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AGNC Investment (AGNC Investment) Cyclically Adjusted Revenue per Share : $0.77 (As of Dec. 2023)


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What is AGNC Investment 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.

AGNC Investment's adjusted revenue per share for the three months ended in Dec. 2023 was $0.649. 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 $0.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AGNC Investment's average Cyclically Adjusted Revenue Growth Rate was -32.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -29.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -27.10% 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 AGNC Investment was -21.10% per year. The lowest was -29.50% per year. And the median was -28.30% per year.

As of today (2024-04-30), AGNC Investment's current stock price is $9.15. AGNC Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.77. AGNC Investment's Cyclically Adjusted PS Ratio of today is 11.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AGNC Investment was 20.66. The lowest was 3.18. And the median was 7.16.


AGNC Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for AGNC Investment'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.

AGNC Investment Cyclically Adjusted Revenue per Share Chart

AGNC Investment 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 3.09 2.20 1.84 1.14 0.77

AGNC Investment 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 1.04 0.50 0.68 0.77 -

Competitive Comparison of AGNC Investment's Cyclically Adjusted Revenue per Share

For the REIT - Mortgage subindustry, AGNC Investment'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.


AGNC Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



AGNC Investment 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, AGNC Investment's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.649/129.4194*129.4194
=0.649

Current CPI (Dec. 2023) = 129.4194.

AGNC Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 -0.380 99.695 -0.493
201406 0.108 100.560 0.139
201409 0.573 100.428 0.738
201412 -0.899 99.070 -1.174
201503 -0.697 99.621 -0.905
201506 1.474 100.684 1.895
201509 -1.806 100.392 -2.328
201512 1.735 99.792 2.250
201603 -2.291 100.470 -2.951
201606 -0.363 101.688 -0.462
201609 1.589 101.861 2.019
201612 3.127 101.863 3.973
201703 0.284 102.862 0.357
201706 0.115 103.349 0.144
201709 0.833 104.136 1.035
201712 1.036 104.011 1.289
201803 1.129 105.290 1.388
201806 0.768 106.317 0.935
201809 0.564 106.507 0.685
201812 -1.554 105.998 -1.897
201903 0.529 107.251 0.638
201906 -0.788 108.070 -0.944
201909 0.027 108.329 0.032
201912 1.645 108.420 1.964
202003 -4.376 108.902 -5.200
202006 1.323 108.767 1.574
202009 1.232 109.815 1.452
202012 1.468 109.897 1.729
202103 1.865 111.754 2.160
202106 -0.739 114.631 -0.834
202109 0.443 115.734 0.495
202112 -0.013 117.630 -0.014
202203 -1.202 121.301 -1.282
202206 -0.787 125.017 -0.815
202209 -1.224 125.227 -1.265
202212 1.011 125.222 1.045
202303 -0.223 127.348 -0.227
202306 0.515 128.729 0.518
202309 -0.593 129.860 -0.591
202312 0.649 129.419 0.649

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


AGNC Investment  (NAS:AGNC) 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.

AGNC Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.15/0.77
=11.88

* 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 AGNC Investment was 20.66. The lowest was 3.18. And the median was 7.16.


Be Aware

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


AGNC Investment Cyclically Adjusted Revenue per Share Related Terms

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


AGNC Investment (AGNC Investment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AGNC Investment Corp (NAS:AGNC) » Definitions » Cyclically Adjusted Revenue per Share
Address
2 Bethesda Metro Center, 12th Floor, Bethesda, MD, USA, 20814
AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.
Executives
Bernice Bell officer: EVP, CFO AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Christopher Kuehl officer: EVP, Chief Investment Officer AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
Morris A. Davis director C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Sean Reid officer: EVP AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Gary D Kain director, officer: Director, Executive Chair AMERICAN CAPITAL, LTD., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Paul E Mullings director AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Donna Blank director AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Kenneth L. Pollack officer: EVP and General Counsel AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Frances Spark director C/O AGNC INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
John D Fisk director C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Johnson Andrew A Jr director 690 LEE ROAD, WAYNE PA 19087
Peter J Federico director, officer: Director, President and CEO AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: Senior Vice President AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Larry K Harvey director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO, 12TH FLOOR, BETHESDA MD 20814