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Terra Firma Capital (TSXV:TII) Cyclically Adjusted PS Ratio : 4.24 (As of Jun. 03, 2024)


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What is Terra Firma Capital Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Terra Firma Capital's current share price is C$7.25. Terra Firma Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was C$1.71. Terra Firma Capital's Cyclically Adjusted PS Ratio for today is 4.24.

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

TSXV:TII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.41   Med: 4.22   Max: 7.86
Current: 4.25

During the past years, Terra Firma Capital's highest Cyclically Adjusted PS Ratio was 7.86. The lowest was 2.41. And the median was 4.22.

TSXV:TII's Cyclically Adjusted PS Ratio is not ranked
in the Banks industry.
Industry Median: 2.38 vs TSXV:TII: 4.25

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.

Terra Firma Capital's adjusted revenue per share data for the three months ended in Jun. 2023 was C$0.188. 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$1.71 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terra Firma Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Terra Firma 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.

Terra Firma Capital Cyclically Adjusted PS Ratio Chart

Terra Firma Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 4.30 4.05 4.02 3.25

Terra Firma Capital Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.62 2.88 3.25 3.66 3.52

Competitive Comparison of Terra Firma Capital's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Terra Firma 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.


Terra Firma Capital's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Terra Firma Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Terra Firma 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.25/1.71
=4.24

* 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.

Terra Firma Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Terra Firma Capital's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.188/124.2033*124.2033
=0.188

Current CPI (Jun. 2023) = 124.2033.

Terra Firma Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.247 97.419 0.315
201312 0.293 96.945 0.375
201403 0.276 98.604 0.348
201406 0.317 99.473 0.396
201409 0.366 99.394 0.457
201412 0.344 98.367 0.434
201503 0.432 99.789 0.538
201506 0.403 100.500 0.498
201509 0.460 100.421 0.569
201512 0.620 99.947 0.770
201603 0.162 101.054 0.199
201606 0.165 102.002 0.201
201609 0.254 101.765 0.310
201612 0.304 101.449 0.372
201703 0.247 102.634 0.299
201706 0.106 103.029 0.128
201709 0.172 103.345 0.207
201712 0.263 103.345 0.316
201803 0.193 105.004 0.228
201806 0.599 105.557 0.705
201809 0.190 105.636 0.223
201812 0.831 105.399 0.979
201903 0.353 106.979 0.410
201906 0.445 107.690 0.513
201909 0.442 107.611 0.510
201912 0.565 107.769 0.651
202003 0.239 107.927 0.275
202006 0.490 108.401 0.561
202009 0.548 108.164 0.629
202012 0.519 108.559 0.594
202103 0.387 110.298 0.436
202106 0.453 111.720 0.504
202109 0.411 112.905 0.452
202112 0.548 113.774 0.598
202203 0.304 117.646 0.321
202206 0.490 120.806 0.504
202209 0.432 120.648 0.445
202212 0.214 120.964 0.220
202303 0.380 122.702 0.385
202306 0.188 124.203 0.188

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.


Terra Firma Capital  (TSXV:TII) 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.


Terra Firma Capital Cyclically Adjusted PS Ratio Related Terms

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


Terra Firma Capital (TSXV:TII) Business Description

Traded in Other Exchanges
N/A
Address
22 Saint Clair Avenue East, Weston Centre, Suite 200, Toronto, ON, CAN, M4T 2S5
Terra Firma Capital Corp is a real estate finance company that provides real estate financings secured by investment properties and real estate developments throughout Canada and the U.S. These financings are made to real estate developers and owners who require shorter-term loans to bridge a transitional period of one to five years where it requires capital at various stages of development or redevelopment properties, for such development or redevelopment, properties repairs or the purchase of investment properties.

Terra Firma Capital (TSXV:TII) Headlines

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