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Freehold Royalties (LTS:0UWL) Cyclically Adjusted PS Ratio : 7.69 (As of Jun. 12, 2024)


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What is Freehold Royalties Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Freehold Royalties's current share price is C$13.77. Freehold Royalties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.79. Freehold Royalties's Cyclically Adjusted PS Ratio for today is 7.69.

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

LTS:0UWL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 5.15   Max: 8.91
Current: 7.52

During the past years, Freehold Royalties's highest Cyclically Adjusted PS Ratio was 8.91. The lowest was 1.21. And the median was 5.15.

LTS:0UWL's Cyclically Adjusted PS Ratio is ranked worse than
95.27% of 761 companies
in the Oil & Gas industry
Industry Median: 0.88 vs LTS:0UWL: 7.52

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.

Freehold Royalties's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.491. 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 C$1.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freehold Royalties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Freehold Royalties'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.

Freehold Royalties Cyclically Adjusted PS Ratio Chart

Freehold Royalties 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 3.41 2.67 6.19 8.18 7.35

Freehold Royalties 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 7.50 6.98 7.74 7.35 7.95

Competitive Comparison of Freehold Royalties's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Freehold Royalties'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.


Freehold Royalties's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Freehold Royalties's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Freehold Royalties 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.

Freehold Royalties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.77/1.79
=7.69

* 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.

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

For example, Freehold Royalties'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)
=0.491/126.2576*126.2576
=0.491

Current CPI (Mar. 2024) = 126.2576.

Freehold Royalties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.799 99.473 1.014
201409 0.714 99.394 0.907
201412 0.584 98.367 0.750
201503 0.368 99.789 0.466
201506 0.424 100.500 0.533
201509 0.367 100.421 0.461
201512 0.342 99.947 0.432
201603 0.252 101.054 0.315
201606 0.302 102.002 0.374
201609 0.280 101.765 0.347
201612 0.338 101.449 0.421
201703 0.348 102.634 0.428
201706 0.325 103.029 0.398
201709 0.287 103.345 0.351
201712 0.325 103.345 0.397
201803 0.331 105.004 0.398
201806 0.339 105.557 0.405
201809 0.343 105.636 0.410
201812 0.209 105.399 0.250
201903 0.301 106.979 0.355
201906 0.299 107.690 0.351
201909 0.280 107.611 0.329
201912 0.305 107.769 0.357
202003 0.222 107.927 0.260
202006 0.124 108.401 0.144
202009 0.194 108.164 0.226
202012 0.217 108.559 0.252
202103 0.282 110.298 0.323
202106 0.344 111.720 0.389
202109 0.386 112.905 0.432
202112 0.497 113.774 0.552
202203 0.580 117.646 0.622
202206 0.718 120.806 0.750
202209 0.651 120.648 0.681
202212 0.654 120.964 0.683
202303 0.506 122.702 0.521
202306 0.488 124.203 0.496
202309 0.559 125.230 0.564
202312 0.524 125.072 0.529
202403 0.491 126.258 0.491

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.


Freehold Royalties  (LTS:0UWL) 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.


Freehold Royalties Cyclically Adjusted PS Ratio Related Terms

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


Freehold Royalties (LTS:0UWL) Business Description

Industry
Traded in Other Exchanges
Address
517 - 10 Avenue SW, Suite 1000, Calgary, AB, CAN, T2R 0A8
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota. The majority of its revenue is generated from Canada Segment.

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