GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kite Realty Group Trust (FRA:FGC1) » Definitions » Cyclically Adjusted PS Ratio

Kite Realty Group Trust (FRA:FGC1) Cyclically Adjusted PS Ratio : 4.65 (As of Jun. 01, 2024)


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

What is Kite Realty Group Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Kite Realty Group Trust's current share price is €20.00. Kite Realty Group Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.30. Kite Realty Group Trust's Cyclically Adjusted PS Ratio for today is 4.65.

The historical rank and industry rank for Kite Realty Group Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:FGC1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.57   Max: 4.9
Current: 4.68

During the past years, Kite Realty Group Trust's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.39. And the median was 2.57.

FRA:FGC1's Cyclically Adjusted PS Ratio is ranked better than
52.34% of 491 companies
in the REITs industry
Industry Median: 4.94 vs FRA:FGC1: 4.68

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.

Kite Realty Group Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.868. 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 €4.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kite Realty Group Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kite Realty Group 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.

Kite Realty Group Trust Cyclically Adjusted PS Ratio Chart

Kite Realty Group 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 3.69 3.01 4.41 4.32 4.89

Kite Realty Group 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 4.33 4.64 4.49 4.89 4.63

Competitive Comparison of Kite Realty Group Trust's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Kite Realty Group 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.


Kite Realty Group Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Kite Realty Group Trust's Cyclically Adjusted PS Ratio falls into.



Kite Realty Group 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.

Kite Realty Group Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.00/4.3
=4.65

* 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.

Kite Realty Group Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kite Realty Group 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)
=0.868/131.7762*131.7762
=0.868

Current CPI (Mar. 2024) = 131.7762.

Kite Realty Group Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.914 100.560 1.198
201409 0.821 100.428 1.077
201412 0.847 99.070 1.127
201503 0.959 99.621 1.269
201506 0.890 100.684 1.165
201509 0.931 100.392 1.222
201512 0.982 99.792 1.297
201603 0.952 100.470 1.249
201606 0.935 101.688 1.212
201609 0.930 101.861 1.203
201612 1.007 101.863 1.303
201703 1.007 102.862 1.290
201706 0.986 103.349 1.257
201709 0.875 104.136 1.107
201712 0.898 104.011 1.138
201803 0.870 105.290 1.089
201806 0.938 106.317 1.163
201809 0.877 106.507 1.085
201812 0.912 105.998 1.134
201903 0.880 107.251 1.081
201906 0.859 108.070 1.047
201909 0.810 108.329 0.985
201912 0.806 108.420 0.980
202003 0.753 108.902 0.911
202006 0.668 108.767 0.809
202009 0.656 109.815 0.787
202012 0.667 109.897 0.800
202103 0.690 111.754 0.814
202106 0.683 114.631 0.785
202109 0.718 115.734 0.818
202112 0.659 117.630 0.738
202203 0.806 121.301 0.876
202206 0.872 125.017 0.919
202209 0.923 125.227 0.971
202212 0.882 125.222 0.928
202303 0.878 127.348 0.909
202306 0.876 128.729 0.897
202309 0.883 129.860 0.896
202312 0.837 129.419 0.852
202403 0.868 131.776 0.868

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.


Kite Realty Group Trust  (FRA:FGC1) 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.


Kite Realty Group Trust Cyclically Adjusted PS Ratio Related Terms

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


Kite Realty Group Trust (FRA:FGC1) Business Description

Industry
Traded in Other Exchanges
Address
30 South Meridian Street, Suite 1100, Indianapolis, IN, USA, 46204
Kite Realty Group Trust that owns mainly community shopping centers concentrated in Indiana (39% of base rent), Florida (10.9%), Maryland (6.8%), New York (6%), North Carolina (5.4%) and Texas (25.7%). At year-end 2022, Kite owned interests in 183 retail operating properties and three commercial properties, representing 8.9 million of gross leasable area. It also had eight properties under development or redevelopment.

Kite Realty Group Trust (FRA:FGC1) Headlines

No Headlines