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SL Green Realty (BSP:S1LG34) Cyclically Adjusted Revenue per Share : R$44.31 (As of Mar. 2024)


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What is SL Green Realty 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.

SL Green Realty's adjusted revenue per share for the three months ended in Mar. 2024 was R$6.674. 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$44.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SL Green Realty's average Cyclically Adjusted Revenue Growth Rate was -0.40% 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 1.80% 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 SL Green Realty was 7.50% per year. The lowest was -0.80% per year. And the median was 4.30% per year.

As of today (2024-06-20), SL Green Realty's current stock price is R$156.04. SL Green Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$44.31. SL Green Realty's Cyclically Adjusted PS Ratio of today is 3.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SL Green Realty was 9.27. The lowest was 1.15. And the median was 5.88.


SL Green Realty Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SL Green Realty'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.

SL Green Realty Cyclically Adjusted Revenue per Share Chart

SL Green Realty 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 - 40.57 47.15 48.77 44.09

SL Green Realty 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 44.64 42.41 44.59 44.09 44.31

Competitive Comparison of SL Green Realty's Cyclically Adjusted Revenue per Share

For the REIT - Office subindustry, SL Green Realty'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.


SL Green Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SL Green Realty's Cyclically Adjusted PS Ratio falls into.



SL Green Realty 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, SL Green Realty'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)
=6.674/131.7762*131.7762
=6.674

Current CPI (Mar. 2024) = 131.7762.

SL Green Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.402 100.560 5.769
201409 4.709 100.428 6.179
201412 5.214 99.070 6.935
201503 6.219 99.621 8.226
201506 6.578 100.684 8.609
201509 8.350 100.392 10.960
201512 8.160 99.792 10.775
201603 8.313 100.470 10.903
201606 10.383 101.688 13.455
201609 6.634 101.861 8.582
201612 6.138 101.863 7.941
201703 5.754 102.862 7.371
201706 6.447 103.349 8.220
201709 5.887 104.136 7.450
201712 6.080 104.011 7.703
201803 5.344 105.290 6.688
201806 6.346 106.317 7.866
201809 7.191 106.507 8.897
201812 8.066 105.998 10.028
201903 6.848 107.251 8.414
201906 7.106 108.070 8.665
201909 7.667 108.329 9.326
201912 7.619 108.420 9.260
202003 9.556 108.902 11.563
202006 8.431 108.767 10.215
202009 8.945 109.815 10.734
202012 9.086 109.897 10.895
202103 8.847 111.754 10.432
202106 7.651 114.631 8.795
202109 7.794 115.734 8.874
202112 8.568 117.630 9.598
202203 6.660 121.301 7.235
202206 7.366 125.017 7.764
202209 8.085 125.227 8.508
202212 13.021 125.222 13.703
202303 9.306 127.348 9.630
202306 7.850 128.729 8.036
202309 6.263 129.860 6.355
202312 10.807 129.419 11.004
202403 6.674 131.776 6.674

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


SL Green Realty  (BSP:S1LG34) 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.

SL Green Realty's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=156.04/44.31
=3.52

* 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 SL Green Realty was 9.27. The lowest was 1.15. And the median was 5.88.


Be Aware

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


SL Green Realty Cyclically Adjusted Revenue per Share Related Terms

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


SL Green Realty (BSP:S1LG34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SL Green Realty Corp (BSP:S1LG34) » Definitions » Cyclically Adjusted Revenue per Share
Address
One Vanderbilt Avenue, New York, NY, USA, 10017
SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 35 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.

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