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Eversource Energy (STU:NWJ) Cyclically Adjusted PS Ratio : 1.78 (As of May. 26, 2024)


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What is Eversource Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Eversource Energy's current share price is €53.00. Eversource Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €29.75. Eversource Energy's Cyclically Adjusted PS Ratio for today is 1.78.

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

STU:NWJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.11   Max: 3.56
Current: 1.75

During the past years, Eversource Energy's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 0.94. And the median was 2.11.

STU:NWJ's Cyclically Adjusted PS Ratio is ranked worse than
62.19% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs STU:NWJ: 1.75

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.

Eversource Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.735. 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 €29.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eversource Energy'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.

Eversource Energy Cyclically Adjusted PS Ratio Chart

Eversource Energy 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 3.14 3.23 3.20 2.71 1.91

Eversource Energy 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 2.47 2.21 1.79 1.91 1.81

Competitive Comparison of Eversource Energy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Eversource Energy'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.


Eversource Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Eversource Energy 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.

Eversource Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.00/29.75
=1.78

* 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.

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

For example, Eversource Energy'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)
=8.735/131.7762*131.7762
=8.735

Current CPI (Mar. 2024) = 131.7762.

Eversource Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.894 100.560 5.103
201409 4.625 100.428 6.069
201412 4.796 99.070 6.379
201503 7.292 99.621 9.646
201506 5.082 100.684 6.651
201509 5.409 100.392 7.100
201512 4.874 99.792 6.436
201603 5.796 100.470 7.602
201606 4.939 101.688 6.400
201609 5.705 101.861 7.380
201612 5.292 101.863 6.846
201703 6.187 102.862 7.926
201706 4.934 103.349 6.291
201709 5.247 104.136 6.640
201712 5.035 104.011 6.379
201803 5.835 105.290 7.303
201806 4.992 106.317 6.187
201809 6.122 106.507 7.574
201812 5.623 105.998 6.990
201903 6.717 107.251 8.253
201906 5.206 108.070 6.348
201909 6.060 108.329 7.372
201912 5.642 108.420 6.857
202003 6.452 108.902 7.807
202006 5.123 108.767 6.207
202009 5.788 109.815 6.946
202012 5.336 109.897 6.398
202103 6.894 111.754 8.129
202106 5.115 114.631 5.880
202109 6.000 115.734 6.832
202112 6.365 117.630 7.130
202203 9.119 121.301 9.906
202206 7.028 125.017 7.408
202209 9.339 125.227 9.827
202212 8.189 125.222 8.618
202303 10.140 127.348 10.493
202306 6.939 128.729 7.103
202309 7.476 129.860 7.586
202312 7.055 129.419 7.183
202403 8.735 131.776 8.735

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.


Eversource Energy  (STU:NWJ) 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.


Eversource Energy Cyclically Adjusted PS Ratio Related Terms

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


Eversource Energy (STU:NWJ) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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