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Edison Spa (MIL:EDNR) Cyclically Adjusted PS Ratio : 0.54 (As of Jun. 08, 2024)


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What is Edison Spa Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Edison Spa's current share price is €1.55. Edison Spa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.85. Edison Spa's Cyclically Adjusted PS Ratio for today is 0.54.

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

MIL:EDNR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.49   Max: 0.83
Current: 0.53

During the past years, Edison Spa's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.33. And the median was 0.49.

MIL:EDNR's Cyclically Adjusted PS Ratio is ranked better than
74.78% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs MIL:EDNR: 0.53

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.

Edison Spa's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.872. 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 €2.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison Spa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edison Spa'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.

Edison Spa Cyclically Adjusted PS Ratio Chart

Edison Spa 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 0.49 0.51 0.71 0.50 0.54

Edison Spa 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 0.51 0.50 0.50 0.54 0.55

Competitive Comparison of Edison Spa's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Edison Spa'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.


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

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

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



Edison Spa 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.

Edison Spa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.55/2.85
=0.54

* 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.

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

For example, Edison Spa'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)
=0.872/120.2000*120.2000
=0.872

Current CPI (Mar. 2024) = 120.2000.

Edison Spa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.499 100.093 0.599
201409 0.551 99.814 0.664
201412 0.643 99.721 0.775
201503 0.596 99.814 0.718
201506 0.469 100.279 0.562
201509 0.514 100.000 0.618
201512 0.569 99.814 0.685
201603 0.601 99.600 0.725
201606 0.428 99.900 0.515
201609 0.476 100.100 0.572
201612 0.461 100.300 0.552
201703 0.578 101.000 0.688
201706 0.273 101.100 0.325
201709 0.464 101.200 0.551
201712 0.436 101.200 0.518
201803 0.454 101.800 0.536
201806 0.329 102.400 0.386
201809 0.382 102.600 0.448
201812 0.458 102.300 0.538
201903 0.450 102.800 0.526
201906 0.353 103.100 0.412
201909 0.348 102.900 0.407
201912 0.373 102.800 0.436
202003 0.342 102.900 0.399
202006 0.236 102.900 0.276
202009 0.277 102.300 0.325
202012 0.334 102.600 0.391
202103 0.457 103.700 0.530
202106 0.413 104.200 0.476
202109 0.604 104.900 0.692
202112 1.004 106.600 1.132
202203 1.505 110.400 1.639
202206 1.287 112.500 1.375
202209 2.052 114.200 2.160
202212 1.555 119.000 1.571
202303 1.299 118.800 1.314
202306 0.807 119.700 0.810
202309 0.901 120.300 0.900
202312 0.886 119.700 0.890
202403 0.872 120.200 0.872

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.


Edison Spa  (MIL:EDNR) 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.


Edison Spa Cyclically Adjusted PS Ratio Related Terms

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


Edison Spa (MIL:EDNR) Business Description

Traded in Other Exchanges
Address
Foro Buonaparte, 31, Milano, ITA, 20121
Edison Spa is an Italian energy operator. It is principally engaged in procurement, production, and sale and supplying electricity, gas and energy, and environmental services to families and businesses. The company operates through three segments namely Electric Power Operations which produces electricity through hydroelectric, wind power, solar and biomass resources; the Hydrocarbons Operations which are engaged in the procurement and sale of natural gas; and Corporate Activities and Other are involved in managing and administering the company's affairs. It generates maximum revenue from the Hydrocarbons Operations segment.

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