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Summit Hotel Properties (FRA:SDP) Cyclically Adjusted Revenue per Share : €5.56 (As of Mar. 2024)


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What is Summit Hotel 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.

Summit Hotel Properties's adjusted revenue per share for the three months ended in Mar. 2024 was €1.637. 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 €5.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Summit Hotel Properties's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 Summit Hotel Properties was 6.00% per year. The lowest was 3.90% per year. And the median was 5.10% per year.

As of today (2024-06-10), Summit Hotel Properties's current stock price is €5.50. Summit Hotel Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.56. Summit Hotel Properties's Cyclically Adjusted PS Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Summit Hotel Properties was 2.88. The lowest was 0.67. And the median was 1.66.


Summit Hotel Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Summit Hotel 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.

Summit Hotel Properties Cyclically Adjusted Revenue per Share Chart

Summit Hotel 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 4.38 4.03 4.56 5.21 5.39

Summit Hotel 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 5.22 5.29 5.50 5.39 5.56

Competitive Comparison of Summit Hotel Properties's Cyclically Adjusted Revenue per Share

For the REIT - Hotel & Motel subindustry, Summit Hotel 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.


Summit Hotel Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Summit Hotel 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, Summit Hotel 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)
=1.637/131.7762*131.7762
=1.637

Current CPI (Mar. 2024) = 131.7762.

Summit Hotel Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.907 100.560 1.189
201409 0.994 100.428 1.304
201412 0.942 99.070 1.253
201503 1.145 99.621 1.515
201506 1.236 100.684 1.618
201509 1.280 100.392 1.680
201512 1.153 99.792 1.523
201603 1.216 100.470 1.595
201606 1.296 101.688 1.679
201609 1.206 101.861 1.560
201612 1.186 101.863 1.534
201703 1.183 102.862 1.516
201706 1.164 103.349 1.484
201709 1.106 104.136 1.400
201712 1.073 104.011 1.359
201803 1.094 105.290 1.369
201806 1.254 106.317 1.554
201809 1.175 106.507 1.454
201812 1.122 105.998 1.395
201903 1.184 107.251 1.455
201906 1.217 108.070 1.484
201909 1.168 108.329 1.421
201912 1.158 108.420 1.407
202003 0.943 108.902 1.141
202006 0.217 108.767 0.263
202009 0.427 109.815 0.512
202012 0.380 109.897 0.456
202103 0.466 111.754 0.549
202106 0.687 114.631 0.790
202109 0.900 115.734 1.025
202112 0.904 117.630 1.013
202203 1.228 121.301 1.334
202206 1.429 125.017 1.506
202209 1.711 125.227 1.800
202212 1.546 125.222 1.627
202303 1.618 127.348 1.674
202306 1.701 128.729 1.741
202309 1.613 129.860 1.637
202312 1.540 129.419 1.568
202403 1.637 131.776 1.637

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


Summit Hotel Properties  (FRA:SDP) 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.

Summit Hotel Properties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.50/5.56
=0.99

* 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 Summit Hotel Properties was 2.88. The lowest was 0.67. And the median was 1.66.


Be Aware

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


Summit Hotel Properties Cyclically Adjusted Revenue per Share Related Terms

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


Summit Hotel Properties (FRA:SDP) Business Description

Industry
Traded in Other Exchanges
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.

Summit Hotel Properties (FRA:SDP) Headlines