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Bridgemarq Real Estate Services (TSX:BRE) Cyclically Adjusted PS Ratio : 3.34 (As of Jun. 01, 2024)


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What is Bridgemarq Real Estate Services Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Bridgemarq Real Estate Services's current share price is C$13.61. Bridgemarq Real Estate Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$4.08. Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio for today is 3.34.

The historical rank and industry rank for Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:BRE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.94   Med: 4.25   Max: 5.68
Current: 3.34

During the past years, Bridgemarq Real Estate Services's highest Cyclically Adjusted PS Ratio was 5.68. The lowest was 1.94. And the median was 4.25.

TSX:BRE's Cyclically Adjusted PS Ratio is ranked worse than
68.13% of 1371 companies
in the Real Estate industry
Industry Median: 1.72 vs TSX:BRE: 3.34

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.

Bridgemarq Real Estate Services's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.916. 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$4.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bridgemarq Real Estate Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bridgemarq Real Estate Services'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.

Bridgemarq Real Estate Services Cyclically Adjusted PS Ratio Chart

Bridgemarq Real Estate Services 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 4.26 4.39 4.54 3.33 3.27

Bridgemarq Real Estate Services 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 3.74 3.72 3.19 3.27 3.43

Competitive Comparison of Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Bridgemarq Real Estate Services'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.


Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio falls into.



Bridgemarq Real Estate Services 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.

Bridgemarq Real Estate Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.61/4.08
=3.34

* 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.

Bridgemarq Real Estate Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bridgemarq Real Estate Services'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)
=0.916/126.2576*126.2576
=0.916

Current CPI (Mar. 2024) = 126.2576.

Bridgemarq Real Estate Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.770 99.473 0.977
201409 0.843 99.394 1.071
201412 0.670 98.367 0.860
201503 0.660 99.789 0.835
201506 0.804 100.500 1.010
201509 0.903 100.421 1.135
201512 0.745 99.947 0.941
201603 0.733 101.054 0.916
201606 0.848 102.002 1.050
201609 0.981 101.765 1.217
201612 0.750 101.449 0.933
201703 0.812 102.634 0.999
201706 0.947 103.029 1.161
201709 0.955 103.345 1.167
201712 0.739 103.345 0.903
201803 0.817 105.004 0.982
201806 0.895 105.557 1.071
201809 0.870 105.636 1.040
201812 0.698 105.399 0.836
201903 0.790 106.979 0.932
201906 0.924 107.690 1.083
201909 0.915 107.611 1.074
201912 0.833 107.769 0.976
202003 0.868 107.927 1.015
202006 0.889 108.401 1.035
202009 1.132 108.164 1.321
202012 0.553 108.559 0.643
202103 1.022 110.298 1.170
202106 1.089 111.720 1.231
202109 0.970 112.905 1.085
202112 0.836 113.774 0.928
202203 1.048 117.646 1.125
202206 1.077 120.806 1.126
202209 0.954 120.648 0.998
202212 0.814 120.964 0.850
202303 0.936 122.702 0.963
202306 1.002 124.203 1.019
202309 0.999 125.230 1.007
202312 1.141 125.072 1.152
202403 0.916 126.258 0.916

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.


Bridgemarq Real Estate Services  (TSX:BRE) 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.


Bridgemarq Real Estate Services Cyclically Adjusted PS Ratio Related Terms

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


Bridgemarq Real Estate Services (TSX:BRE) Business Description

Traded in Other Exchanges
Address
39 Wynford Drive, Toronto, ON, CAN, M3C 3K5
Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. Its segment includes providing information and services to real estate agents and brokers in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services. The company's brands include Royal LePage and Via Capitale and Johnston and Daniel.

Bridgemarq Real Estate Services (TSX:BRE) Headlines

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