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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Cyclically Adjusted Revenue per Share : $4.01 (As of Mar. 2024)


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What is SmartCentres Real Estate Investment Trust Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

SmartCentres Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2024 was $0.942. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $4.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SmartCentres Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of SmartCentres Real Estate Investment Trust was 3.50% per year. The lowest was 0.20% per year. And the median was 2.05% per year.

As of today (2024-05-22), SmartCentres Real Estate Investment Trust's current stock price is $16.80. SmartCentres Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.01. SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 4.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SmartCentres Real Estate Investment Trust was 7.97. The lowest was 3.54. And the median was 6.02.


SmartCentres Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust's Cyclically Adjusted Revenue per Share 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.

SmartCentres Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

SmartCentres Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 3.84 4.00 3.92 4.08

SmartCentres Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 3.96 4.05 4.04 4.08 4.01

Competitive Comparison of SmartCentres Real Estate Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, SmartCentres Real Estate Investment Trust'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.


SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



SmartCentres Real Estate Investment Trust Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SmartCentres Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.942/126.2576*126.2576
=0.942

Current CPI (Mar. 2024) = 126.2576.

SmartCentres Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.020 99.473 1.295
201409 0.984 99.394 1.250
201412 0.975 98.367 1.251
201503 0.919 99.789 1.163
201506 0.849 100.500 1.067
201509 0.849 100.421 1.067
201512 0.844 99.947 1.066
201603 0.880 101.054 1.099
201606 0.939 102.002 1.162
201609 0.857 101.765 1.063
201612 0.896 101.449 1.115
201703 0.893 102.634 1.099
201706 0.886 103.029 1.086
201709 0.939 103.345 1.147
201712 0.981 103.345 1.199
201803 0.971 105.004 1.168
201806 0.949 105.557 1.135
201809 0.936 105.636 1.119
201812 0.933 105.399 1.118
201903 0.922 106.979 1.088
201906 0.881 107.690 1.033
201909 0.876 107.611 1.028
201912 0.932 107.769 1.092
202003 0.858 107.927 1.004
202006 0.812 108.401 0.946
202009 0.814 108.164 0.950
202012 0.892 108.559 1.037
202103 0.912 110.298 1.044
202106 0.914 111.720 1.033
202109 0.905 112.905 1.012
202112 0.885 113.774 0.982
202203 0.941 117.646 1.010
202206 0.863 120.806 0.902
202209 0.822 120.648 0.860
202212 0.892 120.964 0.931
202303 0.904 122.702 0.930
202306 0.865 124.203 0.879
202309 0.846 125.230 0.853
202312 0.924 125.072 0.933
202403 0.942 126.258 0.942

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


SmartCentres Real Estate Investment Trust  (OTCPK:CWYUF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

SmartCentres Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.80/4.01
=4.19

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SmartCentres Real Estate Investment Trust was 7.97. The lowest was 3.54. And the median was 6.02.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


SmartCentres Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Headlines