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American Water Works Co (American Water Works Co) Cyclically Adjusted PS Ratio : 5.23 (As of Apr. 28, 2024)


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What is American Water Works Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), American Water Works Co's current share price is $120.78. American Water Works Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $23.10. American Water Works Co's Cyclically Adjusted PS Ratio for today is 5.23.

The historical rank and industry rank for American Water Works Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

AWK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.34   Med: 5.08   Max: 9.16
Current: 5.23

During the past years, American Water Works Co's highest Cyclically Adjusted PS Ratio was 9.16. The lowest was 2.34. And the median was 5.08.

AWK's Cyclically Adjusted PS Ratio is ranked worse than
94.31% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs AWK: 5.23

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.

American Water Works Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.265. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $23.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Water Works Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Water Works Co's Cyclically Adjusted PS Ratio 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.

American Water Works Co Cyclically Adjusted PS Ratio Chart

American Water Works Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 7.99 9.04 6.84 5.71

American Water Works 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 PS Ratio 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 6.84 6.45 6.21 5.34 5.71

Competitive Comparison of American Water Works Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, American Water Works Co'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.


American Water Works Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American Water Works Co's Cyclically Adjusted PS Ratio falls into.



American Water Works Co Cyclically Adjusted PS Ratio Calculation

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

American Water Works Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=120.78/23.1
=5.23

* 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.

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

For example, American Water Works Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.265/129.4194*129.4194
=5.265

Current CPI (Dec. 2023) = 129.4194.

American Water Works Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.784 99.695 4.912
201406 4.200 100.560 5.405
201409 4.702 100.428 6.059
201412 4.043 99.070 5.282
201503 3.878 99.621 5.038
201506 4.344 100.684 5.584
201509 4.978 100.392 6.417
201512 4.350 99.792 5.641
201603 4.151 100.470 5.347
201606 4.646 101.688 5.913
201609 5.225 101.861 6.639
201612 4.480 101.863 5.692
201703 4.223 102.862 5.313
201706 4.715 103.349 5.904
201709 5.229 104.136 6.499
201712 4.587 104.011 5.708
201803 4.251 105.290 5.225
201806 4.765 106.317 5.800
201809 5.392 106.507 6.552
201812 4.645 105.998 5.671
201903 4.492 107.251 5.421
201906 4.873 108.070 5.836
201909 5.597 108.329 6.687
201912 4.983 108.420 5.948
202003 4.663 108.902 5.542
202006 5.144 108.767 6.121
202009 5.929 109.815 6.987
202012 4.989 109.897 5.875
202103 4.879 111.754 5.650
202106 5.489 114.631 6.197
202109 6.000 115.734 6.709
202112 5.225 117.630 5.749
202203 4.626 121.301 4.936
202206 5.148 125.017 5.329
202209 5.945 125.227 6.144
202212 5.115 125.222 5.286
202303 5.043 127.348 5.125
202306 5.626 128.729 5.656
202309 5.985 129.860 5.965
202312 5.265 129.419 5.265

Add all the adjusted revenue per share together and divide 10 will get our 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.


American Water Works Co  (NYSE:AWK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


American Water Works Co Cyclically Adjusted PS Ratio Related Terms

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


American Water Works Co (American Water Works Co) Business Description

Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Executives
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Laurie P. Havanec director ONE CARRIER PLACE, FARMINGTON CT 06032
Melanie M Kennedy officer: SVP, Human Resources 1 WATER STREET, CAMDEN NJ 08102-1658
John C. Griffith officer: EVP Chief Financial Officer 1 WATER STREET, CAMDEN NJ 08102-1658
James H Gallegos officer: EVP and General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658
Cheryl Norton officer: SVP,Chief Envrn Off & East Div 1 WATER STREET, CAMDEN NJ 08102-1658
Melissa K. Wikle officer: Vice President and Controller 1 WATER STREET, CAMDEN NJ 08102-1658
Walter Lynch officer: Executive VP, Eastern Division 1 WATER STREET, CAMDEN NJ 08102-1658
Maureen Duffy officer: VP,Corp.Comm.&External Affairs 1 WATER STREET, CAMDEN NJ 08102-1658
Adam W. Noble officer: Chief Tech. & Innov. Officer 1 WATER STREET, CAMDEN NJ 08102-1658
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Bruce A Hauk officer: Pres, Reg. Ops & Military Serv 110 W. TAYLOR STREET, SAN JOSE CA 95110
Kevin B Kirwan officer: SVP, Chief Op Excel&Safety Off 1 WATER STREET, CAMDEN NJ 08102-1658
Michael A Sgro officer: Interim General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658