Atmos Energy (MEX:ATO) Cyclically Adjusted Revenue per Share: MXN534.12 (As of Mar. 2026)

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MEX:ATO Atmos Energy Corp MEX:ATO
85 GF Score
Price MXN3,033.00
GF Value MXN2,744.06
! 6 Warning Signs
View Full Analysis

What is Atmos Energy Cyclically Adjusted Revenue per Share?

Atmos Energy MEX:ATO 85 Cyclically Adjusted Revenue per Share is MXN534.12 as of Mar. 2026. GuruFocus rates MEX:ATO with a GF Score™ of 85/100 and a GF Value™ of MXN2,744.06. The stock has 6 warning signs investors should review.

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.

Atmos Energy's adjusted revenue per share for the three months ended in Mar. 2026 was MXN210.875. 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 MXN534.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Atmos Energy's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% 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 Atmos Energy was 6.60% per year. The lowest was -9.80% per year. And the median was -1.30% per year.

As of today (2026-08-03), Atmos Energy's current stock price is MXN3033.00. Atmos Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN534.12. Atmos Energy's Cyclically Adjusted PS Ratio of today is 5.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Atmos Energy was 5.90. The lowest was 1.32. And the median was 2.83.


Atmos Energy  (MEX:ATO) 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.

Atmos Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3033.00/534.12
=5.68

* 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 Atmos Energy was 5.90. The lowest was 1.32. And the median was 2.83.


Be Aware

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


Atmos Energy Cyclically Adjusted Revenue per Share Related Terms


Atmos Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Atmos Energy'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.

Atmos Energy Cyclically Adjusted Revenue per Share Chart

Atmos Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 570.36

Atmos Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 570.36 578.08 534.12

MEX:ATO vs NI, UGI, SWX: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Gas subindustry, Atmos 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.


Atmos Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


MEX:ATO
85GF Score
Atmos Energy Corp MEX:ATO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atmos Energy 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, Atmos Energy's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=210.875/330.2130*330.2130
=210.875

Current CPI (Mar. 2026) = 330.2130.

Atmos Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 81.320 241.018 111.415
201609 80.095 241.428 109.550
201612 152.775 241.432 208.954
201703 175.641 243.801 237.895
201706 89.476 244.955 120.619
201709 78.984 246.819 105.671
201712 160.857 246.524 215.464
201803 198.322 249.554 262.422
201806 98.773 251.989 129.435
201809 74.317 252.439 97.213
201812 151.410 251.233 199.009
201903 180.321 254.202 234.240
201906 78.785 256.143 101.568
201909 73.100 256.759 94.013
201912 136.068 256.974 174.848
202003 186.381 258.115 238.442
202006 92.491 257.797 118.472
202009 84.540 260.280 107.255
202012 143.197 260.474 181.536
202103 208.751 264.877 260.243
202106 91.676 271.696 111.421
202109 88.775 274.310 106.867
202112 155.408 278.802 184.065
202203 239.341 287.504 274.895
202206 117.131 296.311 130.532
202209 102.930 296.808 114.515
202212 203.839 296.797 226.789
202303 192.907 301.836 211.043
202306 77.785 305.109 84.185
202309 68.851 307.789 73.867
202312 131.273 306.746 141.316
202403 180.690 312.332 191.034
202406 83.786 314.175 88.063
202409 82.954 315.301 86.877
202412 155.403 315.605 162.596
202503 248.736 319.799 256.836
202506 97.992 322.561 100.317
202509 83.049 324.800 84.433
202512 146.625 324.054 149.412
202603 210.875 330.213 210.875

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

What does a Cyclically Adjusted Revenue per Share of MXN534.12 mean?
Atmos Energy (MEX:ATO) has a Cyclically Adjusted Revenue per Share of MXN534.12 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Atmos Energy and its competitors.
Is Atmos Energy's Cyclically Adjusted Revenue per Share too high?
Atmos Energy's current Cyclically Adjusted Revenue per Share is MXN534.12. Overall, Atmos Energy has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Atmos Energy's Cyclically Adjusted Revenue per Share compare to NI and UGI?
Atmos Energy's Cyclically Adjusted Revenue per Share of MXN534.12 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Atmos Energy and its competitors. Atmos Energy's current Cyclically Adjusted Revenue per Share is MXN534.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atmos Energy stock overvalued right now?
Atmos Energy (MEX:ATO) has a current Cyclically Adjusted Revenue per Share of MXN534.12. The stock's GF Value™ is MXN2,744.06, compared to a current price of MXN3,033.00 — trading 10.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN534.12. Atmos Energy's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Atmos Energy (MEX:ATO), the current Cyclically Adjusted Revenue per Share is MXN534.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Atmos Energy (MEX:ATO) Overvalued in 2026?

Based on GuruFocus' analysis, Atmos Energy stock appears to be overvalued. The current stock price of MXN3,033.00 is trading 10.5% above its estimated GF Value™ of MXN2,744.06.

Key valuation signals for MEX:ATO:

  • Cyclically Adjusted Revenue per Share: MXN534.12
  • GF Value™: MXN2,744.06 vs. price of MXN3,033.00 (10.5% above fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the MEX:ATO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atmos Energy Business Description

Address 5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3.3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
85GF Score

Get the complete analysis for MEX:ATO

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,033.00
Price
MXN2,744.06
GF Value