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STORE Capital (STORE Capital) Cyclically Adjusted PS Ratio : 12.94 (As of May. 06, 2024)


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What is STORE Capital Cyclically Adjusted PS Ratio?

As of today (2024-05-06), STORE Capital's current share price is $32.21. STORE Capital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 was $2.49. STORE Capital's Cyclically Adjusted PS Ratio for today is 12.94.

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

STOR's Cyclically Adjusted PS Ratio is not ranked *
in the REITs industry.
Industry Median: 4.97
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

STORE Capital's adjusted revenue per share data of for the fiscal year that ended in Dec21 was $2.898. 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 $2.49 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


STORE Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for STORE Capital'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.

STORE Capital Cyclically Adjusted PS Ratio Chart

STORE Capital Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.80

STORE Capital Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - 13.80 - - -

Competitive Comparison of STORE Capital's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, STORE Capital'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.


STORE Capital's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



STORE Capital 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.

STORE Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.21/2.49
=12.94

* 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.

STORE Capital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 is calculated as:

For example, STORE Capital's adjusted Revenue per Share data for the fiscal year that ended in Dec21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=2.898/117.6295*117.6295
=2.898

Current CPI (Dec21) = 117.6295.

STORE Capital Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.366 96.871 0.444
201312 0.982 98.326 1.175
201412 2.427 99.070 2.882
201512 2.330 99.792 2.746
201612 2.524 101.863 2.915
201712 2.535 104.011 2.867
201812 2.639 105.998 2.929
201912 2.891 108.420 3.137
202012 2.748 109.897 2.941
202112 2.898 117.630 2.898

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.


STORE Capital  (NYSE:STOR) 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.


STORE Capital Cyclically Adjusted PS Ratio Related Terms

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


STORE Capital (STORE Capital) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8377 East Hartford Drive, Suite 100, Scottsdale, AZ, USA, 85255
STORE Capital Corp is a real estate investment trust involved in the acquisition and management of single tenant operation real estate, or STORE, properties across the U.S. STORE Capital primarily leases facilities at which a company operates its business and generates sales to middle-market and large businesses through long-term agreements. Most of STORE's revenue comes from its service sector customers, which include, notably, restaurants, movie theaters, health clubs, early childhood education centers, and furniture stores. A sizable percentage of STORE's total real estate portfolio is comprised of the restaurant and industrial locations. Specifically, properties in Texas, Illinois, and Georgia make up a large amount of STORE's investments as well.
Executives
Ashley A. Dembowski officer: SVP - Chief Accounting Officer 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David Alexander Mcelyea officer: EVP Data Analytics 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David Michael Edwards director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Lori Markson officer: EVP - Portfolio Operations 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Sherry L Rexroad officer: CFO, EVP and Treasurer 2 BAYBERRY CIRCLE, AMBLER PA 19002
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Tyler Maertz officer: EVP - Acquisitions 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Craig Barnett officer: EVP-Underwriting Portfolio Mgt 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Catherine F. Long officer: CFO, EVP and Treasurer 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Tawn Kelley director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Christopher H Volk director, officer: President and CEO 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
William Franklin Hipp director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Chad Allen Freed officer: EVP GC CCO & Sec. 8377 E. HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Mary Fedewa officer: EVP - Acquisitions 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255