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Avangrid (Avangrid) Cyclically Adjusted Revenue per Share : $30.92 (As of Mar. 2024)


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What is Avangrid Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Avangrid's adjusted revenue per share for the three months ended in Mar. 2024 was $6.242. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $30.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avangrid's average Cyclically Adjusted Revenue Growth Rate was -19.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Avangrid was 10.50% per year. The lowest was -7.30% per year. And the median was 0.70% per year.

As of today (2024-05-10), Avangrid's current stock price is $36.85. Avangrid's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.92. Avangrid's Cyclically Adjusted PS Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avangrid was 1.49. The lowest was 0.76. And the median was 1.20.


Avangrid Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avangrid's Cyclically Adjusted Revenue per Share 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.

Avangrid Cyclically Adjusted Revenue per Share Chart

Avangrid Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.70 36.94 37.74 38.49 31.60

Avangrid Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 38.39 38.40 38.43 31.60 30.92

Competitive Comparison of Avangrid's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Avangrid'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.


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

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

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



Avangrid Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Avangrid'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)
=6.242/129.4194*129.4194
=6.242

Current CPI (Mar. 2024) = 129.4194.

Avangrid Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.863 100.560 7.546
201409 5.129 100.428 6.610
201412 60.040 99.070 78.433
201503 4.865 99.621 6.320
201506 3.723 100.684 4.786
201509 4.155 100.392 5.356
201512 4.406 99.792 5.714
201603 5.390 100.470 6.943
201606 4.647 101.688 5.914
201609 4.574 101.861 5.811
201612 4.818 101.863 6.121
201703 5.674 102.862 7.139
201706 4.296 103.349 5.380
201709 4.329 104.136 5.380
201712 4.953 104.011 6.163
201803 6.020 105.290 7.400
201806 4.527 106.317 5.511
201809 4.992 106.507 6.066
201812 5.372 105.998 6.559
201903 5.947 107.251 7.176
201906 4.523 108.070 5.417
201909 4.804 108.329 5.739
201912 5.192 108.420 6.198
202003 5.778 108.902 6.867
202006 4.497 108.767 5.351
202009 4.749 109.815 5.597
202012 5.391 109.897 6.349
202103 6.347 111.754 7.350
202106 4.251 114.631 4.799
202109 4.122 115.734 4.609
202112 4.980 117.630 5.479
202203 5.510 121.301 5.879
202206 4.633 125.017 4.796
202209 4.746 125.227 4.905
202212 5.572 125.222 5.759
202303 6.371 127.348 6.475
202306 4.100 128.729 4.122
202309 5.097 129.860 5.080
202312 5.892 129.419 5.892
202403 6.242 129.419 6.242

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Avangrid  (NYSE:AGR) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Avangrid's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.85/30.92
=1.19

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avangrid was 1.49. The lowest was 0.76. And the median was 1.20.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Avangrid Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Avangrid's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Avangrid (Avangrid) Business Description

Industry
Traded in Other Exchanges
Address
180 Marsh Hill Road, Orange, CT, USA, 06477
Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates more than 8.6 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.
Executives
Alan D Solomont director C/O IBERDROLA USA, INC., DURHAM HALL, 52 FARM VIEW DRIVE, NEW GLOUCESTER ME 04260
Justin Lagasse officer: Interim Controller C/O AVANGRID, INC., 162 CANCO ROAD, PORTLAND ME 04103
Martin Agustin Delgado director 162 CANCO ROAD, PORTLAND ME 04103
Banez Garcia Maria Fatima director 162 CANCO ROAD, PORTLAND ME 04103
Camille Joseph Varlack director 162 CANCO ROAD, PORTLAND ME 04103
Patricia C Cosgel officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
William Henry White officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Miranda Soto Jose Antonio officer: See Below 162 CANCO RD, PORTLAND ME 04103
Joseph A Purington officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
S.a. Iberdrola, 10 percent owner CARDENAL GARDOQUI, 8, BILBAO U3 48008
Catherine S Stempien officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Dennis V Arriola director, officer: Chief Executive Officer 162 CANCO ROAD, PORTLAND ME 04103
Franklyn Reynolds officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Marra Rodriguez Jose Angel director 162 CANCO ROAD, PORTLAND ME 04103
David T Flanagan director, officer: See Below C/O ENERGY EAST CORPORATON, PO BOX 1290 STE 1955 1 COMMERCE PLAZA, ALBANY NY 12212-2904