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Capital Power (Capital Power) Cyclically Adjusted PS Ratio : 1.68 (As of May. 01, 2024)


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What is Capital Power Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Capital Power's current share price is $25.165. Capital Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.94. Capital Power's Cyclically Adjusted PS Ratio for today is 1.68.

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

CPXWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.34   Max: 3.24
Current: 1.78

During the past years, Capital Power's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 1.24. And the median was 2.34.

CPXWF's Cyclically Adjusted PS Ratio is ranked better than
50% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.795 vs CPXWF: 1.78

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.

Capital Power's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.395. 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 $14.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Power Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Capital Power'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.

Capital Power Cyclically Adjusted PS Ratio Chart

Capital Power 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 1.81 2.32 2.49 2.66 1.91

Capital Power 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 2.66 2.28 2.24 1.95 1.91

Competitive Comparison of Capital Power's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Capital Power'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.


Capital Power's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Capital Power 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.

Capital Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.165/14.94
=1.68

* 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.

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

For example, Capital Power'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)
=5.395/125.4675*125.4675
=5.395

Current CPI (Dec. 2023) = 125.4675.

Capital Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.415 98.604 4.345
201406 2.696 99.473 3.401
201409 2.216 99.394 2.797
201412 4.446 98.367 5.671
201503 3.381 99.789 4.251
201506 0.658 100.500 0.821
201509 3.503 100.421 4.377
201512 2.446 99.947 3.071
201603 2.618 101.054 3.250
201606 1.823 102.002 2.242
201609 2.964 101.765 3.654
201612 2.102 101.449 2.600
201703 2.611 102.634 3.192
201706 1.536 103.029 1.871
201709 2.696 103.345 3.273
201712 1.497 103.345 1.817
201803 2.323 105.004 2.776
201806 2.718 105.557 3.231
201809 2.949 105.636 3.503
201812 2.020 105.399 2.405
201903 2.896 106.979 3.396
201906 2.641 107.690 3.077
201909 3.667 107.611 4.275
201912 3.462 107.769 4.031
202003 3.622 107.927 4.211
202006 3.047 108.401 3.527
202009 3.245 108.164 3.764
202012 3.378 108.559 3.904
202103 4.100 110.298 4.664
202106 2.866 111.720 3.219
202109 2.558 112.905 2.843
202112 3.605 113.774 3.976
202203 3.386 117.646 3.611
202206 4.753 120.806 4.936
202209 5.018 120.648 5.218
202212 5.009 120.964 5.195
202303 7.890 122.702 8.068
202306 5.646 124.203 5.703
202309 7.242 125.230 7.256
202312 5.395 125.468 5.395

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.


Capital Power  (OTCPK:CPXWF) 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.


Capital Power Cyclically Adjusted PS Ratio Related Terms

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


Capital Power (Capital Power) Business Description

Address
10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (Capital Power) Headlines