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Enel SpA (MIL:ENEL) Cyclically Adjusted PS Ratio : 0.65 (As of Apr. 29, 2024)


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What is Enel SpA Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Enel SpA's current share price is €6.13. Enel SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €9.39. Enel SpA's Cyclically Adjusted PS Ratio for today is 0.65.

The historical rank and industry rank for Enel SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:ENEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.7   Max: 1.15
Current: 0.65

During the past years, Enel SpA's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.46. And the median was 0.70.

MIL:ENEL's Cyclically Adjusted PS Ratio is ranked better than
69.93% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs MIL:ENEL: 0.65

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.

Enel SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.165. 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 €9.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enel SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Enel SpA'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.

Enel SpA Cyclically Adjusted PS Ratio Chart

Enel SpA 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 0.88 1.06 0.87 0.53 0.72

Enel SpA 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 0.53 0.60 0.65 0.61 0.72

Competitive Comparison of Enel SpA's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Enel SpA 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.

Enel SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.13/9.39
=0.65

* 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.

Enel SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Enel SpA'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)
=2.165/119.5000*119.5000
=2.165

Current CPI (Dec. 2023) = 119.5000.

Enel SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.871 99.907 2.238
201406 1.895 100.093 2.262
201409 1.911 99.814 2.288
201412 1.856 99.721 2.224
201503 2.216 99.814 2.653
201506 1.736 100.279 2.069
201509 1.939 100.000 2.317
201512 2.028 99.814 2.428
201603 1.697 99.600 2.036
201606 1.731 99.900 2.071
201609 1.761 100.100 2.102
201612 1.767 100.300 2.105
201703 1.970 101.000 2.331
201706 1.492 101.100 1.764
201709 1.942 101.200 2.293
201712 1.846 101.200 2.180
201803 1.783 101.800 2.093
201806 1.676 102.400 1.956
201809 2.038 102.600 2.374
201812 2.018 102.300 2.357
201903 1.627 102.800 1.891
201906 2.079 103.100 2.410
201909 2.081 102.900 2.417
201912 1.488 102.800 1.730
202003 1.465 102.900 1.701
202006 1.554 102.900 1.805
202009 1.560 102.300 1.822
202012 1.745 102.600 2.032
202103 1.538 103.700 1.772
202106 2.070 104.200 2.374
202109 2.326 104.900 2.650
202112 3.415 106.600 3.828
202203 2.436 110.400 2.637
202206 3.927 112.500 4.171
202209 4.192 114.200 4.387
202212 3.430 119.000 3.444
202303 2.250 118.800 2.263
202306 2.292 119.700 2.288
202309 1.953 120.300 1.940
202312 2.165 119.500 2.165

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.


Enel SpA  (MIL:ENEL) 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.


Enel SpA Cyclically Adjusted PS Ratio Related Terms

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


Enel SpA (MIL:ENEL) Business Description

Industry
Address
Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

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