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Sunstone Hotel Investors (Sunstone Hotel Investors) Cyclically Adjusted PS Ratio : 1.88 (As of Apr. 27, 2024)


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What is Sunstone Hotel Investors Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Sunstone Hotel Investors's current share price is $10.30. Sunstone Hotel Investors's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.48. Sunstone Hotel Investors's Cyclically Adjusted PS Ratio for today is 1.88.

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

SHO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.77   Max: 2.35
Current: 1.88

During the past years, Sunstone Hotel Investors's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 0.89. And the median was 1.77.

SHO's Cyclically Adjusted PS Ratio is ranked better than
83.06% of 490 companies
in the REITs industry
Industry Median: 4.99 vs SHO: 1.88

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.

Sunstone Hotel Investors's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.076. 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 $5.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunstone Hotel Investors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sunstone Hotel Investors'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.

Sunstone Hotel Investors Cyclically Adjusted PS Ratio Chart

Sunstone Hotel Investors 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 2.26 1.97 2.09 1.74 1.96

Sunstone Hotel Investors 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 1.74 1.76 1.80 1.68 1.96

Competitive Comparison of Sunstone Hotel Investors's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Sunstone Hotel Investors'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.


Sunstone Hotel Investors's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Sunstone Hotel Investors's Cyclically Adjusted PS Ratio falls into.



Sunstone Hotel Investors 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.

Sunstone Hotel Investors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.30/5.48
=1.88

* 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.

Sunstone Hotel Investors's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sunstone Hotel Investors'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)
=1.076/129.4194*129.4194
=1.076

Current CPI (Dec. 2023) = 129.4194.

Sunstone Hotel Investors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.345 99.695 1.746
201406 1.648 100.560 2.121
201409 1.518 100.428 1.956
201412 1.421 99.070 1.856
201503 1.377 99.621 1.789
201506 1.634 100.684 2.100
201509 1.564 100.392 2.016
201512 1.450 99.792 1.880
201603 1.288 100.470 1.659
201606 1.496 101.688 1.904
201609 1.408 101.861 1.789
201612 1.340 101.863 1.703
201703 1.281 102.862 1.612
201706 1.448 103.349 1.813
201709 1.356 104.136 1.685
201712 1.294 104.011 1.610
201803 1.210 105.290 1.487
201806 1.409 106.317 1.715
201809 1.274 106.507 1.548
201812 1.237 105.998 1.510
201903 1.134 107.251 1.368
201906 1.332 108.070 1.595
201909 1.254 108.329 1.498
201912 1.221 108.420 1.457
202003 0.865 108.902 1.028
202006 0.049 108.767 0.058
202009 0.135 109.815 0.159
202012 0.174 109.897 0.205
202103 0.236 111.754 0.273
202106 0.545 114.631 0.615
202109 0.769 115.734 0.860
202112 0.798 117.630 0.878
202203 0.793 121.301 0.846
202206 1.179 125.017 1.221
202209 1.156 125.227 1.195
202212 1.168 125.222 1.207
202303 1.176 127.348 1.195
202306 1.335 128.729 1.342
202309 1.204 129.860 1.200
202312 1.076 129.419 1.076

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.


Sunstone Hotel Investors  (NYSE:SHO) 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.


Sunstone Hotel Investors Cyclically Adjusted PS Ratio Related Terms

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


Sunstone Hotel Investors (Sunstone Hotel Investors) Business Description

Traded in Other Exchanges
Address
15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656
Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.
Executives
Robert C Springer officer: SVP - Acquisitions 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Aaron Robert Reyes officer: Chief Financial Officer 200 SPECTRUM CENTER DRIVE, 21ST FLOOR, IRVINE CA 92618
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
David M Klein officer: SVP - General Counsel 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Verett Ann Mims director 15 ENTERPRISE, SUITE 200, ALISO VIEJO CA 92656
Kristina M Leslie director DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Keith P Russell director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Christopher Gerard Ostapovicz officer: Chief Operating Officer 200 SPECTRUM CENTER DRIVE, 21ST FLOOR, IRVINE CA 92618
Marc Andrew Hoffman officer: EVP - Chief Operating Officer 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
W Blake Baird director 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Monica S Digilio director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Murray J. Mccabe director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
John V Arabia officer: Executive Vice President - CFO 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Bryan Albert Giglia officer: SVP - Chief Financial Officer 200 SPECTRUM CENTER DRIVE, 21ST FLOOR, IRVINE CA 92618
Thomas A Lewis director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618