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Burstone Group (JSE:BTN) Cyclically Adjusted Revenue per Share : R2.71 (As of Sep. 2023)


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What is Burstone Group 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.

Burstone Group's adjusted revenue per share data for the fiscal year that ended in Mar. 2023 was R1.812. 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 R2.71 for the trailing ten years ended in Mar. 2023.

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 (2024-06-20), Burstone Group's current stock price is R 7.37. Burstone Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2023 was R2.71. Burstone Group's Cyclically Adjusted PS Ratio of today is 2.72.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Burstone Group was 5.14. The lowest was 2.50. And the median was 3.84.


Burstone Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Burstone Group'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.

Burstone Group Cyclically Adjusted Revenue per Share Chart

Burstone Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.46 2.60 2.71

Burstone Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.60 - 2.71 -

Competitive Comparison of Burstone Group's Cyclically Adjusted Revenue per Share

For the REIT - Diversified subindustry, Burstone Group'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.


Burstone Group's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Burstone Group 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, Burstone Group's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.812/147.5864*147.5864
=1.812

Current CPI (Mar. 2023) = 147.5864.

Burstone Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.633 94.723 2.544
201503 2.146 98.538 3.214
201603 2.291 104.969 3.221
201703 2.522 111.400 3.341
201803 2.540 115.542 3.244
201903 2.455 120.774 3.000
202003 2.309 125.679 2.711
202103 1.818 129.628 2.070
202203 1.822 137.594 1.954
202303 1.812 147.586 1.812

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


Burstone Group  (JSE:BTN) 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.

Burstone Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.37/2.71
=2.72

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Burstone Group was 5.14. The lowest was 2.50. And the median was 3.84.


Be Aware

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


Burstone Group Cyclically Adjusted Revenue per Share Related Terms

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


Burstone Group (JSE:BTN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Burstone Group Ltd (JSE:BTN) » Definitions » Cyclically Adjusted Revenue per Share
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Address
100 Grayston Drive, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Burstone Group Ltd Formerly Investec Property Fund Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.

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