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Blackstone Mortgage Trust (STU:079A) Cyclically Adjusted PS Ratio : 4.12 (As of May. 31, 2024)


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What is Blackstone Mortgage Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Blackstone Mortgage Trust's current share price is €15.20. Blackstone Mortgage Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.69. Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio for today is 4.12.

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

STU:079A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 4.58   Max: 161.08
Current: 4.27

During the past years, Blackstone Mortgage Trust's highest Cyclically Adjusted PS Ratio was 161.08. The lowest was 0.81. And the median was 4.58.

STU:079A's Cyclically Adjusted PS Ratio is ranked better than
55.6% of 491 companies
in the REITs industry
Industry Median: 4.94 vs STU:079A: 4.27

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.

Blackstone Mortgage Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.753. 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 €3.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackstone Mortgage Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Blackstone Mortgage 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.

Blackstone Mortgage Trust Cyclically Adjusted PS Ratio Chart

Blackstone Mortgage 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 148.02 11.79 5.34 5.73 5.42

Blackstone Mortgage Trust 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 4.67 5.38 5.53 5.42 4.97

Competitive Comparison of Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, Blackstone Mortgage 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.


Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Blackstone Mortgage 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.

Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.20/3.69
=4.12

* 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.

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

For example, Blackstone Mortgage Trust'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)
=0.753/131.7762*131.7762
=0.753

Current CPI (Mar. 2024) = 131.7762.

Blackstone Mortgage Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.520 100.560 0.681
201409 0.509 100.428 0.668
201412 0.591 99.070 0.786
201503 0.895 99.621 1.184
201506 0.601 100.684 0.787
201509 0.830 100.392 1.089
201512 0.803 99.792 1.060
201603 0.742 100.470 0.973
201606 0.870 101.688 1.127
201609 0.811 101.861 1.049
201612 0.721 101.863 0.933
201703 0.707 102.862 0.906
201706 0.679 103.349 0.866
201709 0.694 104.136 0.878
201712 0.685 104.011 0.868
201803 0.639 105.290 0.800
201806 0.814 106.317 1.009
201809 0.775 106.507 0.959
201812 0.738 105.998 0.917
201903 0.755 107.251 0.928
201906 0.745 108.070 0.908
201909 0.688 108.329 0.837
201912 0.732 108.420 0.890
202003 0.672 108.902 0.813
202006 0.688 108.767 0.834
202009 0.666 109.815 0.799
202012 0.613 109.897 0.735
202103 0.622 111.754 0.733
202106 0.642 114.631 0.738
202109 0.669 115.734 0.762
202112 0.949 117.630 1.063
202203 0.691 121.301 0.751
202206 0.752 125.017 0.793
202209 0.851 125.227 0.896
202212 1.051 125.222 1.106
202303 0.899 127.348 0.930
202306 0.905 128.729 0.926
202309 0.898 129.860 0.911
202312 0.816 129.419 0.831
202403 0.753 131.776 0.753

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.


Blackstone Mortgage Trust  (STU:079A) 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.


Blackstone Mortgage Trust Cyclically Adjusted PS Ratio Related Terms

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


Blackstone Mortgage Trust (STU:079A) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.

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