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Mapletree Logistics Trust (SGX:M44U) Cyclically Adjusted PS Ratio : 8.12 (As of May. 24, 2024)


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What is Mapletree Logistics Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Mapletree Logistics Trust's current share price is S$1.38. Mapletree Logistics Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was S$0.17. Mapletree Logistics Trust's Cyclically Adjusted PS Ratio for today is 8.12.

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

SGX:M44U' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.71   Med: 11   Max: 15.26
Current: 8.18

During the past years, Mapletree Logistics Trust's highest Cyclically Adjusted PS Ratio was 15.26. The lowest was 7.71. And the median was 11.00.

SGX:M44U's Cyclically Adjusted PS Ratio is ranked worse than
72.8% of 489 companies
in the REITs industry
Industry Median: 4.97 vs SGX:M44U: 8.18

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.

Mapletree Logistics Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was S$0.037. 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 S$0.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Logistics Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mapletree Logistics 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.

Mapletree Logistics Trust Cyclically Adjusted PS Ratio Chart

Mapletree Logistics Trust 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 10.69 11.30 13.29 11.62 10.31

Mapletree Logistics Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.73 10.31 9.68 9.97 10.39

Competitive Comparison of Mapletree Logistics Trust's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Mapletree Logistics 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.


Mapletree Logistics Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Mapletree Logistics 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.

Mapletree Logistics Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.38/0.17
=8.12

* 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.

Mapletree Logistics Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mapletree Logistics 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)
=0.037/129.4194*129.4194
=0.037

Current CPI (Dec. 2023) = 129.4194.

Mapletree Logistics Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.033 99.695 0.043
201406 0.033 100.560 0.042
201409 0.033 100.428 0.043
201412 0.033 99.070 0.043
201503 0.034 99.621 0.044
201506 0.034 100.684 0.044
201509 0.035 100.392 0.045
201512 0.036 99.792 0.047
201603 0.035 100.470 0.045
201606 0.036 101.688 0.046
201609 0.037 101.861 0.047
201612 0.038 101.863 0.048
201703 0.038 102.862 0.048
201706 0.038 103.349 0.048
201709 0.037 104.136 0.046
201712 0.032 104.011 0.040
201803 0.035 105.290 0.043
201806 0.029 106.317 0.035
201809 0.033 106.507 0.040
201812 0.034 105.998 0.042
201903 0.034 107.251 0.041
201906 0.033 108.070 0.040
201909 0.033 108.329 0.039
201912 0.032 108.420 0.038
202003 0.034 108.902 0.040
202006 0.035 108.767 0.042
202009 0.035 109.815 0.041
202012 0.034 109.897 0.040
202103 0.034 111.754 0.039
202106 0.038 114.631 0.043
202109 0.038 115.734 0.042
202112 0.038 117.630 0.042
202203 0.038 121.301 0.041
202206 0.039 125.017 0.040
202209 0.038 125.227 0.039
202212 0.037 125.222 0.038
202303 0.037 127.348 0.038
202306 0.037 128.729 0.037
202309 0.038 129.860 0.038
202312 0.037 129.419 0.037

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.


Mapletree Logistics Trust  (SGX:M44U) 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.


Mapletree Logistics Trust Cyclically Adjusted PS Ratio Related Terms

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


Mapletree Logistics Trust (SGX:M44U) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Logistics Trust is a real estate investment trust focusing on logistics properties. As of March 31, 2023, the trust had a SGD 12.8 billion portfolio of 185 properties, spread across Singapore, Hong Kong, Japan, China, South Korea, Australia, Malaysia, Vietnam, and India. The trust is externally managed by Mapletree Logistics Trust Management Ltd, a subsidiary of Mapletree Investments Pte Ltd, which owns around a 32% stake in the trust.

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