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Gaming and Leisure Properties (STU:2GL) Cyclically Adjusted PS Ratio : 7.16 (As of Jun. 08, 2024)


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What is Gaming and Leisure Properties Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Gaming and Leisure Properties's current share price is €40.05. Gaming and Leisure Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.59. Gaming and Leisure Properties's Cyclically Adjusted PS Ratio for today is 7.16.

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

STU:2GL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.03   Med: 8.41   Max: 9.84
Current: 7.43

During the past years, Gaming and Leisure Properties's highest Cyclically Adjusted PS Ratio was 9.84. The lowest was 7.03. And the median was 8.41.

STU:2GL's Cyclically Adjusted PS Ratio is ranked worse than
67.89% of 492 companies
in the REITs industry
Industry Median: 4.92 vs STU:2GL: 7.43

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.

Gaming and Leisure Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.272. 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 €5.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaming and Leisure Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gaming and Leisure Properties'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.

Gaming and Leisure Properties Cyclically Adjusted PS Ratio Chart

Gaming and Leisure Properties 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 - - - 9.33 8.28

Gaming and Leisure Properties 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 9.05 8.24 7.58 8.28 7.63

Competitive Comparison of Gaming and Leisure Properties's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Gaming and Leisure Properties's Cyclically Adjusted PS Ratio falls into.



Gaming and Leisure Properties 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.

Gaming and Leisure Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.05/5.59
=7.16

* 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.

Gaming and Leisure Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gaming and Leisure Properties'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)
=1.272/131.7762*131.7762
=1.272

Current CPI (Mar. 2024) = 131.7762.

Gaming and Leisure Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.943 100.560 1.236
201409 0.969 100.428 1.271
201412 1.004 99.070 1.335
201503 1.160 99.621 1.534
201506 1.118 100.684 1.463
201509 1.109 100.392 1.456
201512 1.009 99.792 1.332
201603 1.125 100.470 1.476
201606 0.987 101.688 1.279
201609 1.000 101.861 1.294
201612 1.089 101.863 1.409
201703 1.083 102.862 1.387
201706 1.023 103.349 1.304
201709 0.956 104.136 1.210
201712 0.947 104.011 1.200
201803 0.922 105.290 1.154
201806 1.014 106.317 1.257
201809 1.014 106.507 1.255
201812 1.240 105.998 1.542
201903 1.183 107.251 1.454
201906 1.186 108.070 1.446
201909 1.213 108.329 1.476
201912 1.196 108.420 1.454
202003 1.191 108.902 1.441
202006 1.077 108.767 1.305
202009 1.193 109.815 1.432
202012 1.080 109.897 1.295
202103 1.085 111.754 1.279
202106 1.127 114.631 1.296
202109 1.075 115.734 1.224
202112 1.095 117.630 1.227
202203 1.153 121.301 1.253
202206 1.244 125.017 1.311
202209 1.309 125.227 1.377
202212 1.217 125.222 1.281
202303 1.263 127.348 1.307
202306 1.250 128.729 1.280
202309 1.275 129.860 1.294
202312 1.181 129.419 1.203
202403 1.272 131.776 1.272

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.


Gaming and Leisure Properties  (STU:2GL) 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.


Gaming and Leisure Properties Cyclically Adjusted PS Ratio Related Terms

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


Gaming and Leisure Properties (STU:2GL) Business Description

Traded in Other Exchanges
Address
845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions. Gaming revenue generated by TRS Properties, which encompasses the operations of Hollywood Casino Perryville and Hollywood Casino Baton Rouge, also represents a significant income stream for GLP.

Gaming and Leisure Properties (STU:2GL) Headlines

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