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American Campus Communities (American Campus Communities) Cyclically Adjusted PS Ratio : (As of May. 28, 2024)


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What is American Campus Communities Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Campus Communities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Campus Communities'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.

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American Campus Communities Cyclically Adjusted PS Ratio Chart

American Campus Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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American Campus Communities Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of American Campus Communities's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, American Campus Communities'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.


American Campus Communities's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where American Campus Communities's Cyclically Adjusted PS Ratio falls into.



American Campus Communities 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.

American Campus Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, American Campus Communities's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=1.948/121.3010*121.3010
=1.948

Current CPI (Mar. 2022) = 121.3010.

American Campus Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 1.340 96.819 1.679
201209 1.265 97.633 1.572
201212 1.457 96.871 1.824
201303 1.549 98.209 1.913
201306 1.454 98.518 1.790
201309 1.512 98.790 1.857
201312 1.734 98.326 2.139
201403 1.735 99.695 2.111
201406 1.628 100.560 1.964
201409 1.733 100.428 2.093
201412 1.856 99.070 2.272
201503 1.704 99.621 2.075
201506 1.574 100.684 1.896
201509 1.600 100.392 1.933
201512 1.768 99.792 2.149
201603 1.609 100.470 1.943
201606 1.417 101.688 1.690
201609 1.493 101.861 1.778
201612 1.534 101.863 1.827
201703 1.440 102.862 1.698
201706 1.330 103.349 1.561
201709 1.444 104.136 1.682
201712 1.658 104.011 1.934
201803 1.603 105.290 1.847
201806 1.461 106.317 1.667
201809 1.558 106.507 1.774
201812 1.783 105.998 2.040
201903 1.753 107.251 1.983
201906 1.566 108.070 1.758
201909 1.646 108.329 1.843
201912 1.849 108.420 2.069
202003 1.800 108.902 2.005
202006 1.348 108.767 1.503
202009 1.473 109.815 1.627
202012 1.678 109.897 1.852
202103 1.674 111.754 1.817
202106 1.510 114.631 1.598
202109 1.646 115.734 1.725
202112 1.891 117.630 1.950
202203 1.948 121.301 1.948

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.


American Campus Communities  (NYSE:ACC) 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.


American Campus Communities Cyclically Adjusted PS Ratio Related Terms

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American Campus Communities (American Campus Communities) Business Description

Traded in Other Exchanges
N/A
Address
12700 Hill Country Boulevard, Suite T-200, Austin, TX, USA, 78738
American Campus Communities Inc or ACC, is a real estate investment trust engaged in the acquisition, management, and development of student housing properties near universities and colleges throughout the United States. The company segments its activities into Owned properties, On-campus participating properties, Development services, and Property management services. The vast majority of ACC's real estate portfolio is made up of wholly-owned properties in terms of total units. The company also derives nearly all of its income in the form of rental revenue from leasing its wholly-owned real estate assets to students through short-term leases. ACC is one of the owners of student housing properties in the U.S. in terms of the total number of beds owned.
Executives
John T Rippel director 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Bayless William C Jr director, officer: President & CEO 12700 HILL COUNTRY BLVD. SUITE T-200 AUSTIN TX 78738
Wilhelm James E Iii officer: EVP PublicPrivate Transactions 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Lonnie Marietta Ledbetter officer: EVP, Chief Purpose & Inclusion 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Cardenas Jorge De officer: EVP & Chief Technology Officer 12700 HILL COUNTRY BLVD STE T200 AUSTIN TX 78738
Hopke James Clarence Jr officer: EVP, Proj. Mgmt & Construction 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Alison Hill director 12700 HILL COUNTRY BOULEVARD SUITE T-200 AUSTIN TX 78738
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Craig Leupold director 12700 HILL COUNTRY BOULEVARD SUITE T-200 AUSTIN TX 78738
Oliver Luck director 12700 HILL COUNTRY BLVD, STE T-200, AUSTIN TX 78738
Sublett Carla Pineyro director 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Mary Egan director 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Jennifer Beese officer: E.V.P, Operation & Leasing 12700 HILL COUNTRY BLVD SUITE T-200 AUSTIN TX 78738
Chandlee William Blakeley Iii director 2801 GREENLEE DRIVE AUSTIN TX 78703
Daniel Perry officer: Executive VP, Capital Markets 12700 HILL COUNTRY BLVD., SUITE T-200 AUSTIN TX 78733

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