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Healthpeak Properties (BSP:P1EA34) Cyclically Adjusted PS Ratio : 4.68 (As of Jun. 11, 2024)


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What is Healthpeak Properties Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Healthpeak Properties's current share price is R$93.39. Healthpeak Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$19.95. Healthpeak Properties's Cyclically Adjusted PS Ratio for today is 4.68.

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

BSP:P1EA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 7.01   Max: 10.21
Current: 4.51

During the past years, Healthpeak Properties's highest Cyclically Adjusted PS Ratio was 10.21. The lowest was 3.69. And the median was 7.01.

BSP:P1EA34's Cyclically Adjusted PS Ratio is ranked better than
53.86% of 492 companies
in the REITs industry
Industry Median: 4.875 vs BSP:P1EA34: 4.51

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.

Healthpeak Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was R$4.977. 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$19.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthpeak Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Healthpeak 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.

Healthpeak Properties Cyclically Adjusted PS Ratio Chart

Healthpeak Properties 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 8.17 7.37 8.54 5.81 4.66

Healthpeak Properties 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 5.07 4.64 4.25 4.66 4.38

Competitive Comparison of Healthpeak Properties's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Healthpeak 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.


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

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

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



Healthpeak 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.39/19.95
=4.68

* 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.

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

For example, Healthpeak Properties'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)
=4.977/131.7762*131.7762
=4.977

Current CPI (Mar. 2024) = 131.7762.

Healthpeak Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.614 100.560 3.425
201409 3.038 100.428 3.986
201412 -0.149 99.070 -0.198
201503 4.163 99.621 5.507
201506 4.091 100.684 5.354
201509 5.536 100.392 7.267
201512 0.547 99.792 0.722
201603 4.128 100.470 5.414
201606 3.909 101.688 5.066
201609 3.689 101.861 4.772
201612 3.868 101.863 5.004
201703 3.239 102.862 4.149
201706 3.226 103.349 4.113
201709 3.033 104.136 3.838
201712 3.112 104.011 3.943
201803 3.345 105.290 4.186
201806 3.768 106.317 4.670
201809 3.986 106.507 4.932
201812 -1.685 105.998 -2.095
201903 3.496 107.251 4.295
201906 3.959 108.070 4.827
201909 4.512 108.329 5.489
201912 -1.839 108.420 -2.235
202003 3.615 108.902 4.374
202006 3.936 108.767 4.769
202009 4.249 109.815 5.099
202012 4.122 109.897 4.943
202103 4.763 111.754 5.616
202106 4.397 114.631 5.055
202109 4.712 115.734 5.365
202112 5.065 117.630 5.674
202203 4.596 121.301 4.993
202206 4.843 125.017 5.105
202209 4.998 125.227 5.259
202212 5.114 125.222 5.382
202303 4.946 127.348 5.118
202306 4.837 128.729 4.952
202309 5.019 129.860 5.093
202312 4.956 129.419 5.046
202403 4.977 131.776 4.977

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.


Healthpeak Properties  (BSP:P1EA34) 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.


Healthpeak Properties Cyclically Adjusted PS Ratio Related Terms

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


Healthpeak Properties (BSP:P1EA34) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.

Healthpeak Properties (BSP:P1EA34) Headlines

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