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Melcor Real Estate Investment Trust (TSX:MR.UN) Cyclically Adjusted Revenue per Share : C$5.37 (As of Mar. 2024)


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What is Melcor 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.

Melcor Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2024 was C$0.650. 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$5.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Melcor Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 0.40% 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 (2024-06-20), Melcor Real Estate Investment Trust's current stock price is C$2.78. Melcor Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$5.37. Melcor Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 0.52.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Melcor Real Estate Investment Trust was 1.37. The lowest was 0.44. And the median was 0.93.


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

The historical data trend for Melcor 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.

Melcor Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Melcor Real Estate Investment Trust 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 - - - 5.34 5.41

Melcor Real Estate Investment Trust 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 5.35 5.39 5.42 5.41 5.37

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

For the REIT - Diversified subindustry, Melcor 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.


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

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

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



Melcor 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, Melcor Real Estate Investment Trust'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)
=0.65/126.2576*126.2576
=0.650

Current CPI (Mar. 2024) = 126.2576.

Melcor Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.071 99.473 1.359
201409 0.987 99.394 1.254
201412 1.035 98.367 1.328
201503 1.443 99.789 1.826
201506 1.471 100.500 1.848
201509 1.412 100.421 1.775
201512 1.521 99.947 1.921
201603 1.485 101.054 1.855
201606 1.497 102.002 1.853
201609 1.474 101.765 1.829
201612 1.450 101.449 1.805
201703 1.525 102.634 1.876
201706 1.478 103.029 1.811
201709 0.589 103.345 0.720
201712 1.458 103.345 1.781
201803 0.649 105.004 0.780
201806 1.330 105.557 1.591
201809 0.615 105.636 0.735
201812 0.617 105.399 0.739
201903 1.361 106.979 1.606
201906 1.327 107.690 1.556
201909 1.338 107.611 1.570
201912 1.391 107.769 1.630
202003 0.659 107.927 0.771
202006 1.382 108.401 1.610
202009 1.413 108.164 1.649
202012 0.642 108.559 0.747
202103 1.494 110.298 1.710
202106 1.386 111.720 1.566
202109 0.499 112.905 0.558
202112 1.429 113.774 1.586
202203 1.460 117.646 1.567
202206 1.126 120.806 1.177
202209 0.502 120.648 0.525
202212 1.450 120.964 1.513
202303 0.653 122.702 0.672
202306 1.124 124.203 1.143
202309 0.534 125.230 0.538
202312 0.636 125.072 0.642
202403 0.650 126.258 0.650

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


Melcor Real Estate Investment Trust  (TSX:MR.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.

Melcor 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
=2.78/5.37
=0.52

* 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 Melcor Real Estate Investment Trust was 1.37. The lowest was 0.44. And the median was 0.93.


Be Aware

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


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

Thank you for viewing the detailed overview of Melcor 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.


Melcor Real Estate Investment Trust (TSX:MR.UN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Real Estate Investment Trust is an open-ended real estate investment trust. The company is engaged in acquiring, owning, and managing offices, retail and industrial properties in select target markets in Western Canada. Its objective is to provide stable and growing monthly cash distributions to unitholders by acquiring high-quality properties and diversifying its portfolio.

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