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Consolidated Edison (Consolidated Edison) Cyclically Adjusted Revenue per Share : $47.97 (As of Dec. 2023)


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What is Consolidated Edison 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.

Consolidated Edison's adjusted revenue per share for the three months ended in Dec. 2023 was $9.911. 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 $47.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Consolidated Edison's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% 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 Consolidated Edison was 5.60% per year. The lowest was -2.30% per year. And the median was 1.90% per year.

As of today (2024-04-27), Consolidated Edison's current stock price is $92.93. Consolidated Edison's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $47.97. Consolidated Edison's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Consolidated Edison was 2.15. The lowest was 1.05. And the median was 1.67.


Consolidated Edison Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Consolidated Edison'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.

Consolidated Edison Cyclically Adjusted Revenue per Share Chart

Consolidated Edison 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 45.22 43.93 45.62 47.67 47.97

Consolidated Edison 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 47.67 48.32 48.44 48.42 47.97

Competitive Comparison of Consolidated Edison's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.


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

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

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



Consolidated Edison 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, Consolidated Edison'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)
=9.911/129.4194*129.4194
=9.911

Current CPI (Dec. 2023) = 129.4194.

Consolidated Edison Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.883 99.695 16.724
201406 9.901 100.560 12.743
201409 11.531 100.428 14.860
201412 9.619 99.070 12.566
201503 12.304 99.621 15.984
201506 9.483 100.684 12.189
201509 11.703 100.392 15.087
201512 9.176 99.792 11.900
201603 10.706 100.470 13.791
201606 9.301 101.688 11.837
201609 11.170 101.861 14.192
201612 8.844 101.863 11.237
201703 10.539 102.862 13.260
201706 8.582 103.349 10.747
201709 10.382 104.136 12.903
201712 9.487 104.011 11.805
201803 10.796 105.290 13.270
201806 7.496 106.317 9.125
201809 10.656 106.507 12.948
201812 9.335 105.998 11.398
201903 10.866 107.251 13.112
201906 8.335 108.070 9.982
201909 10.099 108.329 12.065
201912 8.859 108.420 10.575
202003 9.665 108.902 11.486
202006 8.116 108.767 9.657
202009 9.937 109.815 11.711
202012 8.763 109.897 10.320
202103 10.720 111.754 12.415
202106 8.582 114.631 9.689
202109 10.203 115.734 11.409
202112 9.617 117.630 10.581
202203 11.433 121.301 12.198
202206 9.606 125.017 9.944
202209 11.703 125.227 12.095
202212 11.320 125.222 11.699
202303 12.431 127.348 12.633
202306 8.474 128.729 8.519
202309 11.175 129.860 11.137
202312 9.911 129.419 9.911

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


Consolidated Edison  (NYSE:ED) 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.

Consolidated Edison's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=92.93/47.97
=1.94

* 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 Consolidated Edison was 2.15. The lowest was 1.05. And the median was 1.67.


Be Aware

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


Consolidated Edison Cyclically Adjusted Revenue per Share Related Terms

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


Consolidated Edison (Consolidated Edison) Business Description

Industry
Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Executives
Christina Ho officer: VP, Strategic Planning 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Deneen L Donnley officer: SVP and General Counsel 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Stuart Nachmias officer: President & CEO CET 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert Sanchez officer: SVP, Corporate Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Timothy Cawley officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert N Hoglund officer: Senior Vice President Finance 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Joseph Miller officer: VP & Controller 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Nancy Shannon officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Matthew Ketschke officer: President CECONY 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Gurudatta D Nadkarni officer: Vice President 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003
Jennifer Hensley officer: SVP, Corporate Affairs 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Frances Resheske officer: Senior VP Public Affairs 4 IRVING PLACE, NEW YORK NY 10003
De La Bastide Lore officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
John Mcavoy officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Yukari Saegusa officer: Vice President and Treasurer 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003