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Eversource Energy (BSP:E1SE34) Cyclically Adjusted PS Ratio : 1.95 (As of Jun. 09, 2024)


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What is Eversource Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Eversource Energy's current share price is R$157.92. Eversource Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$80.99. Eversource Energy's Cyclically Adjusted PS Ratio for today is 1.95.

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

BSP:E1SE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.11   Max: 3.56
Current: 1.78

During the past years, Eversource Energy's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 0.94. And the median was 2.11.

BSP:E1SE34's Cyclically Adjusted PS Ratio is ranked worse than
65.18% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs BSP:E1SE34: 1.78

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.

Eversource Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was R$23.641. 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 R$80.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eversource Energy'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.

Eversource Energy Cyclically Adjusted PS Ratio Chart

Eversource Energy 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 3.14 3.23 3.20 2.71 1.91

Eversource Energy 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 2.47 2.21 1.79 1.91 1.81

Competitive Comparison of Eversource Energy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Eversource Energy'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.


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

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

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



Eversource Energy 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.

Eversource Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=157.92/80.99
=1.95

* 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.

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

For example, Eversource Energy'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)
=23.641/131.7762*131.7762
=23.641

Current CPI (Mar. 2024) = 131.7762.

Eversource Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.914 100.560 7.750
201409 6.966 100.428 9.140
201412 7.812 99.070 10.391
201503 12.395 99.621 16.396
201506 8.875 100.684 11.616
201509 11.849 100.392 15.553
201512 10.302 99.792 13.604
201603 11.934 100.470 15.653
201606 9.498 101.688 12.308
201609 10.414 101.861 13.472
201612 9.361 101.863 12.110
201703 10.348 102.862 13.257
201706 9.135 103.349 11.648
201709 9.796 104.136 12.396
201712 9.817 104.011 12.438
201803 11.796 105.290 14.763
201806 10.996 106.317 13.629
201809 14.675 106.507 18.157
201812 12.421 105.998 15.442
201903 14.574 107.251 17.907
201906 11.339 108.070 13.826
201909 13.747 108.329 16.722
201912 12.866 108.420 15.638
202003 17.418 108.902 21.077
202006 14.965 108.767 18.131
202009 18.407 109.815 22.088
202012 16.699 109.897 20.024
202103 23.123 111.754 27.266
202106 15.493 114.631 17.810
202109 18.630 115.734 21.212
202112 20.336 117.630 22.782
202203 24.988 121.301 27.146
202206 18.749 125.017 19.763
202209 24.243 125.227 25.511
202212 22.751 125.222 23.942
202303 28.274 127.348 29.257
202306 18.245 128.729 18.677
202309 19.703 129.860 19.994
202312 18.850 129.419 19.193
202403 23.641 131.776 23.641

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.


Eversource Energy  (BSP:E1SE34) 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.


Eversource Energy Cyclically Adjusted PS Ratio Related Terms

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


Eversource Energy (BSP:E1SE34) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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