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FRP Holdings (FRP Holdings) Cyclically Adjusted PS Ratio : 16.49 (As of May. 13, 2024)


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What is FRP Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-13), FRP Holdings's current share price is $30.02. FRP Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.82. FRP Holdings's Cyclically Adjusted PS Ratio for today is 16.49.

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

FRPH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 6.55   Max: 19.97
Current: 16.79

During the past years, FRP Holdings's highest Cyclically Adjusted PS Ratio was 19.97. The lowest was 1.41. And the median was 6.55.

FRPH's Cyclically Adjusted PS Ratio is ranked worse than
95.18% of 1368 companies
in the Real Estate industry
Industry Median: 1.745 vs FRPH: 16.79

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.

FRP Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.534. 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 $1.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FRP Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FRP Holdings'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.

FRP Holdings Cyclically Adjusted PS Ratio Chart

FRP Holdings Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 8.32 12.52 15.18 17.24

FRP Holdings 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 17.76 19.70 13.22 17.24 -

Competitive Comparison of FRP Holdings's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, FRP Holdings'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.


FRP Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



FRP Holdings 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.

FRP Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.02/1.82
=16.49

* 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.

FRP Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, FRP Holdings'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)
=0.534/129.4194*129.4194
=0.534

Current CPI (Dec. 2023) = 129.4194.

FRP Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.412 99.695 0.535
201406 0.395 100.560 0.508
201409 0.414 100.428 0.534
201412 0.425 99.070 0.555
201503 0.456 99.621 0.592
201506 0.432 100.684 0.555
201509 0.452 100.392 0.583
201512 0.448 99.792 0.581
201603 0.486 100.470 0.626
201606 0.466 101.688 0.593
201609 0.493 101.861 0.626
201612 0.479 101.863 0.609
201703 0.466 102.862 0.586
201706 0.466 103.349 0.584
201709 0.599 104.136 0.744
201712 -0.753 104.011 -0.937
201803 0.252 105.290 0.310
201806 0.275 106.317 0.335
201809 0.283 106.507 0.344
201812 0.280 105.998 0.342
201903 0.286 107.251 0.345
201906 0.319 108.070 0.382
201909 0.298 108.329 0.356
201912 0.294 108.420 0.351
202003 0.294 108.902 0.349
202006 0.303 108.767 0.361
202009 0.319 109.815 0.376
202012 0.312 109.897 0.367
202103 0.312 111.754 0.361
202106 0.452 114.631 0.510
202109 0.451 115.734 0.504
202112 0.446 117.630 0.491
202203 0.462 121.301 0.493
202206 0.511 125.017 0.529
202209 0.493 125.227 0.510
202212 0.520 125.222 0.537
202303 0.535 127.348 0.544
202306 0.565 128.729 0.568
202309 0.560 129.860 0.558
202312 0.534 129.419 0.534

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.


FRP Holdings  (NAS:FRPH) 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.


FRP Holdings Cyclically Adjusted PS Ratio Related Terms

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


FRP Holdings (FRP Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
200 West Forsyth Street, 7th Floor, Jacksonville, FL, USA, 32202
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Asset Management Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, warehouse, and office buildings either alone or through joint ventures (the Development Segment); ownership, leasing and management of buildings through joint ventures (the Stabilized Joint Venture Segment).
Executives
Devilliers David H Iii officer: Executive Vice President 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Milton John D Jr officer: Executive VP and CFO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Devilliers David H Jr officer: President of Real Estate Group 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Nicole B. Thomas director 200 W. FORSYTH ST, 7TH FLOOR, JACKSONVILLE FL 32202
John S Surface director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D. Iii officer: Chief Financial Officer FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
John D Klopfenstein officer: Controller and CAO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Margaret B. Wetherbee director FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, JACKSONVILLE FL 32202
Commander Charles E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
James H Winston director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
Baker Thompson S Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Robert E Sandlin officer: President & CEO of FRTL 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Fichthorn Luke E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202

FRP Holdings (FRP Holdings) Headlines

From GuruFocus

FRP Holdings, Inc. Announces Investor Day

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