Mid-America Apartment Communities (BSP:M1AA34) Cyclically Adjusted Revenue per Share: R$23.49 (As of Jun. 2026)

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BSP:M1AA34 Mid-America Apartment Communities Inc BSP:M1AA34
77 GF Score
Price R$56.97
GF Value R$179.64
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mid-America Apartment Communities Cyclically Adjusted Revenue per Share?

Mid-America Apartment Communities BSP:M1AA34 -67.70% 77 Cyclically Adjusted Revenue per Share is R$23.49 as of Jun. 2026. GuruFocus rates BSP:M1AA34 with a GF Score™ of 77/100 and a GF Value™ of R$179.64 (Possible Value Trap). The stock has 6 warning signs investors should review.

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.

Mid-America Apartment Communities's adjusted revenue per share for the three months ended in Jun. 2026 was R$6.123. 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 R$23.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mid-America Apartment Communities's average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 Mid-America Apartment Communities was 7.40% per year. The lowest was -1.50% per year. And the median was 0.55% per year.

As of today (2026-08-07), Mid-America Apartment Communities's current stock price is R$56.973333. Mid-America Apartment Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$23.49. Mid-America Apartment Communities's Cyclically Adjusted PS Ratio of today is 2.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mid-America Apartment Communities was 14.95. The lowest was 6.23. And the median was 8.19.


Mid-America Apartment Communities  (BSP:M1AA34) 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.

Mid-America Apartment Communities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.973333/23.49
=2.43

* 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 Mid-America Apartment Communities was 14.95. The lowest was 6.23. And the median was 8.19.


Be Aware

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


Mid-America Apartment Communities Cyclically Adjusted Revenue per Share Related Terms


Mid-America Apartment Communities Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mid-America Apartment Communities'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.

Mid-America Apartment Communities Cyclically Adjusted Revenue per Share Chart

Mid-America Apartment Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.38 22.04 21.41 27.47 23.75

Mid-America Apartment Communities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24.78 24.58 23.75 24.82 23.49

BSP:M1AA34 vs SUI, INVH, UDR: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Residential subindustry, Mid-America Apartment Communities'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.


Mid-America Apartment Communities Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's Cyclically Adjusted PS Ratio falls into.


BSP:M1AA34
77GF Score
Mid-America Apartment Communities Inc BSP:M1AA34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mid-America Apartment Communities 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, Mid-America Apartment Communities's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.123/333.9520*333.9520
=6.123

Current CPI (Jun. 2026) = 333.9520.

Mid-America Apartment Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.991 241.428 4.137
201612 2.921 241.432 4.040
201703 2.514 243.801 3.444
201706 2.776 244.955 3.785
201709 2.650 246.819 3.586
201712 2.771 246.524 3.754
201803 2.788 249.554 3.731
201806 3.230 251.989 4.281
201809 3.581 252.439 4.737
201812 2.963 251.233 3.939
201903 3.381 254.202 4.442
201906 3.442 256.143 4.488
201909 3.750 256.759 4.877
201912 3.274 256.974 4.255
202003 4.461 258.115 5.772
202006 4.681 257.797 6.064
202009 4.991 260.280 6.404
202012 4.757 260.474 6.099
202103 5.226 264.877 6.589
202106 4.784 271.696 5.880
202109 5.183 274.310 6.310
202112 5.691 278.802 6.817
202203 5.118 287.504 5.945
202206 5.406 296.311 6.093
202209 5.907 296.808 6.646
202212 5.991 296.797 6.741
202303 5.918 301.836 6.548
202306 5.563 305.109 6.089
202309 5.734 307.789 6.221
202312 5.690 306.746 6.195
202403 5.795 312.332 6.196
202406 6.300 314.175 6.697
202409 6.531 315.301 6.917
202412 7.178 315.605 7.595
202503 6.753 319.799 7.052
202506 6.507 322.561 6.737
202509 6.344 324.800 6.523
202512 6.470 324.054 6.668
202603 6.201 330.213 6.271
202606 6.123 333.952 6.123

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

What does a Cyclically Adjusted Revenue per Share of R$23.49 mean?
Mid-America Apartment Communities (BSP:M1AA34) has a Cyclically Adjusted Revenue per Share of R$23.49 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Mid-America Apartment Communities and its competitors.
Is Mid-America Apartment Communities' Cyclically Adjusted Revenue per Share too high?
Mid-America Apartment Communities' current Cyclically Adjusted Revenue per Share is R$23.49. Overall, Mid-America Apartment Communities has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mid-America Apartment Communities' Cyclically Adjusted Revenue per Share compare to SUI and INVH?
Mid-America Apartment Communities' Cyclically Adjusted Revenue per Share of R$23.49 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Mid-America Apartment Communities and its competitors. Mid-America Apartment Communities's current Cyclically Adjusted Revenue per Share is R$23.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mid-America Apartment Communities stock overvalued right now?
Based on GuruFocus' analysis, Mid-America Apartment Communities (BSP:M1AA34) is currently considered Possible Value Trap. The stock's GF Value™ is R$179.64, compared to a current price of R$56.97 — trading 68.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$23.49. Mid-America Apartment Communities' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Mid-America Apartment Communities (BSP:M1AA34), the current Cyclically Adjusted Revenue per Share is R$23.49 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mid-America Apartment Communities (BSP:M1AA34) Overvalued in 2026?

Based on GuruFocus' analysis, Mid-America Apartment Communities stock appears to be undervalued. The current stock price of R$56.97 is trading 68.3% below its estimated GF Value™ of R$179.64. GuruFocus considers Mid-America Apartment Communities to be Possible Value Trap.

Key valuation signals for BSP:M1AA34:

  • Cyclically Adjusted Revenue per Share: R$23.49
  • GF Value™: R$179.64 vs. price of R$56.97 (68.3% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the BSP:M1AA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mid-America Apartment Communities Business Description

Industry Real EstateREITs
Address 6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc is a multifamily-focused, self-administered and self-managed real estate investment trust. The company owns, operates, acquires and selectively develops apartment communities located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Its business objectives are to generate a sustainable, stable and increasing cash flow that will fund its dividends and distributions through all parts of the real estate investment cycle. It operates in two segments, Same Store and Non-Same Store and Other. The majority of the revenue is derived from Same Store segment.
77GF Score

Get the complete analysis for BSP:M1AA34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$56.97
Price
R$179.64
GF Value