GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CIM Real Estate Finance Trust Inc (OTCPK:CMRF) » Definitions » Cyclically Adjusted PS Ratio

CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Cyclically Adjusted PS Ratio : 2.52 (As of May. 26, 2024)


View and export this data going back to 2014. Start your Free Trial

What is CIM Real Estate Finance Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-26), CIM Real Estate Finance Trust's current share price is $3.60. CIM Real Estate Finance Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.43. CIM Real Estate Finance Trust's Cyclically Adjusted PS Ratio for today is 2.52.

The historical rank and industry rank for CIM Real Estate Finance Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

CMRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 2.73   Max: 4.47
Current: 2.52

During the past years, CIM Real Estate Finance Trust's highest Cyclically Adjusted PS Ratio was 4.47. The lowest was 0.01. And the median was 2.73.

CMRF's Cyclically Adjusted PS Ratio is ranked better than
74.64% of 489 companies
in the REITs industry
Industry Median: 4.97 vs CMRF: 2.52

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.

CIM Real Estate Finance Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.307. 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 $1.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIM Real Estate Finance Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CIM Real Estate Finance 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.

CIM Real Estate Finance Trust Cyclically Adjusted PS Ratio Chart

CIM Real Estate Finance 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 - - - - 2.73

CIM Real Estate Finance 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 - 3.70 2.67 2.73 2.53

Competitive Comparison of CIM Real Estate Finance Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, CIM Real Estate Finance 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.


CIM Real Estate Finance Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CIM Real Estate Finance Trust's Cyclically Adjusted PS Ratio falls into.



CIM Real Estate Finance 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.

CIM Real Estate Finance Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.60/1.43
=2.52

* 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.

CIM Real Estate Finance Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CIM Real Estate Finance 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)
=0.307/131.7762*131.7762
=0.307

Current CPI (Mar. 2024) = 131.7762.

CIM Real Estate Finance Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.190 100.560 0.249
201409 0.214 100.428 0.281
201412 0.274 99.070 0.364
201503 0.281 99.621 0.372
201506 0.293 100.684 0.383
201509 0.303 100.392 0.398
201512 0.311 99.792 0.411
201603 0.322 100.470 0.422
201606 0.322 101.688 0.417
201609 0.327 101.861 0.423
201612 0.364 101.863 0.471
201703 0.336 102.862 0.430
201706 0.335 103.349 0.427
201709 0.343 104.136 0.434
201712 0.346 104.011 0.438
201803 0.351 105.290 0.439
201806 0.345 106.317 0.428
201809 0.339 106.507 0.419
201812 0.349 105.998 0.434
201903 0.351 107.251 0.431
201906 0.339 108.070 0.413
201909 0.339 108.329 0.412
201912 0.299 108.420 0.363
202003 0.238 108.902 0.288
202006 0.217 108.767 0.263
202009 0.235 109.815 0.282
202012 0.244 109.897 0.293
202103 0.246 111.754 0.290
202106 0.253 114.631 0.291
202109 0.250 115.734 0.285
202112 0.252 117.630 0.282
202203 0.241 121.301 0.262
202206 0.225 125.017 0.237
202209 0.251 125.227 0.264
202212 0.317 125.222 0.334
202303 0.336 127.348 0.348
202306 0.322 128.729 0.330
202309 0.317 129.860 0.322
202312 0.326 129.419 0.332
202403 0.307 131.776 0.307

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.


CIM Real Estate Finance Trust  (OTCPK:CMRF) 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.


CIM Real Estate Finance Trust Cyclically Adjusted PS Ratio Related Terms

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


CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Business Description

Traded in Other Exchanges
N/A
Address
2398 East Camelback Road, 4th Floor, Phoenix, AZ, USA, 85016
CIM Real Estate Finance Trust Inc is a real estate investment trust. The company invests in commercial real estate investments consisting of necessity retail properties located throughout the United States. The company operates a diversified portfolio of core commercial real estate consisting of net leased properties located throughout the United States and short-duration senior secured loans and other credit investments.
Executives
Jason K Schreiber director 263 NINTH AVENUE APARTMENT 9B, NEW YORK NY 10001
Krol Emily Vande director 30003 N. 68TH STREET, SCOTTSDALE AZ 85266
Roger Snell director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Stephen O Evans director 5825 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253
Gary Robert A Iv director 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Calvin E Hollis director 2325 E. CAMELBACK ROAD, 10TH FLOOR, PHOENIX AZ 85016
Marcus E Bromley director
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Avraham Shemesh director C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Richard S Ressler director, officer: CEO & President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Smith Jeffrey Randall Jr officer: See Remarks COLE CAPITAL, 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Nathan David Debacker officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Glenn J Rufrano director C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036

CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Headlines

No Headlines