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Four Corners Property Trust (FRA:4Z1) Cyclically Adjusted PS Ratio : 9.57 (As of Jun. 02, 2024)


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What is Four Corners Property Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Four Corners Property Trust's current share price is €22.00. Four Corners Property Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.30. Four Corners Property Trust's Cyclically Adjusted PS Ratio for today is 9.57.

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

FRA:4Z1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.31   Med: 9.5   Max: 10.21
Current: 9.61

During the past years, Four Corners Property Trust's highest Cyclically Adjusted PS Ratio was 10.21. The lowest was 8.31. And the median was 9.50.

FRA:4Z1's Cyclically Adjusted PS Ratio is ranked worse than
80.86% of 491 companies
in the REITs industry
Industry Median: 4.94 vs FRA:4Z1: 9.61

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.

Four Corners Property Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.665. 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 €2.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Four Corners Property Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Four Corners Property 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.

Four Corners Property Trust Cyclically Adjusted PS Ratio Chart

Four Corners Property 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 - - - - 10.17

Four Corners Property 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 - - 8.93 10.17 9.63

Competitive Comparison of Four Corners Property Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Four Corners Property 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.


Four Corners Property Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Four Corners Property Trust's Cyclically Adjusted PS Ratio falls into.



Four Corners Property 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.

Four Corners Property Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.00/2.3
=9.57

* 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.

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

For example, Four Corners Property 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)
=0.665/131.7762*131.7762
=0.665

Current CPI (Mar. 2024) = 131.7762.

Four Corners Property Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 0.079 100.428 0.104
201412 0.083 99.070 0.110
201503 0.106 99.621 0.140
201506 0.097 100.684 0.127
201509 0.092 100.392 0.121
201512 0.419 99.792 0.553
201603 0.475 100.470 0.623
201606 0.459 101.688 0.595
201609 0.459 101.861 0.594
201612 0.495 101.863 0.640
201703 0.510 102.862 0.653
201706 0.488 103.349 0.622
201709 0.459 104.136 0.581
201712 0.468 104.011 0.593
201803 0.460 105.290 0.576
201806 0.479 106.317 0.594
201809 0.472 106.507 0.584
201812 0.487 105.998 0.605
201903 0.512 107.251 0.629
201906 0.511 108.070 0.623
201909 0.532 108.329 0.647
201912 0.533 108.420 0.648
202003 0.547 108.902 0.662
202006 0.516 108.767 0.625
202009 0.512 109.815 0.614
202012 0.493 109.897 0.591
202103 0.516 111.754 0.608
202106 0.537 114.631 0.617
202109 0.564 115.734 0.642
202112 0.592 117.630 0.663
202203 0.615 121.301 0.668
202206 0.651 125.017 0.686
202209 0.689 125.227 0.725
202212 0.643 125.222 0.677
202303 0.650 127.348 0.673
202306 0.640 128.729 0.655
202309 0.671 129.860 0.681
202312 0.659 129.419 0.671
202403 0.665 131.776 0.665

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.


Four Corners Property Trust  (FRA:4Z1) 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.


Four Corners Property Trust Cyclically Adjusted PS Ratio Related Terms

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Four Corners Property Trust (FRA:4Z1) Business Description

Traded in Other Exchanges
Address
591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941
Four Corners Property Trust Inc is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues primarily generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates most of the revenue from the real estate operations segment.

Four Corners Property Trust (FRA:4Z1) Headlines

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