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Diamondrock Hospitality Co (Diamondrock Hospitality Co) Cyclically Adjusted Revenue per Share : $4.82 (As of Dec. 2023)


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What is Diamondrock Hospitality Co 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.

Diamondrock Hospitality Co's adjusted revenue per share for the three months ended in Dec. 2023 was $1.238. 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 $4.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Diamondrock Hospitality Co's average Cyclically Adjusted Revenue Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% 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 Diamondrock Hospitality Co was 3.80% per year. The lowest was -6.20% per year. And the median was -4.60% per year.

As of today (2024-05-01), Diamondrock Hospitality Co's current stock price is $8.90. Diamondrock Hospitality Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.82. Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diamondrock Hospitality Co was 2.69. The lowest was 0.86. And the median was 2.08.


Diamondrock Hospitality Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Diamondrock Hospitality Co'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.

Diamondrock Hospitality Co Cyclically Adjusted Revenue per Share Chart

Diamondrock Hospitality Co 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 4.54 4.31 4.44 4.69 4.82

Diamondrock Hospitality Co 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 4.69 4.76 4.81 4.84 4.82

Competitive Comparison of Diamondrock Hospitality Co's Cyclically Adjusted Revenue per Share

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co'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.


Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio falls into.



Diamondrock Hospitality Co 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, Diamondrock Hospitality Co'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)
=1.238/129.4194*129.4194
=1.238

Current CPI (Dec. 2023) = 129.4194.

Diamondrock Hospitality Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.968 99.695 1.257
201406 1.172 100.560 1.508
201409 1.167 100.428 1.504
201412 1.131 99.070 1.477
201503 1.039 99.621 1.350
201506 1.242 100.684 1.596
201509 1.186 100.392 1.529
201512 1.155 99.792 1.498
201603 1.057 100.470 1.362
201606 1.272 101.688 1.619
201609 1.092 101.861 1.387
201612 1.023 101.863 1.300
201703 0.972 102.862 1.223
201706 1.206 103.349 1.510
201709 1.110 104.136 1.380
201712 1.025 104.011 1.275
201803 0.900 105.290 1.106
201806 1.163 106.317 1.416
201809 1.054 106.507 1.281
201812 1.072 105.998 1.309
201903 0.994 107.251 1.199
201906 1.271 108.070 1.522
201909 1.190 108.329 1.422
201912 1.171 108.420 1.398
202003 0.845 108.902 1.004
202006 0.101 108.767 0.120
202009 0.249 109.815 0.293
202012 0.290 109.897 0.342
202103 0.345 111.754 0.400
202106 0.589 114.631 0.665
202109 0.846 115.734 0.946
202112 0.895 117.630 0.985
202203 0.923 121.301 0.985
202206 1.318 125.017 1.364
202209 1.255 125.227 1.297
202212 1.201 125.222 1.241
202303 1.150 127.348 1.169
202306 1.373 128.729 1.380
202309 1.303 129.860 1.299
202312 1.238 129.419 1.238

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


Diamondrock Hospitality Co  (NYSE:DRH) 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.

Diamondrock Hospitality Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.90/4.82
=1.85

* 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 Diamondrock Hospitality Co was 2.69. The lowest was 0.86. And the median was 2.08.


Be Aware

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


Diamondrock Hospitality Co Cyclically Adjusted Revenue per Share Related Terms

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


Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Industry
Traded in Other Exchanges
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
Executives
Mark W Brugger officer: Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817
Justin L. Leonard officer: EVP & Chief Operating Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
William J Tennis officer: EVP and General Counsel DIAMONDROCK HOSPITALITY COMPANY, 6903 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Tabassum Zalotrawala director 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Briony R. Quinn officer: Chief Accounting Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Troy Furbay officer: Chief Investment Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METGRO CENTER, SUITE 1500, BETHESDA MD 20814
Michael A. Hartmeier director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Jeffrey Donnelly officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Maureen L Mcavey director C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 300, BETHESDA MD 20817
Kathleen Wayton director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Gilbert T Ray director 901 N GLEBE ROAD, ARLINGTON VA 22203
Jay Lecoryelle Johnson officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Thomas G. Healy officer: EVP & Chief Operating Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Sean M Mahoney officer: CAO and Corporate Controller 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
William Joseph Shaw director 6649 WESTWOOD BLVD., ORLANDO FL 32821