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EDP Renovaveis (EDP Renovaveis) Cyclically Adjusted PS Ratio : 6.67 (As of Jun. 09, 2024)


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What is EDP Renovaveis Cyclically Adjusted PS Ratio?

As of today (2024-06-09), EDP Renovaveis's current share price is $16.01. EDP Renovaveis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.40. EDP Renovaveis's Cyclically Adjusted PS Ratio for today is 6.67.

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

EDRVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.81   Med: 8.05   Max: 14.29
Current: 6.57

During the past years, EDP Renovaveis's highest Cyclically Adjusted PS Ratio was 14.29. The lowest was 4.81. And the median was 8.05.

EDRVF's Cyclically Adjusted PS Ratio is ranked worse than
87.79% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.83 vs EDRVF: 6.57

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.

EDP Renovaveis's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.622. 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 $2.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EDP Renovaveis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EDP Renovaveis'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.

EDP Renovaveis Cyclically Adjusted PS Ratio Chart

EDP Renovaveis 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 6.15 12.74 11.17 9.60 8.33

EDP Renovaveis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.60 9.66 8.37 7.01 8.33

Competitive Comparison of EDP Renovaveis's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, EDP Renovaveis'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.


EDP Renovaveis's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EDP Renovaveis's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



EDP Renovaveis 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.

EDP Renovaveis's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.01/2.4
=6.67

* 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.

EDP Renovaveis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, EDP Renovaveis's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.622/121.2997*121.2997
=0.622

Current CPI (Dec. 2023) = 121.2997.

EDP Renovaveis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.586 100.139 0.710
201406 0.473 101.081 0.568
201409 0.339 100.441 0.409
201412 0.477 100.251 0.577
201503 0.504 99.474 0.615
201506 0.445 101.138 0.534
201509 0.382 99.559 0.465
201512 0.568 100.268 0.687
201603 0.630 98.638 0.775
201606 0.478 100.333 0.578
201609 0.401 99.737 0.488
201612 0.519 101.842 0.618
201703 0.629 100.896 0.756
201706 0.576 101.848 0.686
201709 0.474 101.524 0.566
201712 0.638 102.975 0.752
201803 0.726 102.122 0.862
201806 0.501 104.165 0.583
201809 0.423 103.818 0.494
201812 0.556 104.193 0.647
201903 0.655 103.488 0.768
201906 0.592 104.612 0.686
201909 0.457 103.905 0.534
201912 0.533 105.015 0.616
202003 0.599 103.469 0.702
202006 0.531 104.254 0.618
202009 0.458 103.521 0.537
202012 0.629 104.456 0.730
202103 0.539 104.857 0.624
202106 0.406 107.102 0.460
202109 0.489 107.669 0.551
202112 0.650 111.298 0.708
202203 0.634 115.153 0.668
202206 0.707 118.044 0.726
202209 0.513 117.221 0.531
202212 0.681 117.650 0.702
202303 0.726 118.948 0.740
202306 0.542 120.278 0.547
202309 0.438 121.343 0.438
202312 0.622 121.300 0.622

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.


EDP Renovaveis  (OTCPK:EDRVF) 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.


EDP Renovaveis Cyclically Adjusted PS Ratio Related Terms

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


EDP Renovaveis (EDP Renovaveis) Business Description

Traded in Other Exchanges
Address
Calle Serrano Galvache, 56, Centro Empresarial Parque Norte, 7th Floor, Edificio Olmo, Madrid, ESP, 28033
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 14.7 GW of net installed capacity at the end of 2022, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the U.S. and Europe. The group's plants are mainly located in the U.S., Spain, Portugal, Poland, and Brazil.

EDP Renovaveis (EDP Renovaveis) Headlines

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