GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Slate Grocery REIT (TSX:SGR.UN) » Definitions » Cyclically Adjusted Revenue per Share

Slate Grocery REIT (TSX:SGR.UN) Cyclically Adjusted Revenue per Share : C$4.52 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Slate Grocery REIT 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.

Slate Grocery REIT's adjusted revenue per share for the three months ended in Dec. 2023 was C$1.147. 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$4.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Slate Grocery REIT's average Cyclically Adjusted Revenue Growth Rate was 11.10% 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 (2024-04-30), Slate Grocery REIT's current stock price is C$10.90. Slate Grocery REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$4.52. Slate Grocery REIT's Cyclically Adjusted PS Ratio of today is 2.41.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Slate Grocery REIT was 4.51. The lowest was 2.20. And the median was 3.36.


Slate Grocery REIT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Slate Grocery REIT'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.

Slate Grocery REIT Cyclically Adjusted Revenue per Share Chart

Slate Grocery REIT 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 - - 3.68 4.07 4.52

Slate Grocery REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.07 4.21 4.35 4.46 4.52

Competitive Comparison of Slate Grocery REIT's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, Slate Grocery REIT'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.


Slate Grocery REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Slate Grocery REIT's Cyclically Adjusted PS Ratio falls into.



Slate Grocery REIT 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, Slate Grocery REIT's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.147/125.4675*125.4675
=1.147

Current CPI (Dec. 2023) = 125.4675.

Slate Grocery REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.463 98.604 0.589
201406 0.789 99.473 0.995
201409 0.924 99.394 1.166
201412 0.936 98.367 1.194
201503 1.134 99.789 1.426
201506 0.890 100.500 1.111
201509 1.013 100.421 1.266
201512 1.088 99.947 1.366
201603 1.099 101.054 1.365
201606 0.973 102.002 1.197
201609 0.946 101.765 1.166
201612 1.018 101.449 1.259
201703 0.978 102.634 1.196
201706 0.880 103.029 1.072
201709 0.854 103.345 1.037
201712 0.794 103.345 0.964
201803 1.085 105.004 1.296
201806 1.014 105.557 1.205
201809 1.023 105.636 1.215
201812 1.085 105.399 1.292
201903 1.109 106.979 1.301
201906 1.085 107.690 1.264
201909 1.037 107.611 1.209
201912 1.103 107.769 1.284
202003 1.060 107.927 1.232
202006 0.971 108.401 1.124
202009 1.001 108.164 1.161
202012 0.862 108.559 0.996
202103 0.840 110.298 0.956
202106 0.839 111.720 0.942
202109 0.868 112.905 0.965
202112 0.816 113.774 0.900
202203 0.821 117.646 0.876
202206 0.823 120.806 0.855
202209 1.051 120.648 1.093
202212 1.119 120.964 1.161
202303 1.131 122.702 1.156
202306 1.098 124.203 1.109
202309 1.133 125.230 1.135
202312 1.147 125.468 1.147

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


Slate Grocery REIT  (TSX:SGR.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.

Slate Grocery REIT's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.90/4.52
=2.41

* 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 Slate Grocery REIT was 4.51. The lowest was 2.20. And the median was 3.36.


Be Aware

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


Slate Grocery REIT Cyclically Adjusted Revenue per Share Related Terms

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


Slate Grocery REIT (TSX:SGR.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Slate Grocery REIT (TSX:SGR.UN) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company's properties include Bloomingdale Plaza, Westin Centre, Glenlake Plaza, Prairie Point, and others.

Slate Grocery REIT (TSX:SGR.UN) Headlines

No Headlines