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Unitil (Unitil) Cyclically Adjusted PS Ratio : 1.38 (As of Apr. 27, 2024)


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What is Unitil Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Unitil's current share price is $49.94. Unitil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $36.17. Unitil's Cyclically Adjusted PS Ratio for today is 1.38.

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

UTL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.35   Max: 2.01
Current: 1.4

During the past years, Unitil's highest Cyclically Adjusted PS Ratio was 2.01. The lowest was 0.63. And the median was 1.35.

UTL's Cyclically Adjusted PS Ratio is ranked worse than
54.21% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs UTL: 1.40

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.

Unitil's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.994. 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 $36.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unitil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Unitil'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.

Unitil Cyclically Adjusted PS Ratio Chart

Unitil 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 1.91 1.40 1.39 1.47 1.45

Unitil 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 1.47 1.59 1.40 1.17 1.45

Competitive Comparison of Unitil's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Unitil'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.


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

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

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



Unitil 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.

Unitil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.94/36.17
=1.38

* 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.

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

For example, Unitil'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)
=7.994/129.4194*129.4194
=7.994

Current CPI (Dec. 2023) = 129.4194.

Unitil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.312 99.695 14.685
201406 5.312 100.560 6.837
201409 5.551 100.428 7.153
201412 8.681 99.070 11.340
201503 12.388 99.621 16.093
201506 5.576 100.684 7.167
201509 5.374 100.392 6.928
201512 7.367 99.792 9.554
201603 8.986 100.470 11.575
201606 5.321 101.688 6.772
201609 5.629 101.861 7.152
201612 7.450 101.863 9.465
201703 9.000 102.862 11.324
201706 5.730 103.349 7.175
201709 5.957 104.136 7.403
201712 7.789 104.011 9.692
201803 9.851 105.290 12.109
201806 5.709 106.317 6.950
201809 5.959 106.507 7.241
201812 8.420 105.998 10.280
201903 10.208 107.251 12.318
201906 5.664 108.070 6.783
201909 5.725 108.329 6.840
201912 7.812 108.420 9.325
202003 8.752 108.902 10.401
202006 5.631 108.767 6.700
202009 5.866 109.815 6.913
202012 7.738 109.897 9.113
202103 9.253 111.754 10.716
202106 6.440 114.631 7.271
202109 6.329 115.734 7.077
202112 8.790 117.630 9.671
202203 12.038 121.301 12.844
202206 6.181 125.017 6.399
202209 6.888 125.227 7.119
202212 10.104 125.222 10.443
202303 13.763 127.348 13.987
202306 6.463 128.729 6.498
202309 6.453 129.860 6.431
202312 7.994 129.419 7.994

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.


Unitil  (NYSE:UTL) 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.


Unitil Cyclically Adjusted PS Ratio Related Terms

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


Unitil (Unitil) Business Description

Traded in Other Exchanges
N/A
Address
6 Liberty Lane West, Hampton, NH, USA, 03842-1720
Unitil Corp is a holding company, through its subsidiaries it is engaged in the local distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts, and Maine. It reports three segments namely utility gas operations, utility electric operations, and non-regulated.
Executives
Todd R Diggins officer: Controller and CAO 6 LIBERTY LANE WEST, HAMPTON NH 03842
Anne L. Alonzo director 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Neveen F Awad director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Justin Eisfeller officer: VP, IT & CTO 6 LIBERTY LANE WEST, HAMPTON NH 03842
Todd R Black officer: SR. VICE PRESIDENT 6 LIBERTY LANE WEST, HAMPTON NH 03842
Robert B Hevert officer: Senior Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Meissner Thomas P Jr officer: Sr. Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Daniel J Hurstak officer: Controller 6 LIBERTY LANE WEST, HAMPTON NH 03842
Winfield S Brown director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Justine Vogel director 6 LIBERTY LANE WEST, HAMPTON NH 03857
Suzanne Foster director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Christine L Vaughan officer: SVP, Fin. & Regulatory Svcs 6 LIBERTY LANE WEST, HAMPTON NH 03842
Christopher J Leblanc officer: Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Elfner Albert H Iii director 6 LIBERTY LANE WEST, HAMPTON NH 03842
David P Brownell director 6 LIBERTY LANE WEST, HAMPTON NH 03842

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