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Regency Centers (Regency Centers) Cyclically Adjusted PS Ratio : 7.68 (As of May. 20, 2024)


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What is Regency Centers Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Regency Centers's current share price is $59.95. Regency Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.81. Regency Centers's Cyclically Adjusted PS Ratio for today is 7.68.

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

REG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.03   Med: 9.6   Max: 13.21
Current: 7.8

During the past years, Regency Centers's highest Cyclically Adjusted PS Ratio was 13.21. The lowest was 5.03. And the median was 9.60.

REG's Cyclically Adjusted PS Ratio is ranked worse than
70.41% of 490 companies
in the REITs industry
Industry Median: 4.985 vs REG: 7.80

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.

Regency Centers's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.969. 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 $7.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regency Centers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Regency Centers'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.

Regency Centers Cyclically Adjusted PS Ratio Chart

Regency Centers 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 9.87 7.12 10.93 8.48 8.74

Regency Centers 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 8.15 8.13 7.75 8.74 7.76

Competitive Comparison of Regency Centers's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Regency Centers'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.


Regency Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Regency Centers 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.

Regency Centers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.95/7.81
=7.68

* 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.

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

For example, Regency Centers'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)
=1.969/131.7762*131.7762
=1.969

Current CPI (Mar. 2024) = 131.7762.

Regency Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.466 100.560 1.921
201409 1.446 100.428 1.897
201412 1.460 99.070 1.942
201503 1.495 99.621 1.978
201506 1.493 100.684 1.954
201509 1.502 100.392 1.972
201512 1.523 99.792 2.011
201603 1.529 100.470 2.005
201606 1.552 101.688 2.011
201609 1.465 101.861 1.895
201612 1.523 101.863 1.970
201703 1.549 102.862 1.984
201706 1.533 103.349 1.955
201709 1.538 104.136 1.946
201712 1.546 104.011 1.959
201803 1.618 105.290 2.025
201806 1.658 106.317 2.055
201809 1.639 106.507 2.028
201812 1.675 105.998 2.082
201903 1.707 107.251 2.097
201906 1.642 108.070 2.002
201909 1.681 108.329 2.045
201912 1.723 108.420 2.094
202003 1.689 108.902 2.044
202006 1.360 108.767 1.648
202009 1.429 109.815 1.715
202012 1.522 109.897 1.825
202103 1.616 111.754 1.906
202106 1.687 114.631 1.939
202109 1.802 115.734 2.052
202112 1.728 117.630 1.936
202203 1.768 121.301 1.921
202206 1.752 125.017 1.847
202209 1.772 125.227 1.865
202212 1.833 125.222 1.929
202303 1.854 127.348 1.918
202306 1.835 128.729 1.878
202309 1.855 129.860 1.882
202312 1.947 129.419 1.982
202403 1.969 131.776 1.969

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.


Regency Centers  (NAS:REG) 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.


Regency Centers Cyclically Adjusted PS Ratio Related Terms

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


Regency Centers (Regency Centers) Business Description

Industry
Traded in Other Exchanges
Address
One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202-5019
Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
Executives
Stein Martin E Jr director, officer: Chairman and CEO ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Alan Todd Roth officer: Managing Director 1919 GALLOWS ROAD SUITE 1000, VIENNA VA 22182
Michael J Mas officer: EVP and CFO 2764 SHADE TREE DRIVE, FLEMING ISLAND FL 32003
Nicholas Andrew Wibbenmeyer officer: EVP, W. Regional Pres. 1211 W 22ND STREET SUITE 300, OAK BROOK IL 60523
Deirdre Evens director 10 STILLMEADOW WAY, FRAMINGHAM MA 01702
Simmons James H. Iii director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Thomas W Furphy director C/O REGENCY CENTERS CORPORATION, 1 INDEPENDENT DRIVE, SUITE 1300, JACKSONVILLE FL 32202
Bryce Blair director
David P Oconnor director C/O HIGH RISE, 325 NORTH AVENUE E, WESTFIELD NJ 07090
Karin Klein director C/O PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Kristin Ann Campbell director 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Terah L Devereaux officer: Principal Accounting Officer ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Lisa Palmer officer: Chief Financial Officer C/O REGENCY CENTERS CORPORATION, ONE INDEPENDENT DR., SUITE 114, JACKSONVILLE FL 32202
Thomas G Wattles director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202

Regency Centers (Regency Centers) Headlines