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Iron Mountain (BSP:I1RM34) Cyclically Adjusted PS Ratio : 4.86 (As of Jun. 10, 2024)


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What is Iron Mountain Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Iron Mountain's current share price is R$449.55. Iron Mountain's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$92.50. Iron Mountain's Cyclically Adjusted PS Ratio for today is 4.86.

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

BSP:I1RM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.18   Max: 4.62
Current: 4.62

During the past years, Iron Mountain's highest Cyclically Adjusted PS Ratio was 4.62. The lowest was 1.35. And the median was 2.18.

BSP:I1RM34's Cyclically Adjusted PS Ratio is ranked better than
52.85% of 492 companies
in the REITs industry
Industry Median: 4.875 vs BSP:I1RM34: 4.62

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.

Iron Mountain's adjusted revenue per share data for the three months ended in Mar. 2024 was R$24.912. 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 R$92.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iron Mountain'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.

Iron Mountain Cyclically Adjusted PS Ratio Chart

Iron Mountain 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 1.94 1.81 3.05 2.80 3.84

Iron Mountain 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 2.93 3.12 3.25 3.84 4.33

Competitive Comparison of Iron Mountain's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Iron Mountain 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.

Iron Mountain's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=449.55/92.5
=4.86

* 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.

Iron Mountain's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Iron Mountain'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)
=24.912/131.7762*131.7762
=24.912

Current CPI (Mar. 2024) = 131.7762.

Iron Mountain Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.092 100.560 11.914
201409 9.389 100.428 12.320
201412 10.002 99.070 13.304
201503 11.090 99.621 14.670
201506 11.147 100.684 14.589
201509 13.750 100.392 18.049
201512 13.759 99.792 18.169
201603 13.066 100.470 17.137
201606 12.279 101.688 15.912
201609 11.596 101.861 15.002
201612 11.846 101.863 15.325
201703 11.088 102.862 14.205
201706 11.814 103.349 15.064
201709 11.366 104.136 14.383
201712 12.030 104.011 15.241
201803 11.952 105.290 14.959
201806 13.960 106.317 17.303
201809 15.190 106.507 18.794
201812 14.360 105.998 17.852
201903 14.079 107.251 17.299
201906 14.309 108.070 17.448
201909 15.210 108.329 18.502
201912 15.382 108.420 18.696
202003 18.109 108.902 21.913
202006 17.691 108.767 21.433
202009 19.383 109.815 23.259
202012 18.853 109.897 22.606
202103 21.060 111.754 24.833
202106 19.344 114.631 22.237
202109 20.468 115.734 23.305
202112 22.471 117.630 25.173
202203 21.281 121.301 23.119
202206 22.255 125.017 23.458
202209 23.067 125.227 24.273
202212 22.906 125.222 24.105
202303 23.361 127.348 24.173
202306 22.455 128.729 22.987
202309 23.298 129.860 23.642
202312 23.581 129.419 24.010
202403 24.912 131.776 24.912

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.


Iron Mountain  (BSP:I1RM34) 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.


Iron Mountain Cyclically Adjusted PS Ratio Related Terms

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


Iron Mountain (BSP:I1RM34) Business Description

Industry
Traded in Other Exchanges
Address
85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.

Iron Mountain (BSP:I1RM34) Headlines

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