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Cousins Properties (Cousins Properties) Cyclically Adjusted Revenue per Share : $5.37 (As of Dec. 2023)


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What is Cousins 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.

Cousins Properties's adjusted revenue per share for the three months ended in Dec. 2023 was $1.295. 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 $5.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cousins Properties's average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -8.30% 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 Cousins Properties was 13.50% per year. The lowest was -15.40% per year. And the median was 1.15% per year.

As of today (2024-04-27), Cousins Properties's current stock price is $22.86. Cousins Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.37. Cousins Properties's Cyclically Adjusted PS Ratio of today is 4.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cousins Properties was 8.15. The lowest was 2.27. And the median was 4.44.


Cousins Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cousins 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.

Cousins Properties Cyclically Adjusted Revenue per Share Chart

Cousins 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 5.23 5.05 5.26 5.42 5.37

Cousins Properties 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 5.42 5.46 5.47 5.48 5.37

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

For the REIT - Office subindustry, Cousins 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.


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

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

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



Cousins 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, Cousins Properties'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)
=1.295/129.4194*129.4194
=1.295

Current CPI (Dec. 2023) = 129.4194.

Cousins Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.703 99.695 2.211
201406 1.703 100.560 2.192
201409 1.696 100.428 2.186
201412 -1.434 99.070 -1.873
201503 1.697 99.621 2.205
201506 1.807 100.684 2.323
201509 1.814 100.392 2.339
201512 -1.563 99.792 -2.027
201603 0.909 100.470 1.171
201606 0.919 101.688 1.170
201609 0.926 101.861 1.177
201612 1.162 101.863 1.476
201703 1.166 102.862 1.467
201706 1.115 103.349 1.396
201709 1.059 104.136 1.316
201712 1.068 104.011 1.329
201803 1.096 105.290 1.347
201806 1.091 106.317 1.328
201809 1.111 106.507 1.350
201812 1.148 105.998 1.402
201903 1.242 107.251 1.499
201906 1.239 108.070 1.484
201909 1.268 108.329 1.515
201912 1.307 108.420 1.560
202003 1.305 108.902 1.551
202006 1.211 108.767 1.441
202009 1.234 109.815 1.454
202012 1.231 109.897 1.450
202103 1.274 111.754 1.475
202106 1.255 114.631 1.417
202109 1.269 115.734 1.419
202112 1.273 117.630 1.401
202203 1.254 121.301 1.338
202206 1.245 125.017 1.289
202209 1.287 125.227 1.330
202212 1.281 125.222 1.324
202303 1.335 127.348 1.357
202306 1.343 128.729 1.350
202309 1.308 129.860 1.304
202312 1.295 129.419 1.295

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


Cousins Properties  (NYSE:CUZ) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.86/5.37
=4.26

* 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 Cousins Properties was 8.15. The lowest was 2.27. And the median was 4.44.


Be Aware

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


Cousins Properties Cyclically Adjusted Revenue per Share Related Terms

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


Cousins Properties (Cousins Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cousins Properties Inc (NYSE:CUZ) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.
Executives
Pamela F Roper officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Scott W Fordham director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Dionne Nelson director 3344 PEACHTREE ROAD, NE, SUITE 1800, ATLANTA GA 30326
Jane Kennedy Hicks officer: Executive VP, Investments 1820 PEACHTREE RD NW, #502, ATLANTA GA 30309
Hickson Richard G Iv officer: Executive Vice President 3344 PEACHTREE ROAD NE SUITE 1800, ATLANTA GA 30326
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Gellerstedt Lawrence L Iii officer: President-Office/Multi-Fam Div 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
John S Mccoll officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Edward Manuel Casal director 3344 PEACHTREE ROAD NE, STE 1800, ATLANTA GA 30326
S Taylor Glover director 3344 PEACHTREE ROAD NE STE 1800, ATLANTA 2Q 30326
Lillian C Giornelli director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326
Kelvin L. Davis director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Brenda J Mixson director P.O.BOX 697, ST. HELENA CA 94574
Charles T Cannada director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326

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