 125.222 0.420
202303 0.366 127.348 0.379
202306 0.351 128.729 0.359
202309 0.357 129.860 0.362
202312 0.336 129.419 0.342
202403 0.302 131.776 0.302

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.


Franklin Street Properties  (AMEX:FSP) 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.


Franklin Street Properties Cyclically Adjusted PS Ratio Related Terms

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


Franklin Street Properties (Franklin Street Properties) Business Description

Traded in Other Exchanges
Address
401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions, and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis. It owns a portfolio of real estate consisting of approximately 32 properties.
Executives
Brian N Hansen director CONFLUENCE INVESTMENT MANAGEMENT LLC, 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119
Jonathan Bennett Odle 10 percent owner 3622 ENDEAVOR AVENUE, SUITE 101, COLUMBIA MO 65201
Dennis J Mcgillicuddy director 1221 S. TAMIAMI TRAIL, SARASOTA FL 34239
Wilkins Milton P Jr director 401 EDGEWATER PLACE, STE 200, WAKEFIELD MA 01880
Kenneth A Hoxsie director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Georgia Murray director 433 SHAWMUT AVE, BOSTON MA 02118
John N Burke director 175 DERBY STREET, SUITE 42, HINGHAM MA 02043
Kathryn P O'neil director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
John G Demeritt officer: Senior Vice President-Finance 401 EDGEWATER PLACE, STE. 200, WAKEFIELD MA 01880
George J Carter director, officer: CEO 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
Eriel Anchondo officer: SVP/Operations 401 EDGEWATER PL, STE. 200, WAKEFIELD MA 01880
Jeffrey B Carter officer: Executive Vice President 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
John F Donahue officer: Executive Vice President 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Barry Silverstein other: former director 2500 S. OCEAN BLVD., #503, BOCA RATON FL 33432
Barbara J Corinha director, officer: VP, COO, Treasurer & Secretary 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880

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