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Aboitiz Power (PHS:AP) Cyclically Adjusted PS Ratio : 1.63 (As of Jun. 01, 2024)


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What is Aboitiz Power Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Aboitiz Power's current share price is ₱34.10. Aboitiz Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱20.86. Aboitiz Power's Cyclically Adjusted PS Ratio for today is 1.63.

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

PHS:AP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 1.99   Max: 3.48
Current: 1.64

During the past years, Aboitiz Power's highest Cyclically Adjusted PS Ratio was 3.48. The lowest was 1.47. And the median was 1.99.

PHS:AP's Cyclically Adjusted PS Ratio is ranked worse than
60.67% of 445 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs PHS:AP: 1.64

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.

Aboitiz Power's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱6.265. 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 ₱20.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aboitiz Power Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aboitiz Power'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.

Aboitiz Power Cyclically Adjusted PS Ratio Chart

Aboitiz Power 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 2.36 1.81 1.91 1.88 1.87

Aboitiz Power 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 1.98 1.97 1.67 1.87 1.70

Competitive Comparison of Aboitiz Power's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Aboitiz Power'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.


Aboitiz Power's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Aboitiz Power 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.

Aboitiz Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.10/20.86
=1.63

* 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.

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

For example, Aboitiz Power'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)
=6.265/131.7762*131.7762
=6.265

Current CPI (Mar. 2024) = 131.7762.

Aboitiz Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.192 100.560 4.183
201409 3.004 100.428 3.942
201412 2.799 99.070 3.723
201503 2.813 99.621 3.721
201506 2.906 100.684 3.803
201509 3.051 100.392 4.005
201512 2.823 99.792 3.728
201603 2.903 100.470 3.808
201606 3.005 101.688 3.894
201609 3.181 101.861 4.115
201612 3.031 101.863 3.921
201703 3.641 102.862 4.664
201706 4.076 103.349 5.197
201709 4.322 104.136 5.469
201712 4.210 104.011 5.334
201803 3.923 105.290 4.910
201806 4.922 106.317 6.101
201809 4.782 106.507 5.917
201812 4.276 105.998 5.316
201903 4.052 107.251 4.979
201906 4.622 108.070 5.636
201909 4.155 108.329 5.054
201912 4.207 108.420 5.113
202003 3.788 108.902 4.584
202006 3.450 108.767 4.180
202009 3.782 109.815 4.538
202012 3.975 109.897 4.766
202103 3.649 111.754 4.303
202106 4.572 114.631 5.256
202109 4.491 115.734 5.113
202112 5.539 117.630 6.205
202203 4.876 121.301 5.297
202206 6.337 125.017 6.680
202209 7.226 125.227 7.604
202212 7.896 125.222 8.309
202303 6.624 127.348 6.854
202306 7.827 128.729 8.012
202309 6.723 129.860 6.822
202312 7.158 129.419 7.288
202403 6.265 131.776 6.265

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.


Aboitiz Power  (PHS:AP) 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.


Aboitiz Power Cyclically Adjusted PS Ratio Related Terms

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


Aboitiz Power (PHS:AP) Business Description

Traded in Other Exchanges
Address
NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.