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Kite Realty Group Trust (Kite Realty Group Trust) Cyclically Adjusted Revenue per Share : $4.60 (As of Mar. 2024)


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What is Kite Realty Group Trust 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.

Kite Realty Group Trust's adjusted revenue per share for the three months ended in Mar. 2024 was $0.943. 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 $4.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kite Realty Group Trust's average Cyclically Adjusted Revenue Growth Rate was -5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -11.00% 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 Kite Realty Group Trust was -2.00% per year. The lowest was -17.90% per year. And the median was -11.40% per year.

As of today (2024-05-14), Kite Realty Group Trust's current stock price is $20.91. Kite Realty Group Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.60. Kite Realty Group Trust's Cyclically Adjusted PS Ratio of today is 4.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kite Realty Group Trust was 4.90. The lowest was 1.39. And the median was 2.57.


Kite Realty Group Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kite Realty Group Trust'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.

Kite Realty Group Trust Cyclically Adjusted Revenue per Share Chart

Kite Realty Group Trust 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 5.29 4.97 4.94 4.87 4.68

Kite Realty Group Trust 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 4.84 4.81 4.77 4.68 4.60

Competitive Comparison of Kite Realty Group Trust's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, Kite Realty Group Trust'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.


Kite Realty Group Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Kite Realty Group Trust's Cyclically Adjusted PS Ratio falls into.



Kite Realty Group Trust 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, Kite Realty Group Trust'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)
=0.943/129.4194*129.4194
=0.943

Current CPI (Mar. 2024) = 129.4194.

Kite Realty Group Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.242 100.560 1.598
201409 1.058 100.428 1.363
201412 1.044 99.070 1.364
201503 1.038 99.621 1.348
201506 0.999 100.684 1.284
201509 1.045 100.392 1.347
201512 1.070 99.792 1.388
201603 1.061 100.470 1.367
201606 1.050 101.688 1.336
201609 1.043 101.861 1.325
201612 1.062 101.863 1.349
201703 1.077 102.862 1.355
201706 1.108 103.349 1.387
201709 1.042 104.136 1.295
201712 1.062 104.011 1.321
201803 1.073 105.290 1.319
201806 1.096 106.317 1.334
201809 1.024 106.507 1.244
201812 1.038 105.998 1.267
201903 0.994 107.251 1.199
201906 0.971 108.070 1.163
201909 0.893 108.329 1.067
201912 0.896 108.420 1.070
202003 0.832 108.902 0.989
202006 0.752 108.767 0.895
202009 0.773 109.815 0.911
202012 0.812 109.897 0.956
202103 0.822 111.754 0.952
202106 0.823 114.631 0.929
202109 0.845 115.734 0.945
202112 0.744 117.630 0.819
202203 0.888 121.301 0.947
202206 0.922 125.017 0.954
202209 0.914 125.227 0.945
202212 0.934 125.222 0.965
202303 0.940 127.348 0.955
202306 0.949 128.729 0.954
202309 0.942 129.860 0.939
202312 0.912 129.419 0.912
202403 0.943 129.419 0.943

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


Kite Realty Group Trust  (NYSE:KRG) 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.

Kite Realty Group Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.91/4.6
=4.55

* 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 Kite Realty Group Trust was 4.90. The lowest was 1.39. And the median was 2.57.


Be Aware

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


Kite Realty Group Trust Cyclically Adjusted Revenue per Share Related Terms

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


Kite Realty Group Trust (Kite Realty Group Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kite Realty Group Trust (NYSE:KRG) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
30 South Meridian Street, Suite 1100, Indianapolis, IN, USA, 46204
Kite Realty Group Trust that owns mainly community shopping centers concentrated in Indiana (39% of base rent), Florida (10.9%), Maryland (6.8%), New York (6%), North Carolina (5.4%) and Texas (25.7%). At year-end 2022, Kite owned interests in 183 retail operating properties and three commercial properties, representing 8.9 million of gross leasable area. It also had eight properties under development or redevelopment.
Executives
Steven P Grimes director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
John A Kite director, officer: CEO, Pres & Trustee KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Charles H Wurtzebach director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Gerald M Gorski director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Peter L Lynch director 2021 SPRING ROAD SUITE 200, OAK BROOK IL 60523
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Caroline L. Young director C/O KITE REALTY GROUP TRUST, 30 S. MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
R Fear Heath officer: EVP & Chief Financial Officer C/O GGP INC., 350 N. ORLEANS, SUITE 300, CHICAGO IL 60654
Lee A Daniels director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
William E Bindley director
Barton R Peterson director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
David Buell officer: Senior VP & CAO KITE REALTY GROUP TRUST, 30 SOUTH MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Thomas K Mcgowan officer: EVP & COO KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204
Thomas R Olinger officer: Senior VP & CAO 30 S. MERIDIAN STREET, SUITE 1100, INDIANAPOLIS IN 46204

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