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Enlight Renewable Energy (Enlight Renewable Energy) Cyclically Adjusted PS Ratio : 13.57 (As of May. 26, 2024)


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What is Enlight Renewable Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Enlight Renewable Energy's current share price is $17.51. Enlight Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.29. Enlight Renewable Energy's Cyclically Adjusted PS Ratio for today is 13.57.

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

ENLT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.11   Med: 13.59   Max: 18.02
Current: 13.4

During the past years, Enlight Renewable Energy's highest Cyclically Adjusted PS Ratio was 18.02. The lowest was 10.11. And the median was 13.59.

ENLT's Cyclically Adjusted PS Ratio is ranked worse than
94.3% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.85 vs ENLT: 13.40

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.

Enlight Renewable Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.736. 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 $1.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enlight Renewable Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Enlight Renewable Energy'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.

Enlight Renewable Energy Cyclically Adjusted PS Ratio Chart

Enlight Renewable Energy 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 - - - 14.88 14.66

Enlight Renewable Energy 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 11.92 12.82 12.08 14.66 13.16

Competitive Comparison of Enlight Renewable Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Enlight Renewable Energy'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.


Enlight Renewable Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enlight Renewable Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Enlight Renewable Energy 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.

Enlight Renewable Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.51/1.29
=13.57

* 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.

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

For example, Enlight Renewable Energy'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)
=0.736/131.7762*131.7762
=0.736

Current CPI (Mar. 2024) = 131.7762.

Enlight Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.949 100.560 1.244
201409 0.465 100.428 0.610
201412 0.230 99.070 0.306
201503 0.401 99.621 0.530
201506 0.276 100.684 0.361
201509 0.391 100.392 0.513
201512 0.054 99.792 0.071
201603 0.111 100.470 0.146
201606 0.056 101.688 0.073
201609 0.058 101.861 0.075
201612 0.058 101.863 0.075
201703 0.053 102.862 0.068
201706 0.054 103.349 0.069
201709 0.041 104.136 0.052
201712 0.072 104.011 0.091
201803 0.099 105.290 0.124
201806 0.085 106.317 0.105
201809 0.098 106.507 0.121
201812 0.112 105.998 0.139
201903 0.199 107.251 0.245
201906 0.170 108.070 0.207
201909 0.186 108.329 0.226
201912 0.311 108.420 0.378
202003 0.220 108.902 0.266
202006 0.205 108.767 0.248
202009 0.226 109.815 0.271
202012 0.221 109.897 0.265
202103 0.235 111.754 0.277
202106 0.246 114.631 0.283
202109 0.249 115.734 0.284
202112 0.417 117.630 0.467
202203 0.364 121.301 0.395
202206 0.417 125.017 0.440
202209 0.557 125.227 0.586
202212 0.584 125.222 0.615
202303 0.603 127.348 0.624
202306 0.418 128.729 0.428
202309 0.463 129.860 0.470
202312 0.588 129.419 0.599
202403 0.736 131.776 0.736

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.


Enlight Renewable Energy  (NAS:ENLT) 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.


Enlight Renewable Energy Cyclically Adjusted PS Ratio Related Terms

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


Enlight Renewable Energy (Enlight Renewable Energy) Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.