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LTC Properties (LTC Properties) Cyclically Adjusted Revenue per Share : $4.89 (As of Dec. 2023)


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What is LTC 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.

LTC Properties's adjusted revenue per share for the three months ended in Dec. 2023 was $1.199. 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 $4.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LTC Properties's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 LTC Properties was 6.70% per year. The lowest was -1.60% per year. And the median was 2.40% per year.

As of today (2024-04-28), LTC Properties's current stock price is $32.56. LTC Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.89. LTC Properties's Cyclically Adjusted PS Ratio of today is 6.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LTC Properties was 15.65. The lowest was 6.26. And the median was 11.44.


LTC Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LTC 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.

LTC Properties Cyclically Adjusted Revenue per Share Chart

LTC 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 3.92 4.02 4.35 4.67 4.89

LTC 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 4.67 4.76 4.83 4.90 4.89

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

For the REIT - Healthcare Facilities subindustry, LTC 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.


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

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

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



LTC 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, LTC 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)
=1.199/129.4194*129.4194
=1.199

Current CPI (Dec. 2023) = 129.4194.

LTC Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.804 99.695 1.044
201406 0.798 100.560 1.027
201409 0.806 100.428 1.039
201412 0.838 99.070 1.095
201503 0.844 99.621 1.096
201506 0.868 100.684 1.116
201509 0.936 100.392 1.207
201512 1.001 99.792 1.298
201603 1.031 100.470 1.328
201606 1.048 101.688 1.334
201609 1.038 101.861 1.319
201612 1.079 101.863 1.371
201703 1.076 102.862 1.354
201706 1.067 103.349 1.336
201709 1.038 104.136 1.290
201712 1.058 104.011 1.316
201803 1.060 105.290 1.303
201806 1.043 106.317 1.270
201809 1.048 106.507 1.273
201812 1.095 105.998 1.337
201903 1.140 107.251 1.376
201906 1.163 108.070 1.393
201909 1.179 108.329 1.409
201912 1.174 108.420 1.401
202003 1.174 108.902 1.395
202006 0.728 108.767 0.866
202009 0.976 109.815 1.150
202012 1.179 109.897 1.388
202103 1.028 111.754 1.190
202106 0.973 114.631 1.099
202109 0.956 115.734 1.069
202112 1.007 117.630 1.108
202203 1.037 121.301 1.106
202206 1.085 125.017 1.123
202209 1.073 125.227 1.109
202212 1.178 125.222 1.217
202303 1.202 127.348 1.222
202306 1.170 128.729 1.176
202309 1.196 129.860 1.192
202312 1.199 129.419 1.199

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


LTC Properties  (NYSE:LTC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.56/4.89
=6.66

* 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 LTC Properties was 15.65. The lowest was 6.26. And the median was 11.44.


Be Aware

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


LTC Properties Cyclically Adjusted Revenue per Share Related Terms

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


LTC Properties (LTC Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LTC Properties Inc (NYSE:LTC) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2829 Townsgate Road, Suite 350, Westlake Village, CA, USA, 91361
LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and healthcare real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects.
Executives
Boyd W Hendrickson director 22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265
Pamela Shelley-kessler officer: VP & Controller 300 ESPLANADE DR #1860, OXNARD CA 93036
David L Gruber director 2829 TOWNSGATE RD, STE 350, WESTLAKE VILLAGE CA 91361
Wendy Simpson director, officer: CFO & Treasurer 300 ESPLANADE DR #1860, OXNARD CA 93036
Caroline Wong officer: VP, Controller & Treasurer 2829 TOWNSGATE RD, SUITE 350, WESTLAKE VILLAGE CA 91361
Timothy Triche director 2358 NORTH VERMONT AVE, LOS ANGELES CA 90027
Cheng Cornelia director 2829 TOWNSGATE RD, STE 350, STE 350, WESTLAKE VILLAGE CA 91361
James Pieczynski director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Clint B Malin officer: VP & CIO 22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265
Brent P. Chappell officer: SVP, Inv. & Portfolio Mgmt 2829 TOWNSGATE RD #350, WESTLAKE VILLAGE CA 91361
Edmund King director 258 VINEYARD LANE, MESQUITE NV 89027
Thomas Andrew Stokes officer: VP, Marketing/Strat. Planning 31365 OAK CREST DRIVE, SUITE 200, WESTLAKE VILLAGE CA 91361
Peter G Lyew officer: VP, Director of Taxes 31365 OAK CREST DRVE, SUITE 200, WESTLAKE VILLAGE CA 91361
Andre C Dimitriadis director, officer: CEO and President 9955 SE WASHINTON, SUITE 201, PORTLAND OR 97216
Devra G Shapiro director C/O IPC THE HOSPITALIST COMPANY, INC., 4605 LANKERSHIM BLVD SUITE 617, NORTH HOLLYWOOD CA 91602

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