GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Life Storage Inc (NYSE:LSI) » Definitions » Cyclically Adjusted Revenue per Share

Life Storage (Life Storage) Cyclically Adjusted Revenue per Share : $0.00 (As of Mar. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Life Storage 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.

Life Storage's adjusted revenue per share for the three months ended in Mar. 2023 was $3.054. 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 $0.00 for the trailing ten years ended in Mar. 2023.

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 (2024-05-14), Life Storage's current stock price is $133.10. Life Storage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was $0.00. Life Storage's Cyclically Adjusted PS Ratio of today is .


Life Storage Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Life Storage'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.

Life Storage Cyclically Adjusted Revenue per Share Chart

Life Storage Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Life Storage Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - - -

Competitive Comparison of Life Storage's Cyclically Adjusted Revenue per Share

For the REIT - Industrial subindustry, Life Storage'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.


Life Storage's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Life Storage 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, Life Storage's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=3.054/127.3478*127.3478
=3.054

Current CPI (Mar. 2023) = 127.3478.

Life Storage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 1.318 98.518 1.704
201309 1.377 98.790 1.775
201312 1.378 98.326 1.785
201403 1.433 99.695 1.830
201406 1.504 100.560 1.905
201409 1.579 100.428 2.002
201412 1.557 99.070 2.001
201503 1.522 99.621 1.946
201506 1.563 100.684 1.977
201509 1.635 100.392 2.074
201512 1.615 99.792 2.061
201603 1.578 100.470 2.000
201606 1.560 101.688 1.954
201609 1.710 101.861 2.138
201612 1.717 101.863 2.147
201703 1.703 102.862 2.108
201706 1.731 103.349 2.133
201709 1.778 104.136 2.174
201712 1.748 104.011 2.140
201803 1.742 105.290 2.107
201806 1.802 106.317 2.158
201809 1.842 106.507 2.202
201812 1.804 105.998 2.167
201903 1.775 107.251 2.108
201906 1.843 108.070 2.172
201909 1.837 108.329 2.160
201912 2.343 108.420 2.752
202003 1.983 108.902 2.319
202006 1.831 108.767 2.144
202009 1.916 109.815 2.222
202012 2.601 109.897 3.014
202103 2.157 111.754 2.458
202106 2.290 114.631 2.544
202109 2.506 115.734 2.757
202112 2.554 117.630 2.765
202203 2.657 121.301 2.789
202206 2.908 125.017 2.962
202209 3.048 125.227 3.100
202212 3.055 125.222 3.107
202303 3.054 127.348 3.054

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


Life Storage  (NYSE:LSI) 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.


Be Aware

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


Life Storage Cyclically Adjusted Revenue per Share Related Terms

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


Life Storage (Life Storage) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Life Storage Inc (NYSE:LSI) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
6467 Main Street, Williamsville, NY, USA, 14221
Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.
Executives
Joseph Saffire officer: Chief Investment Officer 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Havener Arthur L Jr director 9825 SUNSET GREENS DRIVE, ST. LOUIS MO 63127
Alexander Gress officer: CFO 6467 MAIN STREET, C/O LIFE STORAGE, INC., WILLIAMSVILLE NY 14221
Stephen R Rusmisel director C/O SOVRAN SELF STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Andrew J Gregoire officer: CFO C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David P. Dodman officer: COO C/O LIFE STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Edward F Killeen officer: EVP Real Estate Management C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David L Rogers officer: CFO C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Edward J Pettinella director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Charles E Lannon director C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Kenneth F Myszka director, officer: President, COO C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Robert J Attea director, officer: Chairman of Board, CEO C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112