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Property & Building (XTAE:PTBL) Cyclically Adjusted PS Ratio : 1.17 (As of Jun. 10, 2024)


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What is Property & Building Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Property & Building's current share price is ₪170.60. Property & Building's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₪145.22. Property & Building's Cyclically Adjusted PS Ratio for today is 1.17.

The historical rank and industry rank for Property & Building's Cyclically Adjusted PS Ratio or its related term are showing as below:

XTAE:PTBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.7   Max: 3.25
Current: 1.19

During the past years, Property & Building's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 0.81. And the median was 1.70.

XTAE:PTBL's Cyclically Adjusted PS Ratio is ranked better than
59.55% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs XTAE:PTBL: 1.19

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.

Property & Building's adjusted revenue per share data for the three months ended in Dec. 2023 was ₪49.486. 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 ₪145.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Property & Building Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Property & Building'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.

Property & Building Cyclically Adjusted PS Ratio Chart

Property & Building 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 - 2.18 3.11 1.30 1.52

Property & Building Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.30 1.13 1.09 1.15 1.52

Competitive Comparison of Property & Building's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Property & Building'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.


Property & Building's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Property & Building's Cyclically Adjusted PS Ratio falls into.



Property & Building 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.

Property & Building's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=170.60/145.22
=1.17

* 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.

Property & Building's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Property & Building's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=49.486/129.4194*129.4194
=49.486

Current CPI (Dec. 2023) = 129.4194.

Property & Building Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 29.938 99.695 38.864
201406 48.839 100.560 62.855
201409 46.508 100.428 59.934
201412 41.366 99.070 54.038
201503 39.943 99.621 51.891
201506 33.243 100.684 42.731
201509 51.674 100.392 66.615
201512 38.486 99.792 49.912
201603 37.090 100.470 47.777
201606 43.394 101.688 55.228
201609 57.838 101.861 73.486
201612 52.197 101.863 66.318
201703 49.976 102.862 62.879
201706 53.736 103.349 67.291
201709 51.608 104.136 64.138
201712 -41.535 104.011 -51.681
201803 57.955 105.290 71.237
201806 53.696 106.317 65.364
201809 37.175 106.507 45.172
201812 14.711 105.998 17.962
201903 25.900 107.251 31.254
201906 29.903 108.070 35.811
201909 24.433 108.329 29.190
201912 -25.572 108.420 -30.525
202003 16.799 108.902 19.964
202006 15.055 108.767 17.914
202009 8.625 109.815 10.165
202012 -6.865 109.897 -8.085
202103 2.714 111.754 3.143
202106 0.000 114.631 0.000
202109 0.948 115.734 1.060
202112 1.751 117.630 1.927
202203 7.443 121.301 7.941
202206 24.659 125.017 25.527
202209 24.249 125.227 25.061
202212 74.144 125.222 76.629
202303 46.414 127.348 47.169
202306 32.110 128.729 32.282
202309 28.030 129.860 27.935
202312 49.486 129.419 49.486

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.


Property & Building  (XTAE:PTBL) 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.


Property & Building Cyclically Adjusted PS Ratio Related Terms

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


Property & Building (XTAE:PTBL) Business Description

Traded in Other Exchanges
N/A
Address
114 Yigal Alon Street, ToHa Tower, 27th Floor, Tel Aviv, ISR, 6744130
Property & Building Corp Ltd is an Israel-based construction company. Its principal activities are an investment in income-producing properties, Gav-Yam and residential construction in Israel and other regions, such as the United States, India, Eastern Europe, Western Europe, and the United Kingdom. PBC invests in various fields of real estate, agriculture, leisure, and sports. The company operates the real estate business through the company itself and through its subsidiaries, including Bayside Land, Hadarim Properties, Naveh-Gad Building Development, Israeli Properties Rental, and others.

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