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California Water Service Group (California Water Service Group) Cyclically Adjusted Revenue per Share : $16.78 (As of Dec. 2023)


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What is California Water Service Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

California Water Service Group's adjusted revenue per share for the three months ended in Dec. 2023 was $3.715. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $16.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, California Water Service Group's average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of California Water Service Group was 5.50% per year. The lowest was 1.80% per year. And the median was 3.15% per year.

As of today (2024-04-27), California Water Service Group's current stock price is $47.93. California Water Service Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $16.78. California Water Service Group's Cyclically Adjusted PS Ratio of today is 2.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of California Water Service Group was 4.60. The lowest was 1.65. And the median was 3.06.


California Water Service Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for California Water Service Group's Cyclically Adjusted Revenue per Share 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.

California Water Service Group Cyclically Adjusted Revenue per Share Chart

California Water Service Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.03 14.52 15.63 16.48 16.78

California Water Service Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 16.65 16.75 16.84 16.78 -

Competitive Comparison of California Water Service Group's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Water subindustry, California Water Service 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.


California Water Service Group's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



California Water Service Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, California Water Service Group'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)
=3.715/129.4194*129.4194
=3.715

Current CPI (Dec. 2023) = 129.4194.

California Water Service Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.314 99.695 3.004
201406 3.312 100.560 4.263
201409 3.996 100.428 5.150
201412 2.872 99.070 3.752
201503 2.549 99.621 3.311
201506 3.015 100.684 3.875
201509 3.833 100.392 4.941
201512 2.891 99.792 3.749
201603 2.541 100.470 3.273
201606 3.178 101.688 4.045
201609 3.841 101.861 4.880
201612 3.146 101.863 3.997
201703 2.543 102.862 3.200
201706 3.564 103.349 4.463
201709 4.410 104.136 5.481
201712 3.566 104.011 4.437
201803 2.801 105.290 3.443
201806 3.639 106.317 4.430
201809 4.603 106.507 5.593
201812 3.483 105.998 4.253
201903 2.623 107.251 3.165
201906 3.719 108.070 4.454
201909 4.830 108.329 5.770
201912 3.661 108.420 4.370
202003 2.585 108.902 3.072
202006 3.586 108.767 4.267
202009 6.202 109.815 7.309
202012 3.783 109.897 4.455
202103 2.929 111.754 3.392
202106 4.172 114.631 4.710
202109 4.954 115.734 5.540
202112 3.260 117.630 3.587
202203 3.217 121.301 3.432
202206 3.815 125.017 3.949
202209 4.928 125.227 5.093
202212 3.644 125.222 3.766
202303 2.355 127.348 2.393
202306 3.420 128.729 3.438
202309 4.416 129.860 4.401
202312 3.715 129.419 3.715

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


California Water Service Group  (NYSE:CWT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

California Water Service Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.93/16.78
=2.86

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of California Water Service Group was 4.60. The lowest was 1.65. And the median was 3.06.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


California Water Service Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of California Water Service Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


California Water Service Group (California Water Service Group) Business Description

Traded in Other Exchanges
Address
1720 North First Street, San Jose, CA, USA, 95112
California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.
Executives
Thomas M Krummel director C/O CALIFORNIA WATER SERVICE GROUP, 1720 N. FIRST STREET, SAN JOSE CA 95118
Michelle R Mortensen officer: Corporate Secretary 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Jeffrey Kightlinger director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
David B Healey officer: VP, CEO and Treasurer C/O CALIFORNIA WATER SERVICE COMPANY, 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Robert J Kuta officer: VP, Engineering 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Shelly Marian Esque director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Yvonne Aida Maldonado director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Carol M Pottenger director 1720 NORTH FIRST STREET, SAN JOSE CA 95020
Gregory E Aliff director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Peter C Nelson director C/O CALIFORNIA WATER SERVICE GROUP, 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Lester A Snow director C/O CALIFORNIA WATER SERVICE GROUP, 1720 N FIRST STREET, SAN JOSE CA 95112
Patricia K Wagner director 1720 NORTH FIRST STREET, SAN JOSE CA 95020
Scott L Morris director 1411 E MISSION AVE, SPOKANE WA 99202
Shawn C Bunting officer: VP Corporate Council 1720 NORTH FIRST STREET, SAN JOSE CA 95112