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Cousins Properties (Cousins Properties) Cyclically Adjusted PS Ratio : 4.24 (As of Jun. 09, 2024)


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What is Cousins Properties Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Cousins Properties's current share price is $22.80. Cousins Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.38. Cousins Properties's Cyclically Adjusted PS Ratio for today is 4.24.

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

CUZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.44   Max: 8.15
Current: 4.24

During the past years, Cousins Properties's highest Cyclically Adjusted PS Ratio was 8.15. The lowest was 2.27. And the median was 4.44.

CUZ's Cyclically Adjusted PS Ratio is ranked better than
56.5% of 492 companies
in the REITs industry
Industry Median: 4.875 vs CUZ: 4.24

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.

Cousins Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.373. 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 $5.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cousins Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cousins Properties'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.

Cousins Properties Cyclically Adjusted PS Ratio Chart

Cousins Properties 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 7.88 6.64 7.66 4.66 4.53

Cousins Properties 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 3.92 4.17 3.72 4.53 4.47

Competitive Comparison of Cousins Properties's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Cousins Properties'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.


Cousins Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Cousins Properties 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.

Cousins Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/5.38
=4.24

* 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.

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

For example, Cousins Properties'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)
=1.373/131.7762*131.7762
=1.373

Current CPI (Mar. 2024) = 131.7762.

Cousins Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.703 100.560 2.232
201409 1.696 100.428 2.225
201412 -1.434 99.070 -1.907
201503 1.697 99.621 2.245
201506 1.807 100.684 2.365
201509 1.814 100.392 2.381
201512 -1.563 99.792 -2.064
201603 0.909 100.470 1.192
201606 0.919 101.688 1.191
201609 0.926 101.861 1.198
201612 1.162 101.863 1.503
201703 1.166 102.862 1.494
201706 1.115 103.349 1.422
201709 1.059 104.136 1.340
201712 1.068 104.011 1.353
201803 1.096 105.290 1.372
201806 1.091 106.317 1.352
201809 1.111 106.507 1.375
201812 1.148 105.998 1.427
201903 1.242 107.251 1.526
201906 1.239 108.070 1.511
201909 1.268 108.329 1.542
201912 1.307 108.420 1.589
202003 1.305 108.902 1.579
202006 1.211 108.767 1.467
202009 1.234 109.815 1.481
202012 1.231 109.897 1.476
202103 1.274 111.754 1.502
202106 1.255 114.631 1.443
202109 1.269 115.734 1.445
202112 1.273 117.630 1.426
202203 1.254 121.301 1.362
202206 1.245 125.017 1.312
202209 1.287 125.227 1.354
202212 1.281 125.222 1.348
202303 1.335 127.348 1.381
202306 1.343 128.729 1.375
202309 1.308 129.860 1.327
202312 1.295 129.419 1.319
202403 1.373 131.776 1.373

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.


Cousins Properties  (NYSE:CUZ) 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.


Cousins Properties Cyclically Adjusted PS Ratio Related Terms

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


Cousins Properties (Cousins Properties) Business Description

Industry
Traded in Other Exchanges
Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.
Executives
Pamela F Roper officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Scott W Fordham director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Dionne Nelson director 3344 PEACHTREE ROAD, NE, SUITE 1800, ATLANTA GA 30326
Jane Kennedy Hicks officer: Executive VP, Investments 1820 PEACHTREE RD NW, #502, ATLANTA GA 30309
Hickson Richard G Iv officer: Executive Vice President 3344 PEACHTREE ROAD NE SUITE 1800, ATLANTA GA 30326
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Gellerstedt Lawrence L Iii officer: President-Office/Multi-Fam Div 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
John S Mccoll officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Edward Manuel Casal director 3344 PEACHTREE ROAD NE, STE 1800, ATLANTA GA 30326
S Taylor Glover director 3344 PEACHTREE ROAD NE STE 1800, ATLANTA 2Q 30326
Lillian C Giornelli director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326
Kelvin L. Davis director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Brenda J Mixson director P.O.BOX 697, ST. HELENA CA 94574
Charles T Cannada director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326