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American States Water Co (American States Water Co) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is American States Water Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


American States Water Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American States Water Co's Cyclically Adjusted Price-to-FCF 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.

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American States Water Co Cyclically Adjusted Price-to-FCF Chart

American States Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.96 91.28 121.46 214.28 -

American States Water Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 214.28 402.02 631.71 - -

Competitive Comparison of American States Water Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, American States Water Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


American States Water Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American States Water Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American States Water Co's Cyclically Adjusted Price-to-FCF falls into.



American States Water Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

American States Water Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American States Water Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.111/129.4194*129.4194
=-1.111

Current CPI (Dec. 2023) = 129.4194.

American States Water Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.524 99.695 0.680
201406 0.894 100.560 1.151
201409 0.285 100.428 0.367
201412 0.631 99.070 0.824
201503 0.549 99.621 0.713
201506 0.203 100.684 0.261
201509 -0.068 100.392 -0.088
201512 -0.499 99.792 -0.647
201603 -0.049 100.470 -0.063
201606 -0.408 101.688 -0.519
201609 -0.152 101.861 -0.193
201612 -0.286 101.863 -0.363
201703 0.110 102.862 0.138
201706 0.693 103.349 0.868
201709 0.347 104.136 0.431
201712 -0.295 104.011 -0.367
201803 0.145 105.290 0.178
201806 0.025 106.317 0.030
201809 0.400 106.507 0.486
201812 -0.294 105.998 -0.359
201903 -0.303 107.251 -0.366
201906 -0.685 108.070 -0.820
201909 0.262 108.329 0.313
201912 -0.224 108.420 -0.267
202003 -0.484 108.902 -0.575
202006 0.042 108.767 0.050
202009 0.252 109.815 0.297
202012 -0.034 109.897 -0.040
202103 -0.336 111.754 -0.389
202106 -0.610 114.631 -0.689
202109 0.276 115.734 0.309
202112 -0.112 117.630 -0.123
202203 0.077 121.301 0.082
202206 -0.608 125.017 -0.629
202209 -0.337 125.227 -0.348
202212 -0.440 125.222 -0.455
202303 -1.144 127.348 -1.163
202306 -0.769 128.729 -0.773
202309 -0.235 129.860 -0.234
202312 -1.111 129.419 -1.111

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


American States Water Co  (NYSE:AWR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


American States Water Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of American States Water Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


American States Water Co (American States Water Co) Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.
Executives
Anne M Holloway director
Steven D Davis director
Thomas A. Eichelberger director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Roger M Ervin director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Sarah J Anderson director 3633 E. INLAND EMPIRE BLVD., SUITE 480, ONTARIO CA 91764
Hodges Granville R Jr officer: Vice President 2712 HARTFORD AVENUE, FULLERTON CA 92835
David R Schickling officer: Vice President Water Operation 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Susan P. Miller officer: Vice President 630 E. FOOTHILL BLVD., SAN DIMAS CA 91773
Bryan K Switzer officer: Vice President 630 EAST FOOTHILL BOULEVARD, SAN DIMAS CA 91773
Christopher H Connor officer: SVP of ASUS 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Jon Pierotti officer: Vice President Reg Affairs 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
John R Fielder director SOUTHERN CALIFORNIA EDISON CO, P O BOX 800, ROSEMEAD CA 91770
James L Anderson director 8828 N. STEMMONS FREEWAY, SUITE 106, DALLAS TX 75247
Diana M Bonta director 1056 ALVIRA STREET, LOS ANGELES CA 90035
Eva G Tang officer: Vice President 1544 MANOR GATE DRIVE, HACIENDA HEIGHTS CA 91745-3833