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LaSalle Hotel Properties (LaSalle Hotel Properties) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is LaSalle Hotel Properties Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


LaSalle Hotel Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LaSalle Hotel 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.

LaSalle Hotel Properties Cyclically Adjusted PS Ratio Chart

LaSalle Hotel Properties Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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LaSalle Hotel Properties Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of LaSalle Hotel Properties's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, LaSalle Hotel 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.


LaSalle Hotel Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



LaSalle Hotel 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.

LaSalle Hotel Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, LaSalle Hotel Properties's adjusted Revenue per Share data for the three months ended in Sep. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=2.586/106.5067*106.5067
=2.586

Current CPI (Sep. 2018) = 106.5067.

LaSalle Hotel Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200812 3.591 88.697 4.312
200903 2.908 89.744 3.451
200906 3.227 91.003 3.777
200909 2.280 91.120 2.665
200912 1.788 91.111 2.090
201003 1.530 91.821 1.775
201006 2.262 91.962 2.620
201009 2.185 92.162 2.525
201012 2.621 92.474 3.019
201103 1.733 94.283 1.958
201106 2.339 95.235 2.616
201109 2.233 95.727 2.484
201112 2.503 95.213 2.800
201203 1.900 96.783 2.091
201206 2.682 96.819 2.950
201209 2.614 97.633 2.852
201212 2.876 96.871 3.162
201303 1.999 98.209 2.168
201306 2.729 98.518 2.950
201309 2.789 98.790 3.007
201312 2.574 98.326 2.788
201403 2.094 99.695 2.237
201406 2.979 100.560 3.155
201409 2.945 100.428 3.123
201412 2.561 99.070 2.753
201503 2.215 99.621 2.368
201506 3.001 100.684 3.175
201509 2.892 100.392 3.068
201512 2.586 99.792 2.760
201603 2.285 100.470 2.422
201606 3.083 101.688 3.229
201609 2.875 101.861 3.006
201612 2.547 101.863 2.663
201703 2.220 102.862 2.299
201706 2.686 103.349 2.768
201709 2.506 104.136 2.563
201712 2.251 104.011 2.305
201803 1.938 105.290 1.960
201806 2.663 106.317 2.668
201809 2.586 106.507 2.586

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.


LaSalle Hotel Properties  (NYSE:LHOpJ.PFD) 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.


LaSalle Hotel Properties Cyclically Adjusted PS Ratio Related Terms

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LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Executives
Jeffrey L Martin director 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Kenneth G Fuller officer: EVP, CFO, Secretary, Treasurer 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Denise M Coll director 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Jeffrey T. Foland director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666
Bruce A Riggins officer: CFO, EVP and Secretary 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Alfred L. Young officer: EVP and COO 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Julio E Morales officer: Chief Accounting Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Jon E Bortz director, officer: Chairman, President and CEO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Leonard Darryl Hartley director PGI, 44 CANAL CENTER PLAZA SECOND FL, ALEXANDRIA VA 22314
Stuart L Scott director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
William S Mccalmont director 3300 DREXEL, DALLAS TX 75205
Michael D Barnello officer: Chief Operating Officer LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Donald S Perkins director 1319 MARQUETTE DR, ROMEOVILLE IL 60441
Kelly L Kuhn director 84 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112