GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pennon Group PLC (OTCPK:PEGRY) » Definitions » Cyclically Adjusted PS Ratio

Pennon Group (Pennon Group) Cyclically Adjusted PS Ratio : 1.48 (As of Apr. 27, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Pennon Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Pennon Group's current share price is $16.60. Pennon Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was $11.19. Pennon Group's Cyclically Adjusted PS Ratio for today is 1.48.

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

PEGRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.47   Max: 3.76
Current: 1.46

During the past 13 years, Pennon Group's highest Cyclically Adjusted PS Ratio was 3.76. The lowest was 1.29. And the median was 2.47.

PEGRY's Cyclically Adjusted PS Ratio is ranked worse than
55.35% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs PEGRY: 1.46

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.

Pennon Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was $7.363. 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 $11.19 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pennon Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pennon Group'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.

Pennon Group Cyclically Adjusted PS Ratio Chart

Pennon Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 3.34 3.20 2.40 1.93

Pennon Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.40 - 1.93 -

Competitive Comparison of Pennon Group's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, Pennon Group'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.


Pennon Group's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Pennon Group 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.

Pennon Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.60/11.19
=1.48

* 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.

Pennon Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Pennon Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=7.363/126.8000*126.8000
=7.363

Current CPI (Mar23) = 126.8000.

Pennon Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 17.838 99.300 22.778
201503 15.498 99.600 19.730
201603 14.003 100.400 17.685
201703 12.079 102.700 14.914
201803 13.948 105.100 16.828
201903 5.941 107.000 7.040
202003 5.601 108.600 6.540
202103 6.143 109.700 7.101
202203 6.653 116.500 7.241
202303 7.363 126.800 7.363

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.


Pennon Group  (OTCPK:PEGRY) 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.


Pennon Group Cyclically Adjusted PS Ratio Related Terms

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


Pennon Group (Pennon Group) Business Description

Traded in Other Exchanges
Address
Peninsula House, Rydon Lane, Exeter, Devon, GBR, EX2 7HR
Pennon Group PLC is a British water and environmental utility infrastructure company that operates mainly in the United Kingdom. It has smaller operations in the European Union, China, and other countries. The company operates through Water, Non-household retail and other segments. The water business comprises the regulated water and wastewater services undertaken by South West Water. The non-household retail business comprises the services provided by Pennon Water Services in the non-household water and wastewater retail market. Majority of revenue is derived from the water division.

Pennon Group (Pennon Group) Headlines

From GuruFocus

Pennon Group PLC's Dividend Analysis

By GuruFocus Research 01-24-2024