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Tejon Ranch Co (Tejon Ranch Co) Cyclically Adjusted PS Ratio : 7.49 (As of May. 30, 2024)


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What is Tejon Ranch Co Cyclically Adjusted PS Ratio?

As of today (2024-05-30), Tejon Ranch Co's current share price is $18.20. Tejon Ranch Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.43. Tejon Ranch Co's Cyclically Adjusted PS Ratio for today is 7.49.

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

TRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.35   Med: 8.13   Max: 17.68
Current: 7.41

During the past years, Tejon Ranch Co's highest Cyclically Adjusted PS Ratio was 17.68. The lowest was 5.35. And the median was 8.13.

TRC's Cyclically Adjusted PS Ratio is ranked worse than
91.91% of 445 companies
in the Conglomerates industry
Industry Median: 0.76 vs TRC: 7.41

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.

Tejon Ranch Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.276. 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 $2.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tejon Ranch Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tejon Ranch Co'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.

Tejon Ranch Co Cyclically Adjusted PS Ratio Chart

Tejon Ranch Co 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 6.78 6.22 8.22 7.60 7.03

Tejon Ranch Co 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 7.29 6.86 6.56 7.03 6.34

Competitive Comparison of Tejon Ranch Co's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Tejon Ranch Co'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.


Tejon Ranch Co's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tejon Ranch Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tejon Ranch Co's Cyclically Adjusted PS Ratio falls into.



Tejon Ranch Co 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.

Tejon Ranch Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.20/2.43
=7.49

* 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.

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

For example, Tejon Ranch Co'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)
=0.276/131.7762*131.7762
=0.276

Current CPI (Mar. 2024) = 131.7762.

Tejon Ranch Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.392 100.560 0.514
201409 0.651 100.428 0.854
201412 0.683 99.070 0.908
201503 0.780 99.621 1.032
201506 0.328 100.684 0.429
201509 0.559 100.392 0.734
201512 0.825 99.792 1.089
201603 0.605 100.470 0.794
201606 0.319 101.688 0.413
201609 0.608 101.861 0.787
201612 0.693 101.863 0.897
201703 0.273 102.862 0.350
201706 0.286 103.349 0.365
201709 0.570 104.136 0.721
201712 0.483 104.011 0.612
201803 0.519 105.290 0.650
201806 0.195 106.317 0.242
201809 0.594 106.507 0.735
201812 0.448 105.998 0.557
201903 0.410 107.251 0.504
201906 0.344 108.070 0.419
201909 0.368 108.329 0.448
201912 0.777 108.420 0.944
202003 0.393 108.902 0.476
202006 0.182 108.767 0.221
202009 0.514 109.815 0.617
202012 0.350 109.897 0.420
202103 0.419 111.754 0.494
202106 0.630 114.631 0.724
202109 0.564 115.734 0.642
202112 0.492 117.630 0.551
202203 0.794 121.301 0.863
202206 0.349 125.017 0.368
202209 1.186 125.227 1.248
202212 0.653 125.222 0.687
202303 0.460 127.348 0.476
202306 0.228 128.729 0.233
202309 0.381 129.860 0.387
202312 0.605 129.419 0.616
202403 0.276 131.776 0.276

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.


Tejon Ranch Co  (NYSE:TRC) 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.


Tejon Ranch Co Cyclically Adjusted PS Ratio Related Terms

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


Tejon Ranch Co (Tejon Ranch Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 1000, Tejon Ranch, CA, USA, 93243
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for its shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from Real estate—commercial/industrial segment.
Executives
Towerview Llc director, 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Brett A Brown officer: Executive Vice President / CFO C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Susan K Hori director 2046 VISTA CAJON, NEWPORT BEACH CA 92660
Marc William Hardy officer: SVP, General Counsel 28 ALDERBROOK, IRVINE CA 92604
Rhea Frawn Morgan director 31546 FLYING CLOUD DRIVE, LAGUNA NIGUEL CA 92677
Dt Four Partners, Llc director, 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jeannie Lynn Fuller director 6218 DE LA GUERRA TERRACE, BAKERSFIELD CA 93306
Michael H Winer director 8235 MANJARES, MONTEREY CA 93940
Geoffrey L Stack director
Frederick C Tuomi director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Joseph N Rentfro officer: Executive VP- Real Estate P.O. BOX 1000, TEJON RANCH CA 93243
Mcmahon Hugh F. Iv officer: Senior Vice President - RE 4436 LEBEC RD., P.O. BOX 1000, TEJON RANCH CA 93243
Gregory S. Bielli director, officer: President/CEO P.O. BOX 1000, LEBEC CA 93243
Allen E Lyda officer: Vice President / CFO
Steven A. Betts director 3300 NORTH THIRD AVE., PHOENIX AZ 85013

Tejon Ranch Co (Tejon Ranch Co) Headlines

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Tejon Ranch Co. Names New Chief Financial Officer

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