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W.P. Carey (W.P. Carey) Cyclically Adjusted PS Ratio : 5.84 (As of Apr. 27, 2024)


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What is W.P. Carey Cyclically Adjusted PS Ratio?

As of today (2024-04-27), W.P. Carey's current share price is $55.03. W.P. Carey's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.42. W.P. Carey's Cyclically Adjusted PS Ratio for today is 5.84.

The historical rank and industry rank for W.P. Carey's Cyclically Adjusted PS Ratio or its related term are showing as below:

WPC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.4   Med: 8.36   Max: 11.31
Current: 5.94

During the past years, W.P. Carey's highest Cyclically Adjusted PS Ratio was 11.31. The lowest was 5.40. And the median was 8.36.

WPC's Cyclically Adjusted PS Ratio is ranked worse than
57.35% of 490 companies
in the REITs industry
Industry Median: 4.99 vs WPC: 5.94

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.

W.P. Carey's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.877. 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 $9.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


W.P. Carey Cyclically Adjusted PS Ratio Historical Data

The historical data trend for W.P. Carey'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.

W.P. Carey Cyclically Adjusted PS Ratio Chart

W.P. Carey 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 9.30 8.17 9.09 8.29 6.88

W.P. Carey 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 8.29 8.07 6.97 5.55 6.88

Competitive Comparison of W.P. Carey's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, W.P. Carey'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.


W.P. Carey's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, W.P. Carey's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where W.P. Carey's Cyclically Adjusted PS Ratio falls into.



W.P. Carey 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.

W.P. Carey's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.03/9.42
=5.84

* 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.

W.P. Carey's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, W.P. Carey'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)
=1.877/129.4194*129.4194
=1.877

Current CPI (Dec. 2023) = 129.4194.

W.P. Carey Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.315 99.695 3.005
201406 2.509 100.560 3.229
201409 1.948 100.428 2.510
201412 2.345 99.070 3.063
201503 2.077 99.621 2.698
201506 2.240 100.684 2.879
201509 2.019 100.392 2.603
201512 2.487 99.792 3.225
201603 2.540 100.470 3.272
201606 2.039 101.688 2.595
201609 2.096 101.861 2.663
201612 2.124 101.863 2.699
201703 2.033 102.862 2.558
201706 2.055 103.349 2.573
201709 1.949 104.136 2.422
201712 1.819 104.011 2.263
201803 1.865 105.290 2.292
201806 1.858 106.317 2.262
201809 1.934 106.507 2.350
201812 1.872 105.998 2.286
201903 1.782 107.251 2.150
201906 1.780 108.070 2.132
201909 1.844 108.329 2.203
201912 1.793 108.420 2.140
202003 1.781 108.902 2.117
202006 1.675 108.767 1.993
202009 1.726 109.815 2.034
202012 1.737 109.897 2.046
202103 1.758 111.754 2.036
202106 1.770 114.631 1.998
202109 1.751 115.734 1.958
202112 1.988 117.630 2.187
202203 1.811 121.301 1.932
202206 1.768 125.017 1.830
202209 1.880 125.227 1.943
202212 1.918 125.222 1.982
202303 2.015 127.348 2.048
202306 2.103 128.729 2.114
202309 2.084 129.860 2.077
202312 1.877 129.419 1.877

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.


W.P. Carey  (NYSE:WPC) 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.


W.P. Carey Cyclically Adjusted PS Ratio Related Terms

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


W.P. Carey (W.P. Carey) Business Description

Industry
Traded in Other Exchanges
Address
One Manhattan West, 395 9th Avenue, 58th Floor, New York, NY, USA, 10001
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. most of the company's revenue comes from properties in the USA. The company's Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.
Executives
Brian H Zander officer: Chief Accounting Officer C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Mark A Alexander director C/O W. P. CAREY INC., 395 9TH AVENUE, 58TH FLOOR, NEW YORK, NEW YORK NY 10001
Talma Stheeman Mechthild Elisabeth director C/O W. P. CAREY INC, ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Beier Constantin H. director C/O W. P. CAREY INC., ONE MANHATTAN WEST 395 9TH AVENUE, 58 FL, NEW YORK, NEW YORK NY 10001
Gino M. Sabatini officer: Managing Director C/O W. P. CAREY & CO. LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
John J Park officer: President C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox director, officer: CEO C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Arjun Mahalingam officer: Chief Accounting Officer C/O W. P. CAREY INC., 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Toniann Sanzone officer: CFO C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brooks G. Gordon officer: Managing Director C/O W. P. CAREY INC., 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Margaret G Lewis director 200 COMMERCE STREET, SMITHFIELD VA 23430
Robert J Flanagan director C/O SAGENT PHARMACEUTICALS, INC., 1901 NORTH ROSELLE ROAD, SUITE 700, SCHAUMBURG IL 60195
Peter Farrell director C/O W. P. CAREY INC., ONE MANHATTAN WEST,395 9TH AVENUE, 58 FL, NEW YORK NY 10001
Van Ommen Nick J.m. director C/O W. P. CAREY & CO. LLC, ONE MANHATTAN WEST, 395 9TH AVE. 58 FL, NEW YORK NY 10001