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PG&E (WBO:PCG) Cyclically Adjusted Revenue per Share : €28.78 (As of Mar. 2024)


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What is PG&E 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.

PG&E's adjusted revenue per share for the three months ended in Mar. 2024 was €2.521. 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 €28.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PG&E's average Cyclically Adjusted Revenue Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% 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 PG&E was 9.80% per year. The lowest was -4.70% per year. And the median was 0.80% per year.

As of today (2024-05-22), PG&E's current stock price is €17.204. PG&E's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €28.78. PG&E's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PG&E was 1.81. The lowest was 0.13. And the median was 0.68.


PG&E Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PG&E'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.

PG&E Cyclically Adjusted Revenue per Share Chart

PG&E 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 - - - 31.49 28.43

PG&E 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 30.53 30.10 30.80 28.43 28.78

Competitive Comparison of PG&E's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, PG&E'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.


PG&E's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



PG&E 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, PG&E'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)
=2.521/131.7762*131.7762
=2.521

Current CPI (Mar. 2024) = 131.7762.

PG&E Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.202 100.560 8.127
201409 8.086 100.428 10.610
201412 7.340 99.070 9.763
201503 7.490 99.621 9.908
201506 7.779 100.684 10.181
201509 8.290 100.392 10.882
201512 7.712 99.792 10.184
201603 7.209 100.470 9.455
201606 7.451 101.688 9.656
201609 8.520 101.861 11.022
201612 8.847 101.863 11.445
201703 7.809 102.862 10.004
201706 7.373 103.349 9.401
201709 7.345 104.136 9.295
201712 6.727 104.011 8.523
201803 6.375 105.290 7.979
201806 7.024 106.317 8.706
201809 7.262 106.507 8.985
201812 6.910 105.998 8.590
201903 6.736 107.251 8.276
201906 6.597 108.070 8.044
201909 7.607 108.329 9.253
201912 8.085 108.420 9.827
202003 6.014 108.902 7.277
202006 7.609 108.767 9.219
202009 1.937 109.815 2.324
202012 1.966 109.897 2.357
202103 1.859 111.754 2.192
202106 2.017 114.631 2.319
202109 2.340 115.734 2.664
202112 2.339 117.630 2.620
202203 2.467 121.301 2.680
202206 2.261 125.017 2.383
202209 2.555 125.227 2.689
202212 2.378 125.222 2.502
202303 2.720 127.348 2.815
202306 2.283 128.729 2.337
202309 2.578 129.860 2.616
202312 3.020 129.419 3.075
202403 2.521 131.776 2.521

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


PG&E  (WBO:PCG) 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.

PG&E's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.204/28.78
=0.60

* 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 PG&E was 1.81. The lowest was 0.13. And the median was 0.68.


Be Aware

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


PG&E Cyclically Adjusted Revenue per Share Related Terms

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


PG&E (WBO:PCG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PG&E Corp (WBO:PCG) » Definitions » Cyclically Adjusted Revenue per Share
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Address
300 Lakeside Drive, Oakland, CA, USA, 94612
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.