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Energy Developments (ASX:ENE) Cyclically Adjusted PS Ratio : (As of Jun. 23, 2024)


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What is Energy Developments Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Developments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Energy Developments'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.

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Energy Developments Cyclically Adjusted PS Ratio Chart

Energy Developments Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted PS Ratio
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Energy Developments Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Energy Developments's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Energy Developments'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.


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

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

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



Energy Developments 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.

Energy Developments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Energy Developments's adjusted Revenue per Share data for the fiscal year that ended in Jun15 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=2.531/99.8375*99.8375
=2.531

Current CPI (Jun15) = 99.8375.

Energy Developments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200606 1.059 79.777 1.325
200706 1.229 81.449 1.506
200806 1.344 85.071 1.577
200906 1.573 86.278 1.820
201006 1.605 88.971 1.801
201106 1.590 92.129 1.723
201206 1.890 93.244 2.024
201306 2.361 95.473 2.469
201406 2.498 98.352 2.536
201506 2.531 99.838 2.531

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.


Energy Developments  (ASX:ENE) 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.


Energy Developments Cyclically Adjusted PS Ratio Related Terms

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Energy Developments (ASX:ENE) Business Description

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Energy Developments Limited is an provider of low emissions, renewable and remote energy. It is involved in project development, finance, design, operation and maintenance of international power generating and energy delivery projects.

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