GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Energy Income & Growth Fund (AMEX:FEN) » Definitions » Cyclically Adjusted Revenue per Share

First Trust Energyome & Growth Fund (First Trust Energyome & Growth Fund) Cyclically Adjusted Revenue per Share : $0.66 (As of Nov. 2023)


View and export this data going back to 2004. Start your Free Trial

What is First Trust Energyome & Growth Fund 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.

First Trust Energyome & Growth Fund's adjusted revenue per share data for the fiscal year that ended in Nov. 2023 was $1.394. 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 $0.66 for the trailing ten years ended in Nov. 2023.

During the past 12 months, First Trust Energyome & Growth Fund's average Cyclically Adjusted Revenue Growth Rate was -50.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -21.40% 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 First Trust Energyome & Growth Fund was -19.20% per year. The lowest was -21.40% per year. And the median was -20.30% per year.

As of today (2024-05-15), First Trust Energyome & Growth Fund's current stock price is $ 16.00. First Trust Energyome & Growth Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov. 2023 was $0.66. First Trust Energyome & Growth Fund's Cyclically Adjusted PS Ratio of today is 24.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Trust Energyome & Growth Fund was 25.09. The lowest was 3.52. And the median was 10.31.


First Trust Energyome & Growth Fund Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Trust Energyome & Growth Fund'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.

First Trust Energyome & Growth Fund Cyclically Adjusted Revenue per Share Chart

First Trust Energyome & Growth Fund Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 1.36 1.34 1.34 0.66

First Trust Energyome & Growth Fund Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1.34 - 1.34 - 0.66

Competitive Comparison of First Trust Energyome & Growth Fund's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, First Trust Energyome & Growth Fund'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.


First Trust Energyome & Growth Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Energyome & Growth Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Energyome & Growth Fund's Cyclically Adjusted PS Ratio falls into.



First Trust Energyome & Growth Fund 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, First Trust Energyome & Growth Fund's adjusted Revenue per Share data for the fiscal year that ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1.394/129.5481*129.5481
=1.394

Current CPI (Nov. 2023) = 129.5481.

First Trust Energyome & Growth Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 8.930 99.635 11.611
201511 -9.515 100.135 -12.310
201611 1.630 101.829 2.074
201711 0.597 104.072 0.743
201811 1.449 106.338 1.765
201911 1.270 108.519 1.516
202011 -5.201 109.793 -6.137
202111 2.169 117.269 2.396
202211 3.430 125.607 3.538
202311 1.394 129.548 1.394

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


First Trust Energyome & Growth Fund  (AMEX:FEN) 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.

First Trust Energyome & Growth Fund's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.00/0.66
=24.24

* 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 First Trust Energyome & Growth Fund was 25.09. The lowest was 3.52. And the median was 10.31.


Be Aware

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


First Trust Energyome & Growth Fund Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of First Trust Energyome & Growth Fund's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Energyome & Growth Fund (First Trust Energyome & Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
10 Westport Road, Suite C101a, Wilton, CT, USA, 06897
First Trust Energy Income & Growth Fund is a non-diversified, closed-end management investment company. Its investment objectives are to seek a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The company focuses on investing in a portfolio of cash-generating securities of energy companies as well as in other equity securities. In order to earn high income and growth, the company invests in publicly-traded master limited partnerships (MLPs) and related public entities in the energy sector such as midstream oil and gas, coal, propane, and marine transportation.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Nandita Hogan other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
John K Tysseland other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Lisa Iantorno other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Edward Scott other: CCO - Investment Sub-Advisor 98 MILL PLAIN ROAD, SUITE 4C, DANBURY CT 06811
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Lynch Coleen D officer: Assistant Vice President FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kathleen Wieland Brown other: Officer-Investment Adviser C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Energyome & Growth Fund (First Trust Energyome & Growth Fund) Headlines