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Lument Finance Trust (Lument Finance Trust) Cyclically Adjusted PS Ratio : 2.82 (As of Jun. 06, 2024)


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What is Lument Finance Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Lument Finance Trust's current share price is $2.48. Lument Finance Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.88. Lument Finance Trust's Cyclically Adjusted PS Ratio for today is 2.82.

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

LFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.83   Med: 2.26   Max: 3.15
Current: 2.79

During the past years, Lument Finance Trust's highest Cyclically Adjusted PS Ratio was 3.15. The lowest was 1.83. And the median was 2.26.

LFT's Cyclically Adjusted PS Ratio is ranked better than
72.36% of 492 companies
in the REITs industry
Industry Median: 4.925 vs LFT: 2.79

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.

Lument Finance Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.200. 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 $0.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lument Finance Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lument Finance 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.

Lument Finance Trust Cyclically Adjusted PS Ratio Chart

Lument Finance 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 - - - 2.00 2.80

Lument Finance 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 2.31 2.57 2.02 2.80 2.83

Competitive Comparison of Lument Finance Trust's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, Lument Finance 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.


Lument Finance Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Lument Finance Trust's Cyclically Adjusted PS Ratio falls into.



Lument Finance 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.

Lument Finance Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.48/0.88
=2.82

* 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.

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

For example, Lument Finance 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)
=0.2/131.7762*131.7762
=0.200

Current CPI (Mar. 2024) = 131.7762.

Lument Finance Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.578 100.560 0.757
201409 0.528 100.428 0.693
201412 0.065 99.070 0.086
201503 -0.065 99.621 -0.086
201506 0.533 100.684 0.698
201509 0.149 100.392 0.196
201512 0.570 99.792 0.753
201603 -0.763 100.470 -1.001
201606 -0.249 101.688 -0.323
201609 0.344 101.861 0.445
201612 0.996 101.863 1.288
201703 0.334 102.862 0.428
201706 0.056 103.349 0.071
201709 -0.048 104.136 -0.061
201712 0.518 104.011 0.656
201803 0.593 105.290 0.742
201806 -0.817 106.317 -1.013
201809 0.258 106.507 0.319
201812 0.175 105.998 0.218
201903 0.180 107.251 0.221
201906 0.171 108.070 0.209
201909 0.163 108.329 0.198
201912 0.144 108.420 0.175
202003 0.168 108.902 0.203
202006 0.192 108.767 0.233
202009 0.193 109.815 0.232
202012 0.183 109.897 0.219
202103 0.186 111.754 0.219
202106 0.214 114.631 0.246
202109 0.194 115.734 0.221
202112 0.250 117.630 0.280
202203 0.116 121.301 0.126
202206 0.124 125.017 0.131
202209 0.085 125.227 0.089
202212 0.114 125.222 0.120
202303 0.138 127.348 0.143
202306 0.145 128.729 0.148
202309 0.164 129.860 0.166
202312 0.154 129.419 0.157
202403 0.200 131.776 0.200

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.


Lument Finance Trust  (NYSE:LFT) 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.


Lument Finance Trust Cyclically Adjusted PS Ratio Related Terms

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


Lument Finance Trust (Lument Finance Trust) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 20th Floor, New York, NY, USA, 10169
Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.
Executives
William A Houlihan director 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
James J Henson officer: PRESIDENT LUMENT FINANCE TRUST, INC., 10 W BROAD ST., 8TH FLOOR, COLUMBUS OH 43215
Walter C Keenan director C/O FIVE OAKS INVESTMENT CORP., 540 MADISON AVE, 19TH FLOOR, NEW YORK NY 10022
James Christopher Hunt director 4401 NORTH MESA, EL PASO TX 79902
James A Briggs officer: Chief Financial Officer C/O HUNT COMPANIES FINANCE TRUST INC., 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
James Peter Flynn officer: Chief Executive Officer 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Companies, Inc. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Orec Investment Holdings, Llc 10 percent owner 2001 ROSS AVENUE, SUITE 1900, DALLAS TX 75201
Hunt Capital Holdings Investments, Llc 10 percent owner 4401 NORTH MESA STREET, EL PASO TX 79902
Hunt Companies Equity Holdings, Llc 10 percent owner 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Company, Llc 10 percent owner 9120 DOUBLE DIAMOND PARKWAY, RENO NV 89521
Hb Gp, Llc 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Hunt Elp, Ltd. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Woody L Hunt 10 percent owner 4401 NORTH MESA, EL PASO TX 79902