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American Water Works Co (MIL:1AWK) Cyclically Adjusted PS Ratio : 5.73 (As of May. 24, 2024)


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What is American Water Works Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), American Water Works Co's current share price is €123.20. American Water Works Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.50. American Water Works Co's Cyclically Adjusted PS Ratio for today is 5.73.

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

MIL:1AWK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.34   Med: 5.11   Max: 9.16
Current: 5.68

During the past years, American Water Works Co's highest Cyclically Adjusted PS Ratio was 9.16. The lowest was 2.34. And the median was 5.11.

MIL:1AWK's Cyclically Adjusted PS Ratio is ranked worse than
93.51% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs MIL:1AWK: 5.68

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.

American Water Works Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.770. 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 €21.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Water Works Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Water Works Co'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.

American Water Works Co Cyclically Adjusted PS Ratio Chart

American Water Works Co 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 6.60 7.99 9.04 6.84 5.71

American Water Works Co 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 6.45 6.21 5.34 5.71 5.19

Competitive Comparison of American Water Works Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, American Water Works Co'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.


American Water Works Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American Water Works Co's Cyclically Adjusted PS Ratio falls into.



American Water Works Co 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.

American Water Works Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=123.20/21.5
=5.73

* 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.

American Water Works Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Water Works Co'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)
=4.77/131.7762*131.7762
=4.770

Current CPI (Mar. 2024) = 131.7762.

American Water Works Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.091 100.560 4.051
201409 3.649 100.428 4.788
201412 3.279 99.070 4.362
201503 3.583 99.621 4.739
201506 3.871 100.684 5.066
201509 4.435 100.392 5.821
201512 3.993 99.792 5.273
201603 3.727 100.470 4.888
201606 4.135 101.688 5.358
201609 4.655 101.861 6.022
201612 4.247 101.863 5.494
201703 3.949 102.862 5.059
201706 4.196 103.349 5.350
201709 4.387 104.136 5.551
201712 3.876 104.011 4.911
201803 3.448 105.290 4.315
201806 4.079 106.317 5.056
201809 4.621 106.507 5.717
201812 4.083 105.998 5.076
201903 3.975 107.251 4.884
201906 4.313 108.070 5.259
201909 5.082 108.329 6.182
201912 4.485 108.420 5.451
202003 4.220 108.902 5.106
202006 4.568 108.767 5.534
202009 5.033 109.815 6.040
202012 4.101 109.897 4.917
202103 4.098 111.754 4.832
202106 4.556 114.631 5.237
202109 5.100 115.734 5.807
202112 4.624 117.630 5.180
202203 4.201 121.301 4.564
202206 4.870 125.017 5.133
202209 6.005 125.227 6.319
202212 4.829 125.222 5.082
202303 4.710 127.348 4.874
202306 5.192 128.729 5.315
202309 5.608 129.860 5.691
202312 4.828 129.419 4.916
202403 4.770 131.776 4.770

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.


American Water Works Co  (MIL:1AWK) 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.


American Water Works Co Cyclically Adjusted PS Ratio Related Terms

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


American Water Works Co (MIL:1AWK) Business Description

Traded in Other Exchanges
Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.

American Water Works Co (MIL:1AWK) Headlines

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