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Drive Shack (Drive Shack) Cyclically Adjusted PS Ratio : 0.04 (As of May. 31, 2024)


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What is Drive Shack Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Drive Shack's current share price is $0.20. Drive Shack's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $4.73. Drive Shack's Cyclically Adjusted PS Ratio for today is 0.04.

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

DSHK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.31   Max: 0.98
Current: 0.05

During the past years, Drive Shack's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.04. And the median was 0.31.

DSHK's Cyclically Adjusted PS Ratio is ranked better than
97.19% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs DSHK: 0.05

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.

Drive Shack's adjusted revenue per share data for the three months ended in Sep. 2023 was $1.047. 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 $4.73 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Drive Shack Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Cyclically Adjusted PS Ratio Chart

Drive Shack Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.50 0.33 0.24 0.04

Drive Shack Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.13 0.04 0.08 0.08 0.06

Competitive Comparison of Drive Shack's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Drive Shack'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.


Drive Shack's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Drive Shack's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Drive Shack 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.

Drive Shack's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.20/4.73
=0.04

* 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.

Drive Shack's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Drive Shack's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.047/129.8595*129.8595
=1.047

Current CPI (Sep. 2023) = 129.8595.

Drive Shack Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 -0.180 98.326 -0.238
201403 1.671 99.695 2.177
201406 2.252 100.560 2.908
201409 1.565 100.428 2.024
201412 -0.676 99.070 -0.886
201503 1.069 99.621 1.393
201506 1.571 100.684 2.026
201509 1.261 100.392 1.631
201512 0.430 99.792 0.560
201603 0.910 100.470 1.176
201606 1.226 101.688 1.566
201609 1.204 101.861 1.535
201612 1.003 101.863 1.279
201703 0.885 102.862 1.117
201706 1.217 103.349 1.529
201709 1.220 104.136 1.521
201712 1.051 104.011 1.312
201803 0.995 105.290 1.227
201806 1.359 106.317 1.660
201809 1.305 106.507 1.591
201812 1.034 105.998 1.267
201903 0.805 107.251 0.975
201906 1.068 108.070 1.283
201909 1.114 108.329 1.335
201912 1.071 108.420 1.283
202003 0.912 108.902 1.088
202006 0.478 108.767 0.571
202009 0.989 109.815 1.170
202012 0.897 109.897 1.060
202103 0.740 111.754 0.860
202106 0.802 114.631 0.909
202109 0.829 115.734 0.930
202112 0.766 117.630 0.846
202203 0.748 121.301 0.801
202206 0.938 125.017 0.974
202209 0.960 125.227 0.996
202212 0.881 125.222 0.914
202303 0.838 127.348 0.855
202306 1.060 128.729 1.069
202309 1.047 129.860 1.047

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.


Drive Shack  (OTCPK:DSHK) 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.


Drive Shack Cyclically Adjusted PS Ratio Related Terms

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


Drive Shack (Drive Shack) Business Description

Traded in Other Exchanges
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.
Executives
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri officer: President 218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr. officer: CFO, CAO & Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols officer: Chief Financial Officer C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp director 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane director 218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley officer: Chief Financial Officer 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May director, officer: CEO & President 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford director 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson officer: CEO & President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105