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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Median PS Value : C$50.87 (As of May. 05, 2024)


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What is Canadian Apartment Properties Real Estate Investment Trust Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Canadian Apartment Properties Real Estate Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$6.263. Canadian Apartment Properties Real Estate Investment Trust's 10-Year median PS Ratio is 8.1223. Therefore, the Median PS Value for today is C$50.87.

As of today (2024-05-05), Canadian Apartment Properties Real Estate Investment Trust's share price is C$44.41. Canadian Apartment Properties Real Estate Investment Trust's Median PS Value is C$50.87. Therefore, Canadian Apartment Properties Real Estate Investment Trust's Price to Median PS Value for today is 0.87.

The historical rank and industry rank for Canadian Apartment Properties Real Estate Investment Trust's Median PS Value or its related term are showing as below:

TSX:CAR.UN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.87   Med: 1.53   Max: 1.82
Current: 0.87

During the past 13 years, the highest Price to Median PS Value of Canadian Apartment Properties Real Estate Investment Trust was 1.82. The lowest was 0.87. And the median was 1.53.

TSX:CAR.UN's Price-to-Median-PS-Value is ranked worse than
61.31% of 367 companies
in the REITs industry
Industry Median: 0.8 vs TSX:CAR.UN: 0.87

Canadian Apartment Properties Real Estate Investment Trust Median PS Value Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Median PS Value 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.

Canadian Apartment Properties Real Estate Investment Trust Median PS Value Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.16 33.36 38.28 44.15 50.87

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 44.15 47.04 48.57 49.83 50.87

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's Median PS Value

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


Canadian Apartment Properties Real Estate Investment Trust's Price-to-Median-PS-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Price-to-Median-PS-Value falls into.



Canadian Apartment Properties Real Estate Investment Trust Median PS Value Calculation

Canadian Apartment Properties Real Estate Investment Trust's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=6.263*8.1223
=50.87

10-Year Median PS Ratio is 8.1223.
Canadian Apartment Properties Real Estate Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6.263.

* 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.


Canadian Apartment Properties Real Estate Investment Trust  (TSX:CAR.UN) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Canadian Apartment Properties Real Estate Investment Trust's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=44.41/50.87
=0.87

* 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.


Canadian Apartment Properties Real Estate Investment Trust Median PS Value Related Terms

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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