GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Life Real Estate Investment Trust (SGX:C2PU) » Definitions » Cyclically Adjusted PS Ratio

Parkway Life Real Estate Investment Trust (SGX:C2PU) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Parkway Life Real Estate Investment Trust Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Parkway Life Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Parkway Life Real Estate Investment 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.

Parkway Life Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Parkway Life Real Estate Investment 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 18.53 20.89 25.49 - -

Parkway Life Real Estate Investment Trust Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 25.49 - - - -

Competitive Comparison of Parkway Life Real Estate Investment Trust's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Parkway Life Real Estate Investment 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.


Parkway Life Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Parkway Life Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Parkway Life Real Estate Investment 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.

Parkway Life Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Parkway Life Real Estate Investment Trust'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)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

Parkway Life Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.038 98.209 0.050
201306 0.037 98.518 0.049
201309 0.039 98.790 0.051
201312 0.041 98.326 0.054
201403 0.041 99.695 0.053
201406 0.042 100.560 0.054
201409 0.042 100.428 0.054
201412 0.041 99.070 0.054
201503 0.041 99.621 0.053
201506 0.042 100.684 0.054
201509 0.043 100.392 0.055
201512 0.043 99.792 0.056
201603 0.044 100.470 0.057
201606 0.045 101.688 0.057
201609 0.046 101.861 0.058
201612 0.045 101.863 0.057
201703 0.045 102.862 0.057
201706 0.046 103.349 0.058
201709 0.046 104.136 0.057
201712 0.045 104.011 0.056
201803 0.046 105.290 0.057
201806 0.046 106.317 0.056
201809 0.047 106.507 0.057
201812 0.046 105.998 0.056
201903 0.047 107.251 0.057
201906 0.048 108.070 0.057
201909 0.049 108.329 0.059
201912 0.045 108.420 0.054
202003 0.049 108.902 0.058
202006 0.050 108.767 0.059
202009 0.050 109.815 0.059
202012 0.050 109.897 0.059
202103 0.050 111.754 0.058
202106 0.049 114.631 0.055
202109 0.050 115.734 0.056
202112 0.050 117.630 0.055
202206 0.000 125.017 0.000
202212 0.000 125.222 0.000
202306 0.000 128.729 0.000
202312 0.000 129.419 0.000

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.


Parkway Life Real Estate Investment Trust  (SGX:C2PU) 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.


Parkway Life Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


Parkway Life Real Estate Investment Trust (SGX:C2PU) Business Description

Traded in Other Exchanges
Address
80 Robinson Road, Number 02-00, Singapore, SGP, 068898
Parkway Life Real Estate Investment Trust is a healthcare facility's real estate investment trust. that operates three segments: hospital and medical centers, nursing homes, and pharmaceutical manufacturing and distribution. Majority of the company's sales are generated by its hospital and medical centers segment, which invests in healthcare real estate assets. Majority of the company's revenuen is generated from Singapore, followed by Japan. The company considers merger and acquisition investment as a component of its operational growth strategy.

Parkway Life Real Estate Investment Trust (SGX:C2PU) Headlines

No Headlines