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Global Net Lease (LTS:0IW3) Cyclically Adjusted PS Ratio : 1.73 (As of Jun. 02, 2024)


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What is Global Net Lease Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Global Net Lease's current share price is $7.4912. Global Net Lease's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.32. Global Net Lease's Cyclically Adjusted PS Ratio for today is 1.73.

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

LTS:0IW3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.46   Max: 3.94
Current: 1.72

During the past years, Global Net Lease's highest Cyclically Adjusted PS Ratio was 3.94. The lowest was 1.56. And the median was 2.46.

LTS:0IW3's Cyclically Adjusted PS Ratio is ranked better than
85.34% of 491 companies
in the REITs industry
Industry Median: 4.94 vs LTS:0IW3: 1.72

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.

Global Net Lease's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.895. 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 $4.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Net Lease Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Global Net Lease'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.

Global Net Lease Cyclically Adjusted PS Ratio Chart

Global Net Lease 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 - - - 3.30 2.37

Global Net Lease 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 3.32 2.57 2.33 2.37 1.79

Competitive Comparison of Global Net Lease's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Global Net Lease'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.


Global Net Lease's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Global Net Lease's Cyclically Adjusted PS Ratio falls into.



Global Net Lease 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.

Global Net Lease's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.4912/4.32
=1.73

* 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.

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

For example, Global Net Lease'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)
=0.895/131.7762*131.7762
=0.895

Current CPI (Mar. 2024) = 131.7762.

Global Net Lease Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.242 100.560 0.317
201409 0.460 100.428 0.604
201412 0.822 99.070 1.093
201503 0.887 99.621 1.173
201506 0.816 100.684 1.068
201509 0.892 100.392 1.171
201512 0.996 99.792 1.315
201603 0.976 100.470 1.280
201606 0.945 101.688 1.225
201609 0.943 101.861 1.220
201612 0.911 101.863 1.179
201703 0.948 102.862 1.214
201706 0.975 103.349 1.243
201709 0.964 104.136 1.220
201712 0.990 104.011 1.254
201803 1.012 105.290 1.267
201806 1.055 106.317 1.308
201809 1.036 106.507 1.282
201812 0.968 105.998 1.203
201903 0.911 107.251 1.119
201906 0.894 108.070 1.090
201909 0.904 108.329 1.100
201912 0.834 108.420 1.014
202003 0.885 108.902 1.071
202006 0.900 108.767 1.090
202009 0.924 109.815 1.109
202012 0.973 109.897 1.167
202103 0.977 111.754 1.152
202106 1.033 114.631 1.188
202109 0.944 115.734 1.075
202112 1.028 117.630 1.152
202203 0.938 121.301 1.019
202206 0.918 125.017 0.968
202209 0.893 125.227 0.940
202212 0.905 125.222 0.952
202303 0.909 127.348 0.941
202306 0.920 128.729 0.942
202309 0.903 129.860 0.916
202312 0.895 129.419 0.911
202403 0.895 131.776 0.895

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.


Global Net Lease  (LTS:0IW3) 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.


Global Net Lease Cyclically Adjusted PS Ratio Related Terms

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


Global Net Lease (LTS:0IW3) Business Description

Industry
Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its real estate assets span the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, France, and Finland. The portfolio assets include office, industrial and distribution, retail, and other, with office buildings representing more than half of the properties.

Global Net Lease (LTS:0IW3) Headlines

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