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Quanta Services (Quanta Services) Cyclically Adjusted Revenue per Share : $87.36 (As of Dec. 2023)


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What is Quanta Services 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.

Quanta Services's adjusted revenue per share for the three months ended in Dec. 2023 was $38.807. 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 $87.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Quanta Services's average Cyclically Adjusted Revenue Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.90% 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 Quanta Services was 18.70% per year. The lowest was -2.40% per year. And the median was 11.00% per year.

As of today (2024-04-27), Quanta Services's current stock price is $261.66. Quanta Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $87.36. Quanta Services's Cyclically Adjusted PS Ratio of today is 3.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Quanta Services was 3.01. The lowest was 0.55. And the median was 1.26.


Quanta Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Quanta Services'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.

Quanta Services Cyclically Adjusted Revenue per Share Chart

Quanta Services 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 45.93 52.26 62.61 74.69 87.36

Quanta Services 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 74.69 77.98 81.32 84.80 87.36

Competitive Comparison of Quanta Services's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Quanta Services'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.


Quanta Services's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Quanta Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Quanta Services 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, Quanta Services'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)
=38.807/129.4194*129.4194
=38.807

Current CPI (Dec. 2023) = 129.4194.

Quanta Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.046 99.695 10.445
201406 8.369 100.560 10.771
201409 9.776 100.428 12.598
201412 9.196 99.070 12.013
201503 8.638 99.621 11.222
201506 8.788 100.684 11.296
201509 10.264 100.392 13.232
201512 11.730 99.792 15.212
201603 10.526 100.470 13.559
201606 11.480 101.688 14.611
201609 13.173 101.861 16.737
201612 13.578 101.863 17.251
201703 14.037 102.862 17.661
201706 14.090 103.349 17.644
201709 16.450 104.136 20.444
201712 15.664 104.011 19.490
201803 15.344 105.290 18.860
201806 17.183 106.317 20.917
201809 19.424 106.507 23.603
201812 20.568 105.998 25.113
201903 19.168 107.251 23.130
201906 19.283 108.070 23.092
201909 22.741 108.329 27.168
201912 20.903 108.420 24.952
202003 18.831 108.902 22.379
202006 17.462 108.767 20.778
202009 20.921 109.815 24.656
202012 19.942 109.897 23.485
202103 18.717 111.754 21.676
202106 20.745 114.631 23.421
202109 23.238 115.734 25.986
202112 26.484 117.630 29.138
202203 26.779 121.301 28.571
202206 28.554 125.017 29.560
202209 30.199 125.227 31.210
202212 29.907 125.222 30.910
202303 29.791 127.348 30.276
202306 33.935 128.729 34.117
202309 37.776 129.860 37.648
202312 38.807 129.419 38.807

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


Quanta Services  (NYSE:PWR) 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.

Quanta Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=261.66/87.36
=3.00

* 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 Quanta Services was 3.01. The lowest was 0.55. And the median was 1.26.


Be Aware

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


Quanta Services Cyclically Adjusted Revenue per Share Related Terms

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


Quanta Services (Quanta Services) Business Description

Industry
Traded in Other Exchanges
Address
277 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure. In 2021, the company acquired Blattner, a provider of comprehensive engineering, procurement, and construction solutions to customers in the renewable energy industry.
Executives
Donald Wayne officer: EVP and General Counsel 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Raul Javier Valentin director ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Dorothy Upperman officer: VP Tax 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Bernard Fried director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Worthing F Jackman director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Ducey Gerald A Jr officer: Pres. - Strategic Operations 2727 NORTH LOOP WEST, HOUSTON TX 77008
Austin Earl C. Jr. director, officer: President, CEO and COO QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
James Redgie Probst officer: President - Electric Power 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Derrick A Jensen officer: Chief Financial Officer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Robert Scott Rowe director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Vincent D Foster director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Paul Nobel officer: Chief Accounting Officer & VP C/O QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
John Michal Conaway director QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Nicholas M Grindstaff officer: VP - Finance and Treasurer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175