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FirstEnergy (FirstEnergy) Cyclically Adjusted Revenue per Share : $29.21 (As of Mar. 2024)


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What is FirstEnergy 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.

FirstEnergy's adjusted revenue per share for the three months ended in Mar. 2024 was $5.707. 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 $29.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FirstEnergy's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% 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 FirstEnergy was 5.20% per year. The lowest was -6.30% per year. And the median was -1.40% per year.

As of today (2024-04-27), FirstEnergy's current stock price is $38.13. FirstEnergy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.21. FirstEnergy's Cyclically Adjusted PS Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FirstEnergy was 1.49. The lowest was 0.69. And the median was 0.93.


FirstEnergy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FirstEnergy'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.

FirstEnergy Cyclically Adjusted Revenue per Share Chart

FirstEnergy 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 35.11 32.37 31.76 31.31 29.93

FirstEnergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.25 31.02 30.63 29.93 29.21

Competitive Comparison of FirstEnergy's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.


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

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

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



FirstEnergy 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, FirstEnergy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.707/129.4194*129.4194
=5.707

Current CPI (Mar. 2024) = 129.4194.

FirstEnergy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.304 100.560 10.687
201409 9.235 100.428 11.901
201412 8.215 99.070 10.732
201503 9.213 99.621 11.969
201506 8.191 100.684 10.529
201509 9.724 100.392 12.536
201512 8.293 99.792 10.755
201603 9.082 100.470 11.699
201606 8.002 101.688 10.184
201609 9.173 101.861 11.655
201612 -1.135 101.863 -1.442
201703 6.430 102.862 8.090
201706 5.897 103.349 7.385
201709 6.525 104.136 8.109
201712 6.038 104.011 7.513
201803 5.987 105.290 7.359
201806 5.480 106.317 6.671
201809 6.067 106.507 7.372
201812 5.262 105.998 6.425
201903 5.409 107.251 6.527
201906 4.720 108.070 5.652
201909 5.467 108.329 6.531
201912 4.905 108.420 5.855
202003 4.989 108.902 5.929
202006 4.645 108.767 5.527
202009 5.565 109.815 6.558
202012 4.672 109.897 5.502
202103 5.011 111.754 5.803
202106 4.811 114.631 5.432
202109 5.732 115.734 6.410
202112 4.845 117.630 5.331
202203 5.235 121.301 5.585
202206 4.927 125.017 5.101
202209 6.075 125.227 6.278
202212 5.554 125.222 5.740
202303 5.639 127.348 5.731
202306 5.237 128.729 5.265
202309 6.075 129.860 6.054
202312 5.481 129.419 5.481
202403 5.707 129.419 5.707

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


FirstEnergy  (NYSE:FE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=38.13/29.21
=1.31

* 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 FirstEnergy was 1.49. The lowest was 0.69. And the median was 0.93.


Be Aware

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


FirstEnergy Cyclically Adjusted Revenue per Share Related Terms

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


FirstEnergy (FirstEnergy) Business Description

Industry
Traded in Other Exchanges
Address
76 South Main Street, Akron, OH, USA, 44308
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
Executives
Christine Walker officer: VP, Human Resources 76 SOUTH MAIN STREET, AKRON OH 44308
Brian X Tierney director, officer: President and CEO 76 S. MAIN ST., AKRON OH 44308
Jana T Croom director 1205 KIMBALL BLVD., JASPER IN 47546
Sean Klimczak director C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Paul J Kaleta director P O BOX 30150, RENO NV 89520
Lisa Winston Hicks director 76 S. MAIN ST, AKRON OH 44308
Melvin D. Williams director 76 SOUTH MAIN STREET, AKRON OH 44308
Jesse Lynn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Somerhalder John W Ii director, officer: Vice Chair & Exec Director 76 SOUTH MAIN STREET, AKRON OH 44308
Hyun Park officer: SVP & CLO 76 SOUTH MAIN STREET, AKRON OH 44308
Christopher D Pappas director C/O 76 SOUTH MAIN STREET, AKRON OH 44308
Leila L Vespoli officer: Sr. Vice Pres & Gen. Counsel C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
James F Pearson officer: Treasurer 76 SOUTH MAIN STREET, AKRON OH 44308
Leslie M Turner director THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17036