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NextEra Energy (MEX:NEE) Cyclically Adjusted PS Ratio : 7.35 (As of Sep. 23, 2024)


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What is NextEra Energy Cyclically Adjusted PS Ratio?

As of today (2024-09-23), NextEra Energy's current share price is MXN1617.95. NextEra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was MXN220.19. NextEra Energy's Cyclically Adjusted PS Ratio for today is 7.35.

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

MEX:NEE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.32   Med: 5.11   Max: 9.06
Current: 7.01

During the past years, NextEra Energy's highest Cyclically Adjusted PS Ratio was 9.06. The lowest was 2.32. And the median was 5.11.

MEX:NEE's Cyclically Adjusted PS Ratio is ranked worse than
95.42% of 437 companies
in the Utilities - Regulated industry
Industry Median: 1.2 vs MEX:NEE: 7.01

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.

NextEra Energy's adjusted revenue per share data for the three months ended in Jun. 2024 was MXN54.020. 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 MXN220.19 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NextEra Energy'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.

NextEra Energy Cyclically Adjusted PS Ratio Chart

NextEra Energy 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 6.11 7.82 9.06 7.64 5.27

NextEra Energy 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 6.51 4.98 5.27 5.44 6.00

Competitive Comparison of NextEra Energy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, NextEra Energy'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.


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

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

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



NextEra Energy 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.

NextEra Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1617.95/220.19
=7.35

* 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.

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

For example, NextEra Energy'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)
=54.02/132.5538*132.5538
=54.020

Current CPI (Jun. 2024) = 132.5538.

NextEra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 35.465 100.428 46.810
201412 38.946 99.070 52.109
201503 34.852 99.621 46.373
201506 38.055 100.684 50.101
201509 45.895 100.392 60.598
201512 37.852 99.792 50.279
201603 35.615 100.470 46.988
201606 37.984 101.688 49.513
201609 49.843 101.861 64.862
201612 40.445 101.863 52.631
201703 39.764 102.862 51.242
201706 42.191 103.349 54.113
201709 46.069 104.136 58.641
201712 41.309 104.011 52.645
201803 36.935 105.290 46.499
201806 42.001 106.317 52.366
201809 43.256 106.507 53.835
201812 44.792 105.998 56.014
201903 41.016 107.251 50.693
201906 49.435 108.070 60.635
201909 56.586 108.329 69.240
201912 44.022 108.420 53.821
202003 54.990 108.902 66.933
202006 49.325 108.767 60.112
202009 53.688 109.815 64.805
202012 44.331 109.897 53.471
202103 38.603 111.754 45.788
202106 39.675 114.631 45.878
202109 45.545 115.734 52.164
202112 52.415 117.630 59.065
202203 29.156 121.301 31.861
202206 52.852 125.017 56.038
202209 68.297 125.227 72.293
202212 60.280 125.222 63.810
202303 60.374 127.348 62.842
202306 62.150 128.729 63.997
202309 61.354 129.860 62.627
202312 56.834 129.419 58.210
202403 46.279 131.776 46.552
202406 54.020 132.554 54.020

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.


NextEra Energy  (MEX:NEE) 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.


NextEra Energy Cyclically Adjusted PS Ratio Related Terms

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


NextEra Energy Business Description

Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.