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NiSource (STU:NOU) Cyclically Adjusted PS Ratio : 1.77 (As of May. 23, 2024)


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What is NiSource Cyclically Adjusted PS Ratio?

As of today (2024-05-23), NiSource's current share price is €26.60. NiSource's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €15.05. NiSource's Cyclically Adjusted PS Ratio for today is 1.77.

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

STU:NOU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.29   Max: 1.9
Current: 1.75

During the past years, NiSource's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.40. And the median was 1.29.

STU:NOU's Cyclically Adjusted PS Ratio is ranked worse than
62.19% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs STU:NOU: 1.75

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.

NiSource's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.493. 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 €15.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NiSource Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NiSource'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.

NiSource Cyclically Adjusted PS Ratio Chart

NiSource 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 1.55 1.37 1.66 1.62 1.59

NiSource 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 1.66 1.63 1.48 1.59 1.68

Competitive Comparison of NiSource's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, NiSource'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.


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

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

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



NiSource 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.60/15.05
=1.77

* 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.

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

For example, NiSource'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)
=3.493/131.7762*131.7762
=3.493

Current CPI (Mar. 2024) = 131.7762.

NiSource Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.109 100.560 4.074
201409 2.062 100.428 2.706
201412 3.549 99.070 4.721
201503 5.392 99.621 7.132
201506 2.482 100.684 3.248
201509 2.265 100.392 2.973
201512 3.163 99.792 4.177
201603 4.000 100.470 5.246
201606 2.472 101.688 3.203
201609 2.369 101.861 3.065
201612 3.790 101.863 4.903
201703 4.595 102.862 5.887
201706 2.712 103.349 3.458
201709 2.315 104.136 2.929
201712 3.409 104.011 4.319
201803 4.188 105.290 5.242
201806 2.427 106.317 3.008
201809 2.108 106.507 2.608
201812 3.475 105.998 4.320
201903 4.416 107.251 5.426
201906 2.383 108.070 2.906
201909 2.261 108.329 2.750
201912 3.323 108.420 4.039
202003 3.783 108.902 4.578
202006 2.229 108.767 2.701
202009 1.996 109.815 2.395
202012 2.574 109.897 3.086
202103 3.296 111.754 3.887
202106 1.935 114.631 2.224
202109 1.895 115.734 2.158
202112 2.955 117.630 3.310
202203 3.854 121.301 4.187
202206 2.543 125.017 2.680
202209 2.482 125.227 2.612
202212 3.610 125.222 3.799
202303 4.107 127.348 4.250
202306 2.252 128.729 2.305
202309 2.147 129.860 2.179
202312 2.902 129.419 2.955
202403 3.493 131.776 3.493

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.


NiSource  (STU:NOU) 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.


NiSource Cyclically Adjusted PS Ratio Related Terms

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


NiSource (STU:NOU) Business Description

Traded in Other Exchanges
Address
801 East 86th Avenue, Merrillville, IN, USA, 46410
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.

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