GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Northwest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) » Definitions » Cyclically Adjusted PS Ratio

Northwest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) Cyclically Adjusted PS Ratio : 1.56 (As of May. 31, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Northwest Healthcare Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Northwest Healthcare Properties Real Estate Investment Trust's current share price is C$5.06. Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$3.24. Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 1.56.

The historical rank and industry rank for Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:NWH.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 3.17   Max: 4.08
Current: 1.57

During the past years, Northwest Healthcare Properties Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 4.08. The lowest was 1.19. And the median was 3.17.

TSX:NWH.UN's Cyclically Adjusted PS Ratio is ranked better than
86.97% of 491 companies
in the REITs industry
Industry Median: 4.94 vs TSX:NWH.UN: 1.57

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.

Northwest Healthcare Properties Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.543. 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$3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northwest Healthcare Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Northwest Healthcare Properties Real Estate Investment 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.

Northwest Healthcare Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Northwest Healthcare Properties Real Estate Investment 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 3.29 3.52 3.94 2.75 1.57

Northwest Healthcare Properties Real Estate Investment 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 2.46 1.84 1.51 1.57 1.45

Competitive Comparison of Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Northwest Healthcare Properties Real Estate Investment 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.


Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Northwest Healthcare Properties Real Estate Investment 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.

Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.06/3.24
=1.56

* 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.

Northwest Healthcare Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Northwest Healthcare Properties Real Estate Investment 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)
=0.543/126.2576*126.2576
=0.543

Current CPI (Mar. 2024) = 126.2576.

Northwest Healthcare Properties Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.270 99.473 0.343
201409 0.303 99.394 0.385
201412 0.296 98.367 0.380
201503 0.687 99.789 0.869
201506 0.847 100.500 1.064
201509 1.204 100.421 1.514
201512 1.213 99.947 1.532
201603 1.221 101.054 1.526
201606 1.037 102.002 1.284
201609 0.959 101.765 1.190
201612 1.178 101.449 1.466
201703 0.927 102.634 1.140
201706 0.836 103.029 1.024
201709 0.957 103.345 1.169
201712 0.836 103.345 1.021
201803 0.860 105.004 1.034
201806 0.826 105.557 0.988
201809 0.842 105.636 1.006
201812 0.861 105.399 1.031
201903 0.783 106.979 0.924
201906 0.777 107.690 0.911
201909 0.687 107.611 0.806
201912 0.596 107.769 0.698
202003 0.543 107.927 0.635
202006 0.514 108.401 0.599
202009 0.541 108.164 0.631
202012 0.528 108.559 0.614
202103 0.479 110.298 0.548
202106 0.419 111.720 0.474
202109 0.439 112.905 0.491
202112 0.430 113.774 0.477
202203 0.440 117.646 0.472
202206 0.470 120.806 0.491
202209 0.485 120.648 0.508
202212 0.495 120.964 0.517
202303 0.560 122.702 0.576
202306 0.521 124.203 0.530
202309 0.502 125.230 0.506
202312 0.510 125.072 0.515
202403 0.543 126.258 0.543

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.


Northwest Healthcare Properties Real Estate Investment Trust  (TSX:NWH.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.


Northwest Healthcare Properties Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


Northwest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) Business Description

Traded in Other Exchanges
Address
180 Dundas Street West, Suite 1100, Toronto, ON, CAN, M5G 1Z8
Northwest Healthcare Properties Real Estate Investment Trust owns, manages, and develops real estate with a dedicated focus on tenants in healthcare, research, life sciences, and education. It provides investors with access to a portfolio of high-quality healthcare real estate. The company operates in Australasia, Europe, and the Americas from which the Americas derives a majority of its revenue.

Northwest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) Headlines

No Headlines