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Canadian Apartment Properties Real Estate Investment Trust (MEX:CARUN) Cyclically Adjusted Revenue per Share : MXN78.19 (As of Jun. 2024)


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What is Canadian Apartment Properties Real Estate 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.

Canadian Apartment Properties Real Estate Investment Trust's adjusted revenue per share for the three months ended in Jun. 2024 was MXN21.931. 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 MXN78.19 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.90% 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 Canadian Apartment Properties Real Estate Investment Trust was 4.90% per year. The lowest was -0.90% per year. And the median was 0.25% per year.

As of today (2024-09-24), Canadian Apartment Properties Real Estate Investment Trust's current stock price is MXN594.00. Canadian Apartment Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was MXN78.19. Canadian Apartment Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 7.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Apartment Properties Real Estate Investment Trust was 12.17. The lowest was 4.46. And the median was 8.33.


Canadian Apartment Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Canadian Apartment Properties 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.

* Premium members only.

Canadian Apartment Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Canadian Apartment Properties Real Estate 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 72.73 73.75 69.98 104.70 74.48

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 90.54 103.04 74.48 79.13 78.19

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, Canadian Apartment Properties 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.


Canadian Apartment Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Canadian Apartment Properties 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, Canadian Apartment Properties Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=21.931/127.5217*127.5217
=21.931

Current CPI (Jun. 2024) = 127.5217.

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 13.840 99.394 17.757
201412 14.161 98.367 18.358
201503 13.778 99.789 17.607
201506 13.908 100.500 17.647
201509 14.042 100.421 17.831
201512 13.971 99.947 17.825
201603 14.649 101.054 18.486
201606 16.154 102.002 20.196
201609 16.713 101.765 20.943
201612 17.318 101.449 21.769
201703 15.985 102.634 19.861
201706 15.527 103.029 19.218
201709 17.303 103.345 21.351
201712 18.235 103.345 22.501
201803 16.856 105.004 20.471
201806 17.617 105.557 21.283
201809 16.955 105.636 20.468
201812 17.808 105.399 21.546
201903 17.273 106.979 20.590
201906 17.411 107.690 20.617
201909 18.479 107.611 21.898
201912 18.192 107.769 21.526
202003 21.250 107.927 25.108
202006 21.883 108.401 25.743
202009 21.472 108.164 25.315
202012 20.263 108.559 23.802
202103 21.378 110.298 24.716
202106 21.486 111.720 24.525
202109 22.021 112.905 24.872
202112 21.139 113.774 23.693
202203 22.040 117.646 23.890
202206 22.429 120.806 23.676
202209 21.769 120.648 23.009
202212 21.389 120.964 22.549
202303 20.071 122.702 20.859
202306 20.063 124.203 20.599
202309 20.356 125.230 20.728
202312 20.278 125.072 20.675
202403 19.916 126.258 20.115
202406 21.931 127.522 21.931

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


Canadian Apartment Properties Real Estate Investment Trust  (MEX:CARUN) 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.

Canadian Apartment Properties 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
=594.00/78.19
=7.60

* 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 Canadian Apartment Properties Real Estate Investment Trust was 12.17. The lowest was 4.46. And the median was 8.33.


Be Aware

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


Canadian Apartment Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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


Canadian Apartment Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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