Dream Industrial Real Estate Investment Trust (FRA:6MS) Cyclically Adjusted Revenue per Share: €1.09 (As of Mar. 2026)


FRA:6MS Dream Industrial Real Estate Investment Trust FRA:6MS
75 GF Score
Price €8.38
GF Value €8.30
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Dream Industrial Real Estate Investment Trust Cyclically Adjusted Revenue per Share?

Dream Industrial Real Estate Investment Trust FRA:6MS -0.98% 75 Cyclically Adjusted Revenue per Share is €1.09 as of Mar. 2026. GuruFocus rates FRA:6MS with a GF Score™ of 75/100 and a GF Value™ of €8.30 (Fairly Valued). The stock has 9 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 Industrial Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2026 was €0.281. 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 €1.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dream Industrial Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% 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 Industrial Real Estate Investment Trust was -2.20% per year. The lowest was -2.20% per year. And the median was -2.20% per year.

As of today (2026-07-13), Dream Industrial Real Estate Investment Trust's current stock price is €8.381. Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.09. Dream Industrial Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 7.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dream Industrial Real Estate Investment Trust was 7.79. The lowest was 5.24. And the median was 6.70.


Dream Industrial Real Estate Investment Trust  (FRA:6MS) 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 Industrial 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
=8.381/1.09
=7.69

* 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 Industrial Real Estate Investment Trust was 7.79. The lowest was 5.24. And the median was 6.70.


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 Industrial Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms


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

* Premium members only.

The historical data trend for Dream Industrial 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 Industrial Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Dream Industrial 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 0.00 1.33 1.29 1.20 1.16

Dream Industrial 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 1.12 1.05 1.07 1.16 1.09

FRA:6MS vs PLD, PSA, EXR: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Industrial subindustry, Dream Industrial 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 Industrial Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


FRA:6MS
75GF Score
Dream Industrial Real Estate Investment Trust FRA:6MS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream Industrial 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 Industrial 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)
=0.281/132.2623*132.2623
=0.281

Current CPI (Mar. 2026) = 132.2623.

Dream Industrial Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.351 102.002 0.455
201609 0.334 101.765 0.434
201612 0.344 101.449 0.448
201703 0.337 102.634 0.434
201706 0.320 103.029 0.411
201709 0.319 103.345 0.408
201712 0.308 103.345 0.394
201803 0.294 105.004 0.370
201806 0.246 105.557 0.308
201809 0.229 105.636 0.287
201812 0.247 105.399 0.310
201903 0.250 106.979 0.309
201906 0.244 107.690 0.300
201909 0.243 107.611 0.299
201912 0.246 107.769 0.302
202003 0.225 107.927 0.276
202006 0.225 108.401 0.275
202009 0.221 108.164 0.270
202012 0.229 108.559 0.279
202103 0.235 110.298 0.282
202106 0.230 111.720 0.272
202109 0.222 112.905 0.260
202112 0.222 113.774 0.258
202203 0.242 117.646 0.272
202206 0.243 120.806 0.266
202209 0.257 120.648 0.282
202212 0.268 120.964 0.293
202303 0.264 122.702 0.285
202306 0.277 124.203 0.295
202309 0.267 125.230 0.282
202312 0.264 125.072 0.279
202403 0.271 126.258 0.284
202406 0.270 127.522 0.280
202409 0.268 127.285 0.278
202412 0.275 127.364 0.286
202503 0.267 129.181 0.273
202506 0.270 129.892 0.275
202509 0.266 130.287 0.270
202512 0.277 130.366 0.281
202603 0.281 132.262 0.281

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 €1.09 mean?
Dream Industrial Real Estate Investment Trust (FRA:6MS) has a Cyclically Adjusted Revenue per Share of €1.09 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 Industrial Real Estate Investment Trust and its competitors.
Is Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Revenue per Share too high?
Dream Industrial Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is €1.09. Overall, Dream Industrial Real Estate Investment Trust has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Revenue per Share compare to PLD and PSA?
Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Revenue per Share of €1.09 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 Industrial Real Estate Investment Trust and its competitors. Dream Industrial Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is €1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Industrial Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust (FRA:6MS) is currently considered Fairly Valued. The stock's GF Value™ is €8.30, compared to a current price of €8.38 — trading 1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €1.09. Dream Industrial Real Estate Investment Trust's overall GF Score™ is 75/100 with 9 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 Industrial Real Estate Investment Trust (FRA:6MS), the current Cyclically Adjusted Revenue per Share is €1.09 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 Industrial Real Estate Investment Trust (FRA:6MS) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust stock appears to be overvalued. The current stock price of €8.38 is trading 1% above its estimated GF Value™ of €8.30. GuruFocus considers Dream Industrial Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FRA:6MS:

  • Cyclically Adjusted Revenue per Share: €1.09
  • GF Value™: €8.30 vs. price of €8.38 (1% above fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the FRA:6MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dream Industrial Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges DREUF:USADIR.UN:Canada
Address 30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.The reportable operating segments of its investment properties and results of operations are segmented into the following components: Ontario, Quebec, Western Canada, Europe, the U.S., Dream Summit JV and Development JV.
75GF Score

Get the complete analysis for FRA:6MS

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

€8.38
Price
€8.30
GF Value