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Parkit Enterprise (Parkit Enterprise) Cyclically Adjusted Revenue per Share : $0.06 (As of Mar. 2024)


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What is Parkit Enterprise 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.

Parkit Enterprise's adjusted revenue per share for the three months ended in Mar. 2024 was $0.022. 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 $0.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Parkit Enterprise's average Cyclically Adjusted Revenue Growth Rate was -42.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -48.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -34.40% 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 Parkit Enterprise was -4.60% per year. The lowest was -48.00% per year. And the median was -39.90% per year.

As of today (2024-05-15), Parkit Enterprise's current stock price is $0.43. Parkit Enterprise's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.06. Parkit Enterprise's Cyclically Adjusted PS Ratio of today is 7.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Parkit Enterprise was 8.25. The lowest was 0.13. And the median was 1.90.


Parkit Enterprise Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Cyclically Adjusted Revenue per Share Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.47 0.42 0.09 0.07

Parkit Enterprise Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 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 0.12 0.09 0.08 0.07 0.06

Competitive Comparison of Parkit Enterprise's Cyclically Adjusted Revenue per Share

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Parkit Enterprise 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, Parkit Enterprise'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)
=0.022/125.4675*125.4675
=0.022

Current CPI (Mar. 2024) = 125.4675.

Parkit Enterprise Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.078 98.920 0.099
201407 0.062 99.315 0.078
201410 0.068 99.473 0.086
201501 0.074 98.209 0.095
201504 0.051 99.710 0.064
201507 0.001 100.579 0.001
201510 0.003 100.500 0.004
201601 0.002 100.184 0.003
201604 0.002 101.370 0.002
201607 0.002 101.844 0.002
201610 0.001 102.002 0.001
201701 0.002 102.318 0.002
201704 0.001 103.029 0.001
201707 0.001 103.029 0.001
201710 0.001 103.424 0.001
201801 0.001 104.056 0.001
201804 0.001 105.320 0.001
201807 0.001 106.110 0.001
201810 0.002 105.952 0.002
201901 0.001 105.557 0.001
201904 0.001 107.453 0.001
201907 0.001 108.243 0.001
201910 0.001 107.927 0.001
202001 0.001 108.085 0.001
202004 0.000 107.216 0.000
202007 0.001 108.401 0.001
202010 -0.002 108.638 -0.002
202103 0.003 110.298 0.003
202106 0.005 111.720 0.006
202109 0.006 112.905 0.007
202112 0.007 113.774 0.008
202203 0.007 117.646 0.007
202206 0.009 120.806 0.009
202209 0.009 120.648 0.009
202212 0.011 120.964 0.011
202303 0.011 122.702 0.011
202306 0.020 124.203 0.020
202309 0.021 125.230 0.021
202312 0.022 125.468 0.022
202403 0.022 125.468 0.022

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


Parkit Enterprise  (OTCPK:PKTEF) 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.

Parkit Enterprise's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.43/0.06
=7.17

* 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 Parkit Enterprise was 8.25. The lowest was 0.13. And the median was 1.90.


Be Aware

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


Parkit Enterprise Cyclically Adjusted Revenue per Share Related Terms

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


Parkit Enterprise (Parkit Enterprise) Business Description

Industry
Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

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