GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Social Infrastructure REIT (ASX:CQE) » Definitions » Cyclically Adjusted PS Ratio

Charter Hall Social Infrastructure REIT (ASX:CQE) Cyclically Adjusted PS Ratio : 8.19 (As of May. 15, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Charter Hall Social Infrastructure REIT Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Charter Hall Social Infrastructure REIT's current share price is A$2.54. Charter Hall Social Infrastructure REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was A$0.31. Charter Hall Social Infrastructure REIT's Cyclically Adjusted PS Ratio for today is 8.19.

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

ASX:CQE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.07   Med: 10.63   Max: 15.3
Current: 8.23

During the past 13 years, Charter Hall Social Infrastructure REIT's highest Cyclically Adjusted PS Ratio was 15.30. The lowest was 6.07. And the median was 10.63.

ASX:CQE's Cyclically Adjusted PS Ratio is ranked worse than
72.39% of 489 companies
in the REITs industry
Industry Median: 4.97 vs ASX:CQE: 8.23

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.

Charter Hall Social Infrastructure REIT's adjusted revenue per share data of for the fiscal year that ended in Jun23 was A$0.315. 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 A$0.31 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charter Hall Social Infrastructure REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Charter Hall Social Infrastructure REIT'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.

Charter Hall Social Infrastructure REIT Cyclically Adjusted PS Ratio Chart

Charter Hall Social Infrastructure REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.64 8.95 12.95 11.70 9.56

Charter Hall Social Infrastructure REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 11.70 - 9.56 -

Competitive Comparison of Charter Hall Social Infrastructure REIT's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Charter Hall Social Infrastructure REIT'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.


Charter Hall Social Infrastructure REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Charter Hall Social Infrastructure REIT's Cyclically Adjusted PS Ratio falls into.



Charter Hall Social Infrastructure REIT 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.

Charter Hall Social Infrastructure REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.54/0.31
=8.19

* 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.

Charter Hall Social Infrastructure REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Charter Hall Social Infrastructure REIT's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.315/124.1700*124.1700
=0.315

Current CPI (Jun23) = 124.1700.

Charter Hall Social Infrastructure REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.232 98.352 0.293
201506 0.240 99.838 0.298
201606 0.244 100.859 0.300
201706 0.262 102.809 0.316
201806 0.283 104.945 0.335
201906 0.284 106.617 0.331
202006 0.270 106.246 0.316
202106 0.244 110.332 0.275
202206 0.280 117.112 0.297
202306 0.315 124.170 0.315

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.


Charter Hall Social Infrastructure REIT  (ASX:CQE) 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.


Charter Hall Social Infrastructure REIT Cyclically Adjusted PS Ratio Related Terms

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


Charter Hall Social Infrastructure REIT (ASX:CQE) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Social Infrastructure REIT is the listed childcare REIT in Australia and New Zealand. It owns more than 300 properties in Australia and New Zealand. Leases are generally triple-net, where the tenant pays for outgoings including maintenance and most capital expenditure, with an initial term of 15 years plus two five-year options. The company is managed by ASX-listed Charter Hall Group.

Charter Hall Social Infrastructure REIT (ASX:CQE) Headlines

No Headlines