GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Retail REIT (ASX:CQR) » Definitions » PS Ratio

Charter Hall Retail REIT (ASX:CQR) PS Ratio : 9.05 (As of May. 12, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Charter Hall Retail REIT PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Charter Hall Retail REIT's share price is A$3.34. Charter Hall Retail REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.37. Hence, Charter Hall Retail REIT's PS Ratio for today is 9.05.

Good Sign:

Charter Hall Retail REIT stock PS Ratio (=9.13) is close to 2-year low of 8.42

The historical rank and industry rank for Charter Hall Retail REIT's PS Ratio or its related term are showing as below:

ASX:CQR' s PS Ratio Range Over the Past 10 Years
Min: 5.98   Med: 8.19   Max: 13.34
Current: 9.05

During the past 13 years, Charter Hall Retail REIT's highest PS Ratio was 13.34. The lowest was 5.98. And the median was 8.19.

ASX:CQR's PS Ratio is ranked worse than
71.46% of 827 companies
in the REITs industry
Industry Median: 6.53 vs ASX:CQR: 9.05

Charter Hall Retail REIT's Revenue per Sharefor the six months ended in Dec. 2023 was A$0.19. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.37.

Warning Sign:

Charter Hall Retail REIT revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Charter Hall Retail REIT was 3.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -9.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was -4.80% per year.

During the past 13 years, Charter Hall Retail REIT's highest 3-Year average Revenue per Share Growth Rate was 8.30% per year. The lowest was -18.00% per year. And the median was -5.50% per year.

Back to Basics: PS Ratio


Charter Hall Retail REIT PS Ratio Historical Data

The historical data trend for Charter Hall Retail REIT's 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.

Charter Hall Retail REIT PS Ratio Chart

Charter Hall Retail REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.92 7.61 11.34 10.86 9.86

Charter Hall Retail REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 10.86 - 9.86 -

Competitive Comparison of Charter Hall Retail REIT's PS Ratio

For the REIT - Retail subindustry, Charter Hall Retail REIT's PS Ratio, along with its competitors' market caps and 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.


Charter Hall Retail REIT's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Retail REIT's PS Ratio distribution charts can be found below:

* The bar in red indicates where Charter Hall Retail REIT's PS Ratio falls into.



Charter Hall Retail REIT PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Charter Hall Retail REIT's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3.34/0.369
=9.05

Charter Hall Retail REIT's Share Price of today is A$3.34.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Charter Hall Retail REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.37.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Charter Hall Retail REIT  (ASX:CQR) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Charter Hall Retail REIT PS Ratio Related Terms

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


Charter Hall Retail REIT (ASX:CQR) Business Description

Traded in Other Exchanges
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Retail Retail REIT owns and manages a portfolio of convenience focused retail properties, including neighbourhood and subregional shopping centres, service stations, and some retail logistics properties. The REIT is managed by Charter Hall, a listed, diversified fund manager and developer, which owns a minority stake in Charter Hall Retail REIT and frequently partners with it on acquisitions and developments. More than half of rental income comes from major tenants Woolworths, Coles, Wesfarmers, Ampol, and BP (the latter two occupy service station assets). The portfolio is more seasoned than some convenience rivals, with approximately 80% of supermarket tenants at or near thresholds for paying turnover-linked rent.

Charter Hall Retail REIT (ASX:CQR) Headlines

No Headlines