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Consolidated Edison (BSP:E1DI34) Cyclically Adjusted Revenue per Share : R$115.43 (As of Dec. 2023)


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What is Consolidated Edison Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Consolidated Edison's adjusted revenue per share for the three months ended in Dec. 2023 was R$24.280. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$115.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Consolidated Edison's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Consolidated Edison was 5.60% per year. The lowest was -2.30% per year. And the median was 1.90% per year.

As of today (2024-05-02), Consolidated Edison's current stock price is R$238.56. Consolidated Edison's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$115.43. Consolidated Edison's Cyclically Adjusted PS Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Consolidated Edison was 2.15. The lowest was 1.05. And the median was 1.67.


Consolidated Edison Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Consolidated Edison's Cyclically Adjusted Revenue per Share 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.

Consolidated Edison Cyclically Adjusted Revenue per Share Chart

Consolidated Edison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 111.12 113.63 122.31 115.43

Consolidated Edison Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 122.31 119.06 117.53 126.91 115.43

Competitive Comparison of Consolidated Edison's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.


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

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

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



Consolidated Edison Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Consolidated Edison's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.28/129.4194*129.4194
=24.280

Current CPI (Dec. 2023) = 129.4194.

Consolidated Edison Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.978 99.695 19.444
201406 11.070 100.560 14.247
201409 13.479 100.428 17.370
201412 12.706 99.070 16.598
201503 19.325 99.621 25.105
201506 14.754 100.684 18.965
201509 22.839 100.392 29.443
201512 17.806 99.792 23.092
201603 19.795 100.470 25.499
201606 15.920 101.688 20.262
201609 18.170 101.861 23.086
201612 14.831 101.863 18.843
201703 16.480 102.862 20.735
201706 14.141 103.349 17.708
201709 16.260 104.136 20.208
201712 15.630 104.011 19.448
201803 17.700 105.290 21.756
201806 14.134 106.317 17.205
201809 21.892 106.507 26.602
201812 18.126 105.998 22.131
201903 20.866 107.251 25.179
201906 16.069 108.070 19.244
201909 20.801 108.329 24.851
201912 18.181 108.420 21.702
202003 23.613 108.902 28.062
202006 21.056 108.767 25.054
202009 26.831 109.815 31.621
202012 22.540 109.897 26.544
202103 30.204 111.754 34.978
202106 21.577 114.631 24.361
202109 26.932 115.734 30.117
202112 27.192 117.630 29.917
202203 28.449 121.301 30.353
202206 24.245 125.017 25.099
202209 30.682 125.227 31.709
202212 29.689 125.222 30.684
202303 32.374 127.348 32.901
202306 20.566 128.729 20.676
202309 27.594 129.860 27.500
202312 24.280 129.419 24.280

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Consolidated Edison  (BSP:E1DI34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Consolidated Edison's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=238.56/115.43
=2.07

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Consolidated Edison was 2.15. The lowest was 1.05. And the median was 1.67.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Consolidated Edison Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Consolidated Edison's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Consolidated Edison (BSP:E1DI34) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

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