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Edison International (FRA:EIX) Cyclically Adjusted PS Ratio : 1.71 (As of Sep. 21, 2024)


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What is Edison International Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Edison International's current share price is €75.10. Edison International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €43.86. Edison International's Cyclically Adjusted PS Ratio for today is 1.71.

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

FRA:EIX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.56   Max: 2.07
Current: 1.83

During the past years, Edison International's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 1.20. And the median was 1.56.

FRA:EIX's Cyclically Adjusted PS Ratio is ranked worse than
64.3% of 437 companies
in the Utilities - Regulated industry
Industry Median: 1.21 vs FRA:EIX: 1.83

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.

Edison International's adjusted revenue per share data for the three months ended in Jun. 2024 was €10.382. 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 €43.86 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edison International'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.

Edison International Cyclically Adjusted PS Ratio Chart

Edison International 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 1.93 1.58 1.61 1.41 1.56

Edison International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.51 1.37 1.56 1.52 1.54

Competitive Comparison of Edison International's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Edison International'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.


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

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

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



Edison International 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.

Edison International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.10/43.86
=1.71

* 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.

Edison International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Edison International's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=10.382/132.5538*132.5538
=10.382

Current CPI (Jun. 2024) = 132.5538.

Edison International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 10.274 100.428 13.561
201412 7.679 99.070 10.274
201503 7.055 99.621 9.387
201506 7.899 100.684 10.399
201509 10.222 100.392 13.497
201512 6.532 99.792 8.676
201603 6.660 100.470 8.787
201606 7.489 101.688 9.762
201609 10.171 101.861 13.236
201612 8.285 101.863 10.781
201703 7.000 102.862 9.021
201706 8.021 103.349 10.288
201709 9.393 104.136 11.956
201712 8.346 104.011 10.636
201803 6.359 105.290 8.006
201806 7.369 106.317 9.188
201809 11.188 106.507 13.924
201812 8.113 105.998 10.146
201903 7.643 107.251 9.446
201906 7.610 108.070 9.334
201909 9.733 108.329 11.909
201912 7.384 108.420 9.028
202003 6.937 108.902 8.444
202006 7.054 108.767 8.597
202009 10.431 109.815 12.591
202012 6.776 109.897 8.173
202103 6.543 111.754 7.761
202106 7.241 114.631 8.373
202109 11.853 115.734 13.576
202112 7.758 117.630 8.742
202203 9.432 121.301 10.307
202206 9.900 125.017 10.497
202209 13.787 125.227 14.594
202212 9.822 125.222 10.397
202303 9.646 127.348 10.040
202306 9.503 128.729 9.785
202309 11.444 129.860 11.681
202312 8.827 129.419 9.041
202403 9.745 131.776 9.803
202406 10.382 132.554 10.382

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.


Edison International  (FRA:EIX) 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.


Edison International Cyclically Adjusted PS Ratio Related Terms

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


Edison International Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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