GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (NYSE:PPL) » Definitions » Cyclically Adjusted Revenue per Share

PPL (PPL) Cyclically Adjusted Revenue per Share : $11.78 (As of Dec. 2023)


View and export this data going back to 1948. Start your Free Trial

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 Dec. 2023 was $2.750. 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 $11.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PPL's average Cyclically Adjusted Revenue Growth Rate was 0.60% 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 2.15% per year.

As of today (2024-05-02), PPL's current stock price is $28.00. PPL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.78. PPL's Cyclically Adjusted PS Ratio of today is 2.38.

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 1.96.


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 15.13 13.64 12.52 11.71 11.78

PPL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.71 11.75 11.45 11.22 11.78

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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.75/129.4194*129.4194
=2.750

Current CPI (Dec. 2023) = 129.4194.

PPL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.798 99.695 2.334
201406 2.777 100.560 3.574
201409 2.820 100.428 3.634
201412 2.916 99.070 3.809
201503 3.335 99.621 4.333
201506 2.653 100.684 3.410
201509 2.788 100.392 3.594
201512 2.631 99.792 3.412
201603 2.963 100.470 3.817
201606 2.622 101.688 3.337
201609 2.777 101.861 3.528
201612 2.687 101.863 3.414
201703 2.856 102.862 3.593
201706 2.513 103.349 3.147
201709 2.679 104.136 3.329
201712 2.787 104.011 3.468
201803 3.058 105.290 3.759
201806 2.636 106.317 3.209
201809 2.635 106.507 3.202
201812 2.665 105.998 3.254
201903 2.848 107.251 3.437
201906 2.467 108.070 2.954
201909 2.644 108.329 3.159
201912 -0.282 108.420 -0.337
202003 1.873 108.902 2.226
202006 1.642 108.767 1.954
202009 1.819 109.815 2.144
202012 1.781 109.897 2.097
202103 1.944 111.754 2.251
202106 1.674 114.631 1.890
202109 1.964 115.734 2.196
202112 1.972 117.630 2.170
202203 2.421 121.301 2.583
202206 2.302 125.017 2.383
202209 2.895 125.227 2.992
202212 3.105 125.222 3.209
202303 3.274 127.348 3.327
202306 2.470 128.729 2.483
202309 2.768 129.860 2.759
202312 2.750 129.419 2.750

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


PPL  (NYSE:PPL) 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
=28.00/11.78
=2.38

* 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 1.96.


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 (PPL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (NYSE:PPL) » Definitions » Cyclically Adjusted Revenue per Share
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.
Executives
Tadd J Henninger officer: Vice President and Treasurer TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Crockett John R Iii officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
David J Bonenberger officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Linda G Sullivan director P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Francis X Sullivan officer: EVP and COO TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Bergstein Joseph P Jr officer: VP-IR and Treasurer TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Vincent Sorgi officer: Vice President and Controller TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Stephanie R Raymond officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Gregory N Dudkin officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Angela K Gosman officer: SVP and CHRO TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Heather B Redman director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Wendy E Stark officer: SVP, GC and Corp Sec TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Joanne H Raphael officer: SVP, GC & Corp Sec TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Art P Beattie director 600 NORTH 18TH STREET, BIRMINGHAM AL 35291
William H Spence officer: Executive VP and COO UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066

PPL (PPL) Headlines

From GuruFocus

Q1 2020 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

PPL Corp Virtual Investor Day Transcript

By GuruFocus Research 01-23-2024