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Allied Properties Real Estate Investment Trust (TSX:AP.UN) Cyclically Adjusted Revenue per Share : C$5.25 (As of Dec. 2023)


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What is Allied Properties Real Estate Investment Trust 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.

Allied Properties Real Estate Investment Trust's adjusted revenue per share for the three months ended in Dec. 2023 was C$1.179. 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$5.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Allied Properties Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% 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 Allied Properties Real Estate Investment Trust was 2.70% per year. The lowest was 0.10% per year. And the median was 1.50% per year.

As of today (2024-04-28), Allied Properties Real Estate Investment Trust's current stock price is C$17.10. Allied Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$5.25. Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 3.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Allied Properties Real Estate Investment Trust was 11.99. The lowest was 3.01. And the median was 7.71.


Allied Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Allied Properties Real Estate Investment Trust'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.

Allied Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Allied Properties Real Estate Investment Trust 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 4.97 4.92 5.04 5.20 5.25

Allied Properties Real Estate Investment Trust 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 5.20 5.23 5.27 5.27 5.25

Competitive Comparison of Allied Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Office subindustry, Allied Properties Real Estate Investment Trust'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.


Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Allied Properties Real Estate Investment Trust 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, Allied Properties Real Estate Investment Trust'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)
=1.179/125.4675*125.4675
=1.179

Current CPI (Dec. 2023) = 125.4675.

Allied Properties Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.194 98.604 1.519
201406 1.157 99.473 1.459
201409 1.203 99.394 1.519
201412 1.179 98.367 1.504
201503 1.165 99.789 1.465
201506 1.169 100.500 1.459
201509 1.164 100.421 1.454
201512 1.200 99.947 1.506
201603 1.194 101.054 1.482
201606 1.203 102.002 1.480
201609 1.185 101.765 1.461
201612 1.231 101.449 1.522
201703 1.203 102.634 1.471
201706 1.212 103.029 1.476
201709 1.195 103.345 1.451
201712 1.157 103.345 1.405
201803 1.148 105.004 1.372
201806 1.140 105.557 1.355
201809 1.089 105.636 1.293
201812 1.084 105.399 1.290
201903 1.104 106.979 1.295
201906 1.064 107.690 1.240
201909 1.223 107.611 1.426
201912 1.394 107.769 1.623
202003 1.128 107.927 1.311
202006 1.109 108.401 1.284
202009 1.123 108.164 1.303
202012 1.140 108.559 1.318
202103 1.106 110.298 1.258
202106 1.088 111.720 1.222
202109 1.119 112.905 1.244
202112 0.397 113.774 0.438
202203 0.943 117.646 1.006
202206 1.022 120.806 1.061
202209 1.030 120.648 1.071
202212 1.062 120.964 1.102
202303 0.991 122.702 1.013
202306 1.064 124.203 1.075
202309 1.082 125.230 1.084
202312 1.179 125.468 1.179

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


Allied Properties Real Estate Investment Trust  (TSX:AP.UN) 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.10/5.25
=3.26

* 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 Allied Properties Real Estate Investment Trust was 11.99. The lowest was 3.01. And the median was 7.71.


Be Aware

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


Allied Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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


Allied Properties Real Estate Investment Trust (TSX:AP.UN) Business Description

Traded in Other Exchanges
Address
134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

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