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Welltower (BSP:W1EL34) Cyclically Adjusted Revenue per Share : R$34.21 (As of Dec. 2023)


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What is Welltower 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.

Welltower's adjusted revenue per share for the three months ended in Dec. 2023 was R$7.755. 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 R$34.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Welltower's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% 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 Welltower was 10.40% per year. The lowest was -5.70% per year. And the median was 6.60% per year.

As of today (2024-04-27), Welltower's current stock price is R$242.64. Welltower's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$34.21. Welltower's Cyclically Adjusted PS Ratio of today is 7.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Welltower was 12.76. The lowest was 3.37. And the median was 7.55.


Welltower Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Welltower'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.

Welltower Cyclically Adjusted Revenue per Share Chart

Welltower 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 - 29.80 35.23 36.02 34.21

Welltower 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 36.02 34.89 33.14 35.41 34.21

Competitive Comparison of Welltower's Cyclically Adjusted Revenue per Share

For the REIT - Healthcare Facilities subindustry, Welltower'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.


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

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

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



Welltower 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, Welltower'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)
=7.755/129.4194*129.4194
=7.755

Current CPI (Dec. 2023) = 129.4194.

Welltower Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.204 99.695 4.159
201406 3.101 100.560 3.991
201409 3.167 100.428 4.081
201412 3.484 99.070 4.551
201503 4.158 99.621 5.402
201506 4.238 100.684 5.448
201509 5.411 100.392 6.976
201512 5.626 99.792 7.296
201603 5.437 100.470 7.004
201606 5.135 101.688 6.535
201609 4.859 101.861 6.174
201612 4.959 101.863 6.301
201703 4.555 102.862 5.731
201706 4.738 103.349 5.933
201709 4.611 104.136 5.731
201712 4.886 104.011 6.080
201803 4.818 105.290 5.922
201806 5.690 106.317 6.926
201809 6.782 106.507 8.241
201812 6.341 105.998 7.742
201903 6.210 107.251 7.494
201906 6.258 108.070 7.494
201909 6.409 108.329 7.657
201912 6.352 108.420 7.582
202003 7.456 108.902 8.861
202006 7.356 108.767 8.753
202009 6.682 109.815 7.875
202012 6.889 109.897 8.113
202103 7.073 111.754 8.191
202106 6.842 114.631 7.725
202109 7.611 115.734 8.511
202112 8.435 117.630 9.280
202203 7.721 121.301 8.238
202206 8.131 125.017 8.417
202209 8.339 125.227 8.618
202212 8.184 125.222 8.458
202303 8.220 127.348 8.354
202306 8.052 128.729 8.095
202309 7.815 129.860 7.789
202312 7.755 129.419 7.755

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


Welltower  (BSP:W1EL34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=242.64/34.21
=7.09

* 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 Welltower was 12.76. The lowest was 3.37. And the median was 7.55.


Be Aware

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


Welltower Cyclically Adjusted Revenue per Share Related Terms

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


Welltower (BSP:W1EL34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Welltower Inc (BSP:W1EL34) » Definitions » Cyclically Adjusted Revenue per Share
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Address
4500 Dorr Street, Toledo, OH, USA, 43615
Welltower owns a diversified healthcare portfolio of over 2,000 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.

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