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Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Cyclically Adjusted Revenue per Share : $1.86 (As of Mar. 2024)


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What is Cherry Hill 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.

Cherry Hill Mortgage Investment's adjusted revenue per share for the three months ended in Mar. 2024 was $0.545. 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 $1.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cherry Hill Mortgage Investment's average Cyclically Adjusted Revenue Growth Rate was -18.80% 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 (2024-06-06), Cherry Hill Mortgage Investment's current stock price is $3.745. Cherry Hill Mortgage Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.86. Cherry Hill Mortgage Investment's Cyclically Adjusted PS Ratio of today is 2.01.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Cherry Hill Mortgage Investment was 2.96. The lowest was 1.21. And the median was 1.98.


Cherry Hill Mortgage Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cherry Hill 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.

Cherry Hill Mortgage Investment Cyclically Adjusted Revenue per Share Chart

Cherry Hill 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 - - - 2.39 1.81

Cherry Hill Mortgage Investment 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 2.29 2.28 2.32 1.81 1.86

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

For the REIT - Mortgage subindustry, Cherry Hill 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.


Cherry Hill Mortgage Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cherry Hill Mortgage Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cherry Hill 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, Cherry Hill Mortgage Investment'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)
=0.545/131.7762*131.7762
=0.545

Current CPI (Mar. 2024) = 131.7762.

Cherry Hill Mortgage Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.089 100.560 0.117
201409 0.543 100.428 0.712
201412 0.161 99.070 0.214
201503 -0.133 99.621 -0.176
201506 1.673 100.684 2.190
201509 -0.532 100.392 -0.698
201512 1.505 99.792 1.987
201603 -0.832 100.470 -1.091
201606 0.240 101.688 0.311
201609 0.943 101.861 1.220
201612 3.891 101.863 5.034
201703 3.376 102.862 4.325
201706 -0.063 103.349 -0.080
201709 0.646 104.136 0.817
201712 1.854 104.011 2.349
201803 3.150 105.290 3.942
201806 1.272 106.317 1.577
201809 1.952 106.507 2.415
201812 -2.419 105.998 -3.007
201903 -1.401 107.251 -1.721
201906 -1.695 108.070 -2.067
201909 -0.317 108.329 -0.386
201912 0.587 108.420 0.713
202003 -3.385 108.902 -4.096
202006 -0.744 108.767 -0.901
202009 0.037 109.815 0.044
202012 0.687 109.897 0.824
202103 1.654 111.754 1.950
202106 -0.562 114.631 -0.646
202109 -0.006 115.734 -0.007
202112 0.533 117.630 0.597
202203 1.978 121.301 2.149
202206 -0.574 125.017 -0.605
202209 2.288 125.227 2.408
202212 -1.435 125.222 -1.510
202303 -0.678 127.348 -0.702
202306 0.227 128.729 0.232
202309 0.761 129.860 0.772
202312 -1.125 129.419 -1.145
202403 0.545 131.776 0.545

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


Cherry Hill Mortgage Investment  (NYSE:CHMI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.745/1.86
=2.01

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Cherry Hill Mortgage Investment was 2.96. The lowest was 1.21. And the median was 1.98.


Be Aware

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


Cherry Hill Mortgage Investment Cyclically Adjusted Revenue per Share Related Terms

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


Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Business Description

Industry
Traded in Other Exchanges
Address
1451 Route 34, Suite 303, Farmingdale, NJ, USA, 07727
Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
Executives
Jay Lown director, officer: President and CEO 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Sharon L Cook director CHERRY HILL MORTGAGE INVESTMENT CORP, 1451 ROUTE 34, SUITE 303, FARMINGDALE NJ 07727
Regina Lowrie director 155 INVERNESS DRIVE, BLUE BELL PA 19422
Julian Evans officer: Chief Investment Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Michael Andrew Hutchby officer: Chief Financial Officer CHERRY HILL MORTGAGE MANAGEMENT, 1451 HIGHWAY 34, SUITE 303, FARMINGDALE NJ 07727
Martin Levine officer: Chief Financial Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Mercer Robert C Jr director 1256 OVERTON CIRCLE, GALLATIN TN 37066
Joseph J Murin director 6528 KAISER DRIVE, FREMONT CA 94555
Jonathan Kislak director 800 BRICKELL AVENUE, SUITE 400, MIAMI FL 33131
Stanley C. Middleman director, 10 percent owner 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Citadel Gp Llc 10 percent owner 131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Calc Iii Lp 10 percent owner 131 S. DEARBORN STREET, 32ND FLOOR, CHICAGO IL 60603
Kenneth C Griffin 10 percent owner CITADEL INVESTMENT GROUP LLC, 131 S DEARBORN STREET 32ND FL, CHICAGO IL 60603
Citadel Securities Llc 10 percent owner 131 SOUTH DEARBORN STREET, CHICAGO IL 60603

Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Headlines

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