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Eversource Energy (Eversource Energy) Cyclically Adjusted PS Ratio : 1.84 (As of Apr. 29, 2024)


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What is Eversource Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Eversource Energy's current share price is $59.46. Eversource Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.35. Eversource Energy's Cyclically Adjusted PS Ratio for today is 1.84.

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

ES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.11   Max: 3.56
Current: 1.84

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.

ES's Cyclically Adjusted PS Ratio is ranked worse than
65.6% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs ES: 1.84

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 Dec. 2023 was $7.694. 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 $32.35 for the trailing ten years ended in Dec. 2023.

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
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 2.71 2.47 2.21 1.79 1.91

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
=59.46/32.35
=1.84

* 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 Dec. 2023 is calculated as:

For example, Eversource Energy'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)
=7.694/129.4194*129.4194
=7.694

Current CPI (Dec. 2023) = 129.4194.

Eversource Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.228 99.695 9.383
201406 5.290 100.560 6.808
201409 5.960 100.428 7.681
201412 5.914 99.070 7.726
201503 7.892 99.621 10.253
201506 5.704 100.684 7.332
201509 6.071 100.392 7.826
201512 5.309 99.792 6.885
201603 6.454 100.470 8.314
201606 5.549 101.688 7.062
201609 6.403 101.861 8.135
201612 5.582 101.863 7.092
201703 6.617 102.862 8.325
201706 5.544 103.349 6.943
201709 6.254 104.136 7.772
201712 5.959 104.011 7.415
201803 7.195 105.290 8.844
201806 5.832 106.317 7.099
201809 7.144 106.507 8.681
201812 6.397 105.998 7.810
201903 7.589 107.251 9.158
201906 5.882 108.070 7.044
201909 6.674 108.329 7.973
201912 6.269 108.420 7.483
202003 7.130 108.902 8.473
202006 5.769 108.767 6.864
202009 6.817 109.815 8.034
202012 6.492 109.897 7.645
202103 8.207 111.754 9.504
202106 6.162 114.631 6.957
202109 7.058 115.734 7.893
202112 7.192 117.630 7.913
202203 10.043 121.301 10.715
202206 7.429 125.017 7.691
202209 9.247 125.227 9.557
202212 8.675 125.222 8.966
202303 10.857 127.348 11.034
202306 7.518 128.729 7.558
202309 7.979 129.860 7.952
202312 7.694 129.419 7.694

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  (NYSE:ES) 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 (Eversource Energy) 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.
Executives
Van Faasen William C other: Trustee 1499 POST ROAD, FAIRFIELD CT 06824
Gregory B Butler officer: Sr. V.P. & Gen. Counsel EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
Daniel J Nova other: Trustee C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Linda Dorcena Forry other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Loretta D. Keane other: Trustee 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Penelope M Conner officer: EVP-Cust Exp & Energy Strategy 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Christine M Carmody officer: SVP - Human Resources 800 BOYLSTON STREET, BOSTON MA 02199
Frederica M Williams other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
John M. Moreira officer: EVP, CFO and Treasurer 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Hunt James W Iii officer: EVP-Corp Rel & Sustainability 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Cleveland Cotton M other: Trustee EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Jay Buth officer: VP-Accounting and Controller EVERSOURCE ENERGY, 107 SELDEN STREET, BERLIN CT 06037
James S Distasio other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
David H. Long other: Trustee C/O EVERSOURCE ENERGY, 107 SELDEN STREET - LEGAL DEPT., BERLIN CT 06037
John Y Kim other: Trustee 51 MADISON AVENUE, NEW YORK NY 10010

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