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UDR (UDR) Cyclically Adjusted Revenue per Share : $4.80 (As of Mar. 2024)


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What is UDR 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.

UDR's adjusted revenue per share for the three months ended in Mar. 2024 was $1.257. 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 $4.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UDR's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% 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 UDR was 12.20% per year. The lowest was -6.80% per year. And the median was 1.00% per year.

As of today (2024-05-24), UDR's current stock price is $39.00. UDR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.80. UDR's Cyclically Adjusted PS Ratio of today is 8.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UDR was 14.63. The lowest was 5.20. And the median was 9.70.


UDR Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for UDR'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.

UDR Cyclically Adjusted Revenue per Share Chart

UDR 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 3.70 3.78 4.10 4.45 4.70

UDR 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 4.55 4.62 4.69 4.70 4.80

Competitive Comparison of UDR's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, UDR'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.


UDR's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



UDR 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, UDR'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)
=1.257/131.7762*131.7762
=1.257

Current CPI (Mar. 2024) = 131.7762.

UDR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.808 100.560 1.059
201409 0.815 100.428 1.069
201412 0.819 99.070 1.089
201503 0.850 99.621 1.124
201506 0.821 100.684 1.075
201509 0.848 100.392 1.113
201512 0.864 99.792 1.141
201603 0.888 100.470 1.165
201606 0.890 101.688 1.153
201609 0.907 101.861 1.173
201612 0.905 101.863 1.171
201703 0.908 102.862 1.163
201706 0.922 103.349 1.176
201709 0.933 104.136 1.181
201712 0.941 104.011 1.192
201803 0.941 105.290 1.178
201806 0.966 106.317 1.197
201809 0.990 106.507 1.225
201812 0.988 105.998 1.228
201903 0.975 107.251 1.198
201906 0.996 108.070 1.214
201909 1.020 108.329 1.241
201912 1.036 108.420 1.259
202003 1.089 108.902 1.318
202006 1.041 108.767 1.261
202009 1.051 109.815 1.261
202012 1.025 109.897 1.229
202103 1.015 111.754 1.197
202106 1.046 114.631 1.202
202109 1.095 115.734 1.247
202112 1.114 117.630 1.248
202203 1.118 121.301 1.215
202206 1.155 125.017 1.217
202209 1.201 125.227 1.264
202212 1.226 125.222 1.290
202303 1.213 127.348 1.255
202306 1.217 128.729 1.246
202309 1.246 129.860 1.264
202312 1.258 129.419 1.281
202403 1.257 131.776 1.257

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


UDR  (NYSE:UDR) 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.

UDR's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.00/4.8
=8.13

* 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 UDR was 14.63. The lowest was 5.20. And the median was 9.70.


Be Aware

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


UDR Cyclically Adjusted Revenue per Share Related Terms

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


UDR (UDR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UDR Inc (NYSE:UDR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.
Executives
Thomas W Toomey director, officer: Chief Executive Officer
Patricia Sciutto Doerr officer: SVP-Chief ESG/People Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Kevin C Nickelberry director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Harry G Alcock officer: SVP-Asset Management 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jerry A Davis officer: SVP-Chief Operating Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Clinton D Mcdonnough director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Tracy L Hofmeister officer: VP-Accounting 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Joseph D Fisher officer: SVP-Chief Financial Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael D Lacy officer: SVP-Property Operations 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Matthew A Cozad officer: SVP-Corp Serv and Innovation 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Warren L Troupe officer: Sr Exec VP & General Counsel 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
James D Klingbeil director
Lynne B Sagalyn director
Jon A Grove director

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