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MGE Energy (MGE Energy) Cyclically Adjusted PS Ratio : 3.87 (As of Apr. 28, 2024)


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What is MGE Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-28), MGE Energy's current share price is $77.60. MGE Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.05. MGE Energy's Cyclically Adjusted PS Ratio for today is 3.87.

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

MGEE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.62   Max: 4.66
Current: 3.87

During the past years, MGE Energy's highest Cyclically Adjusted PS Ratio was 4.66. The lowest was 1.89. And the median was 3.62.

MGEE's Cyclically Adjusted PS Ratio is ranked worse than
88.15% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs MGEE: 3.87

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.

MGE Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.550. 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 $20.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MGE Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MGE Energy'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.

MGE Energy Cyclically Adjusted PS Ratio Chart

MGE Energy 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 4.48 3.99 4.44 3.57 3.61

MGE Energy 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 3.57 3.88 3.92 3.38 3.61

Competitive Comparison of MGE Energy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, MGE Energy'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.


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

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

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



MGE Energy 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.

MGE Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=77.60/20.05
=3.87

* 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.

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

For example, MGE Energy'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)
=4.55/129.4194*129.4194
=4.550

Current CPI (Dec. 2023) = 129.4194.

MGE Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.065 99.695 7.873
201406 3.714 100.560 4.780
201409 3.898 100.428 5.023
201412 4.203 99.070 5.491
201503 4.908 99.621 6.376
201506 3.523 100.684 4.528
201509 4.061 100.392 5.235
201512 3.778 99.792 4.900
201603 4.255 100.470 5.481
201606 3.507 101.688 4.463
201609 3.944 101.861 5.011
201612 4.007 101.863 5.091
201703 4.524 102.862 5.692
201706 3.648 103.349 4.568
201709 4.025 104.136 5.002
201712 4.046 104.011 5.034
201803 4.547 105.290 5.589
201806 3.584 106.317 4.363
201809 3.975 106.507 4.830
201812 4.041 105.998 4.934
201903 4.834 107.251 5.833
201906 3.523 108.070 4.219
201909 3.986 108.329 4.762
201912 4.065 108.420 4.852
202003 4.323 108.902 5.137
202006 3.302 108.767 3.929
202009 3.739 109.815 4.406
202012 3.774 109.897 4.444
202103 4.643 111.754 5.377
202106 3.615 114.631 4.081
202109 4.033 115.734 4.510
202112 4.482 117.630 4.931
202203 5.776 121.301 6.163
202206 4.212 125.017 4.360
202209 4.517 125.227 4.668
202212 5.248 125.222 5.424
202303 6.005 127.348 6.103
202306 4.090 128.729 4.112
202309 4.436 129.860 4.421
202312 4.550 129.419 4.550

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.


MGE Energy  (NAS:MGEE) 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.


MGE Energy Cyclically Adjusted PS Ratio Related Terms

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


MGE Energy (MGE Energy) Business Description

Traded in Other Exchanges
N/A
Address
133 South Blair Street, Madison, WI, USA, 53788
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
Executives
Scott Robert Smith officer: VP Bus. Regulatory Strategy 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
James G Berbee director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James Jerome Lorenz officer: VP Business Operations 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Noble Lynnwood Wray director 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Lynn K Hobbie officer: Exec VP Marketing & Corp Comm 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Gary J Wolter director 133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231
Cari Anne Renlund officer: VP and General Counsel 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James L Possin director 133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231
Tamara Jean Johnson officer: VP Accounting and Controller 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Jared Joseph Bushek officer: VP Finance, CIO & Treasurer 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Jeffrey M Keebler officer: Sr. VP-Energy Supply & Plan 133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Regina M Millner director 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Donald D Peterson officer: VP - Energy Technology 133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Thomas R Stolper director 133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231

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