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Duke Energy (WBO:DUKE) Cyclically Adjusted PS Ratio : 2.54 (As of Jun. 07, 2024)


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What is Duke Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Duke Energy's current share price is €95.07. Duke Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €37.50. Duke Energy's Cyclically Adjusted PS Ratio for today is 2.54.

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

WBO:DUKE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.41   Max: 3.01
Current: 2.54

During the past years, Duke Energy's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 1.59. And the median was 2.41.

WBO:DUKE's Cyclically Adjusted PS Ratio is ranked worse than
75.84% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs WBO:DUKE: 2.54

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.

Duke Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.153. 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 €37.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Duke Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Duke 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.

Duke Energy Cyclically Adjusted PS Ratio Chart

Duke 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 2.55 2.58 2.82 2.62 2.42

Duke 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 2.42 2.24 2.19 2.42 2.38

Competitive Comparison of Duke Energy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Duke 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.


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

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

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



Duke 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.07/37.5
=2.54

* 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.

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

For example, Duke 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)
=9.153/131.7762*131.7762
=9.153

Current CPI (Mar. 2024) = 131.7762.

Duke Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.942 100.560 7.787
201409 7.019 100.428 9.210
201412 4.752 99.070 6.321
201503 7.915 99.621 10.470
201506 7.196 100.684 9.418
201509 8.396 100.392 11.021
201512 5.649 99.792 7.460
201603 7.008 100.470 9.192
201606 6.724 101.688 8.714
201609 8.479 101.861 10.969
201612 7.585 101.863 9.812
201703 7.652 102.862 9.803
201706 7.063 103.349 9.006
201709 7.769 104.136 9.831
201712 7.000 104.011 8.869
201803 7.098 105.290 8.884
201806 6.861 106.317 8.504
201809 7.955 106.507 9.842
201812 7.497 105.998 9.320
201903 7.502 107.251 9.218
201906 7.140 108.070 8.706
201909 8.644 108.329 10.515
201912 7.504 108.420 9.121
202003 7.315 108.902 8.852
202006 6.549 108.767 7.934
202009 7.763 109.815 9.315
202012 5.805 109.897 6.961
202103 6.718 111.754 7.922
202106 6.215 114.631 7.145
202109 7.683 115.734 8.748
202112 6.631 117.630 7.428
202203 8.268 121.301 8.982
202206 8.064 125.017 8.500
202209 10.286 125.227 10.824
202212 9.012 125.222 9.484
202303 8.826 127.348 9.133
202306 7.875 128.729 8.061
202309 9.715 129.860 9.858
202312 8.578 129.419 8.734
202403 9.153 131.776 9.153

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.


Duke Energy  (WBO:DUKE) 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.


Duke Energy Cyclically Adjusted PS Ratio Related Terms

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


Duke Energy (WBO:DUKE) Business Description

Traded in Other Exchanges
Address
550 South Tryon Street, Charlotte, NC, USA, 28202-1803
Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.

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