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Activia Properties (Activia Properties) Cyclically Adjusted PS Ratio : 10.14 (As of Jun. 09, 2024)


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What is Activia Properties Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Activia Properties's current share price is $2746.00. Activia Properties's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 was $270.76. Activia Properties's Cyclically Adjusted PS Ratio for today is 10.14.

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

ATVXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.21   Med: 10.79   Max: 12.32
Current: 9.27

During the past 12 years, Activia Properties's highest Cyclically Adjusted PS Ratio was 12.32. The lowest was 9.21. And the median was 10.79.

ATVXF's Cyclically Adjusted PS Ratio is ranked worse than
80.28% of 492 companies
in the REITs industry
Industry Median: 4.875 vs ATVXF: 9.27

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.

Activia Properties's adjusted revenue per share data of for the fiscal year that ended in Nov23 was $288.323. 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 $270.76 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Activia Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Activia 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.

Activia Properties Cyclically Adjusted PS Ratio Chart

Activia Properties Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.86 11.26 10.14

Activia Properties Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 11.86 - 11.26 - 10.14

Competitive Comparison of Activia Properties's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Activia 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.


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

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

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



Activia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2746.00/270.76
=10.14

* 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.

Activia Properties's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 is calculated as:

For example, Activia Properties's adjusted Revenue per Share data for the fiscal year that ended in Nov23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=288.323/106.9000*106.9000
=288.323

Current CPI (Nov23) = 106.9000.

Activia Properties Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 275.458 97.900 300.781
201511 278.022 98.100 302.962
201611 325.263 98.600 352.643
201711 330.931 99.100 356.978
201811 343.097 100.000 366.771
201911 363.935 100.500 387.111
202011 373.403 99.500 401.174
202111 340.249 100.100 363.363
202211 272.979 103.900 280.861
202311 288.323 106.900 288.323

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.


Activia Properties  (OTCPK:ATVXF) 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.


Activia Properties Cyclically Adjusted PS Ratio Related Terms

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


Activia Properties (Activia Properties) Business Description

Traded in Other Exchanges
Address
1-16-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. Most of these properties are either urban retail units near major train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's major tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.

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