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Ameren (Ameren) Cyclically Adjusted PS Ratio : 2.33 (As of May. 23, 2024)


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What is Ameren Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Ameren's current share price is $71.79. Ameren's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.77. Ameren's Cyclically Adjusted PS Ratio for today is 2.33.

The historical rank and industry rank for Ameren's Cyclically Adjusted PS Ratio or its related term are showing as below:

AEE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.27   Max: 3.38
Current: 2.38

During the past years, Ameren's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.95. And the median was 2.27.

AEE's Cyclically Adjusted PS Ratio is ranked worse than
72.93% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs AEE: 2.38

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.

Ameren's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.807. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $30.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameren Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ameren's Cyclically Adjusted PS Ratio 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.

Ameren Cyclically Adjusted PS Ratio Chart

Ameren Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 2.93 3.19 2.99 2.38

Ameren Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 2.86 2.68 2.44 2.38 2.40

Competitive Comparison of Ameren's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Ameren'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.


Ameren's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ameren's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ameren Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ameren's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.79/30.77
=2.33

* 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.

Ameren's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ameren'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)
=6.807/131.7762*131.7762
=6.807

Current CPI (Mar. 2024) = 131.7762.

Ameren Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.849 100.560 7.665
201409 6.836 100.428 8.970
201412 5.599 99.070 7.447
201503 6.414 99.621 8.484
201506 5.775 100.684 7.558
201509 7.515 100.392 9.864
201512 5.383 99.792 7.108
201603 5.911 100.470 7.753
201606 5.882 101.688 7.622
201609 7.653 101.861 9.901
201612 5.544 101.863 7.172
201703 6.245 102.862 8.000
201706 6.312 103.349 8.048
201709 7.041 104.136 8.910
201712 5.715 104.011 7.241
201803 6.485 105.290 8.116
201806 6.359 106.317 7.882
201809 7.000 106.507 8.661
201812 5.752 105.998 7.151
201903 6.315 107.251 7.759
201906 5.578 108.070 6.802
201909 6.703 108.329 8.154
201912 5.319 108.420 6.465
202003 5.804 108.902 7.023
202006 5.639 108.767 6.832
202009 6.533 109.815 7.840
202012 5.321 109.897 6.380
202103 6.120 111.754 7.216
202106 5.723 114.631 6.579
202109 7.003 115.734 7.974
202112 5.970 117.630 6.688
202203 7.255 121.301 7.882
202206 6.654 125.017 7.014
202209 8.886 125.227 9.351
202212 7.866 125.222 8.278
202303 7.837 127.348 8.110
202306 6.687 128.729 6.845
202309 7.821 129.860 7.936
202312 6.129 129.419 6.241
202403 6.807 131.776 6.807

Add all the adjusted revenue per share together and divide 10 will get our 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.


Ameren  (NYSE:AEE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ameren Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Ameren's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameren (Ameren) Business Description

Traded in Other Exchanges
Address
1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves more than 2.4 million electricity customers and more than 900,000 natural gas customers.
Executives
Rafael Flores director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Michael L Moehn other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Fadi M Diya officer: SVP & CNO of Subsidiary 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Chonda J Nwamu other: SVP & Deputy General Counsel 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Mark C Lindgren officer: VP & Chief HR Officer of Sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST. LOUIS MO 63166-6149
Warner L Baxter officer: EVP and CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gwendolyn G Mizell other: Chief Sustain & Diversity 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Leonard P Singh other: Chrmn and Pres-Elect of sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST LOUIS MO 63166-6149
Mark C Birk other: Vice President of Subsidiary 1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Martin J Lyons officer: Executive VP & CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Richard J Mark other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Shawn E Schukar other: Chmn & President of Subsidiary 1901 CHOUTEAU AVENUE, MC-1310, ST. LOUIS MO 63103
Theresa A Shaw officer: SVP, Finance and CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Bruce A Steinke officer: SVP, Finance & CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Mackay Leo S. Jr. director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666