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Equity Lifestyle Properties (FRA:MHV) Cyclically Adjusted Revenue per Share : €6.04 (As of Mar. 2024)


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What is Equity Lifestyle Properties 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.

Equity Lifestyle Properties's adjusted revenue per share for the three months ended in Mar. 2024 was €1.726. 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 €6.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Equity Lifestyle Properties's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Equity Lifestyle Properties was 14.40% per year. The lowest was 1.60% per year. And the median was 5.80% per year.

As of today (2024-06-02), Equity Lifestyle Properties's current stock price is €57.50. Equity Lifestyle Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.04. Equity Lifestyle Properties's Cyclically Adjusted PS Ratio of today is 9.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Equity Lifestyle Properties was 16.98. The lowest was 4.20. And the median was 10.30.


Equity Lifestyle Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Equity Lifestyle Properties'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.

Equity Lifestyle Properties Cyclically Adjusted Revenue per Share Chart

Equity Lifestyle Properties 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 4.06 3.83 4.75 5.64 5.83

Equity Lifestyle Properties 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 5.62 5.71 6.06 5.83 6.04

Competitive Comparison of Equity Lifestyle Properties's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, Equity Lifestyle Properties'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.


Equity Lifestyle Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Equity Lifestyle Properties's Cyclically Adjusted PS Ratio falls into.



Equity Lifestyle Properties 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, Equity Lifestyle Properties'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)
=1.726/131.7762*131.7762
=1.726

Current CPI (Mar. 2024) = 131.7762.

Equity Lifestyle Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.743 100.560 0.974
201409 0.835 100.428 1.096
201412 0.829 99.070 1.103
201503 1.034 99.621 1.368
201506 0.958 100.684 1.254
201509 1.001 100.392 1.314
201512 0.986 99.792 1.302
201603 1.057 100.470 1.386
201606 0.994 101.688 1.288
201609 1.064 101.861 1.376
201612 1.077 101.863 1.393
201703 1.155 102.862 1.480
201706 1.044 103.349 1.331
201709 1.068 104.136 1.351
201712 1.013 104.011 1.283
201803 1.042 105.290 1.304
201806 1.064 106.317 1.319
201809 1.122 106.507 1.388
201812 1.104 105.998 1.372
201903 1.186 107.251 1.457
201906 1.133 108.070 1.382
201909 1.238 108.329 1.506
201912 1.198 108.420 1.456
202003 1.307 108.902 1.582
202006 1.159 108.767 1.404
202009 1.242 109.815 1.490
202012 1.266 109.897 1.518
202103 1.312 111.754 1.547
202106 1.409 114.631 1.620
202109 1.518 115.734 1.728
202112 1.291 117.630 1.446
202203 1.658 121.301 1.801
202206 1.749 125.017 1.844
202209 1.948 125.227 2.050
202212 1.357 125.222 1.428
202303 1.664 127.348 1.722
202306 1.725 128.729 1.766
202309 1.842 129.860 1.869
202312 1.356 129.419 1.381
202403 1.726 131.776 1.726

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


Equity Lifestyle Properties  (FRA:MHV) 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.

Equity Lifestyle Properties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.50/6.04
=9.52

* 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 Equity Lifestyle Properties was 16.98. The lowest was 4.20. And the median was 10.30.


Be Aware

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


Equity Lifestyle Properties Cyclically Adjusted Revenue per Share Related Terms

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


Equity Lifestyle Properties (FRA:MHV) Business Description

Industry
Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.

Equity Lifestyle Properties (FRA:MHV) Headlines

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