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Southwest Gas Holdings (FRA:SZR) Cyclically Adjusted Revenue per Share : €64.88 (As of Mar. 2024)


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What is Southwest Gas Holdings 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.

Southwest Gas Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was €20.234. 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 €64.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southwest Gas Holdings's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 Southwest Gas Holdings was 8.80% per year. The lowest was -4.70% per year. And the median was 1.30% per year.

As of today (2024-06-05), Southwest Gas Holdings's current stock price is €68.50. Southwest Gas Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €64.88. Southwest Gas Holdings's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southwest Gas Holdings was 1.81. The lowest was 0.82. And the median was 1.25.


Southwest Gas Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Southwest Gas Holdings'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.

Southwest Gas Holdings Cyclically Adjusted Revenue per Share Chart

Southwest Gas Holdings 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 45.81 43.55 51.24 61.37 62.37

Southwest Gas Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 60.84 62.00 65.27 62.37 64.88

Competitive Comparison of Southwest Gas Holdings's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.


Southwest Gas Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Southwest Gas Holdings 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, Southwest Gas Holdings'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)
=20.234/131.7762*131.7762
=20.234

Current CPI (Mar. 2024) = 131.7762.

Southwest Gas Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.104 100.560 9.309
201409 7.146 100.428 9.377
201412 10.833 99.070 14.409
201503 14.423 99.621 19.078
201506 10.148 100.684 13.282
201509 9.560 100.392 12.549
201512 13.177 99.792 17.400
201603 13.748 100.470 18.032
201606 10.196 101.688 13.213
201609 10.059 101.861 13.013
201612 12.710 101.863 16.442
201703 12.790 102.862 16.385
201706 10.417 103.349 13.282
201709 10.371 104.136 13.124
201712 12.735 104.011 16.135
201803 12.624 105.290 15.800
201806 11.749 106.317 14.563
201809 11.555 106.507 14.297
201812 13.558 105.998 16.855
201903 13.808 107.251 16.966
201906 11.685 108.070 14.248
201909 12.028 108.329 14.631
201912 13.864 108.420 16.851
202003 13.671 108.902 16.543
202006 12.109 108.767 14.671
202009 11.920 109.815 14.304
202012 13.172 109.897 15.794
202103 12.902 111.754 15.214
202106 11.613 114.631 13.350
202109 12.629 115.734 14.380
202112 15.782 117.630 17.680
202203 18.911 121.301 20.544
202206 16.172 125.017 17.046
202209 16.928 125.227 17.813
202212 19.954 125.222 20.998
202303 21.887 127.348 22.648
202306 16.648 128.729 17.042
202309 15.251 129.860 15.476
202312 17.433 129.419 17.750
202403 20.234 131.776 20.234

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


Southwest Gas Holdings  (FRA:SZR) 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.

Southwest Gas Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.50/64.88
=1.06

* 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 Southwest Gas Holdings was 1.81. The lowest was 0.82. And the median was 1.25.


Be Aware

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


Southwest Gas Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Southwest Gas Holdings (FRA:SZR) Business Description

Traded in Other Exchanges
Address
8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510
Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.

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