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Ladder Capital (FRA:LD1A) Cyclically Adjusted Revenue per Share : €3.28 (As of Mar. 2024)


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What is Ladder Capital 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.

Ladder Capital's adjusted revenue per share for the three months ended in Mar. 2024 was €0.490. 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 €3.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ladder Capital's average Cyclically Adjusted Revenue Growth Rate was -6.50% 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.

As of today (2024-06-23), Ladder Capital's current stock price is €10.40. Ladder Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.28. Ladder Capital's Cyclically Adjusted PS Ratio of today is 3.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ladder Capital was 3.21. The lowest was 2.17. And the median was 2.79.


Ladder Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ladder Capital'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.

Ladder Capital Cyclically Adjusted Revenue per Share Chart

Ladder Capital 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 - - 3.57 3.76 3.27

Ladder Capital 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 3.44 3.40 3.46 3.27 3.28

Competitive Comparison of Ladder Capital's Cyclically Adjusted Revenue per Share

For the REIT - Mortgage subindustry, Ladder Capital'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.


Ladder Capital's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Ladder Capital 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, Ladder Capital'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)
=0.49/131.7762*131.7762
=0.490

Current CPI (Mar. 2024) = 131.7762.

Ladder Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.619 100.560 0.811
201409 0.706 100.428 0.926
201412 0.512 99.070 0.681
201503 0.594 99.621 0.786
201506 2.039 100.684 2.669
201509 0.674 100.392 0.885
201512 1.793 99.792 2.368
201603 0.242 100.470 0.317
201606 0.553 101.688 0.717
201609 1.382 101.861 1.788
201612 1.543 101.863 1.996
201703 0.478 102.862 0.612
201706 0.616 103.349 0.785
201709 0.659 104.136 0.834
201712 0.772 104.011 0.978
201803 0.995 105.290 1.245
201806 0.726 106.317 0.900
201809 1.067 106.507 1.320
201812 0.527 105.998 0.655
201903 0.574 107.251 0.705
201906 0.618 108.070 0.754
201909 0.561 108.329 0.682
201912 0.720 108.420 0.875
202003 0.394 108.902 0.477
202006 0.026 108.767 0.032
202009 0.336 109.815 0.403
202012 0.171 109.897 0.205
202103 0.165 111.754 0.195
202106 0.254 114.631 0.292
202109 0.314 115.734 0.358
202112 0.417 117.630 0.467
202203 0.521 121.301 0.566
202206 0.614 125.017 0.647
202209 0.559 125.227 0.588
202212 0.878 125.222 0.924
202303 0.479 127.348 0.496
202306 0.524 128.729 0.536
202309 0.570 129.860 0.578
202312 0.427 129.419 0.435
202403 0.490 131.776 0.490

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


Ladder Capital  (FRA:LD1A) 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.

Ladder Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.40/3.28
=3.17

* 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 Ladder Capital was 3.21. The lowest was 2.17. And the median was 2.79.


Be Aware

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


Ladder Capital Cyclically Adjusted Revenue per Share Related Terms

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


Ladder Capital (FRA:LD1A) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ladder Capital Corp (FRA:LD1A) » Definitions » Cyclically Adjusted Revenue per Share
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Address
320 Park Avenue, 15th Floor, New York, NY, USA, 10154
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate.

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