DRETF (Dream Office Real Estate Investment Trust) Cyclically Adjusted Revenue per Share: $7.38 (As of Mar. 2026)

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DRETF Dream Office Real Estate Investment Trust DRETF
66 GF Score
Price $12.97
GF Value $13.25
Valuation Fairly Valued
! 8 Warning Signs
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What is Dream Office Real Estate Investment Trust Cyclically Adjusted Revenue per Share?

Dream Office Real Estate Investment Trust DRETF +4.18% 66 Cyclically Adjusted Revenue per Share is $7.38 as of Mar. 2026. GuruFocus rates DRETF with a GF Score™ of 66/100 and a GF Value™ of $13.25 (Fairly Valued). The stock has 8 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.

Dream Office Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2026 was $1.710. 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 $7.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dream Office Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% 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 Dream Office Real Estate Investment Trust was -2.20% per year. The lowest was -8.60% per year. And the median was -3.40% per year.

As of today (2026-07-16), Dream Office Real Estate Investment Trust's current stock price is $12.97. Dream Office Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $7.38. Dream Office Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dream Office Real Estate Investment Trust was 5.95. The lowest was 1.38. And the median was 2.93.


Dream Office Real Estate Investment Trust  (OTCPK:DRETF) 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.

Dream Office 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
=12.97/7.38
=1.76

* 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 Dream Office Real Estate Investment Trust was 5.95. The lowest was 1.38. And the median was 2.93.


Be Aware

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


Dream Office Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms


Dream Office Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Dream Office 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.

Dream Office Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Dream Office Real Estate Investment Trust 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 8.70 8.25 7.90 7.04 6.71

Dream Office Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.19 6.88 7.34 6.71 7.38

DRETF vs BXP, ARE, VNO: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Office subindustry, Dream Office 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.


Dream Office Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


DRETF
66GF Score
Dream Office Real Estate Investment Trust DRETF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream Office 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, Dream Office Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.71/132.2623*132.2623
=1.710

Current CPI (Mar. 2026) = 132.2623.

Dream Office Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.155 102.002 2.794
201609 2.274 101.765 2.955
201612 2.388 101.449 3.113
201703 2.076 102.634 2.675
201706 1.853 103.029 2.379
201709 1.945 103.345 2.489
201712 1.679 103.345 2.149
201803 1.623 105.004 2.044
201806 1.274 105.557 1.596
201809 1.411 105.636 1.767
201812 1.435 105.399 1.801
201903 1.321 106.979 1.633
201906 1.318 107.690 1.619
201909 1.380 107.611 1.696
201912 1.387 107.769 1.702
202003 1.212 107.927 1.485
202006 1.216 108.401 1.484
202009 1.280 108.164 1.565
202012 1.410 108.559 1.718
202103 1.387 110.298 1.663
202106 1.386 111.720 1.641
202109 1.384 112.905 1.621
202112 1.581 113.774 1.838
202203 1.460 117.646 1.641
202206 1.410 120.806 1.544
202209 1.377 120.648 1.510
202212 1.392 120.964 1.522
202303 1.350 122.702 1.455
202306 1.419 124.203 1.511
202309 1.816 125.230 1.918
202312 1.837 125.072 1.943
202403 1.846 126.258 1.934
202406 1.824 127.522 1.892
202409 1.848 127.285 1.920
202412 1.792 127.364 1.861
202503 1.706 129.181 1.747
202506 1.658 129.892 1.688
202509 1.689 130.287 1.715
202512 1.646 130.366 1.670
202603 1.710 132.262 1.710

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 $7.38 mean?
Dream Office Real Estate Investment Trust (DRETF) has a Cyclically Adjusted Revenue per Share of $7.38 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dream Office Real Estate Investment Trust and its competitors.
Is Dream Office Real Estate Investment Trust's Cyclically Adjusted Revenue per Share too high?
Dream Office Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is $7.38. Overall, Dream Office Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Office Real Estate Investment Trust's Cyclically Adjusted Revenue per Share compare to BXP and ARE?
Dream Office Real Estate Investment Trust's Cyclically Adjusted Revenue per Share of $7.38 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 Dream Office Real Estate Investment Trust and its competitors. Dream Office Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is $7.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Office Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust (DRETF) is currently considered Fairly Valued. The stock's GF Value™ is $13.25, compared to a current price of $12.97 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $7.38. Dream Office Real Estate Investment Trust's overall GF Score™ is 66/100 with 8 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 Dream Office Real Estate Investment Trust (DRETF), the current Cyclically Adjusted Revenue per Share is $7.38 as of Mar. 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 Dream Office Real Estate Investment Trust (DRETF) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust stock appears to be undervalued. The current stock price of $12.97 is trading 2.1% below its estimated GF Value™ of $13.25. GuruFocus considers Dream Office Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for DRETF:

  • Cyclically Adjusted Revenue per Share: $7.38
  • GF Value™: $13.25 vs. price of $12.97 (2.1% below fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Dream Office Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges D.UN:Canada
Address 30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation.
66GF Score

Get the complete analysis for DRETF

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

$12.97
Price
$13.25
GF Value