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Black Hills (STU:BHI) Cyclically Adjusted Revenue per Share : €34.23 (As of Mar. 2025)


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What is Black Hills 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.

Black Hills's adjusted revenue per share for the three months ended in Mar. 2025 was €10.373. 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 €34.23 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Black Hills's average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Black Hills was 34.20% per year. The lowest was -9.50% per year. And the median was 4.40% per year.

As of today (2025-07-02), Black Hills's current stock price is €47.32. Black Hills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €34.23. Black Hills's Cyclically Adjusted PS Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Black Hills was 2.65. The lowest was 1.29. And the median was 1.93.


Black Hills Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Black Hills'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.

Black Hills Cyclically Adjusted Revenue per Share Chart

Black Hills Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 29.13 33.75 33.38 34.95

Black Hills Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 33.99 33.85 33.07 34.95 34.23

Competitive Comparison of Black Hills's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, Black Hills'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.


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

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

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


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Black Hills 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, Black Hills's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.373/134.9266*134.9266
=10.373

Current CPI (Mar. 2025) = 134.9266.

Black Hills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.437 100.684 7.286
201509 5.432 100.392 7.301
201512 5.330 99.792 7.207
201603 7.792 100.470 10.464
201606 5.466 101.688 7.253
201609 5.535 101.861 7.332
201612 7.488 101.863 9.919
201703 9.320 102.862 12.225
201706 5.493 103.349 7.171
201709 5.080 104.136 6.582
201712 7.031 104.011 9.121
201803 8.622 105.290 11.049
201806 5.585 106.317 7.088
201809 5.034 106.507 6.377
201812 7.541 105.998 9.599
201903 8.809 107.251 11.082
201906 4.876 108.070 6.088
201909 4.838 108.329 6.026
201912 6.995 108.420 8.705
202003 7.857 108.902 9.735
202006 4.636 108.767 5.751
202009 4.698 109.815 5.772
202012 6.380 109.897 7.833
202103 8.487 111.754 10.247
202106 4.915 114.631 5.785
202109 5.100 115.734 5.946
202112 7.771 117.630 8.914
202203 11.554 121.301 12.852
202206 6.914 125.017 7.462
202209 7.182 125.227 7.738
202212 11.418 125.222 12.303
202303 13.017 127.348 13.792
202306 5.692 128.729 5.966
202309 5.660 129.860 5.881
202312 7.944 129.419 8.282
202403 9.785 131.776 10.019
202406 5.421 132.554 5.518
202409 5.125 133.029 5.198
202412 7.953 133.157 8.059
202503 10.373 134.927 10.373

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


Black Hills  (STU:BHI) 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.

Black Hills's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.32/34.23
=1.38

* 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 Black Hills was 2.65. The lowest was 1.29. And the median was 1.93.


Be Aware

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


Black Hills Cyclically Adjusted Revenue per Share Related Terms

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


Black Hills Business Description

Industry
Traded in Other Exchanges
Address
7001 Mount Rushmore Road, Rapid City, SD, USA, 57702
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from gas utilities.

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