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Acadia Realty Trust (Acadia Realty Trust) Cyclically Adjusted PS Ratio : 4.69 (As of Apr. 27, 2024)


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What is Acadia Realty Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Acadia Realty Trust's current share price is $17.32. Acadia Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.69. Acadia Realty Trust's Cyclically Adjusted PS Ratio for today is 4.69.

The historical rank and industry rank for Acadia Realty Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

AKR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.02   Med: 7.97   Max: 11.52
Current: 4.71

During the past years, Acadia Realty Trust's highest Cyclically Adjusted PS Ratio was 11.52. The lowest was 3.02. And the median was 7.97.

AKR's Cyclically Adjusted PS Ratio is ranked better than
52.24% of 490 companies
in the REITs industry
Industry Median: 4.995 vs AKR: 4.71

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.

Acadia Realty Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.897. 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 $3.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acadia Realty Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acadia Realty 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.

Acadia Realty Trust Cyclically Adjusted PS Ratio Chart

Acadia Realty 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 8.22 4.52 6.42 3.97 4.60

Acadia Realty Trust 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 3.97 3.81 3.89 3.86 4.60

Competitive Comparison of Acadia Realty Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Acadia Realty 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.


Acadia Realty Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Acadia Realty Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Acadia Realty Trust's Cyclically Adjusted PS Ratio falls into.



Acadia Realty 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.

Acadia Realty Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.32/3.69
=4.69

* 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.

Acadia Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Acadia Realty Trust'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)
=0.897/129.4194*129.4194
=0.897

Current CPI (Dec. 2023) = 129.4194.

Acadia Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.833 99.695 1.081
201406 0.853 100.560 1.098
201409 0.798 100.428 1.028
201412 0.561 99.070 0.733
201503 0.768 99.621 0.998
201506 0.772 100.684 0.992
201509 0.824 100.392 1.062
201512 0.527 99.792 0.683
201603 0.675 100.470 0.869
201606 0.602 101.688 0.766
201609 0.558 101.861 0.709
201612 0.654 101.863 0.831
201703 0.741 102.862 0.932
201706 0.711 103.349 0.890
201709 0.749 104.136 0.931
201712 0.769 104.011 0.957
201803 0.757 105.290 0.930
201806 0.778 106.317 0.947
201809 0.803 106.507 0.976
201812 0.855 105.998 1.044
201903 0.902 107.251 1.088
201906 0.839 108.070 1.005
201909 0.864 108.329 1.032
201912 0.827 108.420 0.987
202003 0.821 108.902 0.976
202006 0.740 108.767 0.881
202009 0.594 109.815 0.700
202012 0.747 109.897 0.880
202103 0.790 111.754 0.915
202106 0.841 114.631 0.949
202109 0.813 115.734 0.909
202112 0.892 117.630 0.981
202203 0.873 121.301 0.931
202206 0.887 125.017 0.918
202209 0.839 125.227 0.867
202212 0.857 125.222 0.886
202303 0.860 127.348 0.874
202306 0.944 128.729 0.949
202309 0.854 129.860 0.851
202312 0.897 129.419 0.897

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.


Acadia Realty Trust  (NYSE:AKR) 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.


Acadia Realty Trust Cyclically Adjusted PS Ratio Related Terms

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


Acadia Realty Trust (Acadia Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
411 Theodore Fremd Avenue, Suite 300, Rye, NY, USA, 10580
Acadia Realty Trust is a real estate investment trust which specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company's portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.
Executives
John J. Gottfried officer: Senior Vice President/CFO C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVE., SUITE 300, RYE NY 10580
Jason Blacksberg officer: Sr. V.P. and General Counsel C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE. STE. 260, WHITE PLAINS NY 10605
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Joseph Napolitano officer: Sr. Vice President PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Douglas Ii Crocker director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Kenneth F Bernstein director, officer: President and CEO C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVENUE, SUITE 300, RYE NY 10580
C David Zoba director C/O GALYAN'S TRADING CO, 2437 EAST MAIN ST, PLAINFIELD IN 46168
Hope B Woodhouse director 1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
Wendy W Luscombe director 480 TAGHKANIC CHURCH TOWN ROAD, CRARYVILLE NY 12521
Mark A Denien director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Christopher Conlon officer: Executive Vice President C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE., SUITE 260, WHITE PLAINS NY 10605
Lorrence T Kellar director C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Mcintyre Kenneth A Jr director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Richard Hartmann officer: Senior Vice President C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE., SUITE 260, WHITE PLAINS NY 10605
Lynn C Thurber director JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601

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