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AWR (American States Water Co) Cyclically Adjusted PS Ratio : 5.33 (As of Dec. 13, 2024)


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What is American States Water Co Cyclically Adjusted PS Ratio?

As of today (2024-12-13), American States Water Co's current share price is $83.22. American States Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $15.61. American States Water Co's Cyclically Adjusted PS Ratio for today is 5.33.

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

AWR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.23   Med: 5.31   Max: 7.38
Current: 5.3

During the past years, American States Water Co's highest Cyclically Adjusted PS Ratio was 7.38. The lowest was 3.23. And the median was 5.31.

AWR's Cyclically Adjusted PS Ratio is ranked worse than
91.29% of 402 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs AWR: 5.30

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.

American States Water Co's adjusted revenue per share data for the three months ended in Sep. 2024 was $4.293. 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 $15.61 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American States Water Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American States Water Co'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.

American States Water Co Cyclically Adjusted PS Ratio Chart

American States Water Co 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 6.73 6.07 7.38 6.30 5.29

American States Water Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.15 5.29 4.67 4.65 5.33

Competitive Comparison of American States Water Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, American States Water Co'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.


American States Water Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American States Water Co's Cyclically Adjusted PS Ratio falls into.



American States Water Co 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.

American States Water Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.22/15.61
=5.33

* 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.

American States Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, American States Water Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.293/133.0289*133.0289
=4.293

Current CPI (Sep. 2024) = 133.0289.

American States Water Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.844 99.070 3.819
201503 2.628 99.621 3.509
201506 3.024 100.684 3.995
201509 3.568 100.392 4.728
201512 2.984 99.792 3.978
201603 2.549 100.470 3.375
201606 3.046 101.688 3.985
201609 3.368 101.861 4.399
201612 2.904 101.863 3.793
201703 2.686 102.862 3.474
201706 3.074 103.349 3.957
201709 3.376 104.136 4.313
201712 2.820 104.011 3.607
201803 2.569 105.290 3.246
201806 2.896 106.317 3.624
201809 3.361 106.507 4.198
201812 3.005 105.998 3.771
201903 2.753 107.251 3.415
201906 3.372 108.070 4.151
201909 3.635 108.329 4.464
201912 3.056 108.420 3.750
202003 2.950 108.902 3.604
202006 3.278 108.767 4.009
202009 3.613 109.815 4.377
202012 3.356 109.897 4.062
202103 3.164 111.754 3.766
202106 3.470 114.631 4.027
202109 3.694 115.734 4.246
202112 3.150 117.630 3.562
202203 2.933 121.301 3.217
202206 3.310 125.017 3.522
202209 3.644 125.227 3.871
202212 3.383 125.222 3.594
202303 4.357 127.348 4.551
202306 4.246 128.729 4.388
202309 4.092 129.860 4.192
202312 3.373 129.419 3.467
202403 3.645 131.776 3.680
202406 4.151 132.554 4.166
202409 4.293 133.029 4.293

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.


American States Water Co  (NYSE:AWR) 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.


American States Water Co Cyclically Adjusted PS Ratio Related Terms

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


American States Water Co Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and Bear Valley Electric Service, Inc while contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.
Executives
Anne M Holloway director
Mary Ann Hopkins director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Thomas A. Eichelberger director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Steven D Davis director
Roger M Ervin director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Sarah J Anderson director 3633 E. INLAND EMPIRE BLVD., SUITE 480, ONTARIO CA 91764
Hodges Granville R Jr officer: Vice President 2712 HARTFORD AVENUE, FULLERTON CA 92835
David R Schickling officer: Vice President Water Operation 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Susan P. Miller officer: Vice President 630 E. FOOTHILL BLVD., SAN DIMAS CA 91773
Bryan K Switzer officer: Vice President 630 EAST FOOTHILL BOULEVARD, SAN DIMAS CA 91773
Christopher H Connor officer: SVP of ASUS 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Jon Pierotti officer: Vice President Reg Affairs 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
John R Fielder director SOUTHERN CALIFORNIA EDISON CO, P O BOX 800, ROSEMEAD CA 91770
James L Anderson director 8828 N. STEMMONS FREEWAY, SUITE 106, DALLAS TX 75247
Diana M Bonta director 1056 ALVIRA STREET, LOS ANGELES CA 90035