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VICI Properties (VICI Properties) Cyclically Adjusted PS Ratio : 15.03 (As of Jun. 11, 2024)


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What is VICI Properties Cyclically Adjusted PS Ratio?

As of today (2024-06-11), VICI Properties's current share price is $28.11. VICI Properties's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $1.87. VICI Properties's Cyclically Adjusted PS Ratio for today is 15.03.

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

VICI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.17   Med: 15.93   Max: 16.94
Current: 15.17

During the past 10 years, VICI Properties's highest Cyclically Adjusted PS Ratio was 16.94. The lowest was 15.17. And the median was 15.93.

VICI's Cyclically Adjusted PS Ratio is ranked worse than
94.51% of 492 companies
in the REITs industry
Industry Median: 4.875 vs VICI: 15.17

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.

VICI Properties's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $3.556. 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 $1.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VICI Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VICI 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.

VICI Properties Cyclically Adjusted PS Ratio Chart

VICI 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 - - - - 17.05

VICI 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 - - - 17.05 -

Competitive Comparison of VICI Properties's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, VICI 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.


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

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

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



VICI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.11/1.87
=15.03

* 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.

VICI Properties's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, VICI Properties's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.556/129.4194*129.4194
=3.556

Current CPI (Dec23) = 129.4194.

VICI Properties Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.052 99.070 0.068
201512 0.050 99.792 0.065
201612 0.052 101.863 0.066
201712 0.615 104.011 0.765
201812 2.445 105.998 2.985
201912 2.038 108.420 2.433
202012 2.399 109.897 2.825
202112 2.616 117.630 2.878
202212 2.956 125.222 3.055
202312 3.556 129.419 3.556

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.


VICI Properties  (NYSE:VICI) 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.


VICI Properties Cyclically Adjusted PS Ratio Related Terms

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


VICI Properties (VICI Properties) Business Description

Industry
Traded in Other Exchanges
Address
535 Madison Avenue, 20th Floor, New York, NY, USA, 10022
VICI Properties Inc is a real estate investment trust based in the US. It acts as an owner, acquirer, and developer of real estate assets across gaming, hospitality, entertainment and leisure destinations. The company's operating segments are real property business and golf course business. The Real property business segment consists of the leased real property whereas the Golf course business segment consists of several golf courses. Its golf courses include the Cascata golf course, the Rio Secco golf course, the Grand Bear golf course and the Chariot Run golf course.
Executives
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Gabriel Wasserman officer: Chief Accounting Officer 430 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Samantha Sacks Gallagher officer: See Remarks C/O VICI PROPERTIES INC., 535 MADISON AVE 20TH FL, NEW YORK NY 10022
Payne John W R director, officer: President and COO 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
James R Abrahamson director C/O MARCUS CORP, 100 EAST WISCONSIN AVE, SUITE 1900, MILWAUKEE WI 53202-4125
Edward Baltazar Pitoniak director, officer: Chief Executive Officer C/O VICI PROPERTIES INC., 535 MADISON AVENUE 20TH FL, NEW YORK NY 10022
David Andrew Kieske officer: Chief Financial Officer C/O VICI PROPERTIES INC., 535 MADISON AVENUE 20TH FL, NEW YORK NY 10022
Monica Howard Douglas director 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kenneth J. Kuick officer: Chief Accounting Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Eric L Hausler director C/O TRUMP ENTERTAINMENT RESORTS, 1000 BOARDWALK, ATLANTIC CITY NJ 08401
Elizabeth I Holland director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Craig Macnab director C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Mary Elizabeth Higgins director, officer: Chief Financial Officer 3525 E. POST ROAD #120, LAS VEGAS NV 89120

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