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Atrium Mortgage Investment (TSX:AI) Cyclically Adjusted Revenue per Share : C$1.02 (As of Dec. 2023)


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What is Atrium Mortgage Investment 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.

Atrium Mortgage Investment's adjusted revenue per share for the three months ended in Dec. 2023 was C$0.310. 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 C$1.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Atrium Mortgage Investment's 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.

As of today (2024-04-29), Atrium Mortgage Investment's current stock price is C$11.27. Atrium Mortgage Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$1.02. Atrium Mortgage Investment's Cyclically Adjusted PS Ratio of today is 11.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Atrium Mortgage Investment was 15.93. The lowest was 9.98. And the median was 12.01.


Atrium Mortgage Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Atrium Mortgage Investment'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.

Atrium Mortgage Investment Cyclically Adjusted Revenue per Share Chart

Atrium Mortgage Investment 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 - - 0.94 0.98 1.02

Atrium Mortgage Investment 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 0.98 0.99 1.00 1.02 1.02

Competitive Comparison of Atrium Mortgage Investment's Cyclically Adjusted Revenue per Share

For the Mortgage Finance subindustry, Atrium Mortgage Investment'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.


Atrium Mortgage Investment's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Atrium Mortgage Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atrium Mortgage Investment 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, Atrium Mortgage Investment'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)
=0.31/125.4675*125.4675
=0.310

Current CPI (Dec. 2023) = 125.4675.

Atrium Mortgage Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.227 98.604 0.289
201406 0.204 99.473 0.257
201409 0.213 99.394 0.269
201412 0.201 98.367 0.256
201503 0.194 99.789 0.244
201506 0.196 100.500 0.245
201509 0.216 100.421 0.270
201512 0.208 99.947 0.261
201603 0.194 101.054 0.241
201606 0.204 102.002 0.251
201609 0.215 101.765 0.265
201612 0.222 101.449 0.275
201703 0.213 102.634 0.260
201706 0.206 103.029 0.251
201709 0.199 103.345 0.242
201712 0.204 103.345 0.248
201803 0.198 105.004 0.237
201806 0.205 105.557 0.244
201809 0.202 105.636 0.240
201812 0.196 105.399 0.233
201903 0.201 106.979 0.236
201906 0.205 107.690 0.239
201909 0.210 107.611 0.245
201912 0.212 107.769 0.247
202003 0.212 107.927 0.246
202006 0.216 108.401 0.250
202009 0.209 108.164 0.242
202012 0.222 108.559 0.257
202103 0.219 110.298 0.249
202106 0.215 111.720 0.241
202109 0.231 112.905 0.257
202112 0.223 113.774 0.246
202203 0.230 117.646 0.245
202206 0.211 120.806 0.219
202209 0.248 120.648 0.258
202212 0.274 120.964 0.284
202303 0.290 122.702 0.297
202306 0.286 124.203 0.289
202309 0.304 125.230 0.305
202312 0.310 125.468 0.310

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


Atrium Mortgage Investment  (TSX:AI) 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.

Atrium Mortgage Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.27/1.02
=11.05

* 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 Atrium Mortgage Investment was 15.93. The lowest was 9.98. And the median was 12.01.


Be Aware

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


Atrium Mortgage Investment Cyclically Adjusted Revenue per Share Related Terms

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


Atrium Mortgage Investment (TSX:AI) Business Description

Industry
Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 900, Toronto, ON, CAN, M5C 2T6
Atrium Mortgage Investment Corp is a mortgage investment corporation in Canada. The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada. The company generates its revenue from mortgage interest and fees and rental income.