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Altarea SCA (XPAR:ALTA) Cyclically Adjusted PS Ratio : 0.71 (As of May. 23, 2024)


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What is Altarea SCA Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Altarea SCA's current share price is €103.80. Altarea SCA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was €145.24. Altarea SCA's Cyclically Adjusted PS Ratio for today is 0.71.

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

XPAR:ALTA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.51   Max: 2.34
Current: 0.69

During the past 13 years, Altarea SCA's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.46. And the median was 1.51.

XPAR:ALTA's Cyclically Adjusted PS Ratio is ranked better than
94.07% of 489 companies
in the REITs industry
Industry Median: 4.97 vs XPAR:ALTA: 0.69

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.

Altarea SCA's adjusted revenue per share data of for the fiscal year that ended in Dec22 was €143.283. 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 €145.24 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altarea SCA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA Cyclically Adjusted PS Ratio Chart

Altarea SCA 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 1.72 1.08 1.21 0.87 -

Altarea SCA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.21 - 0.87 - -

Competitive Comparison of Altarea SCA's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Altarea SCA 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.

Altarea SCA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.80/145.24
=0.71

* 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.

Altarea SCA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Altarea SCA's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=143.283/114.1600*114.1600
=143.283

Current CPI (Dec22) = 114.1600.

Altarea SCA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 126.671 99.800 144.897
201412 78.460 99.860 89.696
201512 91.017 100.040 103.863
201612 107.190 100.650 121.578
201712 118.989 101.850 133.370
201812 143.551 103.470 158.382
201912 182.568 104.980 198.533
202012 172.296 104.960 187.398
202112 161.903 107.850 171.375
202212 143.283 114.160 143.283

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.


Altarea SCA  (XPAR:ALTA) 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.


Altarea SCA Cyclically Adjusted PS Ratio Related Terms

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


Altarea SCA (XPAR:ALTA) Business Description

Industry
Traded in Other Exchanges
Address
8 avenue Delcasse, Paris, FRA, 75008
Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.

Altarea SCA (XPAR:ALTA) Headlines

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