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Whitestone REIT (Whitestone REIT) Cyclically Adjusted PS Ratio : 3.06 (As of Apr. 27, 2024)


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What is Whitestone REIT Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Whitestone REIT's current share price is $11.37. Whitestone REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.72. Whitestone REIT's Cyclically Adjusted PS Ratio for today is 3.06.

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

WSR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.4   Max: 3.64
Current: 3.06

During the past years, Whitestone REIT's highest Cyclically Adjusted PS Ratio was 3.64. The lowest was 1.26. And the median was 2.40.

WSR's Cyclically Adjusted PS Ratio is ranked better than
70% of 490 companies
in the REITs industry
Industry Median: 4.995 vs WSR: 3.06

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.

Whitestone REIT's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.721. 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 $3.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Whitestone REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Whitestone REIT'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.

Whitestone REIT Cyclically Adjusted PS Ratio Chart

Whitestone REIT 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 3.20 2.19 2.77 2.57 3.30

Whitestone REIT 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 2.57 2.44 2.57 2.56 3.30

Competitive Comparison of Whitestone REIT's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Whitestone REIT'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.


Whitestone REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Whitestone REIT's Cyclically Adjusted PS Ratio falls into.



Whitestone REIT 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.

Whitestone REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.37/3.72
=3.06

* 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.

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

For example, Whitestone REIT'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)
=0.721/129.4194*129.4194
=0.721

Current CPI (Dec. 2023) = 129.4194.

Whitestone REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.792 99.695 1.028
201406 0.769 100.560 0.990
201409 0.817 100.428 1.053
201412 0.797 99.070 1.041
201503 0.915 99.621 1.189
201506 0.939 100.684 1.207
201509 0.908 100.392 1.171
201512 0.883 99.792 1.145
201603 0.925 100.470 1.192
201606 0.913 101.688 1.162
201609 0.879 101.861 1.117
201612 0.962 101.863 1.222
201703 0.930 102.862 1.170
201706 0.827 103.349 1.036
201709 0.872 104.136 1.084
201712 0.859 104.011 1.069
201803 0.743 105.290 0.913
201806 0.725 106.317 0.883
201809 0.756 106.507 0.919
201812 0.732 105.998 0.894
201903 0.731 107.251 0.882
201906 0.724 108.070 0.867
201909 0.721 108.329 0.861
201912 0.707 108.420 0.844
202003 0.711 108.902 0.845
202006 0.645 108.767 0.767
202009 0.688 109.815 0.811
202012 0.828 109.897 0.975
202103 0.683 111.754 0.791
202106 0.697 114.631 0.787
202109 0.675 115.734 0.755
202112 0.653 117.630 0.718
202203 0.686 121.301 0.732
202206 0.697 125.017 0.722
202209 0.713 125.227 0.737
202212 0.708 125.222 0.732
202303 0.721 127.348 0.733
202306 0.730 128.729 0.734
202309 0.741 129.860 0.738
202312 0.721 129.419 0.721

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.


Whitestone REIT  (NYSE:WSR) 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.


Whitestone REIT Cyclically Adjusted PS Ratio Related Terms

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


Whitestone REIT (Whitestone REIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 500, Houston, TX, USA, 77063
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.
Executives
Julia Bruns Buthman director 5414 BELMONT AVE., DALLAS TX 75206
Amy Shih-hua Feng director 305 2ND AVENUE, APT 534, NEW YORK NY 10003
Christine J Mastandrea officer: VP Strategy & Mkt Research 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Soklin Siv officer: VP of Human Resources 4506 LAKE BARDWELL CT., RICHMOND TX 77406
John Scott Hogan officer: Chief Financial Officer 2311 SUN SHADOW LN, SPRING TX 77386
Peter Tropoli officer: General Counsel
Jeffrey Alan Jones director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
James C Mastandrea director, officer: CHAIRMAN & CEO 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
David F. Taylor director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Najeeb A Khan director PO BOX 1602, SOUTH BEND IN 46634
Nandita Berry director 2600 SOUTH GESSNER, SUITE 500, HOUSTON TX 77063
Paul T Lambert director
David K Holeman officer: CHIEF FINANCIAL OFFICER 20 GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
John J Dee officer: CHIEF OPERATING OFFICER
Kyle A Miller officer: Vice President of Operations 2600 SOUTH GESSNER ROAD SUITE 500, HOUSTON TX 77063

Whitestone REIT (Whitestone REIT) Headlines