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Easterly Government Properties (STU:E05) Cyclically Adjusted Revenue per Share : €3.23 (As of Mar. 2024)


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What is Easterly Government Properties 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.

Easterly Government Properties's adjusted revenue per share for the three months ended in Mar. 2024 was €0.655. 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 €3.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Easterly Government Properties's average Cyclically Adjusted Revenue Growth Rate was 6.70% 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 (2024-06-19), Easterly Government Properties's current stock price is €11.31. Easterly Government Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.23. Easterly Government Properties's Cyclically Adjusted PS Ratio of today is 3.50.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Easterly Government Properties was 4.51. The lowest was 3.12. And the median was 3.76.


Easterly Government Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Easterly Government Properties'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.

Easterly Government Properties Cyclically Adjusted Revenue per Share Chart

Easterly Government Properties 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 - - - - 3.07

Easterly Government Properties 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 3.02 3.02 3.19 3.07 3.23

Competitive Comparison of Easterly Government Properties's Cyclically Adjusted Revenue per Share

For the REIT - Office subindustry, Easterly Government Properties'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.


Easterly Government Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Easterly Government Properties's Cyclically Adjusted PS Ratio falls into.



Easterly Government Properties 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, Easterly Government Properties'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)
=0.655/131.7762*131.7762
=0.655

Current CPI (Mar. 2024) = 131.7762.

Easterly Government Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.054 100.560 0.071
201409 0.065 100.428 0.085
201412 0.058 99.070 0.077
201503 0.709 99.621 0.938
201506 0.675 100.684 0.883
201509 0.702 100.392 0.921
201512 0.842 99.792 1.112
201603 0.836 100.470 1.096
201606 0.758 101.688 0.982
201609 0.651 101.861 0.842
201612 0.730 101.863 0.944
201703 0.714 102.862 0.915
201706 0.684 103.349 0.872
201709 0.678 104.136 0.858
201712 0.664 104.011 0.841
201803 0.634 105.290 0.793
201806 0.644 106.317 0.798
201809 0.545 106.507 0.674
201812 0.684 105.998 0.850
201903 0.732 107.251 0.899
201906 0.682 108.070 0.832
201909 0.728 108.329 0.886
201912 0.731 108.420 0.888
202003 0.697 108.902 0.843
202006 0.699 108.767 0.847
202009 0.641 109.815 0.769
202012 0.654 109.897 0.784
202103 0.661 111.754 0.779
202106 0.676 114.631 0.777
202109 0.700 115.734 0.797
202112 0.727 117.630 0.814
202203 0.725 121.301 0.788
202206 0.756 125.017 0.797
202209 0.832 125.227 0.876
202212 0.761 125.222 0.801
202303 0.728 127.348 0.753
202306 0.704 128.729 0.721
202309 0.719 129.860 0.730
202312 0.670 129.419 0.682
202403 0.655 131.776 0.655

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


Easterly Government Properties  (STU:E05) 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.

Easterly Government Properties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.31/3.23
=3.50

* 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 Easterly Government Properties was 4.51. The lowest was 3.12. And the median was 3.76.


Be Aware

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


Easterly Government Properties Cyclically Adjusted Revenue per Share Related Terms

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


Easterly Government Properties (STU:E05) Business Description

Industry
Traded in Other Exchanges
Address
2001 K Street NW, Suite 775, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.

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