GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Terreno Realty Corp (FRA:T37) » Definitions » Cyclically Adjusted PS Ratio

Terreno Realty (FRA:T37) Cyclically Adjusted PS Ratio : 16.89 (As of Jun. 09, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Terreno Realty Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Terreno Realty's current share price is €51.00. Terreno Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.02. Terreno Realty's Cyclically Adjusted PS Ratio for today is 16.89.

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

FRA:T37' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.53   Med: 22.07   Max: 30.03
Current: 16.55

During the past years, Terreno Realty's highest Cyclically Adjusted PS Ratio was 30.03. The lowest was 15.53. And the median was 22.07.

FRA:T37's Cyclically Adjusted PS Ratio is ranked worse than
95.12% of 492 companies
in the REITs industry
Industry Median: 4.875 vs FRA:T37: 16.55

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.

Terreno Realty's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.875. 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 €3.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terreno Realty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Terreno Realty'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.

Terreno Realty Cyclically Adjusted PS Ratio Chart

Terreno Realty 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 23.67 23.02 30.03 18.35 18.98

Terreno Realty 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 20.43 18.68 17.30 18.98 19.68

Competitive Comparison of Terreno Realty's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Terreno Realty'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.


Terreno Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Terreno Realty 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.

Terreno Realty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.00/3.02
=16.89

* 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.

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

For example, Terreno Realty'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)
=0.875/131.7762*131.7762
=0.875

Current CPI (Mar. 2024) = 131.7762.

Terreno Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.430 100.560 0.563
201409 0.417 100.428 0.547
201412 0.429 99.070 0.571
201503 0.500 99.621 0.661
201506 0.503 100.684 0.658
201509 0.505 100.392 0.663
201512 0.518 99.792 0.684
201603 0.536 100.470 0.703
201606 0.524 101.688 0.679
201609 0.528 101.861 0.683
201612 0.611 101.863 0.790
201703 0.617 102.862 0.790
201706 0.580 103.349 0.740
201709 0.534 104.136 0.676
201712 0.536 104.011 0.679
201803 0.546 105.290 0.683
201806 0.562 106.317 0.697
201809 0.556 106.507 0.688
201812 0.580 105.998 0.721
201903 0.587 107.251 0.721
201906 0.576 108.070 0.702
201909 0.597 108.329 0.726
201912 0.605 108.420 0.735
202003 0.605 108.902 0.732
202006 0.597 108.767 0.723
202009 0.585 109.815 0.702
202012 0.581 109.897 0.697
202103 0.618 111.754 0.729
202106 0.634 114.631 0.729
202109 0.688 115.734 0.783
202112 0.728 117.630 0.816
202203 0.772 121.301 0.839
202206 0.821 125.017 0.865
202209 0.946 125.227 0.995
202212 0.942 125.222 0.991
202303 0.868 127.348 0.898
202306 0.883 128.729 0.904
202309 0.922 129.860 0.936
202312 0.925 129.419 0.942
202403 0.875 131.776 0.875

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.


Terreno Realty  (FRA:T37) 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.


Terreno Realty Cyclically Adjusted PS Ratio Related Terms

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


Terreno Realty (FRA:T37) Business Description

Industry
Traded in Other Exchanges
Address
10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment and improved land.

Terreno Realty (FRA:T37) Headlines

No Headlines