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Global Net Lease (FRA:2N8) Cyclically Adjusted PS Ratio : 1.77 (As of Jun. 09, 2024)


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What is Global Net Lease Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Global Net Lease's current share price is €6.902. Global Net Lease's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.90. Global Net Lease's Cyclically Adjusted PS Ratio for today is 1.77.

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

FRA:2N8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.46   Max: 3.94
Current: 1.71

During the past years, Global Net Lease's highest Cyclically Adjusted PS Ratio was 3.94. The lowest was 1.56. And the median was 2.46.

FRA:2N8's Cyclically Adjusted PS Ratio is ranked better than
84.76% of 492 companies
in the REITs industry
Industry Median: 4.875 vs FRA:2N8: 1.71

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.

Global Net Lease's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.823. 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 €3.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Net Lease Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Global Net Lease'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.

Global Net Lease Cyclically Adjusted PS Ratio Chart

Global Net Lease 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 - - - 3.30 2.37

Global Net Lease 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 3.32 2.57 2.33 2.37 1.79

Competitive Comparison of Global Net Lease's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Global Net Lease'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.


Global Net Lease's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Global Net Lease's Cyclically Adjusted PS Ratio falls into.



Global Net Lease 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.

Global Net Lease's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.902/3.9
=1.77

* 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.

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

For example, Global Net Lease'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)
=0.823/131.7762*131.7762
=0.823

Current CPI (Mar. 2024) = 131.7762.

Global Net Lease Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.178 100.560 0.233
201409 0.357 100.428 0.468
201412 0.667 99.070 0.887
201503 0.820 99.621 1.085
201506 0.727 100.684 0.952
201509 0.795 100.392 1.044
201512 0.914 99.792 1.207
201603 0.876 100.470 1.149
201606 0.841 101.688 1.090
201609 0.840 101.861 1.087
201612 0.863 101.863 1.116
201703 0.887 102.862 1.136
201706 0.868 103.349 1.107
201709 0.809 104.136 1.024
201712 0.836 104.011 1.059
201803 0.821 105.290 1.028
201806 0.903 106.317 1.119
201809 0.888 106.507 1.099
201812 0.851 105.998 1.058
201903 0.807 107.251 0.992
201906 0.791 108.070 0.965
201909 0.821 108.329 0.999
201912 0.751 108.420 0.913
202003 0.801 108.902 0.969
202006 0.799 108.767 0.968
202009 0.785 109.815 0.942
202012 0.800 109.897 0.959
202103 0.821 111.754 0.968
202106 0.857 114.631 0.985
202109 0.802 115.734 0.913
202112 0.910 117.630 1.019
202203 0.851 121.301 0.924
202206 0.869 125.017 0.916
202209 0.902 125.227 0.949
202212 0.855 125.222 0.900
202303 0.849 127.348 0.879
202306 0.849 128.729 0.869
202309 0.846 129.860 0.858
202312 0.821 129.419 0.836
202403 0.823 131.776 0.823

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.


Global Net Lease  (FRA:2N8) 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.


Global Net Lease Cyclically Adjusted PS Ratio Related Terms

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


Global Net Lease (FRA:2N8) Business Description

Industry
Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its real estate assets span the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, France, and Finland. The portfolio assets include office, industrial and distribution, retail, and other, with office buildings representing more than half of the properties.

Global Net Lease (FRA:2N8) Headlines

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