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Algonquin Power & Utilities (TSX:AQN) Cyclically Adjusted Revenue per Share : C$5.23 (As of Mar. 2024)


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What is Algonquin Power & Utilities 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.

Algonquin Power & Utilities's adjusted revenue per share for the three months ended in Mar. 2024 was C$1.447. 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 C$5.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Algonquin Power & Utilities's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Algonquin Power & Utilities was 9.10% per year. The lowest was 3.20% per year. And the median was 5.90% per year.

As of today (2024-05-22), Algonquin Power & Utilities's current stock price is C$9.05. Algonquin Power & Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$5.23. Algonquin Power & Utilities's Cyclically Adjusted PS Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Algonquin Power & Utilities was 5.77. The lowest was 1.31. And the median was 3.76.


Algonquin Power & Utilities Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Algonquin Power & Utilities'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.

Algonquin Power & Utilities Cyclically Adjusted Revenue per Share Chart

Algonquin Power & Utilities 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 3.84 4.04 4.42 4.96 5.25

Algonquin Power & Utilities 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 5.06 5.16 5.24 5.25 5.23

Competitive Comparison of Algonquin Power & Utilities's Cyclically Adjusted Revenue per Share

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.


Algonquin Power & Utilities's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Algonquin Power & Utilities's Cyclically Adjusted PS Ratio falls into.



Algonquin Power & Utilities 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, Algonquin Power & Utilities'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)
=1.447/126.2576*126.2576
=1.447

Current CPI (Mar. 2024) = 126.2576.

Algonquin Power & Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.916 99.473 1.163
201409 0.709 99.394 0.901
201412 0.983 98.367 1.262
201503 1.497 99.789 1.894
201506 0.764 100.500 0.960
201509 0.732 100.421 0.920
201512 0.887 99.947 1.120
201603 1.280 101.054 1.599
201606 0.812 102.002 1.005
201609 0.801 101.765 0.994
201612 1.054 101.449 1.312
201703 1.628 102.634 2.003
201706 1.152 103.029 1.412
201709 1.113 103.345 1.360
201712 1.255 103.345 1.533
201803 1.466 105.004 1.763
201806 1.030 105.557 1.232
201809 0.998 105.636 1.193
201812 1.176 105.399 1.409
201903 1.288 106.979 1.520
201906 0.917 107.690 1.075
201909 0.966 107.611 1.133
201912 1.104 107.769 1.293
202003 1.234 107.927 1.444
202006 0.872 108.401 1.016
202009 0.843 108.164 0.984
202012 1.047 108.559 1.218
202103 1.318 110.298 1.509
202106 1.040 111.720 1.175
202109 1.078 112.905 1.205
202112 1.129 113.774 1.253
202203 1.370 117.646 1.470
202206 1.175 120.806 1.228
202209 1.306 120.648 1.367
202212 1.487 120.964 1.552
202303 1.544 122.702 1.589
202306 1.213 124.203 1.233
202309 1.228 125.230 1.238
202312 1.283 125.072 1.295
202403 1.447 126.258 1.447

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


Algonquin Power & Utilities  (TSX:AQN) 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.

Algonquin Power & Utilities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.05/5.23
=1.73

* 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 Algonquin Power & Utilities was 5.77. The lowest was 1.31. And the median was 3.76.


Be Aware

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


Algonquin Power & Utilities Cyclically Adjusted Revenue per Share Related Terms

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


Algonquin Power & Utilities (TSX:AQN) Business Description

Address
354 Davis Road, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.
Executives
Amee Chande Director

Algonquin Power & Utilities (TSX:AQN) Headlines