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PPL (BSP:P1PL34) Cyclically Adjusted Revenue per Share : R$58.24 (As of Mar. 2024)


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What is PPL Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

PPL's adjusted revenue per share for the three months ended in Mar. 2024 was R$15.529. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$58.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PPL's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of PPL was 8.80% per year. The lowest was -8.50% per year. And the median was 1.90% per year.

As of today (2024-05-19), PPL's current stock price is R$132.84. PPL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$58.24. PPL's Cyclically Adjusted PS Ratio of today is 2.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PPL was 2.61. The lowest was 1.30. And the median was 1.97.


PPL Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PPL's Cyclically Adjusted Revenue per Share 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.

PPL Cyclically Adjusted Revenue per Share Chart

PPL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 69.48 69.67 62.34 57.30

PPL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 64.57 62.46 56.00 57.30 58.24

Competitive Comparison of PPL's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, PPL'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.


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

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

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



PPL Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PPL'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)
=15.529/131.7762*131.7762
=15.529

Current CPI (Mar. 2024) = 131.7762.

PPL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.210 100.560 8.138
201409 6.592 100.428 8.650
201412 7.703 99.070 10.246
201503 10.476 99.621 13.857
201506 8.256 100.684 10.806
201509 10.880 100.392 14.281
201512 10.210 99.792 13.482
201603 10.955 100.470 14.368
201606 8.977 101.688 11.633
201609 9.033 101.861 11.686
201612 9.011 101.863 11.657
201703 8.933 102.862 11.444
201706 8.282 103.349 10.560
201709 8.391 104.136 10.618
201712 9.183 104.011 11.634
201803 10.026 105.290 12.548
201806 9.942 106.317 12.323
201809 10.825 106.507 13.393
201812 10.350 105.998 12.867
201903 10.939 107.251 13.440
201906 9.511 108.070 11.597
201909 10.891 108.329 13.248
201912 -1.158 108.420 -1.407
202003 9.153 108.902 11.076
202006 8.517 108.767 10.319
202009 9.823 109.815 11.787
202012 9.163 109.897 10.987
202103 10.953 111.754 12.915
202106 8.417 114.631 9.676
202109 10.368 115.734 11.805
202112 11.153 117.630 12.494
202203 12.046 121.301 13.086
202206 11.620 125.017 12.248
202209 15.181 125.227 15.975
202212 16.286 125.222 17.138
202303 17.051 127.348 17.644
202306 11.987 128.729 12.271
202309 13.668 129.860 13.870
202312 13.473 129.419 13.718
202403 15.529 131.776 15.529

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


PPL  (BSP:P1PL34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

PPL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=132.84/58.24
=2.28

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PPL was 2.61. The lowest was 1.30. And the median was 1.97.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


PPL Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of PPL's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PPL (BSP:P1PL34) Business Description

Industry
Traded in Other Exchanges
Address
Two North Ninth Street, Allentown, PA, USA, 18101-1179
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.

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