GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Iron Mountain Inc (NYSE:IRM) » Definitions » Cyclically Adjusted PS Ratio

IRM (Iron Mountain) Cyclically Adjusted PS Ratio : 6.48 (As of Oct. 10, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Iron Mountain Cyclically Adjusted PS Ratio?

As of today (2024-10-10), Iron Mountain's current share price is $120.49. Iron Mountain's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $18.60. Iron Mountain's Cyclically Adjusted PS Ratio for today is 6.48.

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

IRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.27   Max: 6.39
Current: 6.39

During the past years, Iron Mountain's highest Cyclically Adjusted PS Ratio was 6.39. The lowest was 1.35. And the median was 2.27.

IRM's Cyclically Adjusted PS Ratio is ranked worse than
57.55% of 497 companies
in the REITs industry
Industry Median: 5.46 vs IRM: 6.39

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.

Iron Mountain's adjusted revenue per share data for the three months ended in Jun. 2024 was $5.187. 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 $18.60 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iron Mountain'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.

Iron Mountain Cyclically Adjusted PS Ratio Chart

Iron Mountain 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 1.94 1.81 3.05 2.80 3.84

Iron Mountain Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.12 3.25 3.84 4.33 4.82

Competitive Comparison of Iron Mountain's Cyclically Adjusted PS Ratio

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Iron Mountain 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.

Iron Mountain's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=120.49/18.6
=6.48

* 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.

Iron Mountain's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Iron Mountain's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.187/132.5538*132.5538
=5.187

Current CPI (Jun. 2024) = 132.5538.

Iron Mountain Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 4.016 100.428 5.301
201412 3.786 99.070 5.066
201503 3.530 99.621 4.697
201506 3.582 100.684 4.716
201509 3.523 100.392 4.652
201512 3.545 99.792 4.709
201603 3.533 100.470 4.661
201606 3.587 101.688 4.676
201609 3.565 101.861 4.639
201612 3.532 101.863 4.596
201703 3.545 102.862 4.568
201706 3.585 103.349 4.598
201709 3.628 104.136 4.618
201712 3.651 104.011 4.653
201803 3.645 105.290 4.589
201806 3.702 106.317 4.616
201809 3.697 106.507 4.601
201812 3.698 105.998 4.624
201903 3.666 107.251 4.531
201906 3.711 108.070 4.552
201909 3.692 108.329 4.518
201912 3.747 108.420 4.581
202003 3.706 108.902 4.511
202006 3.410 108.767 4.156
202009 3.589 109.815 4.332
202012 3.665 109.897 4.421
202103 3.737 111.754 4.433
202106 3.847 114.631 4.448
202109 3.877 115.734 4.440
202112 3.974 117.630 4.478
202203 4.276 121.301 4.673
202206 4.409 125.017 4.675
202209 4.399 125.227 4.656
202212 4.367 125.222 4.623
202303 4.485 127.348 4.668
202306 4.626 128.729 4.763
202309 4.717 129.860 4.815
202312 4.813 129.419 4.930
202403 5.003 131.776 5.033
202406 5.187 132.554 5.187

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.


Iron Mountain  (NYSE:IRM) 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.


Iron Mountain Cyclically Adjusted PS Ratio Related Terms

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


Iron Mountain Business Description

Industry
Address
85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is a record management services provider. It is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.
Executives
William L Meaney director, officer: President and CEO C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Wendy J. Murdock director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Deborah Marson officer: EVP, General Counsel, Sec. C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Edward Baker-greene officer: EVP, CHRO 601 MERRITT 7, NORWALK CT 06851
John Tomovcsik officer: EVP, G. Mgr., Rec. & Inf. Mgmt C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Barry Hytinen officer: EVP & CFO 1000 TEMPUR WAY, LEXINGTON KY 40502
Daniel Borges officer: VP & Chief Accounting Officer C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Greg W Mcintosh officer: EVP, Strategic Accounts C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Walter C Rakowich director 14100 E 35TH PL, AURORA CO 80011
Mark Kidd officer: SVP, GM Data Centers C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Robin Matlock director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Wing Cheung Hwang officer: EVP&GM, Data Centers C/O IRON MOUNTAIN INC., 85 NEW HAMPSHIRE AVE, SUITE 150, PORTSMOUTH NH 03801
Samuels Theodore R. Ii director 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Jennifer Allerton director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Deirdre Evens officer: EVP and Chief of Operations 10 STILLMEADOW WAY, FRAMINGHAM MA 01702