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Emera (EMRAF) Cyclically Adjusted Revenue per Share : $21.50 (As of Dec. 2023)


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What is Emera 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.

Emera's adjusted revenue per share for the three months ended in Dec. 2023 was $5.276. 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 $21.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Emera's average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% 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 Emera was 10.30% per year. The lowest was 2.40% per year. And the median was 4.10% per year.

As of today (2024-04-27), Emera's current stock price is $33.7833. Emera's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.50. Emera's Cyclically Adjusted PS Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Emera was 3.08. The lowest was 1.56. And the median was 2.41.


Emera Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Emera'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.

Emera Cyclically Adjusted Revenue per Share Chart

Emera 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 17.26 18.24 19.44 20.08 21.50

Emera 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 20.08 20.48 21.19 20.93 21.50

Competitive Comparison of Emera's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Emera'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.


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

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

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



Emera 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, Emera'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)
=5.276/125.4675*125.4675
=5.276

Current CPI (Dec. 2023) = 125.4675.

Emera Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.446 98.604 8.202
201406 3.646 99.473 4.599
201409 3.540 99.394 4.469
201412 4.525 98.367 5.772
201503 4.732 99.789 5.950
201506 2.919 100.500 3.644
201509 3.295 100.421 4.117
201512 3.607 99.947 4.528
201603 4.441 101.054 5.514
201606 2.575 102.002 3.167
201609 5.788 101.765 7.136
201612 5.601 101.449 6.927
201703 6.537 102.634 7.991
201706 5.175 103.029 6.302
201709 5.398 103.345 6.554
201712 5.353 103.345 6.499
201803 6.035 105.004 7.211
201806 4.655 105.557 5.533
201809 4.877 105.636 5.793
201812 5.702 105.399 6.788
201903 5.737 106.979 6.728
201906 4.324 107.690 5.038
201909 4.047 107.611 4.719
201912 5.044 107.769 5.872
202003 4.782 107.927 5.559
202006 3.478 108.401 4.026
202009 3.535 108.164 4.100
202012 4.838 108.559 5.592
202103 5.053 110.298 5.748
202106 3.637 111.720 4.085
202109 3.505 112.905 3.895
202112 5.553 113.774 6.124
202203 6.068 117.646 6.471
202206 4.076 120.806 4.233
202209 5.160 120.648 5.366
202212 6.450 120.964 6.690
202303 6.561 122.702 6.709
202306 3.915 124.203 3.955
202309 4.700 125.230 4.709
202312 5.276 125.468 5.276

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


Emera  (OTCPK:EMRAF) 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.

Emera's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.7833/21.5
=1.57

* 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 Emera was 3.08. The lowest was 1.56. And the median was 2.41.


Be Aware

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


Emera Cyclically Adjusted Revenue per Share Related Terms

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


Emera (EMRAF) Business Description

Industry
Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.