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Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Cyclically Adjusted PS Ratio : 2.77 (As of Jun. 01, 2024)


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What is Lightstone Value Plus REIT I Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Lightstone Value Plus REIT I's current share price is $4.65. Lightstone Value Plus REIT I's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.68. Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio for today is 2.77.

The historical rank and industry rank for Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio or its related term are showing as below:

LHTV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 3.37   Max: 3.85
Current: 2.77

During the past years, Lightstone Value Plus REIT I's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 2.77. And the median was 3.37.

LHTV's Cyclically Adjusted PS Ratio is ranked better than
73.12% of 491 companies
in the REITs industry
Industry Median: 4.94 vs LHTV: 2.77

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.

Lightstone Value Plus REIT I's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.587. 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 $1.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lightstone Value Plus REIT I Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lightstone Value Plus REIT I'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.

Lightstone Value Plus REIT I Cyclically Adjusted PS Ratio Chart

Lightstone Value Plus REIT I 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 - - - - 3.62

Lightstone Value Plus REIT I 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 - - - 3.62 3.16

Competitive Comparison of Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Lightstone Value Plus REIT I'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.


Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio falls into.



Lightstone Value Plus REIT I 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.

Lightstone Value Plus REIT I's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.65/1.68
=2.77

* 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.

Lightstone Value Plus REIT I's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lightstone Value Plus REIT I'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)
=0.587/131.7762*131.7762
=0.587

Current CPI (Mar. 2024) = 131.7762.

Lightstone Value Plus REIT I Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.581 100.560 0.761
201409 0.592 100.428 0.777
201412 0.517 99.070 0.688
201503 0.495 99.621 0.655
201506 0.559 100.684 0.732
201509 0.571 100.392 0.750
201512 0.540 99.792 0.713
201603 0.518 100.470 0.679
201606 0.547 101.688 0.709
201609 0.515 101.861 0.666
201612 0.468 101.863 0.605
201703 0.454 102.862 0.582
201706 0.513 103.349 0.654
201709 0.437 104.136 0.553
201712 0.241 104.011 0.305
201803 0.163 105.290 0.204
201806 0.161 106.317 0.200
201809 0.166 106.507 0.205
201812 0.178 105.998 0.221
201903 0.172 107.251 0.211
201906 0.168 108.070 0.205
201909 0.173 108.329 0.210
201912 0.144 108.420 0.175
202003 0.146 108.902 0.177
202006 0.133 108.767 0.161
202009 0.114 109.815 0.137
202012 0.112 109.897 0.134
202103 0.124 111.754 0.146
202106 0.112 114.631 0.129
202109 0.105 115.734 0.120
202112 0.124 117.630 0.139
202203 0.111 121.301 0.121
202206 0.108 125.017 0.114
202209 0.109 125.227 0.115
202212 0.357 125.222 0.376
202303 0.456 127.348 0.472
202306 0.712 128.729 0.729
202309 0.731 129.860 0.742
202312 0.890 129.419 0.906
202403 0.587 131.776 0.587

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.


Lightstone Value Plus REIT I  (GREY:LHTV) 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.


Lightstone Value Plus REIT I Cyclically Adjusted PS Ratio Related Terms

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


Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Business Description

Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT I Inc operates as a real estate investment trust company. Principally, it engages in the business of investing in and owning commercial and residential real estate properties located in the United States. Additionally, its commercial holdings consist of retail primarily multi-tenant shopping centers, lodging, industrial and residential properties comprised of multi-family complexes. The company generates revenue through the provision of rental, tenant, and other services.
Executives
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Owen Peyton H Jr officer: President C/O LIGHTSTONE GROUP, 326 THIRD STREET, LAKEWOOD NJ 08701
Donna Brandin officer: CFO and Treasurer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
George R Whittemore director P.O. BOX 330, MIDLOTHIAN VA 23113
Michael M Schurer officer: CFO, Treasurer C/O THE LIGHTSTONE GROUP, LLC, 326 3RD STREET, LAKEWOOD NJ 08701
Stephen H Hamrick officer: VP, Investor Relations 139 VAN BOLEN WAY, MAHWAH NJ 07430
David Lichtenstein director, officer: CEO, President, Chairmn Bd Dr C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Edwin J Glickman director
Vinck Bruno De director, officer: COO, Senior VP, Secretary C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Shawn R Tominus director C/O METRO MANAGEMENT, P.O. BOX 425, OLD BRIDGE NJ 08857
Joseph E Teichman officer: General Counsel C/O LIGHTSTONE VALUE PLUS REIT, INC., 326 THIRD STREET, LAKEWOOD NJ 08701

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