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BTB Real Estate Investment Trust (TSX:BTB.UN) Cyclically Adjusted Revenue per Share : C$1.90 (As of Mar. 2025)


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What is BTB Real Estate Investment Trust 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.

BTB Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2025 was C$0.387. 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 C$1.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, BTB Real Estate Investment Trust'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 -3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.80% 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 BTB Real Estate Investment Trust was -3.60% per year. The lowest was -11.50% per year. And the median was -6.10% per year.

As of today (2025-06-01), BTB Real Estate Investment Trust's current stock price is C$3.59. BTB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was C$1.90. BTB Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BTB Real Estate Investment Trust was 2.07. The lowest was 1.12. And the median was 1.56.


BTB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BTB 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.

* Premium members only.

BTB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

BTB Real Estate Investment Trust 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 2.25 2.12 2.09 1.99 1.90

BTB Real Estate Investment Trust 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 1.97 1.96 1.93 1.90 1.90

Competitive Comparison of BTB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Office subindustry, BTB 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.


BTB Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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


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BTB 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, BTB Real Estate Investment Trust'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)
=0.387/129.1809*129.1809
=0.387

Current CPI (Mar. 2025) = 129.1809.

BTB Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.512 100.500 0.658
201509 0.533 100.421 0.686
201512 0.534 99.947 0.690
201603 0.533 101.054 0.681
201606 0.523 102.002 0.662
201609 0.439 101.765 0.557
201612 0.427 101.449 0.544
201703 0.449 102.634 0.565
201706 0.432 103.029 0.542
201709 0.426 103.345 0.533
201712 0.422 103.345 0.528
201803 0.442 105.004 0.544
201806 0.420 105.557 0.514
201809 0.419 105.636 0.512
201812 0.399 105.399 0.489
201903 0.390 106.979 0.471
201906 0.395 107.690 0.474
201909 0.387 107.611 0.465
201912 0.411 107.769 0.493
202003 0.383 107.927 0.458
202006 0.368 108.401 0.439
202009 0.375 108.164 0.448
202012 0.354 108.559 0.421
202103 0.369 110.298 0.432
202106 0.355 111.720 0.410
202109 0.324 112.905 0.371
202112 0.360 113.774 0.409
202203 0.373 117.646 0.410
202206 0.341 120.806 0.365
202209 0.351 120.648 0.376
202212 0.368 120.964 0.393
202303 0.383 122.702 0.403
202306 0.367 124.203 0.382
202309 0.360 125.230 0.371
202312 0.368 125.072 0.380
202403 0.373 126.258 0.382
202406 0.366 127.522 0.371
202409 0.368 127.285 0.373
202412 0.370 127.364 0.375
202503 0.387 129.181 0.387

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


BTB Real Estate Investment Trust  (TSX:BTB.UN) 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.

BTB 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
=3.59/1.90
=1.89

* 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 BTB Real Estate Investment Trust was 2.07. The lowest was 1.12. And the median was 1.56.


Be Aware

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


BTB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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


BTB Real Estate Investment Trust Business Description

Industry
Traded in Other Exchanges
Address
1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust. It owns and manages properties across Canada. Its objective is to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders by acquiring properties with high occupancy rates and good tenant quality. The company has three operating segments; Industrial, Suburban office, and Necessity-based retail. Suburban office segment generates the majority of the revenue in the form of rental income.

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