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Summit Real Estate Holdings (XTAE:SMT) Cyclically Adjusted Revenue per Share : ₪8.60 (As of Mar. 2024)


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What is Summit Real Estate Holdings 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.

Summit Real Estate Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was ₪3.255. 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 ₪8.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Summit Real Estate Holdings's average Cyclically Adjusted Revenue Growth Rate was 17.50% 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.

As of today (2024-06-08), Summit Real Estate Holdings's current stock price is ₪42.30. Summit Real Estate Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪8.60. Summit Real Estate Holdings's Cyclically Adjusted PS Ratio of today is 4.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Summit Real Estate Holdings was 14.71. The lowest was 4.88. And the median was 6.90.


Summit Real Estate Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Summit Real Estate Holdings'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.

Summit Real Estate Holdings Cyclically Adjusted Revenue per Share Chart

Summit Real Estate Holdings 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 - - 5.66 6.90 8.13

Summit Real Estate Holdings 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 7.32 7.58 8.01 8.13 8.60

Competitive Comparison of Summit Real Estate Holdings's Cyclically Adjusted Revenue per Share

For the Real Estate Services subindustry, Summit Real Estate Holdings'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.


Summit Real Estate Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Summit Real Estate Holdings's Cyclically Adjusted PS Ratio falls into.



Summit Real Estate Holdings 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, Summit Real Estate Holdings'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)
=3.255/131.7762*131.7762
=3.255

Current CPI (Mar. 2024) = 131.7762.

Summit Real Estate Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 1.032 99.621 1.365
201506 0.975 100.684 1.276
201509 1.184 100.392 1.554
201512 1.193 99.792 1.575
201603 1.208 100.470 1.584
201606 1.133 101.688 1.468
201609 1.116 101.861 1.444
201612 1.056 101.863 1.366
201703 1.030 102.862 1.320
201706 1.040 103.349 1.326
201709 1.200 104.136 1.519
201712 1.218 104.011 1.543
201803 1.393 105.290 1.743
201806 1.426 106.317 1.767
201809 1.444 106.507 1.787
201812 2.410 105.998 2.996
201903 2.177 107.251 2.675
201906 1.916 108.070 2.336
201909 1.872 108.329 2.277
201912 1.875 108.420 2.279
202003 1.640 108.902 1.984
202006 1.545 108.767 1.872
202009 1.603 109.815 1.924
202012 1.780 109.897 2.134
202103 1.548 111.754 1.825
202106 1.744 114.631 2.005
202109 1.344 115.734 1.530
202112 1.750 117.630 1.960
202203 2.311 121.301 2.511
202206 2.638 125.017 2.781
202209 2.899 125.227 3.051
202212 3.393 125.222 3.571
202303 3.215 127.348 3.327
202306 3.467 128.729 3.549
202309 3.586 129.860 3.639
202312 3.385 129.419 3.447
202403 3.255 131.776 3.255

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


Summit Real Estate Holdings  (XTAE:SMT) 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.

Summit Real Estate Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=42.30/8.6
=4.92

* 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 Summit Real Estate Holdings was 14.71. The lowest was 4.88. And the median was 6.90.


Be Aware

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


Summit Real Estate Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Summit Real Estate Holdings (XTAE:SMT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
66 Hahistadrut Avenue, Haifa, ISR
Summit Real Estate Holdings Ltd is an Israel-based company. It is active in real estate industry. The company is involved in various aspects of the real estate business. It primarily emphasized on purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.

Summit Real Estate Holdings (XTAE:SMT) Headlines