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Chesapeake Utilities (Chesapeake Utilities) Cyclically Adjusted PS Ratio : 2.72 (As of Apr. 28, 2024)


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What is Chesapeake Utilities Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Chesapeake Utilities's current share price is $105.13. Chesapeake Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.62. Chesapeake Utilities's Cyclically Adjusted PS Ratio for today is 2.72.

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

CPK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.53   Max: 4.16
Current: 2.72

During the past years, Chesapeake Utilities's highest Cyclically Adjusted PS Ratio was 4.16. The lowest was 1.17. And the median was 2.53.

CPK's Cyclically Adjusted PS Ratio is ranked worse than
79.04% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs CPK: 2.72

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.

Chesapeake Utilities's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.176. 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 $38.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Utilities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities Cyclically Adjusted PS Ratio Chart

Chesapeake Utilities 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 2.89 3.28 4.16 3.13 2.73

Chesapeake Utilities 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 3.13 3.34 3.08 2.51 2.73

Competitive Comparison of Chesapeake Utilities's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Chesapeake 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.


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

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

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



Chesapeake Utilities 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.

Chesapeake Utilities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=105.13/38.62
=2.72

* 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.

Chesapeake Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chesapeake Utilities'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)
=9.176/129.4194*129.4194
=9.176

Current CPI (Dec. 2023) = 129.4194.

Chesapeake Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.815 99.695 16.636
201406 6.880 100.560 8.855
201409 6.268 100.428 8.077
201412 8.214 99.070 10.730
201503 11.605 99.621 15.076
201506 6.065 100.684 7.796
201509 6.005 100.392 7.741
201512 6.824 99.792 8.850
201603 9.542 100.470 12.291
201606 6.666 101.688 8.484
201609 7.030 101.861 8.932
201612 8.675 101.863 11.022
201703 11.315 102.862 14.236
201706 7.635 103.349 9.561
201709 7.745 104.136 9.625
201712 0.760 104.011 0.946
201803 14.592 105.290 17.936
201806 8.325 106.317 10.134
201809 5.685 106.507 6.908
201812 8.168 105.998 9.973
201903 9.765 107.251 11.783
201906 5.749 108.070 6.885
201909 5.629 108.329 6.725
201912 8.017 108.420 9.570
202003 9.270 108.902 11.017
202006 5.880 108.767 6.996
202009 6.112 109.815 7.203
202012 7.825 109.897 9.215
202103 10.892 111.754 12.614
202106 6.306 114.631 7.120
202109 6.078 115.734 6.797
202112 9.059 117.630 9.967
202203 12.549 121.301 13.389
202206 7.831 125.017 8.107
202209 7.355 125.227 7.601
202212 10.507 125.222 10.859
202303 12.232 127.348 12.431
202306 7.595 128.729 7.636
202309 7.366 129.860 7.341
202312 9.176 129.419 9.176

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.


Chesapeake Utilities  (NYSE:CPK) 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.


Chesapeake Utilities Cyclically Adjusted PS Ratio Related Terms

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


Chesapeake Utilities (Chesapeake Utilities) Business Description

Traded in Other Exchanges
Address
500 Energy Lane, Dover, DE, USA, 19901
Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.
Executives
Jeffery S Sylvester officer: Senior VP & COO 500 ENERGY LANE, DOVER DE 19901
Thomas J Bresnan director 1350 S. MILWAUKEE STREET, DENVER CO 80210
Maddock Paul L Jr director 909 SILVER LAKE BLVD, DOVER DE 19904
Hill Thomas P Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Lila A Jaber director 909 SILVER LAKE BLVD, DOVER DE 19904
John R Schimkaitis director, other: Chair of the Board 909 SILVER LAKE BLVD., DOVER DE 19904
Kevin J Webber officer: Senior VP & Chief Dev. Officer 909 SILVER LAKE BLVD, DOVER DE 19904
Stephanie N Gary director 500 ENERGY LANE, DOVER DE 19901
Lisa Bisaccia director ONE CVS DRIVE, WOONSOCKET RI 02895
Michael D Galtman officer: Senior VP & CAO 500 ENERGY LANE, DOVER DE 19901
Sheree M. Petrone director 601 TRAVIS STREET, SUITE 1400, HOUSTON TX 77002
Jeffry M Householder director, other: President & CEO 909 SILVER LAKE BLVD, DOVER DE 19904
Forsythe Ronald G Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Dianna Morgan director 909 SILVER LAKE BLVD, DOVER DE 19904
Beth W Cooper officer: Executive VP & CFO CHESAPEAKE UTILITIES CORPORATION, 909 SILVER LAKE BOULEVARD, DOVER DE 19904