GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Blackstone Mortgage Trust Inc (STU:079A) » Definitions » Cyclically Adjusted Revenue per Share

Blackstone Mortgage Trust (STU:079A) Cyclically Adjusted Revenue per Share : €3.69 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Blackstone Mortgage 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.

Blackstone Mortgage Trust's adjusted revenue per share for the three months ended in Mar. 2024 was €0.753. 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 €3.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Blackstone Mortgage Trust's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 43.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -21.10% 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 Blackstone Mortgage Trust was 145.30% per year. The lowest was -73.20% per year. And the median was -2.00% per year.

As of today (2024-05-30), Blackstone Mortgage Trust's current stock price is €15.20. Blackstone Mortgage Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.69. Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio of today is 4.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Blackstone Mortgage Trust was 161.08. The lowest was 0.81. And the median was 4.58.


Blackstone Mortgage Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Blackstone Mortgage 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.

Blackstone Mortgage Trust Cyclically Adjusted Revenue per Share Chart

Blackstone Mortgage 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 0.22 1.92 5.11 3.46 3.64

Blackstone Mortgage 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 3.50 3.50 3.71 3.64 3.69

Competitive Comparison of Blackstone Mortgage Trust's Cyclically Adjusted Revenue per Share

For the REIT - Mortgage subindustry, Blackstone Mortgage 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.


Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio falls into.



Blackstone Mortgage 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, Blackstone Mortgage 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)
=0.753/131.7762*131.7762
=0.753

Current CPI (Mar. 2024) = 131.7762.

Blackstone Mortgage Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.520 100.560 0.681
201409 0.509 100.428 0.668
201412 0.591 99.070 0.786
201503 0.895 99.621 1.184
201506 0.601 100.684 0.787
201509 0.830 100.392 1.089
201512 0.803 99.792 1.060
201603 0.742 100.470 0.973
201606 0.870 101.688 1.127
201609 0.811 101.861 1.049
201612 0.721 101.863 0.933
201703 0.707 102.862 0.906
201706 0.679 103.349 0.866
201709 0.694 104.136 0.878
201712 0.685 104.011 0.868
201803 0.639 105.290 0.800
201806 0.814 106.317 1.009
201809 0.775 106.507 0.959
201812 0.738 105.998 0.917
201903 0.755 107.251 0.928
201906 0.745 108.070 0.908
201909 0.688 108.329 0.837
201912 0.732 108.420 0.890
202003 0.672 108.902 0.813
202006 0.688 108.767 0.834
202009 0.666 109.815 0.799
202012 0.613 109.897 0.735
202103 0.622 111.754 0.733
202106 0.642 114.631 0.738
202109 0.669 115.734 0.762
202112 0.949 117.630 1.063
202203 0.691 121.301 0.751
202206 0.752 125.017 0.793
202209 0.851 125.227 0.896
202212 1.051 125.222 1.106
202303 0.899 127.348 0.930
202306 0.905 128.729 0.926
202309 0.898 129.860 0.911
202312 0.816 129.419 0.831
202403 0.753 131.776 0.753

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


Blackstone Mortgage Trust  (STU:079A) 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.

Blackstone Mortgage Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.20/3.69
=4.12

* 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 Blackstone Mortgage Trust was 161.08. The lowest was 0.81. And the median was 4.58.


Be Aware

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


Blackstone Mortgage Trust Cyclically Adjusted Revenue per Share Related Terms

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


Blackstone Mortgage Trust (STU:079A) Business Description

Industry
Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.

Blackstone Mortgage Trust (STU:079A) Headlines

No Headlines