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SPC Power (PHS:SPC) Cyclically Adjusted Revenue per Share : ₱2.31 (As of Mar. 2024)


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What is SPC Power 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.

SPC Power's adjusted revenue per share for the three months ended in Mar. 2024 was ₱0.548. 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 ₱2.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SPC Power's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% 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 SPC Power was 8.90% per year. The lowest was 4.40% per year. And the median was 5.75% per year.

As of today (2024-06-06), SPC Power's current stock price is ₱9.40. SPC Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱2.31. SPC Power's Cyclically Adjusted PS Ratio of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SPC Power was 7.86. The lowest was 3.05. And the median was 4.51.


SPC Power Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SPC Power'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.

SPC Power Cyclically Adjusted Revenue per Share Chart

SPC Power 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 1.71 1.74 1.88 2.06 2.25

SPC Power 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 2.12 2.17 2.23 2.25 2.31

Competitive Comparison of SPC Power's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, SPC Power'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.


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

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

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



SPC Power 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, SPC Power'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)
=0.548/131.7762*131.7762
=0.548

Current CPI (Mar. 2024) = 131.7762.

SPC Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.530 100.560 0.695
201409 0.555 100.428 0.728
201412 0.446 99.070 0.593
201503 0.379 99.621 0.501
201506 0.478 100.684 0.626
201509 0.479 100.392 0.629
201512 0.497 99.792 0.656
201603 0.474 100.470 0.622
201606 0.580 101.688 0.752
201609 0.480 101.861 0.621
201612 0.414 101.863 0.536
201703 0.365 102.862 0.468
201706 0.412 103.349 0.525
201709 0.369 104.136 0.467
201712 0.427 104.011 0.541
201803 0.374 105.290 0.468
201806 0.365 106.317 0.452
201809 0.436 106.507 0.539
201812 0.412 105.998 0.512
201903 0.381 107.251 0.468
201906 0.600 108.070 0.732
201909 0.412 108.329 0.501
201912 0.478 108.420 0.581
202003 0.361 108.902 0.437
202006 0.282 108.767 0.342
202009 0.344 109.815 0.413
202012 0.341 109.897 0.409
202103 0.310 111.754 0.366
202106 0.435 114.631 0.500
202109 0.585 115.734 0.666
202112 0.317 117.630 0.355
202203 0.451 121.301 0.490
202206 0.601 125.017 0.633
202209 0.641 125.227 0.675
202212 0.875 125.222 0.921
202303 0.611 127.348 0.632
202306 0.883 128.729 0.904
202309 0.873 129.860 0.886
202312 0.661 129.419 0.673
202403 0.548 131.776 0.548

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


SPC Power  (PHS:SPC) 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.

SPC Power's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.40/2.31
=4.07

* 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 SPC Power was 7.86. The lowest was 3.05. And the median was 4.51.


Be Aware

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


SPC Power Cyclically Adjusted Revenue per Share Related Terms

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


SPC Power (PHS:SPC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000
SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.