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Host Hotels & Resorts (LTS:0J66) Cyclically Adjusted Revenue per Share : $7.68 (As of Mar. 2024)


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What is Host Hotels & Resorts 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.

Host Hotels & Resorts's adjusted revenue per share for the three months ended in Mar. 2024 was $2.085. 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 $7.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Host Hotels & Resorts's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% 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 Host Hotels & Resorts was 2.20% per year. The lowest was -5.80% per year. And the median was -2.80% per year.

As of today (2024-05-26), Host Hotels & Resorts's current stock price is $18.27. Host Hotels & Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.68. Host Hotels & Resorts's Cyclically Adjusted PS Ratio of today is 2.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Host Hotels & Resorts was 2.81. The lowest was 1.18. And the median was 2.28.


Host Hotels & Resorts Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Host Hotels & Resorts'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.

Host Hotels & Resorts Cyclically Adjusted Revenue per Share Chart

Host Hotels & Resorts 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 7.67 7.19 7.36 7.43 7.67

Host Hotels & Resorts 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 7.51 7.61 7.67 7.67 7.68

Competitive Comparison of Host Hotels & Resorts's Cyclically Adjusted Revenue per Share

For the REIT - Hotel & Motel subindustry, Host Hotels & Resorts'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.


Host Hotels & Resorts's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Host Hotels & Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Host Hotels & Resorts's Cyclically Adjusted PS Ratio falls into.



Host Hotels & Resorts 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, Host Hotels & Resorts'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)
=2.085/131.7762*131.7762
=2.085

Current CPI (Mar. 2024) = 131.7762.

Host Hotels & Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.893 100.560 2.481
201409 1.711 100.428 2.245
201412 1.464 99.070 1.947
201503 1.722 99.621 2.278
201506 1.832 100.684 2.398
201509 1.718 100.392 2.255
201512 1.758 99.792 2.321
201603 1.786 100.470 2.343
201606 1.960 101.688 2.540
201609 1.747 101.861 2.260
201612 1.809 101.863 2.340
201703 1.826 102.862 2.339
201706 1.950 103.349 2.486
201709 1.697 104.136 2.147
201712 1.815 104.011 2.300
201803 1.820 105.290 2.278
201806 2.051 106.317 2.542
201809 1.754 106.507 2.170
201812 1.835 105.998 2.281
201903 1.876 107.251 2.305
201906 2.006 108.070 2.446
201909 1.739 108.329 2.115
201912 1.857 108.420 2.257
202003 1.486 108.902 1.798
202006 0.146 108.767 0.177
202009 0.281 109.815 0.337
202012 0.379 109.897 0.454
202103 0.565 111.754 0.666
202106 0.917 114.631 1.054
202109 1.182 115.734 1.346
202112 1.397 117.630 1.565
202203 1.500 121.301 1.630
202206 1.926 125.017 2.030
202209 1.657 125.227 1.744
202212 1.760 125.222 1.852
202303 1.932 127.348 1.999
202306 1.953 128.729 1.999
202309 1.705 129.860 1.730
202312 1.862 129.419 1.896
202403 2.085 131.776 2.085

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


Host Hotels & Resorts  (LTS:0J66) 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.

Host Hotels & Resorts's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.27/7.68
=2.38

* 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 Host Hotels & Resorts was 2.81. The lowest was 1.18. And the median was 2.28.


Be Aware

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


Host Hotels & Resorts Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Host Hotels & Resorts's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Host Hotels & Resorts (LTS:0J66) Business Description

Industry
Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1300, Bethesda, MD, USA, 20814
Host Hotels & Resorts owns 77 predominantly urban and resort upper-upscale and luxury hotel properties representing nearly 42,000 rooms, mainly in the United States. Host recently sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.

Host Hotels & Resorts (LTS:0J66) Headlines

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