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

OGE Energy (OGE Energy) Cyclically Adjusted Revenue per Share : $14.98 (As of Dec. 2023)


View and export this data going back to 1950. Start your Free Trial

What is OGE Energy 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.

OGE Energy's adjusted revenue per share for the three months ended in Dec. 2023 was $2.821. 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 $14.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, OGE Energy's average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.30% 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 OGE Energy was 13.40% per year. The lowest was -9.00% per year. And the median was 2.15% per year.

As of today (2024-04-28), OGE Energy's current stock price is $33.82. OGE Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.98. OGE Energy's Cyclically Adjusted PS Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of OGE Energy was 3.01. The lowest was 1.26. And the median was 2.13.


OGE Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for OGE Energy'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.

OGE Energy Cyclically Adjusted Revenue per Share Chart

OGE Energy 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 15.30 14.33 14.78 15.03 14.98

OGE 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 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 15.03 14.98 14.96 15.09 14.98

Competitive Comparison of OGE Energy's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, OGE 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.


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

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

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



OGE Energy 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, OGE 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)
=2.821/129.4194*129.4194
=2.821

Current CPI (Dec. 2023) = 129.4194.

OGE Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.809 99.695 3.647
201406 3.059 100.560 3.937
201409 3.770 100.428 4.858
201412 2.632 99.070 3.438
201503 2.407 99.621 3.127
201506 2.755 100.684 3.541
201509 3.604 100.392 4.646
201512 2.240 99.792 2.905
201603 2.169 100.470 2.794
201606 2.760 101.688 3.513
201609 3.721 101.861 4.728
201612 2.651 101.863 3.368
201703 2.280 102.862 2.869
201706 2.933 103.349 3.673
201709 3.582 104.136 4.452
201712 2.510 104.011 3.123
201803 2.461 105.290 3.025
201806 2.828 106.317 3.443
201809 3.484 106.507 4.234
201812 2.549 105.998 3.112
201903 2.444 107.251 2.949
201906 2.561 108.070 3.067
201909 3.762 108.329 4.494
201912 2.351 108.420 2.806
202003 2.154 108.902 2.560
202006 2.511 108.767 2.988
202009 3.503 109.815 4.128
202012 2.426 109.897 2.857
202103 8.149 111.754 9.437
202106 2.881 114.631 3.253
202109 4.313 115.734 4.823
202112 2.902 117.630 3.193
202203 2.938 121.301 3.135
202206 4.004 125.017 4.145
202209 6.326 125.227 6.538
202212 3.540 125.222 3.659
202303 2.775 127.348 2.820
202306 3.013 128.729 3.029
202309 4.703 129.860 4.687
202312 2.821 129.419 2.821

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


OGE Energy  (NYSE:OGE) 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.

OGE Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.82/14.98
=2.26

* 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 OGE Energy was 3.01. The lowest was 1.26. And the median was 2.13.


Be Aware

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


OGE Energy Cyclically Adjusted Revenue per Share Related Terms

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


OGE Energy (OGE Energy) Business Description

Industry
Traded in Other Exchanges
Address
321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold is retail gas business in 1928 and no longer has any gas operations.
Executives
David L Hauser director 704-731-1522, CHARLOTTE NC 28209-4674
Cathy R. Gates director C/O TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
David E Rainbolt director C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Whitfield Johnny W Jr officer: VP Bus Intel, Supp Chain-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Keith E Erickson officer: VP Sales & Cust Oper (OG&E) PO BOX 321, OKLAHOMA CITY OK 73101
Cristina F Mcquistion officer: VP Process & Perf Improvement P.O. BOX 321, OKLAHOMA CITY OK 73101
Patricia D Horn officer: VP-Gov, Env; Corp Sec PO BOX 321, OKLAHOMA CITY OK 73101
David A Parker officer: VP- Tech, Data, Security-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Kissam Luther C Iv director 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Christine Ostendorf Woodworth officer: VP- Corp Com Brand & Marketing C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
J. Michael Sanner director 3701 STONEHURST, JONES OK 73049
Scott A Briggs officer: VP- Human Resources-OG&E PO BOX 321, OKLAHOMA CITY OK 73103
Robert J Burch officer: VP- Utility Technical Services PO BOX 321, OKLAHOMA CITY OK 73101
Matthew J Schuermann officer: VP- Power Supply Ops-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
William Bryan Buckler officer: Chief Financial Officer C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73103