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Alexander's (Alexander's) Cyclically Adjusted Revenue per Share : $50.22 (As of Dec. 2023)


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What is Alexander's 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.

Alexander's's adjusted revenue per share for the three months ended in Dec. 2023 was $12.266. 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 $50.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alexander's's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Alexander's was 26.80% per year. The lowest was 2.30% per year. And the median was 9.80% per year.

As of today (2024-04-27), Alexander's's current stock price is $206.90. Alexander's's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.22. Alexander's's Cyclically Adjusted PS Ratio of today is 4.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alexander's was 13.42. The lowest was 3.15. And the median was 8.51.


Alexander's Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Alexander's'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.

Alexander's Cyclically Adjusted Revenue per Share Chart

Alexander's 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 44.47 44.88 46.97 49.22 50.22

Alexander's 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 49.22 49.85 50.22 50.46 50.22

Competitive Comparison of Alexander's's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, Alexander's'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.


Alexander's's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Alexander's 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, Alexander's'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)
=12.266/129.4194*129.4194
=12.266

Current CPI (Dec. 2023) = 129.4194.

Alexander's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.681 99.695 12.567
201406 9.781 100.560 12.588
201409 9.798 100.428 12.626
201412 10.034 99.070 13.108
201503 10.181 99.621 13.226
201506 9.907 100.684 12.734
201509 10.251 100.392 13.215
201512 10.330 99.792 13.397
201603 10.866 100.470 13.997
201606 11.147 101.688 14.187
201609 11.167 101.861 14.188
201612 11.193 101.863 14.221
201703 11.188 102.862 14.077
201706 11.181 103.349 14.001
201709 11.355 104.136 14.112
201712 11.349 104.011 14.121
201803 11.314 105.290 13.907
201806 11.384 106.317 13.858
201809 11.555 106.507 14.041
201812 11.250 105.998 13.736
201903 11.096 107.251 13.390
201906 10.928 108.070 13.087
201909 11.283 108.329 13.480
201912 10.916 108.420 13.030
202003 10.570 108.902 12.561
202006 8.881 108.767 10.567
202009 8.493 109.815 10.009
202012 10.944 109.897 12.888
202103 10.963 111.754 12.696
202106 10.031 114.631 11.325
202109 9.553 115.734 10.683
202112 9.691 117.630 10.662
202203 9.605 121.301 10.248
202206 9.720 125.017 10.062
202209 10.480 125.227 10.831
202212 10.346 125.222 10.693
202303 10.326 127.348 10.494
202306 10.465 128.729 10.521
202309 10.800 129.860 10.763
202312 12.266 129.419 12.266

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


Alexander's  (NYSE:ALX) 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.

Alexander's's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=206.90/50.22
=4.12

* 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 Alexander's was 13.42. The lowest was 3.15. And the median was 8.51.


Be Aware

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


Alexander's Cyclically Adjusted Revenue per Share Related Terms

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


Alexander's (Alexander's) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexander's Inc (NYSE:ALX) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
210 Route 4 East, Paramus, NJ, USA, 07652
Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.
Executives
Gary W. Hansen officer: Chief Financial Officer 210 ROUTE 4 EAST, PARAMUS NJ 07652
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Wight Russell B Jr director
Matthew Iocco officer: Chief Financial Officer 888 7TH AVENUE, NEW YORK NY 10019
Wendy Silverstein director, .
Properties Interstate 10 percent owner C/O VORNADO REALTY TRUST, 888 SEVENTH AVENUE, NEW YORK NY 10019
Thomas R Dibenedetto director
David Mandelbaum director, 10 percent owner
Arthur Sonnenblick director 888 SEVENTH AVE, NEW YORK NY 10019
Steven Roth director, 10 percent owner, officer: Chairman & CEO
Neil Underberg director 888 SEVENTH AVE, NEW YORK NY 10019
Richard R West director
Joseph Macnow officer: CFO/EVP - Fin. & Admin.
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Stephen Mann director 450 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022