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Avista (FRA:AV6) Cyclically Adjusted PS Ratio : 1.48 (As of Dec. 15, 2024)


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What is Avista Cyclically Adjusted PS Ratio?

As of today (2024-12-15), Avista's current share price is €34.80. Avista's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €23.59. Avista's Cyclically Adjusted PS Ratio for today is 1.48.

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

FRA:AV6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.55   Max: 2.03
Current: 1.39

During the past years, Avista's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 1.01. And the median was 1.55.

FRA:AV6's Cyclically Adjusted PS Ratio is ranked better than
51.49% of 402 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs FRA:AV6: 1.39

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.

Avista's adjusted revenue per share data for the three months ended in Sep. 2024 was €4.492. 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 €23.59 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avista Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Avista'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.

Avista Cyclically Adjusted PS Ratio Chart

Avista 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 1.85 1.61 1.68 1.69 1.36

Avista 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 1.22 1.36 1.32 1.31 1.47

Competitive Comparison of Avista's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Avista'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.


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

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

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



Avista 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.

Avista's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.80/23.59
=1.48

* 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.

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

For example, Avista'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)
=4.492/133.0289*133.0289
=4.492

Current CPI (Sep. 2024) = 133.0289.

Avista Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.329 99.070 7.156
201503 6.560 99.621 8.760
201506 4.801 100.684 6.343
201509 4.458 100.392 5.907
201512 5.665 99.792 7.552
201603 5.969 100.470 7.903
201606 4.449 101.688 5.820
201609 4.202 101.861 5.488
201612 5.899 101.863 7.704
201703 6.330 102.862 8.186
201706 4.336 103.349 5.581
201709 3.841 104.136 4.907
201712 5.148 104.011 6.584
201803 5.035 105.290 6.362
201806 4.142 106.317 5.183
201809 3.842 106.507 4.799
201812 4.969 105.998 6.236
201903 5.321 107.251 6.600
201906 4.036 108.070 4.968
201909 3.883 108.329 4.768
201912 4.885 108.420 5.994
202003 5.241 108.902 6.402
202006 3.660 108.767 4.476
202009 3.387 109.815 4.103
202012 4.525 109.897 5.477
202103 4.990 111.754 5.940
202106 3.560 114.631 4.131
202109 3.588 115.734 4.124
202112 5.369 117.630 6.072
202203 5.833 121.301 6.397
202206 4.929 125.017 5.245
202209 4.953 125.227 5.262
202212 6.465 125.222 6.868
202303 5.889 127.348 6.152
202306 4.606 128.729 4.760
202309 4.634 129.860 4.747
202312 6.097 129.419 6.267
202403 7.169 131.776 7.237
202406 4.761 132.554 4.778
202409 4.492 133.029 4.492

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.


Avista  (FRA:AV6) 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.


Avista Cyclically Adjusted PS Ratio Related Terms

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


Avista Business Description

Traded in Other Exchanges
Address
1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.

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