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Enbridge (Enbridge) Cyclically Adjusted Revenue per Share : $26.25 (As of Dec. 2023)


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What is Enbridge Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Enbridge's adjusted revenue per share for the three months ended in Dec. 2023 was $3.959. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $26.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Enbridge's average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Enbridge was 28.70% per year. The lowest was -0.90% per year. And the median was 16.80% per year.

As of today (2024-04-27), Enbridge's current stock price is $35.82. Enbridge's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.25. Enbridge's Cyclically Adjusted PS Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enbridge was 2.29. The lowest was 0.98. And the median was 1.45.


Enbridge Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Enbridge's Cyclically Adjusted Revenue per Share 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.

Enbridge Cyclically Adjusted Revenue per Share Chart

Enbridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.42 28.08 28.14 26.94 26.25

Enbridge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 26.94 26.90 27.23 26.12 26.25

Competitive Comparison of Enbridge's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Enbridge'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.


Enbridge's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enbridge's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Enbridge Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Enbridge'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)
=3.959/125.4675*125.4675
=3.959

Current CPI (Dec. 2023) = 125.4675.

Enbridge Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.413 98.604 14.522
201406 11.100 99.473 14.001
201409 8.896 99.394 11.230
201412 8.985 98.367 11.460
201503 7.472 99.789 9.395
201506 8.135 100.500 10.156
201509 7.387 100.421 9.229
201512 7.621 99.947 9.567
201603 7.539 101.054 9.360
201606 6.656 102.002 8.187
201609 7.023 101.765 8.659
201612 7.503 101.449 9.279
201703 7.014 102.634 8.574
201706 5.111 103.029 6.224
201709 4.576 103.345 5.556
201712 6.088 103.345 7.391
201803 5.826 105.004 6.961
201806 4.821 105.557 5.730
201809 5.096 105.636 6.053
201812 4.752 105.399 5.657
201903 4.762 106.979 5.585
201906 4.938 107.690 5.753
201909 4.336 107.611 5.055
201912 4.643 107.769 5.405
202003 4.258 107.927 4.950
202006 2.906 108.401 3.364
202009 3.407 108.164 3.952
202012 3.866 108.559 4.468
202103 4.773 110.298 5.429
202106 4.422 111.720 4.966
202109 4.466 112.905 4.963
202112 4.830 113.774 5.326
202203 5.877 117.646 6.268
202206 5.084 120.806 5.280
202209 4.278 120.648 4.449
202212 4.870 120.964 5.051
202303 4.351 122.702 4.449
202306 3.874 124.203 3.913
202309 3.551 125.230 3.558
202312 3.959 125.468 3.959

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Enbridge  (NYSE:ENB) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Enbridge's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=35.82/26.25
=1.36

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enbridge was 2.29. The lowest was 0.98. And the median was 1.45.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Enbridge Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Enbridge's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enbridge (Enbridge) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Inc (NYSE:ENB) » Definitions » Cyclically Adjusted Revenue per Share
Address
425 - 1st Street S.W., Suite 200, Calgary, AB, CAN, T2P 3L8
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Executives
Albert Monaco director, officer: See Remarks #3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Mark A. Maki officer: See remarks 425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
Gruending Colin K officer: See Remarks 75 DISCOVERY RIDGE PLACE SW, CALGARY A0 T3H 5G4
Laura Buss Sayavedra officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056
William T. Yardley officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056
Susan M Cunningham director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Cynthia L Hansen officer: See Remarks 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Allen C Capps officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
D Guy Jarvis officer: See Remarks 3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Teresa S Madden director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Byron C Neiles officer: See Remarks 3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
Robert R Rooney officer: See Remarks
John K Whelen officer: See Remarks 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Vernon D Yu officer: See Remarks 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Dan C Tutcher director 5400 WESTHEIMER COURT, HOUSTON TX 77056