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Chatham Lodging Trust (Chatham Lodging Trust) Cyclically Adjusted PS Ratio : 1.08 (As of Jun. 11, 2024)


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What is Chatham Lodging Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Chatham Lodging Trust's current share price is $8.27. Chatham Lodging Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.63. Chatham Lodging Trust's Cyclically Adjusted PS Ratio for today is 1.08.

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

CLDT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.57   Max: 2.52
Current: 1.12

During the past years, Chatham Lodging Trust's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.66. And the median was 1.57.

CLDT's Cyclically Adjusted PS Ratio is ranked better than
91.26% of 492 companies
in the REITs industry
Industry Median: 4.875 vs CLDT: 1.12

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.

Chatham Lodging Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.400. 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 $7.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chatham Lodging Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chatham Lodging 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.

Chatham Lodging Trust Cyclically Adjusted PS Ratio Chart

Chatham Lodging 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 2.56 1.53 1.88 1.65 1.42

Chatham Lodging Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.40 1.24 1.26 1.42 1.32

Competitive Comparison of Chatham Lodging Trust's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Chatham Lodging 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.


Chatham Lodging Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Chatham Lodging 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.

Chatham Lodging Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.27/7.63
=1.08

* 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.

Chatham Lodging Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chatham Lodging Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.4/131.7762*131.7762
=1.400

Current CPI (Mar. 2024) = 131.7762.

Chatham Lodging Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.761 100.560 2.308
201409 2.190 100.428 2.874
201412 1.529 99.070 2.034
201503 1.579 99.621 2.089
201506 1.875 100.684 2.454
201509 2.028 100.392 2.662
201512 1.741 99.792 2.299
201603 1.792 100.470 2.350
201606 2.027 101.688 2.627
201609 2.067 101.861 2.674
201612 1.806 101.863 2.336
201703 1.836 102.862 2.352
201706 2.055 103.349 2.620
201709 2.097 104.136 2.654
201712 1.570 104.011 1.989
201803 1.584 105.290 1.982
201806 1.853 106.317 2.297
201809 1.917 106.507 2.372
201812 1.648 105.998 2.049
201903 1.619 107.251 1.989
201906 1.871 108.070 2.281
201909 1.910 108.329 2.323
201912 1.582 108.420 1.923
202003 1.282 108.902 1.551
202006 0.430 108.767 0.521
202009 0.745 109.815 0.894
202012 0.629 109.897 0.754
202103 0.678 111.754 0.799
202106 1.033 114.631 1.188
202109 1.319 115.734 1.502
202112 1.176 117.630 1.317
202203 1.125 121.301 1.222
202206 1.668 125.017 1.758
202209 1.791 125.227 1.885
202212 1.430 125.222 1.505
202303 1.384 127.348 1.432
202306 1.725 128.729 1.766
202309 1.770 129.860 1.796
202312 1.479 129.419 1.506
202403 1.400 131.776 1.400

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.


Chatham Lodging Trust  (NYSE:CLDT) 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.


Chatham Lodging Trust Cyclically Adjusted PS Ratio Related Terms

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


Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.
Executives
Ethel Issacs Williams director 222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven officer: EVP & Chief Financial Officer 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher director, officer: Chairman, President and CEO 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins director 3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis officer: EVP & Chief Investment Officer 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr director C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner officer: Chief Financial Officer 8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust officer: Chief Financial Officer 222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger director
Julio E Morales officer: EVP, Chief Financial Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker director 433 PLAZA REAL STE 335, BOCA RATON FL 33432

Chatham Lodging Trust (Chatham Lodging Trust) Headlines