GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The AES Corp (NYSE:AES) » Definitions » Cyclically Adjusted Revenue per Share

The AES (The AES) Cyclically Adjusted Revenue per Share : $19.96 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is The AES 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.

The AES's adjusted revenue per share for the three months ended in Dec. 2023 was $4.169. 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 $19.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The AES's average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% 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 The AES was 29.40% per year. The lowest was -3.00% per year. And the median was 4.20% per year.

As of today (2024-04-27), The AES's current stock price is $17.21. The AES's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.96. The AES's Cyclically Adjusted PS Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The AES was 1.46. The lowest was 0.39. And the median was 0.68.


The AES Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for The AES'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.

The AES Cyclically Adjusted Revenue per Share Chart

The AES 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 20.23 19.55 20.06 20.26 19.96

The AES Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 20.26 20.34 20.32 20.28 19.96

Competitive Comparison of The AES's Cyclically Adjusted Revenue per Share

For the Utilities - Diversified subindustry, The AES'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.


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

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

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



The AES 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, The AES'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)
=4.169/129.4194*129.4194
=4.169

Current CPI (Dec. 2023) = 129.4194.

The AES Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.887 99.695 7.642
201406 5.922 100.560 7.622
201409 6.001 100.428 7.733
201412 4.350 99.070 5.683
201503 5.643 99.621 7.331
201506 5.260 100.684 6.761
201509 5.164 100.392 6.657
201512 0.481 99.792 0.624
201603 4.934 100.470 6.356
201606 4.900 101.688 6.236
201609 5.350 101.861 6.797
201612 0.362 101.863 0.460
201703 3.917 102.862 4.928
201706 3.947 103.349 4.943
201709 4.062 104.136 5.048
201712 4.005 104.011 4.983
201803 4.133 105.290 5.080
201806 3.821 106.317 4.651
201809 4.266 106.507 5.184
201812 3.925 105.998 4.792
201903 3.973 107.251 4.794
201906 2.921 108.070 3.498
201909 3.936 108.329 4.702
201912 3.645 108.420 4.351
202003 3.500 108.902 4.159
202006 3.205 108.767 3.814
202009 3.821 109.815 4.503
202012 3.781 109.897 4.453
202103 3.956 111.754 4.581
202106 4.024 114.631 4.543
202109 4.270 115.734 4.775
202112 4.159 117.630 4.576
202203 4.011 121.301 4.279
202206 4.608 125.017 4.770
202209 5.101 125.227 5.272
202212 4.699 125.222 4.857
202303 4.549 127.348 4.623
202306 4.525 128.729 4.549
202309 4.823 129.860 4.807
202312 4.169 129.419 4.169

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


The AES  (NYSE:AES) 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.

The AES's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.21/19.96
=0.86

* 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 The AES was 1.46. The lowest was 0.39. And the median was 0.68.


Be Aware

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


The AES Cyclically Adjusted Revenue per Share Related Terms

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


The AES (The AES) Business Description

Industry
Traded in Other Exchanges
Address
4300 Wilson Boulevard, 11th Floor, Arlington, VA, USA, 22203
AES is a global power company. Its current generation portfolio as of year-end 2022 consists of over 32 gigawatts of generation including renewable energy (46%), gas (32%), coal (20%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to 2.6 million customers.
Executives
Tish Mendoza officer: Sr. VP & Chief HR Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Ricardo Manuel Falu officer: SVP & Chief Operating Officer 4300 WILSON BLVD, ARLINGTON VA 22203
Juan Ignacio Rubiolo officer: VP, MCAC SBU President 4300 WILSON BLVD., ARLINGTON VA 22203
Paul L Freedman officer: SVP and General Counsel 4300 WILSON BLVD, ARLINGTON VA 22203
Santos Bernerd Da officer: Sr. VP and COO 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Andres Gluski officer: Executive VP & COO 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Stephen Coughlin officer: EVP and CFO 4300 WILSON BLVD., 11TH FLOOR, ARLINGTON VA 22203
Alain Monie director WORLDWIDE LEGAL DEPT 1600 E ST, SANTA ANA CA 92705
Julia M. Laulis director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Maura Shaughnessy director 4300 WILSON BLVD., ARLINGTON VA 22203
Gerard M Anderson director ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
James H Miller director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Jeffrey W Ubben director, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tarun Khanna director 4300 WILSON BOULEVARD, ARLINGTON VA 22203

The AES (The AES) Headlines

From GuruFocus

Q3 2021 AES Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2021 AES Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2019 AES Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2019 AES Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 AES Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

AES Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q3 2023 AES Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024