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Blackstone Mortgage Trust (Blackstone Mortgage Trust) Cyclically Adjusted PS Ratio : 4.71 (As of May. 15, 2024)


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What is Blackstone Mortgage Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Blackstone Mortgage Trust's current share price is $18.545. Blackstone Mortgage Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.94. Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio for today is 4.71.

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

BXMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 4.59   Max: 161.08
Current: 4.72

During the past years, Blackstone Mortgage Trust's highest Cyclically Adjusted PS Ratio was 161.08. The lowest was 0.81. And the median was 4.59.

BXMT's Cyclically Adjusted PS Ratio is ranked better than
52.97% of 489 companies
in the REITs industry
Industry Median: 4.97 vs BXMT: 4.72

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.

Blackstone Mortgage Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.818. 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 $3.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackstone Mortgage Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Blackstone Mortgage Trust'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.

Blackstone Mortgage Trust Cyclically Adjusted PS Ratio Chart

Blackstone Mortgage Trust 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 148.02 11.79 5.34 5.73 5.42

Blackstone Mortgage Trust 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 4.67 5.38 5.53 5.42 5.06

Competitive Comparison of Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust'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.


Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio falls into.



Blackstone Mortgage Trust 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.

Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.545/3.94
=4.71

* 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.

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

For example, Blackstone Mortgage Trust'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)
=0.818/129.4194*129.4194
=0.818

Current CPI (Mar. 2024) = 129.4194.

Blackstone Mortgage Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.707 100.560 0.910
201409 0.656 100.428 0.845
201412 0.728 99.070 0.951
201503 0.968 99.621 1.258
201506 0.674 100.684 0.866
201509 0.931 100.392 1.200
201512 0.875 99.792 1.135
201603 0.826 100.470 1.064
201606 0.977 101.688 1.243
201609 0.910 101.861 1.156
201612 0.761 101.863 0.967
201703 0.756 102.862 0.951
201706 0.763 103.349 0.955
201709 0.827 104.136 1.028
201712 0.811 104.011 1.009
201803 0.788 105.290 0.969
201806 0.951 106.317 1.158
201809 0.905 106.507 1.100
201812 0.840 105.998 1.026
201903 0.853 107.251 1.029
201906 0.842 108.070 1.008
201909 0.758 108.329 0.906
201912 0.813 108.420 0.970
202003 0.742 108.902 0.882
202006 0.775 108.767 0.922
202009 0.785 109.815 0.925
202012 0.746 109.897 0.879
202103 0.741 111.754 0.858
202106 0.773 114.631 0.873
202109 0.787 115.734 0.880
202112 1.073 117.630 1.181
202203 0.761 121.301 0.812
202206 0.795 125.017 0.823
202209 0.843 125.227 0.871
202212 1.113 125.222 1.150
202303 0.963 127.348 0.979
202306 0.980 128.729 0.985
202309 0.958 129.860 0.955
202312 0.890 129.419 0.890
202403 0.818 129.419 0.818

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.


Blackstone Mortgage Trust  (NYSE:BXMT) 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.


Blackstone Mortgage Trust Cyclically Adjusted PS Ratio Related Terms

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


Blackstone Mortgage Trust (Blackstone Mortgage Trust) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.
Executives
Marone Anthony F. Jr officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Katharine A Keenan director, officer: CEO & President C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Lynne B Sagalyn director
Leonard W Cotton director 625 MADISON AVENUE, NEW YORK NY 10022
Henry N Nassau director 435 DEVON PARK DR, BLDG 600, WAYNE PA 19087
Thomas E Dobrowski director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Timothy Steven Johnson director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael B. Nash director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Jonathan Lee Pollack director C/O BLACKSTONE MORTGAGE TRUST, INC., 345 PARK AVE., 42ND FLOOR, NEW YORK NY 10154
Douglas N. Armer officer: Principal and Treasurer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Stephen D Plavin director, officer: CEO OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY SUITE 350, ANN ARBOR MI 48108
Thomas C Ruffing officer: CCO, Head of Asset Management C/O CAPITAL TRUST, INC. 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Paul D Quinlan officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154

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