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Canadian Utilities (Canadian Utilities) Cyclically Adjusted PS Ratio : 1.85 (As of Apr. 27, 2024)


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What is Canadian Utilities Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Canadian Utilities's current share price is $22.4535. Canadian Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.12. Canadian Utilities's Cyclically Adjusted PS Ratio for today is 1.85.

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

CDUAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.01   Max: 6.04
Current: 1.91

During the past years, Canadian Utilities's highest Cyclically Adjusted PS Ratio was 6.04. The lowest was 1.77. And the median was 3.01.

CDUAF's Cyclically Adjusted PS Ratio is ranked worse than
65.83% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs CDUAF: 1.91

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.

Canadian Utilities's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.683. 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 $12.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Utilities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canadian Utilities'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.

Canadian Utilities Cyclically Adjusted PS Ratio Chart

Canadian Utilities 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 2.97 2.19 2.48 2.32 1.98

Canadian Utilities 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 2.32 2.36 2.13 1.78 1.98

Competitive Comparison of Canadian Utilities's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Canadian Utilities'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.


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

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

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



Canadian Utilities 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.

Canadian Utilities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.4535/12.12
=1.85

* 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.

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

For example, Canadian Utilities'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)
=2.683/125.4675*125.4675
=2.683

Current CPI (Dec. 2023) = 125.4675.

Canadian Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.498 98.604 4.451
201406 3.010 99.473 3.797
201409 2.767 99.394 3.493
201412 3.040 98.367 3.878
201503 2.751 99.789 3.459
201506 2.380 100.500 2.971
201509 2.000 100.421 2.499
201512 2.358 99.947 2.960
201603 2.408 101.054 2.990
201606 2.191 102.002 2.695
201609 2.215 101.765 2.731
201612 2.833 101.449 3.504
201703 2.791 102.634 3.412
201706 2.626 103.029 3.198
201709 2.799 103.345 3.398
201712 3.492 103.345 4.240
201803 3.947 105.004 4.716
201806 2.710 105.557 3.221
201809 2.789 105.636 3.313
201812 2.823 105.399 3.361
201903 3.255 106.979 3.818
201906 2.484 107.690 2.894
201909 2.447 107.611 2.853
201912 2.584 107.769 3.008
202003 2.320 107.927 2.697
202006 1.998 108.401 2.313
202009 2.011 108.164 2.333
202012 2.517 108.559 2.909
202103 2.649 110.298 3.013
202106 2.393 111.720 2.687
202109 2.315 112.905 2.573
202112 3.011 113.774 3.320
202203 3.254 117.646 3.470
202206 2.703 120.806 2.807
202209 2.496 120.648 2.596
202212 3.020 120.964 3.132
202303 3.061 122.702 3.130
202306 2.449 124.203 2.474
202309 2.220 125.230 2.224
202312 2.683 125.468 2.683

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.


Canadian Utilities  (OTCPK:CDUAF) 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.


Canadian Utilities Cyclically Adjusted PS Ratio Related Terms

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


Canadian Utilities (Canadian Utilities) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

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