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Terreno Realty (Terreno Realty) Cyclically Adjusted Revenue per Share : $3.30 (As of Dec. 2023)


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What is Terreno Realty 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.

Terreno Realty's adjusted revenue per share for the three months ended in Dec. 2023 was $1.009. 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 $3.30 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Terreno Realty's average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Terreno Realty was 10.60% per year. The lowest was 9.10% per year. And the median was 9.85% per year.

As of today (2024-04-28), Terreno Realty's current stock price is $54.13. Terreno Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.30. Terreno Realty's Cyclically Adjusted PS Ratio of today is 16.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Terreno Realty was 30.03. The lowest was 15.53. And the median was 22.20.


Terreno Realty Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Terreno Realty'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.

Terreno Realty Cyclically Adjusted Revenue per Share Chart

Terreno Realty 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 2.29 2.54 2.84 3.10 3.30

Terreno Realty 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 3.10 3.16 3.22 3.28 3.30

Competitive Comparison of Terreno Realty's Cyclically Adjusted Revenue per Share

For the REIT - Industrial subindustry, Terreno Realty'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.


Terreno Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Terreno Realty 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, Terreno Realty'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)
=1.009/129.4194*129.4194
=1.009

Current CPI (Dec. 2023) = 129.4194.

Terreno Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.636 99.695 0.826
201406 0.584 100.560 0.752
201409 0.538 100.428 0.693
201412 0.529 99.070 0.691
201503 0.541 99.621 0.703
201506 0.565 100.684 0.726
201509 0.567 100.392 0.731
201512 0.564 99.792 0.731
201603 0.597 100.470 0.769
201606 0.589 101.688 0.750
201609 0.592 101.861 0.752
201612 0.645 101.863 0.819
201703 0.660 102.862 0.830
201706 0.651 103.349 0.815
201709 0.637 104.136 0.792
201712 0.634 104.011 0.789
201803 0.673 105.290 0.827
201806 0.657 106.317 0.800
201809 0.649 106.507 0.789
201812 0.660 105.998 0.806
201903 0.664 107.251 0.801
201906 0.651 108.070 0.780
201909 0.657 108.329 0.785
201912 0.672 108.420 0.802
202003 0.669 108.902 0.795
202006 0.672 108.767 0.800
202009 0.690 109.815 0.813
202012 0.707 109.897 0.833
202103 0.736 111.754 0.852
202106 0.763 114.631 0.861
202109 0.809 115.734 0.905
202112 0.822 117.630 0.904
202203 0.851 121.301 0.908
202206 0.868 125.017 0.899
202209 0.937 125.227 0.968
202212 0.998 125.222 1.031
202303 0.929 127.348 0.944
202306 0.957 128.729 0.962
202309 0.984 129.860 0.981
202312 1.009 129.419 1.009

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


Terreno Realty  (NYSE:TRNO) 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.

Terreno Realty's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=54.13/3.3
=16.40

* 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 Terreno Realty was 30.03. The lowest was 15.53. And the median was 22.20.


Be Aware

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


Terreno Realty Cyclically Adjusted Revenue per Share Related Terms

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


Terreno Realty (Terreno Realty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Terreno Realty Corp (NYSE:TRNO) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment and improved land.
Executives
Melinda Weston officer: Chief Accounting Officer TERRENO REALTY CORPORATION, 10500 NE 8TH STREET, SUITE 301, BELLEVUE WA 98004
Leroy E Carlson director 79840 CITRUS STREET, LAQUINTA CA 92253
Michael A Coke director, officer: PRESIDENT TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Irene H Oh director 135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Gary N Boston director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
W Blake Baird director, officer: CHAIRMAN AND CEO 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Linda Assante director C/O TERRENO REALTY CORP., 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
David M Lee director 101 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Gabriela Franco Parcella director 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Dennis Polk director 44201 NOBEL DRIVE, FREMONT CA 94538
Peter J Merlone director 2840 DIVISADERO, SAN FRANCISCO CA 94123
John Tull Meyer officer: EVP 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jaime Jackson Cannon officer: CFO 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Andrew Thomas Burke officer: EVP 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104