REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Cyclically Adjusted PS Ratio : 1.71 (As of Jun. 04, 2024)

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What is REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PS Ratio?

As of today (2024-06-04), REN-Redes Energeticas Nacionais Sgps's current share price is €2.315. REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €1.35. REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio for today is 1.71.

The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio or its related term are showing as below:

XLIS:RENE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47 Med: 1.81 Max: 2.29
Current: 1.7

During the past years, REN-Redes Energeticas Nacionais Sgps's highest Cyclically Adjusted PS Ratio was 2.29. The lowest was 1.47. And the median was 1.81.

XLIS:RENE's Cyclically Adjusted PS Ratio is ranked worse than
63.53% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs XLIS:RENE: 1.70

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.

REN-Redes Energeticas Nacionais Sgps's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.459. 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 €1.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PS Ratio Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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.

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REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PS Ratio Chart

REN-Redes Energeticas Nacionais Sgps Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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1.99

1.86

2.02

1.88

1.73

REN-Redes Energeticas Nacionais Sgps Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															1.88	1.99	1.84	1.78	1.73

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio falls into.

REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.315	/	1.35
	=	1.71

REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, REN-Redes Energeticas Nacionais Sgps's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Dec. 2023 (Change)	*	Current CPI (Dec. 2023)
	=	0.459	/	118.0324	*	118.0324
	=	0.459

Current CPI (Dec. 2023) = 118.0324.

REN-Redes Energeticas Nacionais Sgps Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201403	0.258	99.788	0.305
201406	0.295	99.967	0.348
201409	0.317	99.617	0.376
201412	0.427	99.723	0.505
201503	0.243	100.097	0.287
201506	0.349	100.769	0.409
201509	0.310	100.489	0.364
201512	0.408	100.119	0.481
201603	0.255	100.547	0.299
201606	0.265	101.319	0.309
201609	0.319	101.122	0.372
201612	0.417	100.998	0.487
201703	0.266	101.924	0.308
201706	0.286	102.240	0.330
201709	0.340	102.527	0.391
201712	0.230	102.479	0.265
201803	0.233	102.626	0.268
201806	0.253	103.790	0.288
201809	0.265	103.960	0.301
201812	0.285	103.159	0.326
201903	0.228	103.495	0.260
201906	0.277	104.192	0.314
201909	0.283	103.844	0.322
201912	0.324	103.592	0.369
202003	0.240	103.544	0.274
202006	0.243	104.323	0.275
202009	0.235	103.699	0.267
202012	0.316	103.354	0.361
202103	0.246	104.014	0.279
202106	0.260	104.852	0.293
202109	0.279	105.232	0.313
202112	0.369	106.191	0.410
202203	0.245	109.559	0.264
202206	0.288	114.003	0.298
202209	0.292	114.999	0.300
202212	0.376	116.377	0.381
202303	0.298	117.701	0.299
202306	0.370	117.872	0.371
202309	0.341	119.111	0.338
202312	0.459	118.032	0.459

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.

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) 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.

REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PS Ratio Related Terms

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

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

0KBT:UK RN4:Germany

Address

Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061

Website

http://www.ren.pt

REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).