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Caribbean Utilities Co (TSX:CUP.U) Cyclically Adjusted PS Ratio : 1.90 (As of Apr. 28, 2024)


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What is Caribbean Utilities Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Caribbean Utilities Co's current share price is $13.80. Caribbean Utilities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.25. Caribbean Utilities Co's Cyclically Adjusted PS Ratio for today is 1.90.

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

TSX:CUP.U' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.81   Max: 2.44
Current: 1.9

During the past years, Caribbean Utilities Co's highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 1.38. And the median was 1.81.

TSX:CUP.U's Cyclically Adjusted PS Ratio is ranked worse than
63.55% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs TSX:CUP.U: 1.90

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.

Caribbean Utilities Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.977. 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 $7.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caribbean Utilities Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Caribbean Utilities 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.

Caribbean Utilities Co Cyclically Adjusted PS Ratio Chart

Caribbean Utilities 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 2.29 2.12 2.12 1.79 1.50

Caribbean Utilities 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 1.79 1.91 1.67 1.58 1.50

Competitive Comparison of Caribbean Utilities Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Caribbean Utilities 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.


Caribbean Utilities Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Caribbean Utilities Co's Cyclically Adjusted PS Ratio falls into.



Caribbean Utilities 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.

Caribbean Utilities Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.80/7.25
=1.90

* 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.

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

For example, Caribbean Utilities 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)
=1.977/129.4194*129.4194
=1.977

Current CPI (Dec. 2023) = 129.4194.

Caribbean Utilities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.809 99.695 2.348
201406 1.929 100.560 2.483
201409 2.159 100.428 2.782
201412 1.982 99.070 2.589
201503 1.651 99.621 2.145
201506 1.443 100.684 1.855
201509 1.544 100.392 1.990
201512 1.466 99.792 1.901
201603 1.217 100.470 1.568
201606 1.160 101.688 1.476
201609 1.308 101.861 1.662
201612 1.253 101.863 1.592
201703 1.165 102.862 1.466
201706 1.278 103.349 1.600
201709 1.394 104.136 1.732
201712 1.339 104.011 1.666
201803 1.248 105.290 1.534
201806 1.435 106.317 1.747
201809 1.599 106.507 1.943
201812 1.558 105.998 1.902
201903 1.419 107.251 1.712
201906 1.433 108.070 1.716
201909 1.689 108.329 2.018
201912 1.546 108.420 1.845
202003 1.377 108.902 1.636
202006 1.344 108.767 1.599
202009 1.307 109.815 1.540
202012 1.184 109.897 1.394
202103 1.047 111.754 1.212
202106 1.301 114.631 1.469
202109 1.506 115.734 1.684
202112 1.494 117.630 1.644
202203 1.382 121.301 1.474
202206 1.553 125.017 1.608
202209 2.106 125.227 2.177
202212 2.094 125.222 2.164
202303 1.887 127.348 1.918
202306 1.798 128.729 1.808
202309 1.945 129.860 1.938
202312 1.977 129.419 1.977

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.


Caribbean Utilities Co  (TSX:CUP.U) 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.


Caribbean Utilities Co Cyclically Adjusted PS Ratio Related Terms

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


Caribbean Utilities Co (TSX:CUP.U) Business Description

Traded in Other Exchanges
Address
457 North Sound Road, P.O. Box 38, Grand Cayman, CYM, KY1-1101
Caribbean Utilities Co Ltd is the sole supplier of electricity on Grand Cayman with a total installed generating capacity of 166 MW, nine transformer substations, approximately 552 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company uses diesel generation to produce electricity for Grand Cayman.

Caribbean Utilities Co (TSX:CUP.U) Headlines

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