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Canadian Apartment Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share : $4.35 (As of Mar. 2024)


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What is Canadian Apartment 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.

Canadian Apartment Properties Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2024 was $1.200. 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 $4.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.90% 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 Canadian Apartment Properties Real Estate Investment Trust was 4.90% per year. The lowest was -0.90% per year. And the median was 0.25% per year.

As of today (2024-06-09), Canadian Apartment Properties Real Estate Investment Trust's current stock price is $32.37. Canadian Apartment Properties Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.35. Canadian Apartment Properties Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 7.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Apartment Properties Real Estate Investment Trust was 12.17. The lowest was 3.85. And the median was 7.85.


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

The historical data trend for Canadian Apartment 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.

Canadian Apartment Properties Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Canadian Apartment 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 3.88 3.95 4.14 4.12 4.40

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.19 4.27 4.30 4.40 4.35

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

For the REIT - Residential subindustry, Canadian Apartment 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.


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

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

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



Canadian Apartment 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, Canadian Apartment Properties Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.2/126.2576*126.2576
=1.200

Current CPI (Mar. 2024) = 126.2576.

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.046 99.473 1.328
201409 1.031 99.394 1.310
201412 0.960 98.367 1.232
201503 0.904 99.789 1.144
201506 0.886 100.500 1.113
201509 0.831 100.421 1.045
201512 0.812 99.947 1.026
201603 0.851 101.054 1.063
201606 0.874 102.002 1.082
201609 0.864 101.765 1.072
201612 0.840 101.449 1.045
201703 0.849 102.634 1.044
201706 0.859 103.029 1.053
201709 0.953 103.345 1.164
201712 0.928 103.345 1.134
201803 0.928 105.004 1.116
201806 0.897 105.557 1.073
201809 0.906 105.636 1.083
201812 0.907 105.399 1.086
201903 0.890 106.979 1.050
201906 0.906 107.690 1.062
201909 0.936 107.611 1.098
201912 0.965 107.769 1.131
202003 0.906 107.927 1.060
202006 0.948 108.401 1.104
202009 0.972 108.164 1.135
202012 1.019 108.559 1.185
202103 1.046 110.298 1.197
202106 1.079 111.720 1.219
202109 1.071 112.905 1.198
202112 1.030 113.774 1.143
202203 1.107 117.646 1.188
202206 1.115 120.806 1.165
202209 1.082 120.648 1.132
202212 1.097 120.964 1.145
202303 1.114 122.702 1.146
202306 1.170 124.203 1.189
202309 1.169 125.230 1.179
202312 1.195 125.072 1.206
202403 1.200 126.258 1.200

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


Canadian Apartment Properties Real Estate Investment Trust  (OTCPK:CDPYF) 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.

Canadian Apartment 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
=32.37/4.35
=7.44

* 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 Canadian Apartment Properties Real Estate Investment Trust was 12.17. The lowest was 3.85. And the median was 7.85.


Be Aware

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


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

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Canadian Apartment Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust Headlines

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