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Capital Power (TSX:CPX) Cyclically Adjusted PS Ratio : 2.39 (As of Apr. 29, 2025)


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What is Capital Power Cyclically Adjusted PS Ratio?

As of today (2025-04-29), Capital Power's current share price is C$50.73. Capital Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was C$21.20. Capital Power's Cyclically Adjusted PS Ratio for today is 2.39.

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

TSX:CPX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.3   Max: 3.24
Current: 2.39

During the past years, Capital Power's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 1.24. And the median was 2.30.

TSX:CPX's Cyclically Adjusted PS Ratio is ranked worse than
61.15% of 260 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.595 vs TSX:CPX: 2.39

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.

Capital Power's adjusted revenue per share data for the three months ended in Dec. 2024 was C$6.383. 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 C$21.20 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Power Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Capital Power'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.

Capital Power Cyclically Adjusted PS Ratio Chart

Capital Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 2.49 2.66 1.92 3.01

Capital Power Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.92 1.88 1.88 2.32 3.01

Competitive Comparison of Capital Power's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Capital Power'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.


Capital Power's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Capital Power 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.

Capital Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.73/21.20
=2.39

* 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.

Capital Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Capital Power's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=6.383/127.3637*127.3637
=6.383

Current CPI (Dec. 2024) = 127.3637.

Capital Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 4.266 99.789 5.445
201506 0.813 100.500 1.030
201509 4.648 100.421 5.895
201512 3.354 99.947 4.274
201603 3.463 101.054 4.365
201606 2.350 102.002 2.934
201609 3.885 101.765 4.862
201612 2.804 101.449 3.520
201703 3.496 102.634 4.338
201706 2.042 103.029 2.524
201709 3.310 103.345 4.079
201712 1.912 103.345 2.356
201803 3.005 105.004 3.645
201806 3.567 105.557 4.304
201809 3.844 105.636 4.635
201812 2.715 105.399 3.281
201903 3.873 106.979 4.611
201906 3.509 107.690 4.150
201909 4.856 107.611 5.747
201912 4.559 107.769 5.388
202003 5.057 107.927 5.968
202006 4.129 108.401 4.851
202009 4.293 108.164 5.055
202012 4.327 108.559 5.077
202103 5.154 110.298 5.951
202106 3.502 111.720 3.992
202109 3.241 112.905 3.656
202112 4.614 113.774 5.165
202203 4.287 117.646 4.641
202206 6.086 120.806 6.416
202209 6.694 120.648 7.067
202212 6.804 120.964 7.164
202303 10.796 122.702 11.206
202306 7.502 124.203 7.693
202309 9.799 125.230 9.966
202312 7.238 125.072 7.371
202403 9.031 126.258 9.110
202406 5.965 127.522 5.958
202409 7.891 127.285 7.896
202412 6.383 127.364 6.383

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.


Capital Power  (TSX:CPX) 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.


Capital Power Cyclically Adjusted PS Ratio Related Terms

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


Capital Power Business Description

Address
10423 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
Executives
Bryan Deneve Senior Officer
Jacquelyn Marie Pylypiuk Senior Officer
Robert L. Phillips Director
Christopher L. Kopecky Senior Officer
Carolyn Joan Graham Director
Burness Kathryn Chisholm Senior Officer
Jane Leslie Peverett Director
Darcy Trufyn Senior Officer
Brian Tellef Vaasjo Director, Senior Officer
Sandra Anne Haskins Senior Officer

Capital Power Headlines

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