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Healthpeak Properties (FRA:HC5) Cyclically Adjusted Revenue per Share : €3.95 (As of Mar. 2024)


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What is Healthpeak Properties 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.

Healthpeak Properties's adjusted revenue per share for the three months ended in Mar. 2024 was €0.919. 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 €3.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Healthpeak Properties's average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Healthpeak Properties was 6.80% per year. The lowest was -3.60% per year. And the median was 3.90% per year.

As of today (2024-05-23), Healthpeak Properties's current stock price is €17.90. Healthpeak Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.95. Healthpeak Properties's Cyclically Adjusted PS Ratio of today is 4.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Healthpeak Properties was 10.52. The lowest was 3.69. And the median was 7.02.


Healthpeak Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Healthpeak Properties'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.

Healthpeak Properties Cyclically Adjusted Revenue per Share Chart

Healthpeak Properties 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 3.68 3.26 3.70 4.02 3.89

Healthpeak Properties 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 3.95 3.95 4.07 3.89 3.95

Competitive Comparison of Healthpeak Properties's Cyclically Adjusted Revenue per Share

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties'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.


Healthpeak Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Healthpeak Properties 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, Healthpeak Properties'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)
=0.919/131.7762*131.7762
=0.919

Current CPI (Mar. 2024) = 131.7762.

Healthpeak Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.860 100.560 1.127
201409 1.008 100.428 1.323
201412 -0.046 99.070 -0.061
201503 1.225 99.621 1.620
201506 1.171 100.684 1.533
201509 1.264 100.392 1.659
201512 0.129 99.792 0.170
201603 1.002 100.470 1.314
201606 1.016 101.688 1.317
201609 1.010 101.861 1.307
201612 1.093 101.863 1.414
201703 0.968 102.862 1.240
201706 0.871 103.349 1.111
201709 0.812 104.136 1.028
201712 0.798 104.011 1.011
201803 0.827 105.290 1.035
201806 0.855 106.317 1.060
201809 0.831 106.507 1.028
201812 -0.381 105.998 -0.474
201903 0.806 107.251 0.990
201906 0.909 108.070 1.108
201909 0.994 108.329 1.209
201912 -0.403 108.420 -0.490
202003 0.670 108.902 0.811
202006 0.674 108.767 0.817
202009 0.668 109.815 0.802
202012 0.659 109.897 0.790
202103 0.710 111.754 0.837
202106 0.726 114.631 0.835
202109 0.759 115.734 0.864
202112 0.793 117.630 0.888
202203 0.839 121.301 0.911
202206 0.908 125.017 0.957
202209 0.963 125.227 1.013
202212 0.920 125.222 0.968
202303 0.887 127.348 0.918
202306 0.920 128.729 0.942
202309 0.952 129.860 0.966
202312 0.928 129.419 0.945
202403 0.919 131.776 0.919

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


Healthpeak Properties  (FRA:HC5) 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.

Healthpeak Properties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.90/3.95
=4.53

* 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 Healthpeak Properties was 10.52. The lowest was 3.69. And the median was 7.02.


Be Aware

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


Healthpeak Properties Cyclically Adjusted Revenue per Share Related Terms

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


Healthpeak Properties (FRA:HC5) Business Description

Industry
Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.

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