GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison International (NYSE:EIX) » Definitions » PS Ratio

EIX (Edison International) PS Ratio : 1.82 (As of Dec. 13, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Edison International PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Edison International's share price is $81.62. Edison International's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $44.73. Hence, Edison International's PS Ratio for today is 1.82.

Warning Sign:

Edison International stock PS Ratio (=1.82) is close to 3-year high of 2

The historical rank and industry rank for Edison International's PS Ratio or its related term are showing as below:

EIX' s PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.65   Max: 2.28
Current: 1.82

During the past 13 years, Edison International's highest PS Ratio was 2.28. The lowest was 1.27. And the median was 1.65.

EIX's PS Ratio is ranked worse than
57.77% of 502 companies
in the Utilities - Regulated industry
Industry Median: 1.37 vs EIX: 1.82

Edison International's Revenue per Sharefor the three months ended in Sep. 2024 was $13.34. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $44.73.

During the past 12 months, the average Revenue per Share Growth Rate of Edison International was 3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.10% per year.

During the past 13 years, Edison International's highest 3-Year average Revenue per Share Growth Rate was 11.60% per year. The lowest was -9.10% per year. And the median was 3.90% per year.

Back to Basics: PS Ratio


Edison International PS Ratio Historical Data

The historical data trend for Edison International's 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.

Edison International PS Ratio Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.73 1.74 1.42 1.68

Edison International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.46 1.68 1.66 1.65 1.95

Competitive Comparison of Edison International's PS Ratio

For the Utilities - Regulated Electric subindustry, Edison International's PS Ratio, along with its competitors' market caps and 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.


Edison International's PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's PS Ratio distribution charts can be found below:

* The bar in red indicates where Edison International's PS Ratio falls into.



Edison International PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Edison International's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=81.62/44.729
=1.82

Edison International's Share Price of today is $81.62.
Edison International's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.73.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Edison International  (NYSE:EIX) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Edison International PS Ratio Related Terms

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


Edison International Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Executives
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Maria C. Rigatti officer: Executive Vice President & CFO 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Adam S Umanoff officer: EVP and General Counsel 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
J Andrew Murphy officer: Senior Vice President 211 CARNEGIE CENTER, PRINCETON NJ 08540
Natalie K Schilling officer: SENIOR VICE PRESIDENT 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Caroline Choi officer: Senior Vice President 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan officer: VP, CAO and Controller 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess officer: Vice President and Controller 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Marcy L. Reed director 84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573