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Southwest Gas Holdings (Southwest Gas Holdings) Cyclically Adjusted Revenue per Share : $71.07 (As of Mar. 2024)


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What is Southwest Gas Holdings 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.

Southwest Gas Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was $21.994. 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 $71.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southwest Gas Holdings's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 Southwest Gas Holdings was 8.80% per year. The lowest was -4.70% per year. And the median was 1.30% per year.

As of today (2024-05-17), Southwest Gas Holdings's current stock price is $77.68. Southwest Gas Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $71.07. Southwest Gas Holdings's Cyclically Adjusted PS Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southwest Gas Holdings was 1.81. The lowest was 0.82. And the median was 1.25.


Southwest Gas Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Southwest Gas Holdings'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.

Southwest Gas Holdings Cyclically Adjusted Revenue per Share Chart

Southwest Gas Holdings 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 51.94 53.77 58.84 64.92 69.32

Southwest Gas Holdings 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 66.66 68.04 69.17 69.32 71.07

Competitive Comparison of Southwest Gas Holdings's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.


Southwest Gas Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Southwest Gas Holdings 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, Southwest Gas Holdings'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)
=21.994/131.7762*131.7762
=21.994

Current CPI (Mar. 2024) = 131.7762.

Southwest Gas Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.652 100.560 12.648
201409 9.208 100.428 12.082
201412 13.357 99.070 17.767
201503 15.610 99.621 20.649
201506 11.389 100.684 14.906
201509 10.730 100.392 14.084
201512 14.354 99.792 18.955
201603 15.310 100.470 20.080
201606 11.457 101.688 14.847
201609 11.289 101.861 14.604
201612 13.407 101.863 17.344
201703 13.679 102.862 17.524
201706 11.705 103.349 14.925
201709 12.361 104.136 15.642
201712 15.071 104.011 19.094
201803 15.566 105.290 19.482
201806 13.725 106.317 17.012
201809 13.483 106.507 16.682
201812 15.425 105.998 19.176
201903 15.602 107.251 19.170
201906 13.203 108.070 16.099
201909 13.247 108.329 16.114
201912 15.404 108.420 18.722
202003 15.106 108.902 18.279
202006 13.636 108.767 16.521
202009 14.040 109.815 16.848
202012 16.024 109.897 19.214
202103 15.359 111.754 18.111
202106 13.991 114.631 16.084
202109 14.857 115.734 16.916
202112 17.833 117.630 19.978
202203 20.827 121.301 22.626
202206 17.095 125.017 18.019
202209 16.761 125.227 17.638
202212 21.138 125.222 22.244
202303 23.434 127.348 24.249
202306 18.037 128.729 18.464
202309 16.277 129.860 16.517
202312 19.011 129.419 19.357
202403 21.994 131.776 21.994

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


Southwest Gas Holdings  (NYSE:SWX) 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.

Southwest Gas Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=77.68/71.07
=1.09

* 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 Southwest Gas Holdings was 1.81. The lowest was 0.82. And the median was 1.25.


Be Aware

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


Southwest Gas Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Southwest Gas Holdings (Southwest Gas Holdings) Business Description

Traded in Other Exchanges
Address
8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510
Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.
Executives
Paul M Daily officer: Executive Officer C/O SOUTHWEST GAS HOLDINGS, INC., 5241 SPRING MOUNTAIN ROAD, LAS VEGAS NV 89150
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Robert J Stefani officer: SVP/Chief Financial Officer 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Icahn Partners Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Randall P. Gabe officer: SVP/Chief Administrative OFC 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Amy L. Timperley officer: SVP/Chief Reg. & Fin. Planning 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Jose A Cardenas director 8360 S. DURANGO DR., LAS VEGAS NV 89113
Boyd S. Nelson officer: VP/Strategy & Inv Relations 8360 S. DURANGO DR., LAS VEGAS NV 89113
Thomas E. Moran officer: VP/General Counsel/Corp. Sec SOUTHWEST GAS HOLDINGS, INC., 8360 SOUTH DURANGO DRIVE, LAS VEGAS NV 89113
Julie M. Williams officer: SVP/Chief Operations Officer 8360 S. DURANGO DR., LAS VEGAS NV 89113
Lori L Colvin officer: VP/Controller/CAO 8360 S. DURANGO DR., LAS VEGAS NV 89113
Eric Debonis officer: SVP/Operations 8360 S. DURANGO DR., LAS VEGAS NV 89113
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036