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Regency Centers (FRA:RRC) Cyclically Adjusted PS Ratio : 7.83 (As of Jun. 03, 2024)


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What is Regency Centers Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Regency Centers's current share price is €56.50. Regency Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.22. Regency Centers's Cyclically Adjusted PS Ratio for today is 7.83.

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

FRA:RRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.03   Med: 9.6   Max: 13.21
Current: 7.86

During the past years, Regency Centers's highest Cyclically Adjusted PS Ratio was 13.21. The lowest was 5.03. And the median was 9.60.

FRA:RRC's Cyclically Adjusted PS Ratio is ranked worse than
71.69% of 491 companies
in the REITs industry
Industry Median: 4.94 vs FRA:RRC: 7.86

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.

Regency Centers's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.812. 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 €7.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regency Centers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Regency Centers'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.

Regency Centers Cyclically Adjusted PS Ratio Chart

Regency Centers 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 9.87 7.12 10.93 8.48 8.74

Regency Centers 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 8.15 8.13 7.75 8.74 7.76

Competitive Comparison of Regency Centers's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Regency Centers'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.


Regency Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Regency Centers 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.

Regency Centers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.50/7.22
=7.83

* 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.

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

For example, Regency Centers'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)
=1.812/131.7762*131.7762
=1.812

Current CPI (Mar. 2024) = 131.7762.

Regency Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.079 100.560 1.414
201409 1.122 100.428 1.472
201412 1.184 99.070 1.575
201503 1.381 99.621 1.827
201506 1.331 100.684 1.742
201509 1.338 100.392 1.756
201512 1.398 99.792 1.846
201603 1.373 100.470 1.801
201606 1.381 101.688 1.790
201609 1.306 101.861 1.690
201612 1.444 101.863 1.868
201703 1.448 102.862 1.855
201706 1.365 103.349 1.740
201709 1.290 104.136 1.632
201712 1.306 104.011 1.655
201803 1.313 105.290 1.643
201806 1.420 106.317 1.760
201809 1.404 106.507 1.737
201812 1.472 105.998 1.830
201903 1.511 107.251 1.857
201906 1.454 108.070 1.773
201909 1.526 108.329 1.856
201912 1.551 108.420 1.885
202003 1.529 108.902 1.850
202006 1.207 108.767 1.462
202009 1.214 109.815 1.457
202012 1.251 109.897 1.500
202103 1.357 111.754 1.600
202106 1.401 114.631 1.611
202109 1.532 115.734 1.744
202112 1.529 117.630 1.713
202203 1.605 121.301 1.744
202206 1.657 125.017 1.747
202209 1.790 125.227 1.884
202212 1.731 125.222 1.822
202303 1.732 127.348 1.792
202306 1.693 128.729 1.733
202309 1.738 129.860 1.764
202312 1.785 129.419 1.818
202403 1.812 131.776 1.812

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.


Regency Centers  (FRA:RRC) 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.


Regency Centers Cyclically Adjusted PS Ratio Related Terms

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


Regency Centers (FRA:RRC) Business Description

Industry
Traded in Other Exchanges
Address
One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202-5019
Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.

Regency Centers (FRA:RRC) Headlines

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