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American States Water Co (American States Water Co) Cyclically Adjusted PS Ratio : 4.60 (As of Apr. 27, 2024)


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What is American States Water Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), American States Water Co's current share price is $69.91. American States Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.19. American States Water Co's Cyclically Adjusted PS Ratio for today is 4.60.

The historical rank and industry rank for American States Water Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

AWR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.51   Med: 4.84   Max: 7.38
Current: 4.6

During the past years, American States Water Co's highest Cyclically Adjusted PS Ratio was 7.38. The lowest was 2.51. And the median was 4.84.

AWR's Cyclically Adjusted PS Ratio is ranked worse than
91.8% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs AWR: 4.60

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.

American States Water Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.373. 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 $15.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American States Water Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American States Water Co'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.

American States Water Co Cyclically Adjusted PS Ratio Chart

American States Water Co 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 6.73 6.07 7.38 6.30 5.29

American States Water Co 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 6.30 5.93 5.73 5.15 5.29

Competitive Comparison of American States Water Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, American States Water Co'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.


American States Water Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American States Water Co's Cyclically Adjusted PS Ratio falls into.



American States Water Co 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.

American States Water Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.91/15.19
=4.60

* 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.

American States Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American States Water Co'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)
=3.373/129.4194*129.4194
=3.373

Current CPI (Dec. 2023) = 129.4194.

American States Water Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.618 99.695 3.399
201406 2.965 100.560 3.816
201409 3.553 100.428 4.579
201412 2.844 99.070 3.715
201503 2.628 99.621 3.414
201506 3.024 100.684 3.887
201509 3.568 100.392 4.600
201512 2.984 99.792 3.870
201603 2.549 100.470 3.283
201606 3.046 101.688 3.877
201609 3.368 101.861 4.279
201612 2.904 101.863 3.690
201703 2.686 102.862 3.379
201706 3.074 103.349 3.849
201709 3.376 104.136 4.196
201712 2.820 104.011 3.509
201803 2.569 105.290 3.158
201806 2.896 106.317 3.525
201809 3.361 106.507 4.084
201812 3.005 105.998 3.669
201903 2.753 107.251 3.322
201906 3.372 108.070 4.038
201909 3.635 108.329 4.343
201912 3.056 108.420 3.648
202003 2.950 108.902 3.506
202006 3.278 108.767 3.900
202009 3.613 109.815 4.258
202012 3.356 109.897 3.952
202103 3.164 111.754 3.664
202106 3.470 114.631 3.918
202109 3.694 115.734 4.131
202112 3.150 117.630 3.466
202203 2.933 121.301 3.129
202206 3.310 125.017 3.427
202209 3.644 125.227 3.766
202212 3.383 125.222 3.496
202303 4.357 127.348 4.428
202306 4.246 128.729 4.269
202309 4.092 129.860 4.078
202312 3.373 129.419 3.373

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.


American States Water Co  (NYSE:AWR) 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.


American States Water Co Cyclically Adjusted PS Ratio Related Terms

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


American States Water Co (American States Water Co) Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.
Executives
Anne M Holloway director
Steven D Davis director
Thomas A. Eichelberger director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Roger M Ervin director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Sarah J Anderson director 3633 E. INLAND EMPIRE BLVD., SUITE 480, ONTARIO CA 91764
Hodges Granville R Jr officer: Vice President 2712 HARTFORD AVENUE, FULLERTON CA 92835
David R Schickling officer: Vice President Water Operation 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Susan P. Miller officer: Vice President 630 E. FOOTHILL BLVD., SAN DIMAS CA 91773
Bryan K Switzer officer: Vice President 630 EAST FOOTHILL BOULEVARD, SAN DIMAS CA 91773
Christopher H Connor officer: SVP of ASUS 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Jon Pierotti officer: Vice President Reg Affairs 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
John R Fielder director SOUTHERN CALIFORNIA EDISON CO, P O BOX 800, ROSEMEAD CA 91770
James L Anderson director 8828 N. STEMMONS FREEWAY, SUITE 106, DALLAS TX 75247
Diana M Bonta director 1056 ALVIRA STREET, LOS ANGELES CA 90035
Eva G Tang officer: Vice President 1544 MANOR GATE DRIVE, HACIENDA HEIGHTS CA 91745-3833

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