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Terna SpA (Terna SpA) Cyclically Adjusted Revenue per Share : $4.44 (As of Dec. 2023)


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What is Terna SpA 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.

Terna SpA's adjusted revenue per share for the three months ended in Dec. 2023 was $1.533. 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 $4.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Terna SpA's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% 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 Terna SpA was 9.20% per year. The lowest was 3.80% per year. And the median was 6.95% per year.

As of today (2024-05-16), Terna SpA's current stock price is $25.7985. Terna SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.44. Terna SpA's Cyclically Adjusted PS Ratio of today is 5.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Terna SpA was 7.11. The lowest was 4.67. And the median was 5.77.


Terna SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Terna SpA'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.

Terna SpA Cyclically Adjusted Revenue per Share Chart

Terna SpA 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 3.38 3.80 3.76 4.13 4.44

Terna SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.21 4.34 4.19 4.44 -

Competitive Comparison of Terna SpA's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Terna SpA'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.


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

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

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



Terna SpA 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, Terna SpA'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)
=1.533/119.7000*119.7000
=1.533

Current CPI (Dec. 2023) = 119.7000.

Terna SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.934 99.907 1.119
201406 0.953 100.093 1.140
201409 0.881 99.814 1.057
201412 1.065 99.721 1.278
201503 0.772 99.814 0.926
201506 0.823 100.279 0.982
201509 0.768 100.000 0.919
201512 1.048 99.814 1.257
201603 0.768 99.600 0.923
201606 0.919 99.900 1.101
201609 0.856 100.100 1.024
201612 0.758 100.300 0.905
201703 0.836 101.000 0.991
201706 0.839 101.100 0.993
201709 0.934 101.200 1.105
201712 1.084 101.200 1.282
201803 0.963 101.800 1.132
201806 1.004 102.400 1.174
201809 0.944 102.600 1.101
201812 1.152 102.300 1.348
201903 0.906 102.800 1.055
201906 0.965 103.100 1.120
201909 0.933 102.900 1.085
201912 1.045 102.800 1.217
202003 0.936 102.900 1.089
202006 1.005 102.900 1.169
202009 1.051 102.300 1.230
202012 1.088 102.600 1.269
202103 1.095 103.700 1.264
202106 1.095 104.200 1.258
202109 1.114 104.900 1.271
202112 1.107 106.600 1.243
202203 1.061 110.400 1.150
202206 1.033 112.500 1.099
202209 0.980 114.200 1.027
202212 1.446 119.000 1.455
202303 1.141 118.800 1.150
202306 1.202 119.700 1.202
202309 1.216 120.300 1.210
202312 1.533 119.700 1.533

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


Terna SpA  (OTCPK:TEZNY) 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.

Terna SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.7985/4.44
=5.81

* 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 Terna SpA was 7.11. The lowest was 4.67. And the median was 5.77.


Be Aware

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


Terna SpA Cyclically Adjusted Revenue per Share Related Terms

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


Terna SpA (Terna SpA) Business Description

Industry
Traded in Other Exchanges
Address
Viale Egidio Galbani, 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.

Terna SpA (Terna SpA) Headlines

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