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Mapletree Pan Asia Commercial Trust (FRA:BI0) Cyclically Adjusted PS Ratio : 7.64 (As of Jun. 08, 2024)


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What is Mapletree Pan Asia Commercial Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Mapletree Pan Asia Commercial Trust's current share price is €0.8403. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €0.11. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio for today is 7.64.

The historical rank and industry rank for Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:BI0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.09   Med: 10.35   Max: 13.33
Current: 7.09

During the past years, Mapletree Pan Asia Commercial Trust's highest Cyclically Adjusted PS Ratio was 13.33. The lowest was 7.09. And the median was 10.35.

FRA:BI0's Cyclically Adjusted PS Ratio is ranked worse than
65.85% of 492 companies
in the REITs industry
Industry Median: 4.875 vs FRA:BI0: 7.09

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.

Mapletree Pan Asia Commercial Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.030. 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 €0.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Pan Asia Commercial Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust Cyclically Adjusted PS Ratio Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.02 10.77

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.24 10.77 9.55 8.33 9.13

Competitive Comparison of Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio falls into.



Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.8403/0.11
=7.64

* 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.

Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mapletree Pan Asia Commercial Trust's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.03/129.4194*129.4194
=0.030

Current CPI (Dec. 2023) = 129.4194.

Mapletree Pan Asia Commercial Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.018 98.518 0.024
201309 0.018 98.790 0.024
201312 0.019 98.326 0.025
201403 0.016 99.695 0.021
201406 0.019 100.560 0.024
201409 0.020 100.428 0.026
201412 0.021 99.070 0.027
201503 0.018 99.621 0.023
201506 0.021 100.684 0.027
201509 0.021 100.392 0.027
201512 0.022 99.792 0.029
201603 0.018 100.470 0.023
201606 0.023 101.688 0.029
201609 0.023 101.861 0.029
201612 0.025 101.863 0.032
201703 0.022 102.862 0.028
201706 0.024 103.349 0.030
201709 0.023 104.136 0.029
201712 0.024 104.011 0.030
201803 0.019 105.290 0.023
201806 0.024 106.317 0.029
201809 0.024 106.507 0.029
201812 0.025 105.998 0.031
201903 0.021 107.251 0.025
201906 0.025 108.070 0.030
201909 0.025 108.329 0.030
201912 0.028 108.420 0.033
202003 0.022 108.902 0.026
202009 0.000 109.815 0.000
202103 0.000 111.754 0.000
202109 0.000 115.734 0.000
202112 0.024 117.630 0.026
202203 0.025 121.301 0.027
202206 0.027 125.017 0.028
202209 0.031 125.227 0.032
202212 0.030 125.222 0.031
202303 0.033 127.348 0.034
202306 0.029 128.729 0.029
202309 0.029 129.860 0.029
202312 0.030 129.419 0.030

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.


Mapletree Pan Asia Commercial Trust  (FRA:BI0) 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.


Mapletree Pan Asia Commercial Trust Cyclically Adjusted PS Ratio Related Terms

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


Mapletree Pan Asia Commercial Trust (FRA:BI0) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

Mapletree Pan Asia Commercial Trust (FRA:BI0) Headlines

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