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NewRiver REIT (NewRiver REIT) Cyclically Adjusted PS Ratio : 2.08 (As of Jun. 07, 2024)


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What is NewRiver REIT Cyclically Adjusted PS Ratio?

As of today (2024-06-07), NewRiver REIT's current share price is $1.019. NewRiver REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was $0.49. NewRiver REIT's Cyclically Adjusted PS Ratio for today is 2.08.

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

NRWRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.08   Max: 6.26
Current: 1.84

During the past 13 years, NewRiver REIT's highest Cyclically Adjusted PS Ratio was 6.26. The lowest was 1.01. And the median was 2.08.

NRWRF's Cyclically Adjusted PS Ratio is ranked better than
84.15% of 492 companies
in the REITs industry
Industry Median: 4.925 vs NRWRF: 1.84

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.

NewRiver REIT's adjusted revenue per share data of for the fiscal year that ended in Mar23 was $0.281. 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 $0.49 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NewRiver REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NewRiver REIT'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.

NewRiver REIT Cyclically Adjusted PS Ratio Chart

NewRiver REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.12 1.36 2.18 2.10 2.00

NewRiver REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.10 - 2.00 -

Competitive Comparison of NewRiver REIT's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, NewRiver REIT'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.


NewRiver REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



NewRiver REIT 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.

NewRiver REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.019/0.49
=2.08

* 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.

NewRiver REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, NewRiver REIT's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.281/126.8000*126.8000
=0.281

Current CPI (Mar23) = 126.8000.

NewRiver REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.471 99.300 0.601
201503 0.385 99.600 0.490
201603 0.486 100.400 0.614
201703 0.503 102.700 0.621
201803 0.519 105.100 0.626
201903 0.607 107.000 0.719
202003 0.585 108.600 0.683
202103 0.330 109.700 0.381
202203 0.314 116.500 0.342
202303 0.281 126.800 0.281

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.


NewRiver REIT  (OTCPK:NRWRF) 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.


NewRiver REIT Cyclically Adjusted PS Ratio Related Terms

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


NewRiver REIT (NewRiver REIT) Business Description

Industry
Traded in Other Exchanges
Address
89 Whitfield Street, London, GBR, W1T 4DE
NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.

NewRiver REIT (NewRiver REIT) Headlines