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Healthcare Realty Trust (Healthcare Realty Trust) Cyclically Adjusted PS Ratio : 3.20 (As of Apr. 27, 2024)


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What is Healthcare Realty Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Healthcare Realty Trust's current share price is $14.14. Healthcare Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.42. Healthcare Realty Trust's Cyclically Adjusted PS Ratio for today is 3.20.

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

HR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.98   Med: 7.27   Max: 9.55
Current: 3.2

During the past years, Healthcare Realty Trust's highest Cyclically Adjusted PS Ratio was 9.55. The lowest was 2.98. And the median was 7.27.

HR's Cyclically Adjusted PS Ratio is ranked better than
68.78% of 490 companies
in the REITs industry
Industry Median: 4.995 vs HR: 3.20

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.

Healthcare Realty Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.872. 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 $4.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthcare Realty Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Healthcare 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.

Healthcare Realty Trust Cyclically Adjusted PS Ratio Chart

Healthcare 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 8.41 7.33 7.47 4.38 3.89

Healthcare 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 4.38 4.35 4.23 3.41 3.89

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

For the REIT - Healthcare Facilities subindustry, Healthcare 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.


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

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

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



Healthcare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.14/4.42
=3.20

* 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.

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

For example, Healthcare 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)
=0.872/129.4194*129.4194
=0.872

Current CPI (Dec. 2023) = 129.4194.

Healthcare Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.948 99.695 1.231
201406 0.955 100.560 1.229
201409 0.962 100.428 1.240
201412 0.968 99.070 1.265
201503 0.973 99.621 1.264
201506 0.968 100.684 1.244
201509 0.967 100.392 1.247
201512 0.982 99.792 1.274
201603 0.979 100.470 1.261
201606 0.980 101.688 1.247
201609 0.901 101.861 1.145
201612 0.915 101.863 1.163
201703 0.906 102.862 1.140
201706 0.910 103.349 1.140
201709 0.898 104.136 1.116
201712 0.874 104.011 1.088
201803 0.909 105.290 1.117
201806 0.905 106.317 1.102
201809 0.920 106.507 1.118
201812 0.917 105.998 1.120
201903 0.907 107.251 1.094
201906 0.912 108.070 1.092
201909 0.935 108.329 1.117
201912 0.918 108.420 1.096
202003 0.937 108.902 1.114
202006 0.925 108.767 1.101
202009 0.932 109.815 1.098
202012 0.934 109.897 1.100
202103 0.939 111.754 1.087
202106 0.925 114.631 1.044
202109 0.950 115.734 1.062
202112 0.934 117.630 1.028
202203 0.959 121.301 1.023
202206 0.971 125.017 1.005
202209 0.923 125.227 0.954
202212 0.888 125.222 0.918
202303 0.879 127.348 0.893
202306 0.892 128.729 0.897
202309 0.903 129.860 0.900
202312 0.872 129.419 0.872

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.


Healthcare Realty Trust  (NYSE:HR) 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.


Healthcare Realty Trust Cyclically Adjusted PS Ratio Related Terms

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


Healthcare Realty Trust (Healthcare Realty Trust) Business Description

Traded in Other Exchanges
Address
3310 West End Avenue, Suite 700, Nashville, TN, USA, 37203
Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.
Executives
Robert E Hull officer: EVP - Investments 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Julie F. Wilson officer: EVP - Operations 3310 WEST END AVENUE, SUITE 700, ATTENTION: ANDREW LOOPE, NASHVILLE TN 37203
John Knox Singleton director
Kilroy James Joseph Iv director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
Ajay Gupta director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Bryant John M Jr officer: EVP and General Counsel 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
J Christopher Douglas officer: EVP and CFO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Amanda L Callaway officer: SVP & Chief Accounting Officer 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Todd J Meredith director, officer: President and CEO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Christann M Vasquez director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Lyle Peter F Sr director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
John V Abbott director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Reshma Block director 16435 N SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254