GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chesapeake Utilities Corp (NYSE:CPK) » Definitions » Cyclically Adjusted PS Ratio

Chesapeake Utilities (Chesapeake Utilities) Cyclically Adjusted PS Ratio : 2.84 (As of Jun. 06, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Chesapeake Utilities Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Chesapeake Utilities's current share price is $110.18. Chesapeake Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $38.74. Chesapeake Utilities's Cyclically Adjusted PS Ratio for today is 2.84.

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

CPK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.54   Max: 4.16
Current: 2.84

During the past years, Chesapeake Utilities's highest Cyclically Adjusted PS Ratio was 4.16. The lowest was 1.17. And the median was 2.54.

CPK's Cyclically Adjusted PS Ratio is ranked worse than
79.19% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs CPK: 2.84

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.

Chesapeake Utilities's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.017. 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 $38.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Utilities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities Cyclically Adjusted PS Ratio Chart

Chesapeake Utilities 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 2.89 3.28 4.16 3.13 2.73

Chesapeake Utilities 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 3.34 3.08 2.51 2.73 2.77

Competitive Comparison of Chesapeake Utilities's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities'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.


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

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

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



Chesapeake Utilities 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.

Chesapeake Utilities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.18/38.74
=2.84

* 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.

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

For example, Chesapeake Utilities'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)
=11.017/131.7762*131.7762
=11.017

Current CPI (Mar. 2024) = 131.7762.

Chesapeake Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.880 100.560 9.016
201409 6.268 100.428 8.225
201412 8.214 99.070 10.926
201503 11.605 99.621 15.351
201506 6.065 100.684 7.938
201509 6.005 100.392 7.882
201512 6.824 99.792 9.011
201603 9.542 100.470 12.515
201606 6.666 101.688 8.638
201609 7.030 101.861 9.095
201612 8.675 101.863 11.223
201703 11.315 102.862 14.496
201706 7.635 103.349 9.735
201709 7.745 104.136 9.801
201712 0.760 104.011 0.963
201803 14.592 105.290 18.263
201806 8.325 106.317 10.319
201809 5.685 106.507 7.034
201812 8.168 105.998 10.154
201903 9.765 107.251 11.998
201906 5.749 108.070 7.010
201909 5.629 108.329 6.847
201912 8.017 108.420 9.744
202003 9.270 108.902 11.217
202006 5.880 108.767 7.124
202009 6.112 109.815 7.334
202012 7.825 109.897 9.383
202103 10.892 111.754 12.843
202106 6.306 114.631 7.249
202109 6.078 115.734 6.920
202112 9.059 117.630 10.148
202203 12.549 121.301 13.633
202206 7.831 125.017 8.254
202209 7.355 125.227 7.740
202212 10.507 125.222 11.057
202303 12.232 127.348 12.657
202306 7.595 128.729 7.775
202309 7.366 129.860 7.475
202312 9.176 129.419 9.343
202403 11.017 131.776 11.017

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.


Chesapeake Utilities  (NYSE:CPK) 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.


Chesapeake Utilities Cyclically Adjusted PS Ratio Related Terms

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


Chesapeake Utilities (Chesapeake Utilities) Business Description

Traded in Other Exchanges
Address
500 Energy Lane, Dover, DE, USA, 19901
Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.
Executives
Jeffery S Sylvester officer: Senior VP & COO 500 ENERGY LANE, DOVER DE 19901
Thomas J Bresnan director 1350 S. MILWAUKEE STREET, DENVER CO 80210
Maddock Paul L Jr director 909 SILVER LAKE BLVD, DOVER DE 19904
Hill Thomas P Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Lila A Jaber director 909 SILVER LAKE BLVD, DOVER DE 19904
John R Schimkaitis director, other: Chair of the Board 909 SILVER LAKE BLVD., DOVER DE 19904
Kevin J Webber officer: Senior VP & Chief Dev. Officer 909 SILVER LAKE BLVD, DOVER DE 19904
Stephanie N Gary director 500 ENERGY LANE, DOVER DE 19901
Lisa Bisaccia director ONE CVS DRIVE, WOONSOCKET RI 02895
Michael D Galtman officer: Senior VP & CAO 500 ENERGY LANE, DOVER DE 19901
Sheree M. Petrone director 601 TRAVIS STREET, SUITE 1400, HOUSTON TX 77002
Jeffry M Householder director, other: President & CEO 909 SILVER LAKE BLVD, DOVER DE 19904
Forsythe Ronald G Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Dianna Morgan director 909 SILVER LAKE BLVD, DOVER DE 19904
Beth W Cooper officer: Executive VP & CFO CHESAPEAKE UTILITIES CORPORATION, 909 SILVER LAKE BOULEVARD, DOVER DE 19904