GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » United Utilities Group PLC (FRA:UUEC) » Definitions » Cyclically Adjusted PS Ratio

United Utilities Group (FRA:UUEC) Cyclically Adjusted PS Ratio : 3.19 (As of Jun. 09, 2024)


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

What is United Utilities Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), United Utilities Group's current share price is €11.80. United Utilities Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was €3.70. United Utilities Group's Cyclically Adjusted PS Ratio for today is 3.19.

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

FRA:UUEC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.06   Max: 4.15
Current: 3.21

During the past 13 years, United Utilities Group's highest Cyclically Adjusted PS Ratio was 4.15. The lowest was 1.78. And the median was 3.06.

FRA:UUEC's Cyclically Adjusted PS Ratio is ranked worse than
83.71% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs FRA:UUEC: 3.21

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.

United Utilities Group's adjusted revenue per share data of for the fiscal year that ended in Mar24 was €3.334. 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 €3.70 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Utilities Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Utilities Group'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.

United Utilities Group Cyclically Adjusted PS Ratio Chart

United Utilities Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 3.42 3.93 3.45 3.27

United Utilities Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 3.93 - 3.45 - 3.27

Competitive Comparison of United Utilities Group's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, United Utilities Group'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.


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

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

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



United Utilities Group 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.

United Utilities Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.80/3.7
=3.19

* 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.

United Utilities Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, United Utilities Group's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.334/131.6000*131.6000
=3.334

Current CPI (Mar24) = 131.6000.

United Utilities Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 3.477 99.600 4.594
201603 3.240 100.400 4.247
201703 2.880 102.700 3.690
201803 2.878 105.100 3.604
201903 3.103 107.000 3.816
202003 3.046 108.600 3.691
202103 3.082 109.700 3.697
202203 3.259 116.500 3.681
202303 3.023 126.800 3.137
202403 3.334 131.600 3.334

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.


United Utilities Group  (FRA:UUEC) 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.


United Utilities Group Cyclically Adjusted PS Ratio Related Terms

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


United Utilities Group (FRA:UUEC) Business Description

Traded in Other Exchanges
Address
Lingley Green Avenue, Great Sankey, Haweswater House, Lingley Mere Business Park, Warrington, GBR, WA5 3LP
United Utilities Group is primarily a holding company for United Utilities Water, the country's largest regulated water and wastewater utility, serving customers in northwest England, including Manchester and Liverpool.

United Utilities Group (FRA:UUEC) Headlines

No Headlines