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EDP Renovaveis (XLIS:EDPR) Cyclically Adjusted PS Ratio : 6.63 (As of May. 26, 2024)


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What is EDP Renovaveis Cyclically Adjusted PS Ratio?

As of today (2024-05-26), EDP Renovaveis's current share price is €14.51. EDP Renovaveis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.19. EDP Renovaveis's Cyclically Adjusted PS Ratio for today is 6.63.

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

XLIS:EDPR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.81   Med: 8.06   Max: 14.29
Current: 6.63

During the past years, EDP Renovaveis's highest Cyclically Adjusted PS Ratio was 14.29. The lowest was 4.81. And the median was 8.06.

XLIS:EDPR's Cyclically Adjusted PS Ratio is ranked worse than
87.83% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.85 vs XLIS:EDPR: 6.63

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.

EDP Renovaveis's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.570. 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 €2.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EDP Renovaveis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EDP Renovaveis'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.

EDP Renovaveis Cyclically Adjusted PS Ratio Chart

EDP Renovaveis 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 6.15 12.74 11.17 9.60 8.33

EDP Renovaveis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.60 9.66 8.37 7.01 8.33

Competitive Comparison of EDP Renovaveis's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, EDP Renovaveis'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.


EDP Renovaveis's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



EDP Renovaveis 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.

EDP Renovaveis's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.51/2.19
=6.63

* 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.

EDP Renovaveis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, EDP Renovaveis's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.57/121.2997*121.2997
=0.570

Current CPI (Dec. 2023) = 121.2997.

EDP Renovaveis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.424 100.139 0.514
201406 0.348 101.081 0.418
201409 0.263 100.441 0.318
201412 0.387 100.251 0.468
201503 0.465 99.474 0.567
201506 0.396 101.138 0.475
201509 0.340 99.559 0.414
201512 0.522 100.268 0.631
201603 0.566 98.638 0.696
201606 0.425 100.333 0.514
201609 0.357 99.737 0.434
201612 0.492 101.842 0.586
201703 0.588 100.896 0.707
201706 0.512 101.848 0.610
201709 0.398 101.524 0.476
201712 0.539 102.975 0.635
201803 0.588 102.122 0.698
201806 0.429 104.165 0.500
201809 0.362 103.818 0.423
201812 0.489 104.193 0.569
201903 0.580 103.488 0.680
201906 0.524 104.612 0.608
201909 0.415 103.905 0.484
201912 0.480 105.015 0.554
202003 0.542 103.469 0.635
202006 0.472 104.254 0.549
202009 0.389 103.521 0.456
202012 0.517 104.456 0.600
202103 0.453 104.857 0.524
202106 0.337 107.102 0.382
202109 0.415 107.669 0.468
202112 0.575 111.298 0.627
202203 0.575 115.153 0.606
202206 0.669 118.044 0.687
202209 0.518 117.221 0.536
202212 0.643 117.650 0.663
202303 0.678 118.948 0.691
202306 0.501 120.278 0.505
202309 0.411 121.343 0.411
202312 0.570 121.300 0.570

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.


EDP Renovaveis  (XLIS:EDPR) 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.


EDP Renovaveis Cyclically Adjusted PS Ratio Related Terms

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


EDP Renovaveis (XLIS:EDPR) Business Description

Traded in Other Exchanges
Address
Calle Serrano Galvache, 56, Centro Empresarial Parque Norte, 7th Floor, Edificio Olmo, Madrid, ESP, 28033
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 14.7 GW of net installed capacity at the end of 2022, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the U.S. and Europe. The group's plants are mainly located in the U.S., Spain, Portugal, Poland, and Brazil.

EDP Renovaveis (XLIS:EDPR) Headlines

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