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Evergy (BSP:E1VR34) Cyclically Adjusted PS Ratio : 2.26 (As of May. 28, 2024)


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What is Evergy Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Evergy's current share price is R$134.93. Evergy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$59.71. Evergy's Cyclically Adjusted PS Ratio for today is 2.26.

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

BSP:E1VR34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.64   Max: 3.59
Current: 2.13

During the past years, Evergy's highest Cyclically Adjusted PS Ratio was 3.59. The lowest was 1.48. And the median was 2.64.

BSP:E1VR34's Cyclically Adjusted PS Ratio is ranked worse than
70.11% of 445 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs BSP:E1VR34: 2.13

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.

Evergy's adjusted revenue per share data for the three months ended in Mar. 2024 was R$14.384. 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 R$59.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evergy'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.

Evergy Cyclically Adjusted PS Ratio Chart

Evergy 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 3.21 2.70 3.09 2.63 2.12

Evergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.51 2.38 2.04 2.12 2.13

Competitive Comparison of Evergy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Evergy'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.


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

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

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



Evergy 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.

Evergy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=134.93/59.71
=2.26

* 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.

Evergy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Evergy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.384/131.7762*131.7762
=14.384

Current CPI (Mar. 2024) = 131.7762.

Evergy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.190 100.560 6.801
201409 6.714 100.428 8.810
201412 5.849 99.070 7.780
201503 6.847 99.621 9.057
201506 6.675 100.684 8.736
201509 10.083 100.392 13.235
201512 7.431 99.792 9.813
201603 7.399 100.470 9.704
201606 7.465 101.688 9.674
201609 8.724 101.861 11.286
201612 7.125 101.863 9.217
201703 6.275 102.862 8.039
201706 7.040 103.349 8.976
201709 8.730 104.136 11.047
201712 6.857 104.011 8.687
201803 6.896 105.290 8.631
201806 9.307 106.317 11.536
201809 12.095 106.507 14.965
201812 8.878 105.998 11.037
201903 9.237 107.251 11.349
201906 9.676 108.070 11.799
201909 13.827 108.329 16.820
201912 10.177 108.420 12.369
202003 11.992 108.902 14.511
202006 13.503 108.767 16.359
202009 18.011 109.815 21.613
202012 12.374 109.897 14.838
202103 19.954 111.754 23.529
202106 13.531 114.631 15.555
202109 18.535 115.734 21.104
202112 13.764 117.630 15.419
202203 13.229 121.301 14.371
202206 15.845 125.017 16.702
202209 21.705 125.227 22.840
202212 14.598 125.222 15.362
202303 14.665 127.348 15.175
202306 14.258 128.729 14.596
202309 17.883 129.860 18.147
202312 12.626 129.419 12.856
202403 14.384 131.776 14.384

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.


Evergy  (BSP:E1VR34) 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.


Evergy Cyclically Adjusted PS Ratio Related Terms

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


Evergy (BSP:E1VR34) Business Description

Traded in Other Exchanges
Address
1200 Main Street, Kansas City, MO, USA, 64105
Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The utility has a combined rate base of approximately $19 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the U.S.

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