GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Pan Asia Commercial Trust (SGX:N2IU) » Definitions » Cyclically Adjusted Revenue per Share

Mapletree Pan Asia Commercial Trust (SGX:N2IU) Cyclically Adjusted Revenue per Share : S$0.17 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's adjusted revenue per share for the three months ended in Dec. 2023 was S$0.043. 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 S$0.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mapletree Pan Asia Commercial Trust's average Cyclically Adjusted Revenue Growth Rate was 6.30% 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.

As of today (2024-05-17), Mapletree Pan Asia Commercial Trust's current stock price is S$1.25. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was S$0.17. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio of today is 7.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mapletree Pan Asia Commercial Trust was 13.33. The lowest was 7.12. And the median was 10.38.


Mapletree Pan Asia Commercial Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust Cyclically Adjusted Revenue per Share Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.16 0.17

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 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 0.16 0.17 0.17 0.17 0.17

Competitive Comparison of Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio falls into.



Mapletree Pan Asia Commercial 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, Mapletree Pan Asia Commercial 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)
=0.043/129.4194*129.4194
=0.043

Current CPI (Dec. 2023) = 129.4194.

Mapletree Pan Asia Commercial Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.031 98.518 0.041
201309 0.031 98.790 0.041
201312 0.032 98.326 0.042
201403 0.028 99.695 0.036
201406 0.032 100.560 0.041
201409 0.033 100.428 0.043
201412 0.034 99.070 0.044
201503 0.027 99.621 0.035
201506 0.032 100.684 0.041
201509 0.033 100.392 0.043
201512 0.034 99.792 0.044
201603 0.028 100.470 0.036
201606 0.034 101.688 0.043
201609 0.035 101.861 0.044
201612 0.038 101.863 0.048
201703 0.033 102.862 0.042
201706 0.037 103.349 0.046
201709 0.037 104.136 0.046
201712 0.038 104.011 0.047
201803 0.031 105.290 0.038
201806 0.037 106.317 0.045
201809 0.038 106.507 0.046
201812 0.039 105.998 0.048
201903 0.032 107.251 0.039
201906 0.039 108.070 0.047
201909 0.039 108.329 0.047
201912 0.042 108.420 0.050
202003 0.034 108.902 0.040
202009 0.000 109.815 0.000
202103 0.000 111.754 0.000
202109 0.000 115.734 0.000
202112 0.038 117.630 0.042
202203 0.037 121.301 0.039
202206 0.039 125.017 0.040
202209 0.044 125.227 0.045
202212 0.043 125.222 0.044
202303 0.047 127.348 0.048
202306 0.042 128.729 0.042
202309 0.043 129.860 0.043
202312 0.043 129.419 0.043

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


Mapletree Pan Asia Commercial Trust  (SGX:N2IU) 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.

Mapletree Pan Asia Commercial Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.25/0.17
=7.35

* 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 Mapletree Pan Asia Commercial Trust was 13.33. The lowest was 7.12. And the median was 10.38.


Be Aware

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


Mapletree Pan Asia Commercial Trust Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mapletree Pan Asia Commercial Trust (SGX:N2IU) Business Description

Industry
Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

Mapletree Pan Asia Commercial Trust (SGX:N2IU) Headlines

No Headlines