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Edison International (BSP:E1IX34) Cyclically Adjusted PS Ratio : 1.52 (As of May. 26, 2024)


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What is Edison International Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Edison International's current share price is R$174.08. Edison International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$114.42. Edison International's Cyclically Adjusted PS Ratio for today is 1.52.

The historical rank and industry rank for Edison International's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:E1IX34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.53   Max: 2.07
Current: 1.6

During the past years, Edison International's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 1.13. And the median was 1.53.

BSP:E1IX34's Cyclically Adjusted PS Ratio is ranked worse than
59.28% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs BSP:E1IX34: 1.60

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.

Edison International's adjusted revenue per share data for the three months ended in Mar. 2024 was R$26.374. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$114.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edison International'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.

Edison International Cyclically Adjusted PS Ratio Chart

Edison International 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 1.93 1.58 1.61 1.41 1.56

Edison International 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 1.54 1.51 1.37 1.56 1.52

Competitive Comparison of Edison International's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Edison International'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.


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

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

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



Edison International 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.

Edison International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=174.08/114.42
=1.52

* 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.

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

For example, Edison International'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)
=26.374/131.7762*131.7762
=26.374

Current CPI (Mar. 2024) = 131.7762.

Edison International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.249 100.560 13.431
201409 15.477 100.428 20.308
201412 12.507 99.070 16.636
201503 11.993 99.621 15.864
201506 13.794 100.684 18.054
201509 22.390 100.392 29.390
201512 13.807 99.792 18.232
201603 13.713 100.470 17.986
201606 14.404 101.688 18.666
201609 18.568 101.861 24.021
201612 14.656 101.863 18.960
201703 11.707 102.862 14.998
201706 14.849 103.349 18.933
201709 17.534 104.136 22.188
201712 16.273 104.011 20.617
201803 12.855 105.290 16.089
201806 16.231 106.317 20.118
201809 26.820 106.507 33.183
201812 17.922 105.998 22.281
201903 16.584 107.251 20.376
201906 16.578 108.070 20.215
201909 22.079 108.329 26.858
201912 16.838 108.420 20.465
202003 18.726 108.902 22.659
202006 20.609 108.767 24.969
202009 33.171 109.815 39.805
202012 21.203 109.897 25.424
202103 21.947 111.754 25.879
202106 21.934 114.631 25.215
202109 36.807 115.734 41.909
202112 24.785 117.630 27.766
202203 25.846 121.301 28.078
202206 26.411 125.017 27.839
202209 35.788 125.227 37.660
202212 27.287 125.222 28.715
202303 26.898 127.348 27.833
202306 24.987 128.729 25.579
202309 30.158 129.860 30.603
202312 23.583 129.419 24.012
202403 26.374 131.776 26.374

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.


Edison International  (BSP:E1IX34) 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.


Edison International Cyclically Adjusted PS Ratio Related Terms

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


Edison International (BSP:E1IX34) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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