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Armada Hoffler Properties (Armada Hoffler Properties) Cyclically Adjusted Revenue per Share : $8.26 (As of Dec. 2023)


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What is Armada Hoffler Properties 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.

Armada Hoffler Properties's adjusted revenue per share for the three months ended in Dec. 2023 was $2.782. 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 $8.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Armada Hoffler Properties's average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 (2024-04-29), Armada Hoffler Properties's current stock price is $10.715. Armada Hoffler Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.26. Armada Hoffler Properties's Cyclically Adjusted PS Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Armada Hoffler Properties was 2.04. The lowest was 1.20. And the median was 1.52.


Armada Hoffler Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Armada Hoffler Properties'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.

Armada Hoffler Properties Cyclically Adjusted Revenue per Share Chart

Armada Hoffler Properties 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 - - 7.68 8.02 8.26

Armada Hoffler Properties 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 8.02 8.12 8.18 8.24 8.26

Competitive Comparison of Armada Hoffler Properties's Cyclically Adjusted Revenue per Share

For the REIT - Diversified subindustry, Armada Hoffler Properties'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.


Armada Hoffler Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Armada Hoffler Properties's Cyclically Adjusted PS Ratio falls into.



Armada Hoffler Properties 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, Armada Hoffler Properties'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)
=2.782/129.4194*129.4194
=2.782

Current CPI (Dec. 2023) = 129.4194.

Armada Hoffler Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.794 99.695 2.329
201406 1.860 100.560 2.394
201409 2.381 100.428 3.068
201412 1.978 99.070 2.584
201503 1.887 99.621 2.451
201506 2.618 100.684 3.365
201509 2.894 100.392 3.731
201512 2.300 99.792 2.983
201603 1.990 100.470 2.563
201606 1.810 101.688 2.304
201609 1.890 101.861 2.401
201612 2.110 101.863 2.681
201703 2.412 102.862 3.035
201706 1.982 103.349 2.482
201709 1.520 104.136 1.889
201712 1.341 104.011 1.669
201803 1.147 105.290 1.410
201806 1.072 106.317 1.305
201809 0.994 106.507 1.208
201812 0.873 105.998 1.066
201903 0.941 107.251 1.136
201906 1.102 108.070 1.320
201909 1.307 108.329 1.561
201912 1.467 108.420 1.751
202003 1.588 108.902 1.887
202006 1.717 108.767 2.043
202009 1.696 109.815 1.999
202012 1.689 109.897 1.989
202103 1.368 111.754 1.584
202106 1.089 114.631 1.229
202109 1.098 115.734 1.228
202112 1.134 117.630 1.248
202203 1.181 121.301 1.260
202206 1.484 125.017 1.536
202209 1.813 125.227 1.874
202212 2.238 125.222 2.313
202303 2.072 127.348 2.106
202306 2.394 128.729 2.407
202309 2.389 129.860 2.381
202312 2.782 129.419 2.782

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


Armada Hoffler Properties  (NYSE:AHH) 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.

Armada Hoffler Properties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.715/8.26
=1.30

* 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 Armada Hoffler Properties was 2.04. The lowest was 1.20. And the median was 1.52.


Be Aware

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


Armada Hoffler Properties Cyclically Adjusted Revenue per Share Related Terms

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


Armada Hoffler Properties (Armada Hoffler Properties) Business Description

Industry
Traded in Other Exchanges
Address
222 Central Park Avenue, Suite 2100, Virginia Beach, VA, USA, 23462
Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.
Executives
A Russell Kirk director 3720 VIRGINIA BEACH BLVD, VIRGINIA BEACH VA 23452
Eric E. Apperson officer: Vice President 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Dennis H. Gartman director C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Matthew Barnes-smith officer: CFO, Treasurer and Secretary C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Michael P O'hara officer: Treasurer, CFO 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
John W. Snow director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Daniel A Hoffler director 4171 ESSEN LANE, BATON ROUGE LA 70809
Louis S Haddad director, officer: President, CEO 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
James C. Cherry director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Shawn J Tibbetts officer: Chief Operating Officer C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Dorothy Mcauliffe director C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE SUITE 2100, VIRGINIA BEACH VA 23462
Eva S Hardy director ARMADA HOFFLER PROPERTIES, 222 CENTRAL PARK AVE, STE 2100, VIRGINIA BEACH VA 23462
George F Allen director 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Shelly R. Hampton officer: Vice President 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Eric L Smith officer: Chief Investment Officer 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462

Armada Hoffler Properties (Armada Hoffler Properties) Headlines