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Mid-America Apartment Communities (STU:M2K) Cyclically Adjusted Revenue per Share : €17.14 (As of Dec. 2024)


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What is Mid-America Apartment Communities 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.

Mid-America Apartment Communities's adjusted revenue per share for the three months ended in Dec. 2024 was €4.494. 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 €17.14 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Mid-America Apartment Communities's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 Mid-America Apartment Communities was 7.40% per year. The lowest was -1.50% per year. And the median was 0.30% per year.

As of today (2025-04-18), Mid-America Apartment Communities's current stock price is €138.05. Mid-America Apartment Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was €17.14. Mid-America Apartment Communities's Cyclically Adjusted PS Ratio of today is 8.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mid-America Apartment Communities was 14.95. The lowest was 5.33. And the median was 7.99.


Mid-America Apartment Communities Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mid-America Apartment Communities'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.

Mid-America Apartment Communities Cyclically Adjusted Revenue per Share Chart

Mid-America Apartment Communities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.23 13.38 15.58 15.96 17.14

Mid-America Apartment Communities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 15.96 16.50 16.32 16.07 17.14

Competitive Comparison of Mid-America Apartment Communities's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, Mid-America Apartment Communities'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.


Mid-America Apartment Communities's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's Cyclically Adjusted PS Ratio falls into.


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Mid-America Apartment Communities 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, Mid-America Apartment Communities's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.494/133.1571*133.1571
=4.494

Current CPI (Dec. 2024) = 133.1571.

Mid-America Apartment Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 3.179 99.621 4.249
201506 3.069 100.684 4.059
201509 3.105 100.392 4.118
201512 3.215 99.792 4.290
201603 3.200 100.470 4.241
201606 3.219 101.688 4.215
201609 3.276 101.861 4.283
201612 3.303 101.863 4.318
201703 3.006 102.862 3.891
201706 2.999 103.349 3.864
201709 2.839 104.136 3.630
201712 2.843 104.011 3.640
201803 2.758 105.290 3.488
201806 2.933 106.317 3.673
201809 2.988 106.507 3.736
201812 2.683 105.998 3.370
201903 3.116 107.251 3.869
201906 3.160 108.070 3.894
201909 3.307 108.329 4.065
201912 2.871 108.420 3.526
202003 3.305 108.902 4.041
202006 3.205 108.767 3.924
202009 3.139 109.815 3.806
202012 3.040 109.897 3.683
202103 3.116 111.754 3.713
202106 3.159 114.631 3.670
202109 3.338 115.734 3.841
202112 3.562 117.630 4.032
202203 3.736 121.301 4.101
202206 4.053 125.017 4.317
202209 4.551 125.227 4.839
202212 4.313 125.222 4.586
202303 4.245 127.348 4.439
202306 4.232 128.729 4.378
202309 4.352 129.860 4.463
202312 4.259 129.419 4.382
202403 4.283 131.776 4.328
202406 4.347 132.554 4.367
202409 4.251 133.029 4.255
202412 4.494 133.157 4.494

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


Mid-America Apartment Communities  (STU:M2K) 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.

Mid-America Apartment Communities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=138.05/17.14
=8.05

* 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 Mid-America Apartment Communities was 14.95. The lowest was 5.33. And the median was 7.99.


Be Aware

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


Mid-America Apartment Communities Cyclically Adjusted Revenue per Share Related Terms

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Mid-America Apartment Communities Business Description

Industry
Traded in Other Exchanges
Address
6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in the southeastern and southwestern United States. The company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a casualty loss and stabilized communities that do not meet the requirements to be Same Store communities.

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