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Chartwell Retirement Residences (TSX:CSH.UN) Cyclically Adjusted PS Ratio : 2.82 (As of May. 23, 2024)


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What is Chartwell Retirement Residences Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Chartwell Retirement Residences's current share price is C$12.36. Chartwell Retirement Residences's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$4.39. Chartwell Retirement Residences's Cyclically Adjusted PS Ratio for today is 2.82.

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

TSX:CSH.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.49   Max: 3.16
Current: 2.88

During the past years, Chartwell Retirement Residences's highest Cyclically Adjusted PS Ratio was 3.16. The lowest was 1.52. And the median was 2.49.

TSX:CSH.UN's Cyclically Adjusted PS Ratio is ranked better than
72.39% of 489 companies
in the REITs industry
Industry Median: 4.97 vs TSX:CSH.UN: 2.88

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.

Chartwell Retirement Residences's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.817. 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$4.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chartwell Retirement Residences Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chartwell Retirement Residences'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.

Chartwell Retirement Residences Cyclically Adjusted PS Ratio Chart

Chartwell Retirement Residences 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 2.89 2.41 2.59 1.86 2.68

Chartwell Retirement Residences 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 1.89 2.10 2.30 2.68 2.82

Competitive Comparison of Chartwell Retirement Residences's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Chartwell Retirement Residences'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.


Chartwell Retirement Residences's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chartwell Retirement Residences's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chartwell Retirement Residences's Cyclically Adjusted PS Ratio falls into.



Chartwell Retirement Residences 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.

Chartwell Retirement Residences's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.36/4.39
=2.82

* 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.

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

For example, Chartwell Retirement Residences'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)
=0.817/126.2576*126.2576
=0.817

Current CPI (Mar. 2024) = 126.2576.

Chartwell Retirement Residences Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.896 99.473 1.137
201409 0.912 99.394 1.158
201412 0.936 98.367 1.201
201503 0.910 99.789 1.151
201506 0.921 100.500 1.157
201509 0.959 100.421 1.206
201512 1.011 99.947 1.277
201603 1.013 101.054 1.266
201606 0.995 102.002 1.232
201609 1.004 101.765 1.246
201612 1.019 101.449 1.268
201703 1.003 102.634 1.234
201706 1.010 103.029 1.238
201709 1.064 103.345 1.300
201712 0.997 103.345 1.218
201803 0.980 105.004 1.178
201806 1.016 105.557 1.215
201809 1.039 105.636 1.242
201812 1.066 105.399 1.277
201903 1.051 106.979 1.240
201906 1.068 107.690 1.252
201909 1.074 107.611 1.260
201912 1.098 107.769 1.286
202003 1.085 107.927 1.269
202006 1.073 108.401 1.250
202009 1.087 108.164 1.269
202012 1.079 108.559 1.255
202103 0.798 110.298 0.913
202106 0.781 111.720 0.883
202109 0.727 112.905 0.813
202112 0.738 113.774 0.819
202203 0.731 117.646 0.785
202206 0.754 120.806 0.788
202209 0.771 120.648 0.807
202212 0.773 120.964 0.807
202303 0.754 122.702 0.776
202306 0.761 124.203 0.774
202309 0.775 125.230 0.781
202312 0.806 125.072 0.814
202403 0.817 126.258 0.817

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.


Chartwell Retirement Residences  (TSX:CSH.UN) 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.


Chartwell Retirement Residences Cyclically Adjusted PS Ratio Related Terms

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Chartwell Retirement Residences (TSX:CSH.UN) Business Description

Traded in Other Exchanges
Address
7070 Derrycrest Drive, Mississauga, ON, CAN, L5W 0G5
Chartwell Retirement Residences is an unincorporated open-ended real estate trust that is engaged in the ownership, operations, and management of retirement residences and long-term care homes in Canada. The company has two operating segments; The Retirement Operations segment includes retirement residences that the company owns and operates in Canada. The retirement residences provide services to residents at rates set by Chartwell based on the services provided and market conditions, and The Long-Term Care Operations segment consists of long-term care homes in Ontario, one of which has an adjacent retirement residence and Admission and funding for the long-term care homes is overseen by local government agencies in each province.

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