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CT Real Estate Investment Trust (TSX:CRT.UN) Cyclically Adjusted PS Ratio : 8.03 (As of Jun. 09, 2024)


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What is CT Real Estate Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-09), CT Real Estate Investment Trust's current share price is C$13.65. CT Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.70. CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 8.03.

The historical rank and industry rank for CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:CRT.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.58   Med: 8.27   Max: 8.9
Current: 8.03

During the past years, CT Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 8.90. The lowest was 7.58. And the median was 8.27.

TSX:CRT.UN's Cyclically Adjusted PS Ratio is ranked worse than
72.76% of 492 companies
in the REITs industry
Industry Median: 4.875 vs TSX:CRT.UN: 8.03

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.

CT Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.425. 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 C$1.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CT Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CT 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.

CT Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

CT 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 - - - - 8.76

CT Real Estate Investment 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 - - 8.17 8.76 8.39

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

For the REIT - Retail subindustry, CT 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.


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

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

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



CT 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.

CT Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.65/1.7
=8.03

* 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.

CT Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CT Real Estate Investment 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)
=0.425/126.2576*126.2576
=0.425

Current CPI (Mar. 2024) = 126.2576.

CT Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.244 99.473 0.310
201409 0.259 99.394 0.329
201412 0.295 98.367 0.379
201503 0.284 99.789 0.359
201506 0.279 100.500 0.351
201509 0.299 100.421 0.376
201512 0.312 99.947 0.394
201603 0.319 101.054 0.399
201606 0.329 102.002 0.407
201609 0.334 101.765 0.414
201612 0.337 101.449 0.419
201703 0.360 102.634 0.443
201706 0.356 103.029 0.436
201709 0.343 103.345 0.419
201712 0.374 103.345 0.457
201803 0.359 105.004 0.432
201806 0.365 105.557 0.437
201809 0.362 105.636 0.433
201812 0.322 105.399 0.386
201903 0.374 106.979 0.441
201906 0.379 107.690 0.444
201909 0.377 107.611 0.442
201912 0.422 107.769 0.494
202003 0.364 107.927 0.426
202006 0.375 108.401 0.437
202009 0.369 108.164 0.431
202012 0.436 108.559 0.507
202103 0.404 110.298 0.462
202106 0.406 111.720 0.459
202109 0.399 112.905 0.446
202112 0.390 113.774 0.433
202203 0.418 117.646 0.449
202206 0.410 120.806 0.429
202209 0.408 120.648 0.427
202212 0.405 120.964 0.423
202303 0.421 122.702 0.433
202306 0.413 124.203 0.420
202309 0.583 125.230 0.588
202312 0.411 125.072 0.415
202403 0.425 126.258 0.425

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.


CT Real Estate Investment Trust  (TSX:CRT.UN) 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.


CT Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


CT Real Estate Investment Trust (TSX:CRT.UN) Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

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