GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » BKW AG (XSWX:BKW) » Definitions » Cyclically Adjusted PS Ratio

BKW AG (XSWX:BKW) Cyclically Adjusted PS Ratio : 2.32 (As of Jun. 04, 2024)


View and export this data going back to 2011. Start your Free Trial

What is BKW AG Cyclically Adjusted PS Ratio?

As of today (2024-06-04), BKW AG's current share price is CHF142.90. BKW AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF61.63. BKW AG's Cyclically Adjusted PS Ratio for today is 2.32.

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

XSWX:BKW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.87   Max: 2.85
Current: 2.3

During the past 13 years, BKW AG's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.92. And the median was 1.87.

XSWX:BKW's Cyclically Adjusted PS Ratio is ranked worse than
57.25% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.88 vs XSWX:BKW: 2.30

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.

BKW AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF83.997. 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 CHF61.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BKW AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BKW AG'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.

BKW AG Cyclically Adjusted PS Ratio Chart

BKW AG 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 1.40 1.95 2.25 2.19 2.43

BKW AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.25 - 2.19 - 2.43

Competitive Comparison of BKW AG's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, BKW AG'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.


BKW AG's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



BKW AG 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.

BKW AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=142.90/61.63
=2.32

* 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.

BKW AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BKW AG's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=83.997/106.4612*106.4612
=83.997

Current CPI (Dec23) = 106.4612.

BKW AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 55.422 100.704 58.591
201512 48.129 99.386 51.555
201612 43.430 99.380 46.525
201712 44.408 100.213 47.177
201812 47.869 100.906 50.504
201912 51.406 101.063 54.152
202012 55.665 100.241 59.119
202112 64.065 101.776 67.015
202212 95.986 104.666 97.632
202312 83.997 106.461 83.997

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.


BKW AG  (XSWX:BKW) 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.


BKW AG Cyclically Adjusted PS Ratio Related Terms

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


BKW AG (XSWX:BKW) Business Description

Traded in Other Exchanges
Address
Viktoriaplatz 2, Bern, CHE, CH-3013
BKW AG is an electric utility company in which the Swiss state of Bern holds a majority stake. The company segments its operations into energy, grid, and services businesses. The energy division builds, operates, and maintains the company's European power plants. While BKW controls a portfolio of wind, hydroelectric, gas, coal, and nuclear facilities, its wind power sites are responsible for most of its total energy generation. The majority of BKW's revenue comes from its energy division in the form of electricity sales to the broader European market and other power plants. The company's networks division, which builds and operates electrical distribution grids for customers outside of its primary markets of Switzerland and Italy, also represents a substantial revenue stream.

BKW AG (XSWX:BKW) Headlines

No Headlines