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Enlight Renewable Energy (XTAE:ENLT) Cyclically Adjusted PS Ratio : 12.47 (As of Sep. 22, 2024)


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What is Enlight Renewable Energy Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Enlight Renewable Energy's current share price is ₪59.38. Enlight Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₪4.76. Enlight Renewable Energy's Cyclically Adjusted PS Ratio for today is 12.47.

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

XTAE:ENLT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.79   Med: 12.99   Max: 17.42
Current: 12.48

During the past years, Enlight Renewable Energy's highest Cyclically Adjusted PS Ratio was 17.42. The lowest was 9.79. And the median was 12.99.

XTAE:ENLT's Cyclically Adjusted PS Ratio is ranked worse than
93.46% of 260 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.68 vs XTAE:ENLT: 12.48

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.

Enlight Renewable Energy's adjusted revenue per share data for the three months ended in Jun. 2024 was ₪2.545. 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 ₪4.76 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enlight Renewable Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Enlight Renewable 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.

Enlight Renewable Energy Cyclically Adjusted PS Ratio Chart

Enlight Renewable 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 - - - 14.40 14.19

Enlight Renewable 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 12.40 11.69 14.19 12.73 12.58

Competitive Comparison of Enlight Renewable Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Enlight Renewable 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.


Enlight Renewable Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Enlight Renewable 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.38/4.76
=12.47

* 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.

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

For example, Enlight Renewable 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)
=2.545/132.5538*132.5538
=2.545

Current CPI (Jun. 2024) = 132.5538.

Enlight Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.758 100.428 2.320
201412 0.871 99.070 1.165
201503 1.515 99.621 2.016
201506 1.045 100.684 1.376
201509 1.478 100.392 1.952
201512 0.203 99.792 0.270
201603 0.420 100.470 0.554
201606 0.212 101.688 0.276
201609 0.218 101.861 0.284
201612 0.217 101.863 0.282
201703 0.202 102.862 0.260
201706 0.203 103.349 0.260
201709 0.153 104.136 0.195
201712 0.273 104.011 0.348
201803 0.375 105.290 0.472
201806 0.320 106.317 0.399
201809 0.370 106.507 0.460
201812 0.423 105.998 0.529
201903 0.754 107.251 0.932
201906 0.641 108.070 0.786
201909 0.704 108.329 0.861
201912 1.177 108.420 1.439
202003 0.831 108.902 1.011
202006 0.777 108.767 0.947
202009 0.856 109.815 1.033
202012 0.837 109.897 1.010
202103 0.890 111.754 1.056
202106 0.930 114.631 1.075
202109 0.943 115.734 1.080
202112 1.575 117.630 1.775
202203 1.378 121.301 1.506
202206 1.577 125.017 1.672
202209 2.107 125.227 2.230
202212 2.209 125.222 2.338
202303 2.279 127.348 2.372
202306 1.579 128.729 1.626
202309 1.752 129.860 1.788
202312 2.223 129.419 2.277
202403 2.782 131.776 2.798
202406 2.545 132.554 2.545

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.


Enlight Renewable Energy  (XTAE:ENLT) 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.


Enlight Renewable Energy Cyclically Adjusted PS Ratio Related Terms

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


Enlight Renewable Energy Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.