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American States Water Co (FRA:FDK) Cyclically Adjusted PS Ratio : 5.01 (As of May. 18, 2024)


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What is American States Water Co Cyclically Adjusted PS Ratio?

As of today (2024-05-18), American States Water Co's current share price is €71.50. American States Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.26. American States Water Co's Cyclically Adjusted PS Ratio for today is 5.01.

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

FRA:FDK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.51   Med: 4.86   Max: 7.38
Current: 5.06

During the past years, American States Water Co's highest Cyclically Adjusted PS Ratio was 7.38. The lowest was 2.51. And the median was 4.86.

FRA:FDK's Cyclically Adjusted PS Ratio is ranked worse than
92.19% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.29 vs FRA:FDK: 5.06

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.

American States Water Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.353. 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 €14.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American States Water Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American States Water Co'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.

American States Water Co Cyclically Adjusted PS Ratio Chart

American States Water Co 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 6.73 6.07 7.38 6.30 5.29

American States Water Co 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 5.93 5.73 5.15 5.29 4.67

Competitive Comparison of American States Water Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, American States Water Co'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.


American States Water Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American States Water Co's Cyclically Adjusted PS Ratio falls into.



American States Water Co 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.

American States Water Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.50/14.26
=5.01

* 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.

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

For example, American States Water Co'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)
=3.353/131.7762*131.7762
=3.353

Current CPI (Mar. 2024) = 131.7762.

American States Water Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.182 100.560 2.859
201409 2.757 100.428 3.618
201412 2.307 99.070 3.069
201503 2.428 99.621 3.212
201506 2.694 100.684 3.526
201509 3.179 100.392 4.173
201512 2.740 99.792 3.618
201603 2.289 100.470 3.002
201606 2.711 101.688 3.513
201609 3.001 101.861 3.882
201612 2.753 101.863 3.561
201703 2.512 102.862 3.218
201706 2.736 103.349 3.489
201709 2.832 104.136 3.584
201712 2.383 104.011 3.019
201803 2.083 105.290 2.607
201806 2.479 106.317 3.073
201809 2.880 106.507 3.563
201812 2.641 105.998 3.283
201903 2.437 107.251 2.994
201906 2.984 108.070 3.639
201909 3.301 108.329 4.015
201912 2.750 108.420 3.342
202003 2.670 108.902 3.231
202006 2.911 108.767 3.527
202009 3.067 109.815 3.680
202012 2.758 109.897 3.307
202103 2.658 111.754 3.134
202106 2.880 114.631 3.311
202109 3.140 115.734 3.575
202112 2.787 117.630 3.122
202203 2.663 121.301 2.893
202206 3.131 125.017 3.300
202209 3.681 125.227 3.874
202212 3.194 125.222 3.361
202303 4.070 127.348 4.212
202306 3.919 128.729 4.012
202309 3.834 129.860 3.891
202312 3.093 129.419 3.149
202403 3.353 131.776 3.353

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.


American States Water Co  (FRA:FDK) 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.


American States Water Co Cyclically Adjusted PS Ratio Related Terms

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


American States Water Co (FRA:FDK) Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.

American States Water Co (FRA:FDK) Headlines

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