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Rexford Industrial Realty (Rexford Industrial Realty) Cyclically Adjusted Revenue per Share : $3.18 (As of Mar. 2024)


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What is Rexford Industrial Realty 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.

Rexford Industrial Realty's adjusted revenue per share for the three months ended in Mar. 2024 was $0.998. 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 $3.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rexford Industrial Realty's average Cyclically Adjusted Revenue Growth Rate was 7.80% 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.

As of today (2024-05-23), Rexford Industrial Realty's current stock price is $44.05. Rexford Industrial Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.18. Rexford Industrial Realty's Cyclically Adjusted PS Ratio of today is 13.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Rexford Industrial Realty was 32.71. The lowest was 13.44. And the median was 19.64.


Rexford Industrial Realty Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Rexford Industrial Realty'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.

Rexford Industrial Realty Cyclically Adjusted Revenue per Share Chart

Rexford Industrial Realty 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 - - 2.48 2.86 3.09

Rexford Industrial Realty 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 2.95 3.03 3.08 3.09 3.18

Competitive Comparison of Rexford Industrial Realty's Cyclically Adjusted Revenue per Share

For the REIT - Industrial subindustry, Rexford Industrial Realty'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.


Rexford Industrial Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Rexford Industrial Realty's Cyclically Adjusted PS Ratio falls into.



Rexford Industrial Realty 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, Rexford Industrial Realty'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)
=0.998/131.7762*131.7762
=0.998

Current CPI (Mar. 2024) = 131.7762.

Rexford Industrial Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.590 100.560 0.773
201409 0.538 100.428 0.706
201412 0.458 99.070 0.609
201503 0.421 99.621 0.557
201506 0.413 100.684 0.541
201509 0.429 100.392 0.563
201512 0.473 99.792 0.625
201603 0.496 100.470 0.651
201606 0.476 101.688 0.617
201609 0.490 101.861 0.634
201612 0.526 101.863 0.680
201703 0.531 102.862 0.680
201706 0.538 103.349 0.686
201709 0.593 104.136 0.750
201712 0.586 104.011 0.742
201803 0.613 105.290 0.767
201806 0.620 106.317 0.768
201809 0.600 106.507 0.742
201812 0.603 105.998 0.750
201903 0.612 107.251 0.752
201906 0.606 108.070 0.739
201909 0.618 108.329 0.752
201912 0.663 108.420 0.806
202003 0.680 108.902 0.823
202006 0.666 108.767 0.807
202009 0.677 109.815 0.812
202012 0.701 109.897 0.841
202103 0.757 111.754 0.893
202106 0.774 114.631 0.890
202109 0.826 115.734 0.940
202112 0.862 117.630 0.966
202203 0.874 121.301 0.949
202206 0.903 125.017 0.952
202209 0.942 125.227 0.991
202212 0.967 125.222 1.018
202303 0.951 127.348 0.984
202306 0.976 128.729 0.999
202309 1.000 129.860 1.015
202312 1.000 129.419 1.018
202403 0.998 131.776 0.998

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


Rexford Industrial Realty  (NYSE:REXR) 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.

Rexford Industrial Realty's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.05/3.18
=13.85

* 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 Rexford Industrial Realty was 32.71. The lowest was 13.44. And the median was 19.64.


Be Aware

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


Rexford Industrial Realty Cyclically Adjusted Revenue per Share Related Terms

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


Rexford Industrial Realty (Rexford Industrial Realty) Business Description

Industry
Address
11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.
Executives
Laura E Clark officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Howard Schwimmer director, officer: Co-CEO, Co-President 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
David E. Lanzer officer: General Counsel 11620 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90025
Angela L. Kleiman director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael S. Frankel director, officer: Co-CEO 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Debra L Morris director 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Richard S Ziman director C/O AVP ADVISORS INC., 10940 WILSHIRE BLVD., STE. 1950, LOS ANGELES CA 90024
Adeel Khan officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Diana J Ingram director 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Tyler H Rose director 12200 W OLYMPIC BLVD, SUITE 200, LOS ANGELES CA 90064
Peter E Schwab director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Jonathan Abrams officer: General Counsel 355 SOUTH GRAND AVENUE, SUITE 3300, LOS ANGELES CA 90071
Joel S Marcus director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Leslie E Bider director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401