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Centerspace (Centerspace) Cyclically Adjusted Revenue per Share : $15.62 (As of Mar. 2024)


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What is Centerspace 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.

Centerspace's adjusted revenue per share for the three months ended in Mar. 2024 was $4.323. 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 $15.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Centerspace's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -8.00% 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 Centerspace was 1.30% per year. The lowest was -10.80% per year. And the median was -6.45% per year.

As of today (2024-06-10), Centerspace's current stock price is $68.09. Centerspace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $15.62. Centerspace's Cyclically Adjusted PS Ratio of today is 4.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Centerspace was 6.79. The lowest was 2.26. And the median was 2.94.


Centerspace Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Centerspace'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.

Centerspace Cyclically Adjusted Revenue per Share Chart

Centerspace Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.05 16.69 16.34 16.33 15.62

Centerspace 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 16.26 16.16 15.97 15.62 15.62

Competitive Comparison of Centerspace's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, Centerspace'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.


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

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

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



Centerspace 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, Centerspace'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)
=4.323/131.7762*131.7762
=4.323

Current CPI (Mar. 2024) = 131.7762.

Centerspace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 -2.687 100.023 -3.540
201407 3.747 100.520 4.912
201410 3.840 100.176 5.051
201501 3.912 98.604 5.228
201504 1.890 99.824 2.495
201507 3.245 100.691 4.247
201510 3.345 100.346 4.393
201601 3.566 99.957 4.701
201604 0.471 100.947 0.615
201607 3.611 101.524 4.687
201610 3.683 101.988 4.759
201701 2.928 102.456 3.766
201704 3.022 103.167 3.860
201707 3.023 103.278 3.857
201710 3.106 104.070 3.933
201801 3.224 104.578 4.062
201804 3.167 105.708 3.948
201807 3.448 106.324 4.273
201810 3.427 106.695 4.233
201903 3.474 107.251 4.268
201906 3.623 108.070 4.418
201909 3.625 108.329 4.410
201912 3.466 108.420 4.213
202003 3.375 108.902 4.084
202006 3.297 108.767 3.994
202009 3.121 109.815 3.745
202012 3.256 109.897 3.904
202103 3.324 111.754 3.920
202106 3.215 114.631 3.696
202109 3.166 115.734 3.605
202112 3.942 117.630 4.416
202203 3.995 121.301 4.340
202206 4.107 125.017 4.329
202209 4.257 125.227 4.480
202212 4.516 125.222 4.752
202303 3.698 127.348 3.827
202306 4.333 128.729 4.436
202309 3.584 129.860 3.637
202312 3.897 129.419 3.968
202403 4.323 131.776 4.323

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


Centerspace  (NYSE:CSR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.09/15.62
=4.36

* 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 Centerspace was 6.79. The lowest was 2.26. And the median was 2.94.


Be Aware

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


Centerspace Cyclically Adjusted Revenue per Share Related Terms

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


Centerspace (Centerspace) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (NYSE:CSR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.
Executives
Decker Mark Okey Jr director, officer: President, CEO and CIO 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
John A Schissel director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Mary J Twinem director 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Rodney Jones-tyson director C/O 3100 10TH STREET SW, POST OFFICE BOX 1988, MINOT ND 58702-1988
Michael T Dance director C/O INVESTORS REAL ESTATE TRUST, 1400 31ST AVE. NW,, MINOT ND 58702
Bhairav Patel officer: SVP, Finance 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Kirchmann officer: EVP and CFO 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Anne Olson officer: COO, Gen Counsel and Secretary 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Jeffrey Caira director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Linda J. Hall director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Nancy B Andersen officer: SVP& Principal Accting Officer 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Timothy P Mihalick director, officer: President and CEO 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Jeffrey L Miller director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Terrance P Maxwell director 1400 31ST AVE SW, SUITE 60, MINOT ND 58701