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Macerich Co (STU:M6G) Cyclically Adjusted Revenue per Share : €6.41 (As of Mar. 2025)


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What is Macerich Co 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.

Macerich Co's adjusted revenue per share for the three months ended in Mar. 2025 was €0.911. 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 €6.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Macerich Co's average Cyclically Adjusted Revenue Growth Rate was -6.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Macerich Co was 3.30% per year. The lowest was -3.70% per year. And the median was -0.70% per year.

As of today (2025-06-26), Macerich Co's current stock price is €13.735. Macerich Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €6.41. Macerich Co's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Macerich Co was 10.62. The lowest was 0.69. And the median was 2.74.


Macerich Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Macerich Co'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.

Macerich Co Cyclically Adjusted Revenue per Share Chart

Macerich Co 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 5.81 6.83 7.03 6.86 6.72

Macerich Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.80 6.75 6.32 6.72 6.41

Competitive Comparison of Macerich Co's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, Macerich Co'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.


Macerich Co's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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


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Macerich Co 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, Macerich Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.911/134.9266*134.9266
=0.911

Current CPI (Mar. 2025) = 134.9266.

Macerich Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.813 100.684 2.430
201509 1.833 100.392 2.464
201512 1.882 99.792 2.545
201603 1.511 100.470 2.029
201606 1.576 101.688 2.091
201609 1.567 101.861 2.076
201612 1.791 101.863 2.372
201703 1.608 102.862 2.109
201706 1.554 103.349 2.029
201709 1.440 104.136 1.866
201712 1.539 104.011 1.996
201803 1.361 105.290 1.744
201806 1.423 106.317 1.806
201809 1.470 106.507 1.862
201812 1.537 105.998 1.956
201903 1.419 107.251 1.785
201906 1.427 108.070 1.782
201909 1.485 108.329 1.850
201912 1.539 108.420 1.915
202003 1.452 108.902 1.799
202006 1.101 108.767 1.366
202009 1.055 109.815 1.296
202012 1.069 109.897 1.312
202103 1.009 111.754 1.218
202106 0.869 114.631 1.023
202109 0.846 115.734 0.986
202112 0.948 117.630 1.087
202203 0.914 121.301 1.017
202206 0.898 125.017 0.969
202209 0.989 125.227 1.066
202212 1.001 125.222 1.079
202303 0.932 127.348 0.987
202306 0.910 128.729 0.954
202309 0.948 129.860 0.985
202312 1.014 129.419 1.057
202403 0.889 131.776 0.910
202406 0.926 132.554 0.943
202409 0.908 133.029 0.921
202412 1.104 133.157 1.119
202503 0.911 134.927 0.911

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


Macerich Co  (STU:M6G) 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.

Macerich Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.735/6.41
=2.14

* 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 Macerich Co was 10.62. The lowest was 0.69. And the median was 2.74.


Be Aware

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


Macerich Co Cyclically Adjusted Revenue per Share Related Terms

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


Macerich Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Macerich Co (STU:M6G) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
Macerich invests in premium mall assets. The company owns 29 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with two power centers and seven other real estate assets. The company's total portfolio has 42.1 million square feet of gross leasable area and averaged $837 sales per square foot over the 12 months ended in March 2025.

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