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Calpine (Calpine) Cyclically Adjusted PS Ratio : (As of Apr. 28, 2024)


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What is Calpine Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Calpine Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Calpine'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.

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Calpine Cyclically Adjusted PS Ratio Chart

Calpine Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Calpine Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Calpine's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Calpine'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.


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

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

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



Calpine 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.

Calpine's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, Calpine's adjusted Revenue per Share data for the three months ended in Dec. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=4.996/104.0111*104.0111
=4.996

Current CPI (Dec. 2017) = 104.0111.

Calpine Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200803 4.023 90.090 4.645
200806 5.822 92.320 6.559
200809 6.567 92.307 7.400
200812 3.848 88.697 4.512
200903 3.453 89.744 4.002
200906 2.975 91.003 3.400
200909 3.744 91.120 4.274
200912 3.172 91.111 3.621
201003 3.116 91.821 3.530
201006 2.942 91.962 3.327
201009 4.370 92.162 4.932
201012 3.017 92.474 3.393
201103 3.083 94.283 3.401
201106 3.357 95.235 3.666
201109 4.517 95.727 4.908
201112 3.024 95.213 3.303
201203 2.585 96.783 2.778
201206 1.864 96.819 2.002
201209 4.284 97.633 4.564
201212 2.953 96.871 3.171
201303 2.747 98.209 2.909
201306 3.512 98.518 3.708
201309 4.675 98.790 4.922
201312 3.318 98.326 3.510
201403 4.677 99.695 4.880
201406 4.602 100.560 4.760
201409 5.427 100.428 5.621
201412 4.981 99.070 5.229
201503 4.414 99.621 4.609
201506 3.898 100.684 4.027
201509 5.446 100.392 5.642
201512 4.026 99.792 4.196
201603 4.569 100.470 4.730
201606 3.288 101.688 3.363
201609 6.609 101.861 6.749
201612 4.406 101.863 4.499
201703 6.431 102.862 6.503
201706 5.865 103.349 5.903
201709 7.206 104.136 7.197
201712 4.996 104.011 4.996

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.


Calpine  (NYSE:CPN) 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.


Calpine Cyclically Adjusted PS Ratio Related Terms

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


Calpine (Calpine) Business Description

Traded in Other Exchanges
N/A
Address
Calpine is the largest natural gas power producer in the United States, with 3.0 GW of simple-cycle combustion turbines, 6.3 GW of combined-cycle cogeneration, and 15.8 GW of combined-cycle combustion turbines. It also owns 725 MW of geothermal generation in California geothermal generation and 4 MW of solar generation.
Executives
David C Merritt director CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
W. Thaddeus Miller officer: EVP, CLO and Secretary 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Jack A Fusco director C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809
Frank Cassidy director
Thad Hill director, officer: President & CEO 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Mosbacher Robert A Jr director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
W Benjamin Moreland director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Laurie Brlas director C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Denise M Oleary director MEDTRONIC INC, 710 MEDTRONIC PKWY, MS LC310, MINNEAPOLIS MN 55432-5604
San Francisco Partners Lp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Spo Advisory Corp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Sf Advisory Partners Lp 10 percent owner 591 REDWOOD HIGHWAY STE 3215, C/O SPO PARTNERS & CO, MILL VALLEY CA 94941
Spo Partners Ii Lp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
John H Scully 10 percent owner 591 REDWOOD HIGHWAY, SUITE 3215, MILL VALLEY CA 94941
Spo Advisory Partners Lp 10 percent owner 591 REDWOOD HIGHWAY, STE 3215, MILL VALLEY CA 94941

Calpine (Calpine) Headlines

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