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Cousins Properties (FRA:CPZ1) Cyclically Adjusted Revenue per Share : €4.84 (As of Mar. 2024)


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What is Cousins 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.

Cousins Properties's adjusted revenue per share for the three months ended in Mar. 2024 was €1.263. 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 €4.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cousins Properties's average Cyclically Adjusted Revenue Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -8.30% 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 Cousins Properties was 13.50% per year. The lowest was -14.70% per year. And the median was 1.20% per year.

As of today (2024-05-16), Cousins Properties's current stock price is €22.00. Cousins Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.84. Cousins Properties's Cyclically Adjusted PS Ratio of today is 4.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cousins Properties was 8.15. The lowest was 2.27. And the median was 4.47.


Cousins Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cousins 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.

Cousins Properties Cyclically Adjusted Revenue per Share Chart

Cousins 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 4.62 4.10 4.62 5.10 4.90

Cousins Properties 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 4.98 4.99 5.17 4.90 4.84

Competitive Comparison of Cousins Properties's Cyclically Adjusted Revenue per Share

For the REIT - Office subindustry, Cousins 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.


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

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

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



Cousins 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, Cousins Properties'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)
=1.263/131.7762*131.7762
=1.263

Current CPI (Mar. 2024) = 131.7762.

Cousins Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.254 100.560 1.643
201409 1.316 100.428 1.727
201412 -1.163 99.070 -1.547
201503 1.568 99.621 2.074
201506 1.610 100.684 2.107
201509 1.617 100.392 2.123
201512 -1.435 99.792 -1.895
201603 0.816 100.470 1.070
201606 0.817 101.688 1.059
201609 0.825 101.861 1.067
201612 1.102 101.863 1.426
201703 1.090 102.862 1.396
201706 0.992 103.349 1.265
201709 0.889 104.136 1.125
201712 0.903 104.011 1.144
201803 0.889 105.290 1.113
201806 0.934 106.317 1.158
201809 0.952 106.507 1.178
201812 1.009 105.998 1.254
201903 1.099 107.251 1.350
201906 1.096 108.070 1.336
201909 1.151 108.329 1.400
201912 1.177 108.420 1.431
202003 1.181 108.902 1.429
202006 1.075 108.767 1.302
202009 1.048 109.815 1.258
202012 1.012 109.897 1.213
202103 1.071 111.754 1.263
202106 1.041 114.631 1.197
202109 1.078 115.734 1.227
202112 1.127 117.630 1.263
202203 1.139 121.301 1.237
202206 1.178 125.017 1.242
202209 1.299 125.227 1.367
202212 1.209 125.222 1.272
202303 1.247 127.348 1.290
202306 1.240 128.729 1.269
202309 1.225 129.860 1.243
202312 1.188 129.419 1.210
202403 1.263 131.776 1.263

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


Cousins Properties  (FRA:CPZ1) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.00/4.84
=4.55

* 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 Cousins Properties was 8.15. The lowest was 2.27. And the median was 4.47.


Be Aware

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


Cousins Properties Cyclically Adjusted Revenue per Share Related Terms

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


Cousins Properties (FRA:CPZ1) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cousins Properties Inc (FRA:CPZ1) » Definitions » Cyclically Adjusted Revenue per Share
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Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.

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