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UMH Properties (UMH Properties) Cyclically Adjusted Revenue per Share : $4.27 (As of Mar. 2024)


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What is UMH 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.

UMH Properties's adjusted revenue per share for the three months ended in Mar. 2024 was $0.834. 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 $4.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UMH Properties's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% 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 UMH Properties was 6.20% per year. The lowest was -3.60% per year. And the median was 2.05% per year.

As of today (2024-05-28), UMH Properties's current stock price is $15.02. UMH Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.27. UMH Properties's Cyclically Adjusted PS Ratio of today is 3.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UMH Properties was 6.99. The lowest was 2.42. And the median was 3.86.


UMH Properties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for UMH 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.

UMH Properties Cyclically Adjusted Revenue per Share Chart

UMH 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 3.46 3.58 3.91 4.15 4.21

UMH 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 4.21 4.23 4.24 4.21 4.27

Competitive Comparison of UMH Properties's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, UMH 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.


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

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

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



UMH 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, UMH 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)
=0.834/131.7762*131.7762
=0.834

Current CPI (Mar. 2024) = 131.7762.

UMH Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.821 100.560 1.076
201409 0.811 100.428 1.064
201412 0.792 99.070 1.053
201503 0.738 99.621 0.976
201506 0.761 100.684 0.996
201509 0.822 100.392 1.079
201512 0.814 99.792 1.075
201603 0.867 100.470 1.137
201606 0.923 101.688 1.196
201609 0.909 101.861 1.176
201612 0.871 101.863 1.127
201703 0.883 102.862 1.131
201706 0.907 103.349 1.156
201709 0.841 104.136 1.064
201712 0.821 104.011 1.040
201803 0.830 105.290 1.039
201806 0.868 106.317 1.076
201809 0.900 106.507 1.114
201812 0.905 105.998 1.125
201903 0.882 107.251 1.084
201906 0.939 108.070 1.145
201909 0.916 108.329 1.114
201912 0.913 108.420 1.110
202003 0.913 108.902 1.105
202006 0.965 108.767 1.169
202009 1.041 109.815 1.249
202012 1.026 109.897 1.230
202103 0.997 111.754 1.176
202106 1.050 114.631 1.207
202109 1.005 115.734 1.144
202112 0.902 117.630 1.010
202203 0.877 121.301 0.953
202206 0.908 125.017 0.957
202209 0.946 125.227 0.995
202212 0.866 125.222 0.911
202303 0.890 127.348 0.921
202306 0.903 128.729 0.924
202309 0.861 129.860 0.874
202312 0.854 129.419 0.870
202403 0.834 131.776 0.834

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


UMH Properties  (NYSE:UMH) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.02/4.27
=3.52

* 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 UMH Properties was 6.99. The lowest was 2.42. And the median was 3.86.


Be Aware

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


UMH Properties Cyclically Adjusted Revenue per Share Related Terms

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


UMH Properties (UMH Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UMH Properties Inc (NYSE:UMH) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.
Executives
Quigley Kenneth K Jr director
Jeffrey A Carus director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Kiernan Conway director 3499 RT. 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Samuel A Landy director, officer: President 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Daniel O. Landy other: EVP and President of OZ Fund 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Matthew I Hirsch director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Brett Taft officer: EVP and COO 3499 ROUTE 9 , SUITE 3C, FREEHOLD NJ 07728
Craig Koster officer: EVP and General Counsel 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Amy Lynn Butewicz director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Stuart Levy director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Angela D. Pruitt director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
William Edward Mitchell director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Steven B Wolgin director
Michael P Landy officer: Vice President - Investments 3499 ROUTE 9 N STE 3-C, FREEHOLD NJ 07728
Eugene W Landy director, 10 percent owner, officer: Chairman of the Board 3499 ROUTE 9 NORTH SUITE 3C, FREEHOLD NJ 07728