GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (STU:AEP) » Definitions » Cyclically Adjusted Revenue per Share

American Electric Power Co (STU:AEP) Cyclically Adjusted Revenue per Share : €36.77 (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is American Electric Power Co 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.

American Electric Power Co's adjusted revenue per share for the three months ended in Mar. 2024 was €8.764. 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 €36.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American Electric Power Co's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of American Electric Power Co was 22.20% per year. The lowest was -16.20% per year. And the median was 1.60% per year.

As of today (2024-06-03), American Electric Power Co's current stock price is €82.00. American Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €36.77. American Electric Power Co's Cyclically Adjusted PS Ratio of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of American Electric Power Co was 3.01. The lowest was 1.18. And the median was 2.07.


American Electric Power Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for American Electric Power Co'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.

American Electric Power Co Cyclically Adjusted Revenue per Share Chart

American Electric Power Co 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 30.72 27.31 31.97 36.39 35.80

American Electric Power Co 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 36.14 36.07 37.30 35.80 36.77

Competitive Comparison of American Electric Power Co's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, American Electric Power Co'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.


American Electric Power Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



American Electric Power Co 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, American Electric Power Co'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)
=8.764/131.7762*131.7762
=8.764

Current CPI (Mar. 2024) = 131.7762.

American Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.092 100.560 7.983
201409 6.604 100.428 8.665
201412 6.324 99.070 8.412
201503 8.638 99.621 11.426
201506 6.951 100.684 9.098
201509 8.045 100.392 10.560
201512 6.757 99.792 8.923
201603 7.393 100.470 9.697
201606 7.047 101.688 9.132
201609 8.428 101.861 10.903
201612 7.305 101.863 9.450
201703 7.474 102.862 9.575
201706 6.461 103.349 8.238
201709 6.986 104.136 8.840
201712 6.529 104.011 8.272
201803 6.658 105.290 8.333
201806 6.961 106.317 8.628
201809 7.518 106.507 9.302
201812 6.757 105.998 8.400
201903 7.261 107.251 8.921
201906 6.384 108.070 7.784
201909 7.908 108.329 9.620
201912 6.563 108.420 7.977
202003 6.829 108.902 8.263
202006 6.239 108.767 7.559
202009 6.940 109.815 8.328
202012 5.958 109.897 7.144
202103 7.219 111.754 8.512
202106 6.340 114.631 7.288
202109 7.818 115.734 8.902
202112 7.113 117.630 7.968
202203 8.214 121.301 8.923
202206 8.520 125.017 8.981
202209 10.831 125.227 11.397
202212 8.933 125.222 9.401
202303 8.498 127.348 8.794
202306 7.818 128.729 8.003
202309 9.599 129.860 9.741
202312 7.957 129.419 8.102
202403 8.764 131.776 8.764

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


American Electric Power Co  (STU:AEP) 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.

American Electric Power Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=82.00/36.77
=2.23

* 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 American Electric Power Co was 3.01. The lowest was 1.18. And the median was 2.07.


Be Aware

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


American Electric Power Co Cyclically Adjusted Revenue per Share Related Terms

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


American Electric Power Co (STU:AEP) Business Description

Address
1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.