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Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Cyclically Adjusted Revenue per Share : C$11.27 (As of Mar. 2024)


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What is Boardwalk Real Estate Investment 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.

Boardwalk Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2024 was C$2.941. 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 C$11.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Boardwalk Real Estate Investment Trust's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% 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 Boardwalk Real Estate Investment Trust was 10.20% per year. The lowest was 1.60% per year. And the median was 5.15% per year.

As of today (2024-05-22), Boardwalk Real Estate Investment Trust's current stock price is C$72.60. Boardwalk Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$11.27. Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 6.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Boardwalk Real Estate Investment Trust was 8.61. The lowest was 2.05. And the median was 5.24.


Boardwalk Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Boardwalk Real Estate Investment 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.

Boardwalk Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

Boardwalk Real Estate Investment 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 9.57 9.64 10.16 10.71 11.16

Boardwalk Real Estate Investment 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 10.88 11.03 11.15 11.16 11.27

Competitive Comparison of Boardwalk Real Estate Investment Trust's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, Boardwalk Real Estate Investment 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.


Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio falls into.



Boardwalk Real Estate Investment 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, Boardwalk Real Estate Investment 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)
=2.941/126.2576*126.2576
=2.941

Current CPI (Mar. 2024) = 126.2576.

Boardwalk Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.462 99.473 3.125
201409 2.491 99.394 3.164
201412 2.522 98.367 3.237
201503 2.308 99.789 2.920
201506 2.321 100.500 2.916
201509 2.519 100.421 3.167
201512 2.240 99.947 2.830
201603 2.431 101.054 3.037
201606 2.388 102.002 2.956
201609 2.148 101.765 2.665
201612 2.294 101.449 2.855
201703 2.079 102.634 2.558
201706 2.080 103.029 2.549
201709 2.078 103.345 2.539
201712 2.093 103.345 2.557
201803 2.107 105.004 2.533
201806 2.338 105.557 2.797
201809 2.346 105.636 2.804
201812 1.720 105.399 2.060
201903 2.412 106.979 2.847
201906 2.228 107.690 2.612
201909 2.467 107.611 2.894
201912 2.483 107.769 2.909
202003 2.277 107.927 2.664
202006 2.510 108.401 2.923
202009 2.277 108.164 2.658
202012 2.284 108.559 2.656
202103 2.487 110.298 2.847
202106 2.526 111.720 2.855
202109 2.543 112.905 2.844
202112 2.556 113.774 2.836
202203 2.570 117.646 2.758
202206 2.425 120.806 2.534
202209 2.741 120.648 2.868
202212 2.595 120.964 2.709
202303 2.864 122.702 2.947
202306 2.934 124.203 2.983
202309 3.015 125.230 3.040
202312 3.103 125.072 3.132
202403 2.941 126.258 2.941

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


Boardwalk Real Estate Investment Trust  (TSX:BEI.UN) 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.

Boardwalk Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=72.60/11.27
=6.44

* 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 Boardwalk Real Estate Investment Trust was 8.61. The lowest was 2.05. And the median was 5.24.


Be Aware

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


Boardwalk Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms

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Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Business Description

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

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