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Morguard Real Estate Investment Trust (Morguard Real Estate Investment Trust) Cyclically Adjusted Revenue per Share : $3.41 (As of Dec. 2023)


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What is Morguard Real Estate Investment 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.

Morguard Real Estate Investment Trust's adjusted revenue per share for the three months ended in Dec. 2023 was $0.764. 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 $3.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Morguard Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% 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 Morguard Real Estate Investment Trust was 2.30% per year. The lowest was -0.50% per year. And the median was 0.80% per year.

As of today (2024-05-01), Morguard Real Estate Investment Trust's current stock price is $3.90. Morguard Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.41. Morguard Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Morguard Real Estate Investment Trust was 4.72. The lowest was 0.98. And the median was 2.96.


Morguard Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Morguard Real Estate Investment 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.

Morguard Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Morguard Real Estate Investment 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 3.26 3.42 3.48 3.30 3.41

Morguard Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.30 3.21 3.40 3.48 3.41

Competitive Comparison of Morguard Real Estate Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Diversified subindustry, Morguard Real Estate Investment 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.


Morguard Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Morguard Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Morguard Real Estate Investment 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, Morguard Real Estate Investment Trust'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)
=0.764/125.4675*125.4675
=0.764

Current CPI (Dec. 2023) = 125.4675.

Morguard Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.932 98.604 1.186
201406 0.959 99.473 1.210
201409 0.938 99.394 1.184
201412 0.926 98.367 1.181
201503 0.830 99.789 1.044
201506 0.921 100.500 1.150
201509 0.725 100.421 0.906
201512 0.896 99.947 1.125
201603 0.750 101.054 0.931
201606 0.755 102.002 0.929
201609 0.733 101.765 0.904
201612 0.720 101.449 0.890
201703 0.733 102.634 0.896
201706 0.698 103.029 0.850
201709 0.907 103.345 1.101
201712 0.768 103.345 0.932
201803 0.723 105.004 0.864
201806 0.700 105.557 0.832
201809 0.850 105.636 1.010
201812 0.723 105.399 0.861
201903 0.681 106.979 0.799
201906 0.831 107.690 0.968
201909 0.825 107.611 0.962
201912 0.866 107.769 1.008
202003 0.783 107.927 0.910
202006 0.711 108.401 0.823
202009 0.732 108.164 0.849
202012 0.830 108.559 0.959
202103 0.756 110.298 0.860
202106 0.746 111.720 0.838
202109 0.480 112.905 0.533
202112 0.770 113.774 0.849
202203 0.502 117.646 0.535
202206 0.490 120.806 0.509
202209 0.714 120.648 0.743
202212 0.684 120.964 0.709
202303 0.737 122.702 0.754
202306 0.725 124.203 0.732
202309 0.719 125.230 0.720
202312 0.764 125.468 0.764

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


Morguard Real Estate Investment Trust  (OTCPK:MGRUF) 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.

Morguard Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.90/3.41
=1.14

* 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 Morguard Real Estate Investment Trust was 4.72. The lowest was 0.98. And the median was 2.96.


Be Aware

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


Morguard Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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Morguard Real Estate Investment Trust (Morguard Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It generates maximum revenue from the Retail segment.

Morguard Real Estate Investment Trust (Morguard Real Estate Investment Trust) Headlines