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Clearway Energy (Clearway Energy) Cyclically Adjusted Revenue per Share : $12.89 (As of Mar. 2024)


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What is Clearway Energy 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.

Clearway Energy's adjusted revenue per share for the three months ended in Mar. 2024 was $2.248. 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 $12.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Clearway Energy's average Cyclically Adjusted Revenue Growth Rate was -10.20% 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.

As of today (2024-05-16), Clearway Energy's current stock price is $25.43. Clearway Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.89. Clearway Energy's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Clearway Energy was 2.89. The lowest was 1.39. And the median was 2.18.


Clearway Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Clearway Energy'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.

Clearway Energy Cyclically Adjusted Revenue per Share Chart

Clearway Energy 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 - - 12.48 13.97 13.45

Clearway 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 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 14.35 14.30 14.02 13.45 12.89

Competitive Comparison of Clearway Energy's Cyclically Adjusted Revenue per Share

For the Utilities - Renewable subindustry, Clearway 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.


Clearway Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clearway Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Clearway Energy 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, Clearway 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)
=2.248/129.4194*129.4194
=2.248

Current CPI (Mar. 2024) = 129.4194.

Clearway Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.522 100.560 9.681
201409 2.968 100.428 3.825
201412 4.473 99.070 5.843
201503 2.857 99.621 3.712
201506 3.357 100.684 4.315
201509 2.612 100.392 3.367
201512 2.414 99.792 3.131
201603 2.388 100.470 3.076
201606 2.320 101.688 2.953
201609 2.230 101.861 2.833
201612 2.510 101.863 3.189
201703 2.255 102.862 2.837
201706 2.341 103.349 2.932
201709 2.169 104.136 2.696
201712 2.265 104.011 2.818
201803 2.250 105.290 2.766
201806 2.417 106.317 2.942
201809 2.808 106.507 3.412
201812 2.082 105.998 2.542
201903 2.009 107.251 2.424
201906 2.630 108.070 3.150
201909 2.691 108.329 3.215
201912 2.098 108.420 2.504
202003 2.263 108.902 2.689
202006 2.861 108.767 3.404
202009 2.862 109.815 3.373
202012 2.353 109.897 2.771
202103 2.026 111.754 2.346
202106 3.248 114.631 3.667
202109 3.000 115.734 3.355
202112 2.718 117.630 2.990
202203 1.829 121.301 1.951
202206 3.145 125.017 3.256
202209 2.906 125.227 3.003
202212 2.291 125.222 2.368
202303 2.462 127.348 2.502
202306 3.470 128.729 3.489
202309 3.171 129.860 3.160
202312 2.128 129.419 2.128
202403 2.248 129.419 2.248

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


Clearway Energy  (NYSE:CWEN.A) 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.

Clearway Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.43/12.89
=1.97

* 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 Clearway Energy was 2.89. The lowest was 1.39. And the median was 2.18.


Be Aware

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


Clearway Energy Cyclically Adjusted Revenue per Share Related Terms

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


Clearway Energy (Clearway Energy) Business Description

Traded in Other Exchanges
Address
300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The company segments its operations into conventional power generation, renewables and thermal divisions.