Federal Realty Investment Trust (FRA:QM1) Cyclically Adjusted Revenue per Share: € (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:QM1 Federal Realty Investment Trust FRA:QM1
76 GF Score
Price €96.00
GF Value €100.21
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Federal Realty Investment Trust Cyclically Adjusted Revenue per Share?

Federal Realty Investment Trust FRA:QM1 -1.03% 76 Cyclically Adjusted Revenue per Share is € as of Jun. 2026. GuruFocus rates FRA:QM1 with a GF Score™ of 76/100 and a GF Value™ of €100.21 (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.

Federal Realty Investment Trust's adjusted revenue per share for the three months ended in Jun. 2026 was €3.350. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Federal Realty Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Federal Realty Investment Trust was 6.70% per year. The lowest was -0.60% per year. And the median was 3.30% per year.

As of today (2026-09-22), Federal Realty Investment Trust's current stock price is €96.00. Federal Realty Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was . Federal Realty Investment Trust's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Federal Realty Investment Trust was 15.75. The lowest was 5.71. And the median was 8.13.


Federal Realty Investment Trust  (FRA:QM1) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Federal Realty Investment Trust was 15.75. The lowest was 5.71. And the median was 8.13.


Be Aware

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


Federal Realty Investment Trust Cyclically Adjusted Revenue per Share Related Terms


Federal Realty Investment Trust Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Federal Realty 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.

Federal Realty Investment Trust Cyclically Adjusted Revenue per Share Chart

Federal Realty 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 - - - - -

Federal Realty Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

FRA:QM1 vs ADC, BRX, NNN: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Retail subindustry, Federal Realty 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.


Federal Realty Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Federal Realty Investment Trust's Cyclically Adjusted PS Ratio falls into.


FRA:QM1
76GF Score
Federal Realty Investment Trust FRA:QM1
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal Realty 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, Federal Realty Investment Trust's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.35/333.9520*333.9520
=3.350

Current CPI (Jun. 2026) = 333.9520.

Federal Realty Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.521 241.428 3.487
201612 2.637 241.432 3.648
201703 2.702 243.801 3.701
201706 2.621 244.955 3.573
201709 2.572 246.819 3.480
201712 2.620 246.524 3.549
201803 2.513 249.554 3.363
201806 2.585 251.989 3.426
201809 2.691 252.439 3.560
201812 2.778 251.233 3.693
201903 2.756 254.202 3.621
201906 2.745 256.143 3.579
201909 2.812 256.759 3.657
201912 2.859 256.974 3.715
202003 2.789 258.115 3.608
202006 2.123 257.797 2.750
202009 2.364 260.280 3.033
202012 2.426 260.474 3.110
202103 2.357 264.877 2.972
202106 2.481 271.696 3.049
202109 2.704 274.310 3.292
202112 2.831 278.802 3.391
202203 2.914 287.504 3.385
202206 3.129 296.311 3.526
202209 3.331 296.808 3.748
202212 3.393 296.797 3.818
202303 3.136 301.836 3.470
202306 3.175 305.109 3.475
202309 3.241 307.789 3.516
202312 3.325 306.746 3.620
202403 3.249 312.332 3.474
202406 3.291 314.175 3.498
202409 3.291 315.301 3.486
202412 3.447 315.605 3.647
202503 3.437 319.799 3.589
202506 3.173 322.561 3.285
202509 3.207 324.800 3.297
202512 3.358 324.054 3.461
202603 3.364 330.213 3.402
202606 3.350 333.952 3.350

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 € mean?
Federal Realty Investment Trust (FRA:QM1) has a Cyclically Adjusted Revenue per Share of € as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Federal Realty Investment Trust and its competitors.
Is Federal Realty Investment Trust's Cyclically Adjusted Revenue per Share too high?
Federal Realty Investment Trust's current Cyclically Adjusted Revenue per Share is €. Overall, Federal Realty Investment Trust has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Realty Investment Trust's Cyclically Adjusted Revenue per Share compare to ADC and BRX?
Federal Realty Investment Trust's Cyclically Adjusted Revenue per Share of € 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 Federal Realty Investment Trust and its competitors. Federal Realty Investment Trust's current Cyclically Adjusted Revenue per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Realty Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Federal Realty Investment Trust (FRA:QM1) is currently considered Fairly Valued. The stock's GF Value™ is €100.21, compared to a current price of €96.00 — trading 4.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €. Federal Realty Investment Trust's overall GF Score™ is 76/100 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 Federal Realty Investment Trust (FRA:QM1), the current Cyclically Adjusted Revenue per Share is € as of Jun. 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 Federal Realty Investment Trust (FRA:QM1) Overvalued in 2026?

Based on GuruFocus' analysis, Federal Realty Investment Trust stock appears to be undervalued. The current stock price of €96.00 is trading 4.2% below its estimated GF Value™ of €100.21. GuruFocus considers Federal Realty Investment Trust to be Fairly Valued.

Key valuation signals for FRA:QM1:

  • Cyclically Adjusted Revenue per Share:
  • GF Value™: €100.21 vs. price of €96.00 (4.2% below fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the FRA:QM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal Realty Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges FRTpC.PFD:USAFRT:USA0IL1:UK
Address 909 Rose Avenue, Suite 200, North Bethesda, MD, USA, 20852
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 104 properties, which includes 28.8 million square feet of retail space and 2,700 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.
76GF Score

Get the complete analysis for FRA:QM1

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

€96.00
Price
€100.21
GF Value