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Quality Hospitality Leasehold Property Fund (BKK:QHOP) Cyclically Adjusted PS Ratio : 5.16 (As of Jun. 12, 2024)


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What is Quality Hospitality Leasehold Property Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Quality Hospitality Leasehold Property Fund's current share price is ฿3.20. Quality Hospitality Leasehold Property Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿0.62. Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio for today is 5.16.

The historical rank and industry rank for Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:QHOP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.78   Med: 4.35   Max: 5.26
Current: 5.18

During the past years, Quality Hospitality Leasehold Property Fund's highest Cyclically Adjusted PS Ratio was 5.26. The lowest was 3.78. And the median was 4.35.

BKK:QHOP's Cyclically Adjusted PS Ratio is ranked worse than
51.32% of 491 companies
in the REITs industry
Industry Median: 4.88 vs BKK:QHOP: 5.18

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.

Quality Hospitality Leasehold Property Fund's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.020. 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 ฿0.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quality Hospitality Leasehold Property Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quality Hospitality Leasehold Property Fund'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.

Quality Hospitality Leasehold Property Fund Cyclically Adjusted PS Ratio Chart

Quality Hospitality Leasehold Property Fund Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.10

Quality Hospitality Leasehold Property Fund 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 - 4.27 4.40 4.10 5.28

Competitive Comparison of Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Quality Hospitality Leasehold Property Fund'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.


Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio falls into.



Quality Hospitality Leasehold Property Fund 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.

Quality Hospitality Leasehold Property Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.20/0.62
=5.16

* 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.

Quality Hospitality Leasehold Property Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Quality Hospitality Leasehold Property Fund'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)
=0.02/131.7762*131.7762
=0.020

Current CPI (Mar. 2024) = 131.7762.

Quality Hospitality Leasehold Property Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.229 91.111 0.331
201003 0.217 91.821 0.311
201006 0.353 91.962 0.506
201009 0.247 92.162 0.353
201012 0.221 92.474 0.315
201103 0.232 94.283 0.324
201106 0.233 95.235 0.322
201109 0.232 95.727 0.319
201112 0.228 95.213 0.316
201203 0.234 96.783 0.319
201206 0.234 96.819 0.318
201209 0.235 97.633 0.317
201612 0.000 101.863 0.000
201709 0.183 104.136 0.232
201712 0.093 104.011 0.118
201803 0.149 105.290 0.186
201806 0.077 106.317 0.095
201809 0.187 106.507 0.231
201812 0.130 105.998 0.162
201903 0.150 107.251 0.184
201906 0.093 108.070 0.113
201909 0.169 108.329 0.206
201912 0.117 108.420 0.142
202003 0.056 108.902 0.068
202006 0.003 108.767 0.004
202009 0.002 109.815 0.002
202012 0.002 109.897 0.002
202103 0.001 111.754 0.001
202106 0.001 114.631 0.001
202109 0.001 115.734 0.001
202112 0.002 117.630 0.002
202203 0.001 121.301 0.001
202206 0.054 125.017 0.057
202209 0.008 125.227 0.008
202212 0.035 125.222 0.037
202303 0.022 127.348 0.023
202306 0.024 128.729 0.025
202309 0.024 129.860 0.024
202312 0.020 129.419 0.020
202403 0.020 131.776 0.020

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.


Quality Hospitality Leasehold Property Fund  (BKK:QHOP) 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.


Quality Hospitality Leasehold Property Fund Cyclically Adjusted PS Ratio Related Terms

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


Quality Hospitality Leasehold Property Fund (BKK:QHOP) Business Description

Traded in Other Exchanges
N/A
Address
173/27-30, 32-33 South Sathon Road, 23A, 25th Floor, Asia Centre Building, Thungmahamek, Sathon, Bangkok, THA, 10120
Quality Hospitality Leasehold Property Fund is a close-ended leasehold property fund and a specific property fund. The Fund's objective is to mobilize funds from the public and general investors to purchase and lease immovable properties and to seek benefits from those properties including the modification, development, and disposal of the properties, which the Fund invests in or possesses by way of letting, subletting and disposal for the benefit of the properties themselves and to generate income and return for the unit holders and the Fund.

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