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Medical Properties Trust (STU:M3P) Cyclically Adjusted PS Ratio : 2.08 (As of Jun. 09, 2024)


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What is Medical Properties Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Medical Properties Trust's current share price is €4.958. Medical Properties Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.38. Medical Properties Trust's Cyclically Adjusted PS Ratio for today is 2.08.

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

STU:M3P' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 8.37   Max: 12.85
Current: 2.12

During the past years, Medical Properties Trust's highest Cyclically Adjusted PS Ratio was 12.85. The lowest was 1.23. And the median was 8.37.

STU:M3P's Cyclically Adjusted PS Ratio is ranked better than
80.49% of 492 companies
in the REITs industry
Industry Median: 4.875 vs STU:M3P: 2.12

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.

Medical Properties Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.416. 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 €2.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Properties Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Medical Properties Trust'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.

Medical Properties Trust Cyclically Adjusted PS Ratio Chart

Medical Properties Trust 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 11.23 10.84 10.42 4.49 1.96

Medical Properties Trust 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 3.25 3.61 2.11 1.96 1.85

Competitive Comparison of Medical Properties Trust's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Medical Properties Trust'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.


Medical Properties Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Medical Properties Trust 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.

Medical Properties Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.958/2.38
=2.08

* 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.

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

For example, Medical Properties Trust'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)
=0.416/131.7762*131.7762
=0.416

Current CPI (Mar. 2024) = 131.7762.

Medical Properties Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.327 100.560 0.429
201409 0.363 100.428 0.476
201412 0.386 99.070 0.513
201503 0.435 99.621 0.575
201506 0.426 100.684 0.558
201509 0.456 100.392 0.599
201512 0.510 99.792 0.673
201603 0.510 100.470 0.669
201606 0.470 101.688 0.609
201609 0.456 101.861 0.590
201612 0.454 101.863 0.587
201703 0.455 102.862 0.583
201706 0.424 103.349 0.541
201709 0.406 104.136 0.514
201712 0.475 104.011 0.602
201803 0.455 105.290 0.569
201806 0.473 106.317 0.586
201809 0.461 106.507 0.570
201812 0.432 105.998 0.537
201903 0.418 107.251 0.514
201906 0.431 108.070 0.526
201909 0.463 108.329 0.563
201912 0.466 108.420 0.566
202003 0.510 108.902 0.617
202006 0.490 108.767 0.594
202009 0.525 109.815 0.630
202012 0.510 109.897 0.612
202103 0.528 111.754 0.623
202106 0.538 114.631 0.618
202109 0.556 115.734 0.633
202112 0.607 117.630 0.680
202203 0.621 121.301 0.675
202206 0.632 125.017 0.666
202209 0.594 125.227 0.625
202212 0.601 125.222 0.632
202303 0.547 127.348 0.566
202306 0.520 128.729 0.532
202309 0.480 129.860 0.487
202312 -0.187 129.419 -0.190
202403 0.416 131.776 0.416

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.


Medical Properties Trust  (STU:M3P) 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.


Medical Properties Trust Cyclically Adjusted PS Ratio Related Terms

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


Medical Properties Trust (STU:M3P) Business Description

Traded in Other Exchanges
Address
1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242
Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.

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