GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Emera Inc (TSX:EMA) » Definitions » Cyclically Adjusted PS Ratio

Emera (TSX:EMA) Cyclically Adjusted PS Ratio : 2.08 (As of May. 22, 2025)


View and export this data going back to 1999. Start your Free Trial

What is Emera Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Emera's current share price is C$61.23. Emera's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was C$29.49. Emera's Cyclically Adjusted PS Ratio for today is 2.08.

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

TSX:EMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.38   Max: 3.08
Current: 2.1

During the past years, Emera's highest Cyclically Adjusted PS Ratio was 3.08. The lowest was 1.56. And the median was 2.38.

TSX:EMA's Cyclically Adjusted PS Ratio is ranked worse than
62.41% of 399 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs TSX:EMA: 2.10

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.

Emera's adjusted revenue per share data for the three months ended in Mar. 2025 was C$9.001. 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$29.49 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emera Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Emera'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.

Emera Cyclically Adjusted PS Ratio Chart

Emera 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 2.33 2.57 1.92 1.76 1.86

Emera Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.67 1.58 1.84 1.86 2.06

Competitive Comparison of Emera's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Emera'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.


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

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

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


;
;

Emera 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.

Emera's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.23/29.49
=2.08

* 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.

Emera's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Emera's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.001/129.1809*129.1809
=9.001

Current CPI (Mar. 2025) = 129.1809.

Emera Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.609 100.500 4.639
201509 4.371 100.421 5.623
201512 4.946 99.947 6.393
201603 5.874 101.054 7.509
201606 3.320 102.002 4.205
201609 7.588 101.765 9.632
201612 7.472 101.449 9.515
201703 8.751 102.634 11.015
201706 6.881 103.029 8.628
201709 6.628 103.345 8.285
201712 6.835 103.345 8.544
201803 7.806 105.004 9.603
201806 6.110 105.557 7.477
201809 6.356 105.636 7.773
201812 7.662 105.399 9.391
201903 7.671 106.979 9.263
201906 5.746 107.690 6.893
201909 5.359 107.611 6.433
201912 6.642 107.769 7.962
202003 6.676 107.927 7.991
202006 4.714 108.401 5.618
202009 4.676 108.164 5.585
202012 6.198 108.559 7.375
202103 6.351 110.298 7.438
202106 4.445 111.720 5.140
202109 4.441 112.905 5.081
202112 7.108 113.774 8.071
202203 7.682 117.646 8.435
202206 5.219 120.806 5.581
202209 6.883 120.648 7.370
202212 8.763 120.964 9.358
202303 8.978 122.702 9.452
202306 5.202 124.203 5.410
202309 6.355 125.230 6.555
202312 7.058 125.072 7.290
202403 7.076 126.258 7.240
202406 5.626 127.522 5.699
202409 6.212 127.285 6.305
202412 6.007 127.364 6.093
202503 9.001 129.181 9.001

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.


Emera  (TSX:EMA) 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.


Emera Cyclically Adjusted PS Ratio Related Terms

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


Emera Business Description

Industry
Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.
Executives
Scott Carlyle Balfour Director, Senior Officer
Carla Tully Director
Brian J Porter Director
David Arthur Pickles Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Karen Sheriff Director
Sandra Greer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ian Edward Robertson Director
Robert Ross Bennett Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
R. Michael Roberts Senior Officer
James Vance Bertram Director
Daniel Muldoon Senior Officer
James Lee Bragg Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Judy Ann Steele Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Mark Sidebottom Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Holden Gregg Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Emera Headlines

No Headlines