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AG Mortgage Investment Trust (AG Mortgage Investment Trust) Cyclically Adjusted Revenue per Share : $3.13 (As of Dec. 2023)


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What is AG Mortgage 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.

AG Mortgage Investment Trust's adjusted revenue per share for the three months ended in Dec. 2023 was $0.552. 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 $3.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AG Mortgage Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 16.80% 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 (2024-04-30), AG Mortgage Investment Trust's current stock price is $5.54. AG Mortgage Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.13. AG Mortgage Investment Trust's Cyclically Adjusted PS Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AG Mortgage Investment Trust was 2.70. The lowest was 1.23. And the median was 1.89.


AG Mortgage Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for AG Mortgage 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.

AG Mortgage Investment Trust Cyclically Adjusted Revenue per Share Chart

AG Mortgage 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 - - 5.54 2.68 3.13

AG Mortgage Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.68 2.46 3.46 3.40 3.13

Competitive Comparison of AG Mortgage Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Mortgage subindustry, AG Mortgage 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.


AG Mortgage Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



AG Mortgage 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, AG Mortgage Investment Trust's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.552/129.4194*129.4194
=0.552

Current CPI (Dec. 2023) = 129.4194.

AG Mortgage Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.864 99.695 5.016
201406 4.617 100.560 5.942
201409 2.956 100.428 3.809
201412 2.261 99.070 2.954
201503 1.892 99.621 2.458
201506 0.816 100.684 1.049
201509 0.474 100.392 0.611
201512 0.452 99.792 0.586
201603 0.377 100.470 0.486
201606 2.773 101.688 3.529
201609 5.528 101.861 7.024
201612 0.266 101.863 0.338
201703 3.068 102.862 3.860
201706 3.923 103.349 4.913
201709 3.942 104.136 4.899
201712 2.834 104.011 3.526
201803 1.213 105.290 1.491
201806 1.503 106.317 1.830
201809 1.732 106.507 2.105
201812 -3.131 105.998 -3.823
201903 3.607 107.251 4.353
201906 2.168 108.070 2.596
201909 1.580 108.329 1.888
201912 3.256 108.420 3.887
202003 -39.807 108.902 -47.307
202006 1.050 108.767 1.249
202009 0.841 109.815 0.991
202012 1.604 109.897 1.889
202103 1.567 111.754 1.815
202106 1.308 114.631 1.477
202109 2.115 115.734 2.365
202112 1.030 117.630 1.133
202203 -0.013 121.301 -0.014
202206 -1.460 125.017 -1.511
202209 0.409 125.227 0.423
202212 0.825 125.222 0.853
202303 0.921 127.348 0.936
202306 0.635 128.729 0.638
202309 0.497 129.860 0.495
202312 0.552 129.419 0.552

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


AG Mortgage Investment Trust  (NYSE:MITT) 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.

AG Mortgage Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.54/3.13
=1.77

* 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 AG Mortgage Investment Trust was 2.70. The lowest was 1.23. And the median was 1.89.


Be Aware

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


AG Mortgage Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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


AG Mortgage Investment Trust (AG Mortgage Investment Trust) Business Description

Industry
Traded in Other Exchanges
Address
245 Park Avenue, 26th Floor, New York, NY, USA, 10167
AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets, which the company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise.
Executives
Matthew Jozoff director C/O AG MORTGAGE INVESTMENT TRUST, INC., 245 PARK AVENUE, FL. 26, NEW YORK NY 10167
Joseph Lamanna director 226 NORTH LINCOLN STREET, HINSDALE IL 60521
David N Roberts director, officer: Chief Executive Officer 245 PARK AVE 26TH FL, C/O ANGELO GRODON & CO, NEW YORK NY 10167
Nicholas P Smith officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENEUE, 26TH FL., NEW YORK NY 10167
Jenny B Neslin officer: General Counsel & Secretary C/O NORTHSTAR ASSET MANAGEMENT GROUP, 399 PARK AVENUE 18TH FLOOR, NEW YORK NY 10022
Anthony William Rossiello officer: Chief Financial Officer 245 PARK AVENUE 26TH FLOOR, C/O ANGELO, GORDON & CO., L.P., NEW YORK NY 10167
Dianne Hurley director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Thomas Durkin director, officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Alison Halpern officer: Chief Accounting Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Brian Chad Sigman officer: Chief Financial Officer 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Debra Ann Hess director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Andrew L Berger director 860 UNITED NATIONS PLAZA, #15G, NEW YORK NY 10017
Arthur S Ainsberg director C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Raul Enrique Moreno officer: General Counsel and Secretary C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167