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Regency Centers (BSP:R1EG34) Cyclically Adjusted Revenue per Share : R$18.22 (As of Dec. 2023)


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What is Regency Centers 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.

Regency Centers's adjusted revenue per share for the three months ended in Dec. 2023 was R$4.770. 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$18.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Regency Centers's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% 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 Regency Centers was 6.20% per year. The lowest was -1.10% per year. And the median was 0.75% per year.

As of today (2024-05-01), Regency Centers's current stock price is R$149.55. Regency Centers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$18.22. Regency Centers's Cyclically Adjusted PS Ratio of today is 8.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Regency Centers was 13.21. The lowest was 5.03. And the median was 9.60.


Regency Centers Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Regency Centers'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.

Regency Centers Cyclically Adjusted Revenue per Share Chart

Regency Centers 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 - 16.44 19.17 19.24 18.22

Regency Centers 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 19.24 18.30 17.91 19.67 18.22

Competitive Comparison of Regency Centers's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, Regency Centers'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.


Regency Centers's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Regency Centers 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, Regency Centers'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)
=4.77/129.4194*129.4194
=4.770

Current CPI (Dec. 2023) = 129.4194.

Regency Centers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.681 99.695 2.182
201406 1.639 100.560 2.109
201409 1.690 100.428 2.178
201412 1.928 99.070 2.519
201503 2.348 99.621 3.050
201506 2.323 100.684 2.986
201509 2.931 100.392 3.778
201512 2.955 99.792 3.832
201603 2.826 100.470 3.640
201606 2.656 101.688 3.380
201609 2.384 101.861 3.029
201612 2.554 101.863 3.245
201703 2.422 102.862 3.047
201706 2.526 103.349 3.163
201709 2.409 104.136 2.994
201712 2.547 104.011 3.169
201803 2.653 105.290 3.261
201806 3.127 106.317 3.806
201809 3.366 106.507 4.090
201812 3.252 105.998 3.971
201903 3.278 107.251 3.956
201906 3.166 108.070 3.791
201909 3.462 108.329 4.136
201912 3.536 108.420 4.221
202003 4.127 108.902 4.905
202006 3.527 108.767 4.197
202009 3.859 109.815 4.548
202012 3.916 109.897 4.612
202103 4.553 111.754 5.273
202106 4.243 114.631 4.790
202109 4.756 115.734 5.318
202112 4.886 117.630 5.376
202203 4.398 121.301 4.692
202206 4.422 125.017 4.578
202209 4.647 125.227 4.803
202212 4.808 125.222 4.969
202303 4.829 127.348 4.908
202306 4.453 128.729 4.477
202309 4.581 129.860 4.565
202312 4.770 129.419 4.770

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


Regency Centers  (BSP:R1EG34) 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.

Regency Centers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=149.55/18.22
=8.21

* 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 Regency Centers was 13.21. The lowest was 5.03. And the median was 9.60.


Be Aware

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


Regency Centers Cyclically Adjusted Revenue per Share Related Terms

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


Regency Centers (BSP:R1EG34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Regency Centers Corp (BSP:R1EG34) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202-5019
Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.

Regency Centers (BSP:R1EG34) Headlines

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