GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FirstEnergy Corp (FRA:FE7) » Definitions » Cyclically Adjusted Revenue per Share

FirstEnergy (FRA:FE7) Cyclically Adjusted Revenue per Share : €27.16 (As of Mar. 2024)


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

What is FirstEnergy 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.

FirstEnergy's adjusted revenue per share for the three months ended in Mar. 2024 was €5.250. 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 €27.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FirstEnergy's average Cyclically Adjusted Revenue Growth Rate was -6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% 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 FirstEnergy was 5.20% per year. The lowest was -6.30% per year. And the median was -1.40% per year.

As of today (2024-05-18), FirstEnergy's current stock price is €36.60. FirstEnergy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.16. FirstEnergy's Cyclically Adjusted PS Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FirstEnergy was 1.49. The lowest was 0.69. And the median was 0.94.


FirstEnergy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FirstEnergy'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.

FirstEnergy Cyclically Adjusted Revenue per Share Chart

FirstEnergy 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 31.06 25.38 27.59 29.35 26.80

FirstEnergy 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 28.39 28.37 29.10 26.80 27.16

Competitive Comparison of FirstEnergy's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.


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

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

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



FirstEnergy 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, FirstEnergy'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)
=5.25/131.7762*131.7762
=5.250

Current CPI (Mar. 2024) = 131.7762.

FirstEnergy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.112 100.560 8.009
201409 7.166 100.428 9.403
201412 6.662 99.070 8.861
201503 8.513 99.621 11.261
201506 7.299 100.684 9.553
201509 8.664 100.392 11.373
201512 7.613 99.792 10.053
201603 8.156 100.470 10.697
201606 7.122 101.688 9.229
201609 8.173 101.861 10.573
201612 -1.076 101.863 -1.392
201703 6.012 102.862 7.702
201706 5.248 103.349 6.692
201709 5.474 104.136 6.927
201712 5.102 104.011 6.464
201803 4.856 105.290 6.078
201806 4.691 106.317 5.814
201809 5.200 106.507 6.434
201812 4.625 105.998 5.750
201903 4.787 107.251 5.882
201906 4.178 108.070 5.095
201909 4.964 108.329 6.038
201912 4.414 108.420 5.365
202003 4.515 108.902 5.463
202006 4.124 108.767 4.996
202009 4.725 109.815 5.670
202012 3.841 109.897 4.606
202103 4.209 111.754 4.963
202106 3.993 114.631 4.590
202109 4.872 115.734 5.547
202112 4.288 117.630 4.804
202203 4.753 121.301 5.163
202206 4.661 125.017 4.913
202209 6.136 125.227 6.457
202212 5.243 125.222 5.517
202303 5.267 127.348 5.450
202306 4.834 128.729 4.948
202309 5.692 129.860 5.776
202312 5.026 129.419 5.118
202403 5.250 131.776 5.250

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


FirstEnergy  (FRA:FE7) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.60/27.16
=1.35

* 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 FirstEnergy was 1.49. The lowest was 0.69. And the median was 0.94.


Be Aware

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


FirstEnergy Cyclically Adjusted Revenue per Share Related Terms

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


FirstEnergy (FRA:FE7) Business Description

Industry
Traded in Other Exchanges
Address
76 South Main Street, Akron, OH, USA, 44308
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

FirstEnergy (FRA:FE7) Headlines

No Headlines