H&R Real Estate Investment Trust (STU:HR3A) Cyclically Adjusted Revenue per Share: €2.74 (As of Jun. 2026)

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STU:HR3A H&R Real Estate Investment Trust STU:HR3A
64 GF Score
Price €6.23
GF Value €5.62
Valuation Modestly Overvalued
! 7 Warning Signs
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What is H&R Real Estate Investment Trust Cyclically Adjusted Revenue per Share?

H&R Real Estate Investment Trust STU:HR3A -0.02% 64 Cyclically Adjusted Revenue per Share is €2.74 as of Jun. 2026. GuruFocus rates STU:HR3A with a GF Score™ of 64/100 and a GF Value™ of €5.62 (Modestly Overvalued). The stock has 7 warning signs investors should review.

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.

H&R Real Estate Investment Trust's adjusted revenue per share for the three months ended in Jun. 2026 was €0.397. 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 €2.74 for the trailing ten years ended in Jun. 2026.

During the past 12 months, H&R Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% 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 H&R Real Estate Investment Trust was 1.80% per year. The lowest was -3.20% per year. And the median was -0.40% per year.

As of today (2026-08-20), H&R Real Estate Investment Trust's current stock price is €6.232. H&R Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.74. H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of H&R Real Estate Investment Trust was 3.93. The lowest was 1.36. And the median was 2.69.


H&R Real Estate Investment Trust  (STU:HR3A) 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.

H&R 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
=6.232/2.74
=2.27

* 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 H&R Real Estate Investment Trust was 3.93. The lowest was 1.36. And the median was 2.69.


Be Aware

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


H&R Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms


H&R Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for H&R 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.

H&R Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

H&R Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.19 3.09 2.90 2.61

H&R Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.70 2.68 2.61 2.56 2.74

STU:HR3A vs VICI, WPC, BNL: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Diversified subindustry, H&R 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.


H&R Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where H&R Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.


STU:HR3A
64GF Score
H&R Real Estate Investment Trust STU:HR3A
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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H&R 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, H&R Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.397/133.5265*133.5265
=0.397

Current CPI (Jun. 2026) = 133.5265.

H&R Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.702 101.765 0.921
201612 0.754 101.449 0.992
201703 0.718 102.634 0.934
201706 0.666 103.029 0.863
201709 0.683 103.345 0.882
201712 0.677 103.345 0.875
201803 0.646 105.004 0.821
201806 0.668 105.557 0.845
201809 0.659 105.636 0.833
201812 0.681 105.399 0.863
201903 0.692 106.979 0.864
201906 0.668 107.690 0.828
201909 0.675 107.611 0.838
201912 0.673 107.769 0.834
202003 0.656 107.927 0.812
202006 0.617 108.401 0.760
202009 0.608 108.164 0.751
202012 0.621 108.559 0.764
202103 0.621 110.298 0.752
202106 0.626 111.720 0.748
202109 0.625 112.905 0.739
202112 0.637 113.774 0.748
202203 0.509 117.646 0.578
202206 0.546 120.806 0.603
202209 0.614 120.648 0.680
202212 0.567 120.964 0.626
202303 0.560 122.702 0.609
202306 0.556 124.203 0.598
202309 0.556 125.230 0.593
202312 0.537 125.072 0.573
202403 0.544 126.258 0.575
202406 0.530 127.522 0.555
202409 0.509 127.285 0.534
202412 0.518 127.364 0.543
202503 0.505 129.181 0.522
202506 0.493 129.892 0.507
202509 0.473 130.287 0.485
202512 0.477 130.366 0.489
202603 0.439 132.262 0.443
202606 0.397 133.527 0.397

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

What does a Cyclically Adjusted Revenue per Share of €2.74 mean?
H&R Real Estate Investment Trust (STU:HR3A) has a Cyclically Adjusted Revenue per Share of €2.74 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on H&R Real Estate Investment Trust and its competitors.
Is H&R Real Estate Investment Trust's Cyclically Adjusted Revenue per Share too high?
H&R Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is €2.74. Overall, H&R Real Estate Investment Trust has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H&R Real Estate Investment Trust's Cyclically Adjusted Revenue per Share compare to VICI and WPC?
H&R Real Estate Investment Trust's Cyclically Adjusted Revenue per Share of €2.74 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on H&R Real Estate Investment Trust and its competitors. H&R Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is €2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&R Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, H&R Real Estate Investment Trust (STU:HR3A) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.62, compared to a current price of €6.23 — trading 10.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €2.74. H&R Real Estate Investment Trust's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For H&R Real Estate Investment Trust (STU:HR3A), the current Cyclically Adjusted Revenue per Share is €2.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is H&R Real Estate Investment Trust (STU:HR3A) Overvalued in 2026?

Based on GuruFocus' analysis, H&R Real Estate Investment Trust stock appears to be overvalued. The current stock price of €6.23 is trading 10.9% above its estimated GF Value™ of €5.62. GuruFocus considers H&R Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for STU:HR3A:

  • Cyclically Adjusted Revenue per Share: €2.74
  • GF Value™: €5.62 vs. price of €6.23 (10.9% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the STU:HR3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H&R Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges HRUFF:USAHR.UN:Canada
Address 3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4
H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its United States properties.
64GF Score

Get the complete analysis for STU:HR3A

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.23
Price
€5.62
GF Value