GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PG&E Corp (NYSE:PCG) » Definitions » Cyclically Adjusted PS Ratio

PG&E (PCG) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


View and export this data going back to 1947. Start your Free Trial

What is PG&E Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PG&E Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PG&E's Cyclically Adjusted PS Ratio 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.

PG&E Cyclically Adjusted PS Ratio Chart

PG&E Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.35 0.35 0.48 0.57

PG&E Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 0.48 0.52 0.50 0.57 -

Competitive Comparison of PG&E's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, PG&E'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.


PG&E's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



PG&E Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

PG&E's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PG&E'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)
=2.74/129.4194*129.4194
=2.740

Current CPI (Mar. 2024) = 129.4194.

PG&E Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.426 100.560 10.844
201409 10.420 100.428 13.428
201412 9.050 99.070 11.822
201503 8.106 99.621 10.531
201506 8.731 100.684 11.223
201509 9.305 100.392 11.996
201512 8.401 99.792 10.895
201603 8.028 100.470 10.341
201606 8.371 101.688 10.654
201609 9.563 101.861 12.150
201612 9.333 101.863 11.858
201703 8.352 102.862 10.508
201706 8.285 103.349 10.375
201709 8.754 104.136 10.879
201712 7.961 104.011 9.906
201803 7.860 105.290 9.661
201806 8.205 106.317 9.988
201809 8.474 106.507 10.297
201812 7.862 105.998 9.599
201903 7.611 107.251 9.184
201906 7.454 108.070 8.927
201909 8.378 108.329 10.009
201912 8.983 108.420 10.723
202003 6.645 108.902 7.897
202006 8.569 108.767 10.196
202009 2.281 109.815 2.688
202012 2.392 109.897 2.817
202103 2.213 111.754 2.563
202106 2.430 114.631 2.743
202109 2.753 115.734 3.079
202112 2.643 117.630 2.908
202203 2.717 121.301 2.899
202206 2.390 125.017 2.474
202209 2.530 125.227 2.615
202212 2.519 125.222 2.603
202303 2.912 127.348 2.959
202306 2.473 128.729 2.486
202309 2.751 129.860 2.742
202312 3.293 129.419 3.293
202403 2.740 129.419 2.740

Add all the adjusted revenue per share together and divide 10 will get our 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.


PG&E  (NYSE:PCG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


PG&E Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of PG&E's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PG&E (PCG) Business Description

Industry
Address
300 Lakeside Drive, Oakland, CA, USA, 94612
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.
Executives
Cheryl F. Campbell director C/O 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Carolyn Jeanne Burke officer: EVP Finance C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Patricia K Poppe director, officer: Chief Executive Officer 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephanie N Williams officer: VP and Controller 77 BEALE STREET, PO BOX 77000, SAN FRANCISCO CA 94177
Pg&e Fire Victim Trust 10 percent owner TWO EMBARCADERO CENTER, SUITE 1500, SAN FRANCISCO CA 94111
William Lloyd Smith director 46429 LANDING PARKWAY, FREMONT CA 94538
Marlene Santos other: EVP, CCO at PG&E Company 77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94117
Carlos M Hernandez director
Adam L Wright other: EVP, Ops & COO at PG&E Company 77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94177
Julius Cox officer: EVP/Ppl, Shrd Svcs & Spply Chn 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Sumeet Singh officer: EVP/CRO & Chf Safety Ofc 77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Ajay Waghray officer: SVP & Chf Information Ofc C/O ASSURANT, INC., 28 LIBERTY STREET, 41 FL., NEW YORK NY 1
Carla J Peterman officer: EVP/Corp. Affairs & CSO 77 BEALE STREET, P.O. BOX 77000, SAN FRANCISCO CA 94177
Christopher A Foster officer: EVP & Chief Financial Officer 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177