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


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What is Education Realty Trust Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Education Realty Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Education 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.

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Education Realty Trust Cyclically Adjusted PS Ratio Chart

Education Realty Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Education Realty Trust Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Education Realty Trust's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Education 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.


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

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

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



Education 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.

Education Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Education Realty Trust's adjusted Revenue per Share data for the three months ended in Jun. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=0.989/106.3168*106.3168
=0.989

Current CPI (Jun. 2018) = 106.3168.

Education Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200809 3.402 92.307 3.918
200812 1.812 88.697 2.172
200903 3.428 89.744 4.061
200906 3.237 91.003 3.782
200909 2.034 91.120 2.373
200912 1.032 91.111 1.204
201003 1.492 91.821 1.728
201006 1.404 91.962 1.623
201009 1.566 92.162 1.807
201012 1.112 92.474 1.278
201103 1.278 94.283 1.441
201106 1.223 95.235 1.365
201109 1.146 95.727 1.273
201112 0.801 95.213 0.894
201203 1.116 96.783 1.226
201206 1.009 96.819 1.108
201209 0.949 97.633 1.033
201212 0.989 96.871 1.085
201303 1.169 98.209 1.266
201306 1.076 98.518 1.161
201309 1.136 98.790 1.223
201312 1.392 98.326 1.505
201403 1.410 99.695 1.504
201406 1.287 100.560 1.361
201409 1.161 100.428 1.229
201412 1.384 99.070 1.485
201503 1.322 99.621 1.411
201506 1.174 100.684 1.240
201509 1.199 100.392 1.270
201512 1.404 99.792 1.496
201603 1.165 100.470 1.233
201606 0.954 101.688 0.997
201609 0.905 101.861 0.945
201612 1.145 101.863 1.195
201703 1.163 102.862 1.202
201706 1.003 103.349 1.032
201709 1.023 104.136 1.044
201712 1.255 104.011 1.283
201803 1.188 105.290 1.200
201806 0.989 106.317 0.989

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.


Education Realty Trust  (NYSE:EDR) 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.


Education Realty Trust Cyclically Adjusted PS Ratio Related Terms

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Education Realty Trust (Education Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Education Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of collegiate housing communities located near university campuses throughout the United States. In terms of the total number of residential communities and the total number of beds, the majority of the company's real estate portfolio is located in the Mid-Atlantic and South Central regions of the United States. Nearly all of Education Realty's revenue is derived from short-term collegiate housing leases. Most of this revenue is generated by the company's holdings in the Mid-Atlantic and South Central regions. Real estate markets surrounding universities in Kentucky and Texas represent some of Education Realty's largest individual markets.
Executives
John T Thomas director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Brewer Edwin B Jr officer: Executive VP and CFO C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Randy L Churchey director, officer: Chairman and CEO 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
John V Arabia director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Kimberly Schaefer director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Randall H Brown officer: Exec. VP, CFO and Treasurer 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211

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