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Federal Realty Investment Trust (LTS:0IL1) Cyclically Adjusted Revenue per Share : $14.14 (As of Mar. 2024)


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What is Federal Realty Investment Trust 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.

Federal Realty Investment Trust's adjusted revenue per share for the three months ended in Mar. 2024 was $3.527. 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 $14.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Federal Realty Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 Federal Realty Investment Trust was 6.70% per year. The lowest was -0.60% per year. And the median was 2.80% per year.

As of today (2024-05-15), Federal Realty Investment Trust's current stock price is $102.42. Federal Realty Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $14.14. Federal Realty Investment Trust's Cyclically Adjusted PS Ratio of today is 7.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Federal Realty Investment Trust was 16.82. The lowest was 5.71. And the median was 11.28.


Federal Realty Investment Trust Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Federal Realty Investment Trust Cyclically Adjusted Revenue per Share Chart

Federal Realty Investment Trust 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 11.59 11.90 12.67 13.72 14.24

Federal Realty Investment Trust 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 13.56 13.99 14.29 14.24 14.14

Competitive Comparison of Federal Realty Investment Trust's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.527/129.4194*129.4194
=3.527

Current CPI (Mar. 2024) = 129.4194.

Federal Realty Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.496 100.560 3.212
201409 2.524 100.428 3.253
201412 2.587 99.070 3.380
201503 2.695 99.621 3.501
201506 2.641 100.684 3.395
201509 2.678 100.392 3.452
201512 2.771 99.792 3.594
201603 2.835 100.470 3.652
201606 2.789 101.688 3.550
201609 2.814 101.861 3.575
201612 2.843 101.863 3.612
201703 2.880 102.862 3.624
201706 2.885 103.349 3.613
201709 3.018 104.136 3.751
201712 3.085 104.011 3.839
201803 3.089 105.290 3.797
201806 3.080 106.317 3.749
201809 3.130 106.507 3.803
201812 3.189 105.998 3.894
201903 3.130 107.251 3.777
201906 3.085 108.070 3.694
201909 3.126 108.329 3.735
201912 3.175 108.420 3.790
202003 3.073 108.902 3.652
202006 2.337 108.767 2.781
202009 2.761 109.815 3.254
202012 2.892 109.897 3.406
202103 2.839 111.754 3.288
202106 2.989 114.631 3.375
202109 3.188 115.734 3.565
202112 3.275 117.630 3.603
202203 3.269 121.301 3.488
202206 3.334 125.017 3.451
202209 3.355 125.227 3.467
202212 3.431 125.222 3.546
202303 3.365 127.348 3.420
202306 3.456 128.729 3.475
202309 3.526 129.860 3.514
202312 3.575 129.419 3.575
202403 3.527 129.419 3.527

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


Federal Realty Investment Trust  (LTS:0IL1) 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.

Federal Realty Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=102.42/14.14
=7.24

* 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 Federal Realty Investment Trust was 16.82. The lowest was 5.71. And the median was 11.28.


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

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


Federal Realty Investment Trust (LTS:0IL1) Business Description

Industry
Traded in Other Exchanges
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 102 properties, which includes 25.8 million square feet of retail space and over 3,100 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.

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