GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (LTS:0KEJ) » Definitions » Cyclically Adjusted Revenue per Share

PPL (LTS:0KEJ) Cyclically Adjusted Revenue per Share : $12.07 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is PPL 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.

PPL's adjusted revenue per share for the three months ended in Mar. 2024 was $3.118. 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 $12.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PPL's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.70% 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 PPL was 8.80% per year. The lowest was -8.50% per year. And the median was 1.90% per year.

As of today (2024-06-20), PPL's current stock price is $27.9439. PPL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.07. PPL's Cyclically Adjusted PS Ratio of today is 2.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PPL was 2.61. The lowest was 1.30. And the median was 1.98.


PPL Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PPL'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.

PPL Cyclically Adjusted Revenue per Share Chart

PPL 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 15.11 13.00 12.50 11.77 11.71

PPL 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 11.70 11.32 11.24 11.71 12.07

Competitive Comparison of PPL's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, PPL'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.


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

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

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



PPL 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, PPL'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)
=3.118/131.7762*131.7762
=3.118

Current CPI (Mar. 2024) = 131.7762.

PPL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.777 100.560 3.639
201409 2.820 100.428 3.700
201412 2.916 99.070 3.879
201503 3.335 99.621 4.411
201506 2.653 100.684 3.472
201509 2.788 100.392 3.660
201512 2.631 99.792 3.474
201603 2.963 100.470 3.886
201606 2.622 101.688 3.398
201609 2.777 101.861 3.593
201612 2.687 101.863 3.476
201703 2.856 102.862 3.659
201706 2.513 103.349 3.204
201709 2.679 104.136 3.390
201712 2.787 104.011 3.531
201803 3.058 105.290 3.827
201806 2.636 106.317 3.267
201809 2.635 106.507 3.260
201812 2.665 105.998 3.313
201903 2.848 107.251 3.499
201906 2.467 108.070 3.008
201909 2.644 108.329 3.216
201912 -0.282 108.420 -0.343
202003 1.873 108.902 2.266
202006 1.642 108.767 1.989
202009 1.819 109.815 2.183
202012 1.781 109.897 2.136
202103 1.944 111.754 2.292
202106 1.674 114.631 1.924
202109 1.964 115.734 2.236
202112 1.972 117.630 2.209
202203 2.421 121.301 2.630
202206 2.302 125.017 2.426
202209 2.895 125.227 3.046
202212 3.105 125.222 3.268
202303 3.274 127.348 3.388
202306 2.470 128.729 2.528
202309 2.768 129.860 2.809
202312 2.750 129.419 2.800
202403 3.118 131.776 3.118

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


PPL  (LTS:0KEJ) 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.

PPL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.9439/12.07
=2.32

* 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 PPL was 2.61. The lowest was 1.30. And the median was 1.98.


Be Aware

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


PPL Cyclically Adjusted Revenue per Share Related Terms

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


PPL (LTS:0KEJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (LTS:0KEJ) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Two North Ninth Street, Allentown, PA, USA, 18101-1179
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.

PPL (LTS:0KEJ) Headlines

No Headlines