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Green Brick Partners (Green Brick Partners) Cyclically Adjusted PS Ratio : 2.70 (As of Apr. 27, 2024)


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What is Green Brick Partners Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Green Brick Partners's current share price is $55.59. Green Brick Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.60. Green Brick Partners's Cyclically Adjusted PS Ratio for today is 2.70.

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

GRBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.34   Max: 2.96
Current: 2.7

During the past years, Green Brick Partners's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 0.07. And the median was 0.34.

GRBK's Cyclically Adjusted PS Ratio is ranked worse than
88.16% of 76 companies
in the Homebuilding & Construction industry
Industry Median: 0.885 vs GRBK: 2.70

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.

Green Brick Partners's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.854. 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 $20.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Brick Partners Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Green Brick Partners'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.

Green Brick Partners Cyclically Adjusted PS Ratio Chart

Green Brick Partners 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 0.22 1.07 2.30 1.35 2.52

Green Brick Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.35 1.86 2.90 2.06 2.52

Competitive Comparison of Green Brick Partners's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Green Brick Partners'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.


Green Brick Partners's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Green Brick Partners's Cyclically Adjusted PS Ratio falls into.



Green Brick Partners 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.

Green Brick Partners's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.59/20.6
=2.70

* 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.

Green Brick Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Green Brick Partners's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.854/129.4194*129.4194
=9.854

Current CPI (Dec. 2023) = 129.4194.

Green Brick Partners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.013 99.695 0.017
201406 0.007 100.560 0.009
201409 0.001 100.428 0.001
201412 7.846 99.070 10.250
201503 1.865 99.621 2.423
201506 2.296 100.684 2.951
201509 1.547 100.392 1.994
201512 1.748 99.792 2.267
201603 1.433 100.470 1.846
201606 2.023 101.688 2.575
201609 1.874 101.861 2.381
201612 2.665 101.863 3.386
201703 2.027 102.862 2.550
201706 2.136 103.349 2.675
201709 2.279 104.136 2.832
201712 2.767 104.011 3.443
201803 2.547 105.290 3.131
201806 3.098 106.317 3.771
201809 2.994 106.507 3.638
201812 3.650 105.998 4.457
201903 3.332 107.251 4.021
201906 3.618 108.070 4.333
201909 4.139 108.329 4.945
201912 4.546 108.420 5.426
202003 4.211 108.902 5.004
202006 4.593 108.767 5.465
202009 5.421 109.815 6.389
202012 4.986 109.897 5.872
202103 4.598 111.754 5.325
202106 7.320 114.631 8.264
202109 6.702 115.734 7.494
202112 8.850 117.630 9.737
202203 7.729 121.301 8.246
202206 10.854 125.017 11.236
202209 8.794 125.227 9.088
202212 9.308 125.222 9.620
202303 9.753 127.348 9.912
202306 9.972 128.729 10.026
202309 9.150 129.860 9.119
202312 9.854 129.419 9.854

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.


Green Brick Partners  (NYSE:GRBK) 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.


Green Brick Partners Cyclically Adjusted PS Ratio Related Terms

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


Green Brick Partners (Green Brick Partners) Business Description

Traded in Other Exchanges
Address
2805 Dallas Parkway, Suite 400, Plano, TX, USA, 75093
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of company's revenue is generated from the builder operations central segment that is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.
Executives
David Einhorn director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Jed Dolson officer: See Remarks 3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Dme Capital Management, Lp director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Elizabeth Blake director BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Harry Brandler director 2 GRAND CENTRAL TOWER, 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Kathleen Olsen director 4 BROOKSIDE DRIVE, PORT WASHINGTON NY 11050
Richard S Press director 101 BOGLE STREET, WESTON MA 02493
Richard Arthur Costello officer: Chief Financial Officer 2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093
Neal J Suit officer: General Counsel & EVP C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Lila A Murphy director 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
John R Farris director P.O. BOX 309, FRANKFORT KY 40602-0309
Summer Loveland officer: Chief Accounting Officer 2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093