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Corem Property Group AB (LTS:0PT3) Cyclically Adjusted PS Ratio : 3.37 (As of Jun. 10, 2024)


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What is Corem Property Group AB Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Corem Property Group AB's current share price is kr31.39796. Corem Property Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr9.33. Corem Property Group AB's Cyclically Adjusted PS Ratio for today is 3.37.

The historical rank and industry rank for Corem Property Group AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0PT3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 7.41   Max: 17.3
Current: 2.78

During the past years, Corem Property Group AB's highest Cyclically Adjusted PS Ratio was 17.30. The lowest was 1.98. And the median was 7.41.

LTS:0PT3's Cyclically Adjusted PS Ratio is ranked worse than
62.55% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs LTS:0PT3: 2.78

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.

Corem Property Group AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr0.871. 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 kr9.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corem Property Group AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corem Property Group AB'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.

Corem Property Group AB Cyclically Adjusted PS Ratio Chart

Corem Property Group AB 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 14.58 9.44 14.07 3.64 3.31

Corem Property Group AB 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 2.64 1.98 2.13 3.31 3.37

Competitive Comparison of Corem Property Group AB's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Corem Property Group AB'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.


Corem Property Group AB's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corem Property Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Corem Property Group AB's Cyclically Adjusted PS Ratio falls into.



Corem Property Group AB 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.

Corem Property Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.39796/9.33
=3.37

* 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.

Corem Property Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Corem Property Group AB'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)
=0.871/132.2054*132.2054
=0.871

Current CPI (Mar. 2024) = 132.2054.

Corem Property Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.376 100.432 0.495
201409 0.380 100.161 0.502
201412 0.365 100.225 0.481
201503 0.374 99.950 0.495
201506 0.382 99.995 0.505
201509 0.362 100.228 0.477
201512 0.434 100.276 0.572
201603 0.355 100.751 0.466
201606 0.430 101.019 0.563
201609 0.452 101.138 0.591
201612 0.588 102.022 0.762
201703 0.607 102.022 0.787
201706 0.601 102.752 0.773
201709 0.603 103.279 0.772
201712 0.609 103.793 0.776
201803 0.636 103.962 0.809
201806 0.653 104.875 0.823
201809 0.640 105.679 0.801
201812 0.717 105.912 0.895
201903 0.741 105.886 0.925
201906 0.741 106.742 0.918
201909 0.574 107.214 0.708
201912 0.582 107.766 0.714
202003 0.648 106.563 0.804
202006 0.626 107.498 0.770
202009 0.647 107.635 0.795
202012 0.682 108.296 0.833
202103 0.752 108.360 0.917
202106 0.830 108.928 1.007
202109 1.004 110.338 1.203
202112 1.102 112.486 1.295
202203 1.013 114.825 1.166
202206 1.010 118.384 1.128
202209 1.032 122.296 1.116
202212 1.091 126.365 1.141
202303 1.086 127.042 1.130
202306 0.972 129.407 0.993
202309 0.934 130.224 0.948
202312 0.935 131.912 0.937
202403 0.871 132.205 0.871

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.


Corem Property Group AB  (LTS:0PT3) 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.


Corem Property Group AB Cyclically Adjusted PS Ratio Related Terms

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


Corem Property Group AB (LTS:0PT3) Business Description

Address
Riddargatan 13 C Vaxel, Box 560 85, Stockholm, SWE, 102 17
Corem Property Group AB is engaged in the acquisition, management, development, and renewal of industrial, storage, logistical and commercial real estates in Sweden and Denmark. Its activities are divided into five geographical regions namely Stockholm, South, West, Smaland, and Malardalen.

Corem Property Group AB (LTS:0PT3) Headlines

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