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Edison International (MEX:EIX1) Cyclically Adjusted PS Ratio : 1.52 (As of Jun. 21, 2024)


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What is Edison International Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Edison International's current share price is MXN1136.62. Edison International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN747.09. Edison International's Cyclically Adjusted PS Ratio for today is 1.52.

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

MEX:EIX1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.53   Max: 2.07
Current: 1.54

During the past years, Edison International's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 1.13. And the median was 1.53.

MEX:EIX1's Cyclically Adjusted PS Ratio is ranked worse than
58.89% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.205 vs MEX:EIX1: 1.54

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 Mar. 2024 was MXN175.791. 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 MXN747.09 for the trailing ten years ended in Mar. 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.54 1.51 1.37 1.56 1.52

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
=1136.62/747.09
=1.52

* 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 Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=175.791/131.7762*131.7762
=175.791

Current CPI (Mar. 2024) = 131.7762.

Edison International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 118.894 100.560 155.802
201409 177.775 100.428 233.267
201412 139.654 99.070 185.759
201503 116.400 99.621 153.971
201506 139.107 100.684 182.065
201509 193.863 100.392 254.469
201512 122.351 99.792 161.565
201603 127.666 100.470 167.446
201606 155.626 101.688 201.674
201609 220.718 101.861 285.540
201612 180.180 101.863 233.093
201703 140.960 102.862 180.583
201706 162.904 103.349 207.712
201709 203.169 104.136 257.096
201712 193.985 104.011 245.768
201803 142.452 105.290 178.287
201806 169.154 106.317 209.661
201809 244.195 106.507 302.132
201812 181.232 105.998 225.307
201903 167.523 107.251 205.832
201906 165.185 108.070 201.421
201909 211.618 108.329 257.421
201912 154.735 108.420 188.068
202003 179.725 108.902 217.476
202006 183.368 108.767 222.158
202009 271.404 109.815 325.681
202012 163.966 109.897 196.610
202103 159.225 111.754 187.752
202106 173.654 114.631 199.626
202109 286.732 115.734 326.476
202112 179.821 117.630 201.447
202203 206.824 121.301 224.685
202206 210.530 125.017 221.913
202209 274.572 125.227 288.933
202212 202.839 125.222 213.456
202303 186.164 127.348 192.638
202306 176.515 128.729 180.694
202309 212.737 129.860 215.877
202312 163.394 129.419 166.369
202403 175.791 131.776 175.791

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  (MEX:EIX1) 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 (MEX:EIX1) 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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