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TransAlta (TransAlta) Cyclically Adjusted Revenue per Share : $7.81 (As of Mar. 2024)


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What is TransAlta 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.

TransAlta's adjusted revenue per share for the three months ended in Mar. 2024 was $2.271. 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 $7.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TransAlta's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 TransAlta was 4.90% per year. The lowest was -6.20% per year. And the median was -3.00% per year.

As of today (2024-06-11), TransAlta's current stock price is $7.28. TransAlta's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.81. TransAlta's Cyclically Adjusted PS Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TransAlta was 1.51. The lowest was 0.30. And the median was 0.87.


TransAlta Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TransAlta'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.

TransAlta Cyclically Adjusted Revenue per Share Chart

TransAlta 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 7.76 7.43 7.53 7.44 7.93

TransAlta 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 7.65 7.87 7.80 7.93 7.81

Competitive Comparison of TransAlta's Cyclically Adjusted Revenue per Share

For the Utilities - Independent Power Producers subindustry, TransAlta'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.


TransAlta's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TransAlta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TransAlta 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, TransAlta'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)
=2.271/126.2576*126.2576
=2.271

Current CPI (Mar. 2024) = 126.2576.

TransAlta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.667 99.473 2.116
201409 2.126 99.394 2.701
201412 2.256 98.367 2.896
201503 1.697 99.789 2.147
201506 1.270 100.500 1.595
201509 1.720 100.421 2.163
201512 1.533 99.947 1.937
201603 1.491 101.054 1.863
201606 1.325 102.002 1.640
201609 1.642 101.765 2.037
201612 1.866 101.449 2.322
201703 1.499 102.634 1.844
201706 1.314 103.029 1.610
201709 1.663 103.345 2.032
201712 1.735 103.345 2.120
201803 1.579 105.004 1.899
201806 1.180 105.557 1.411
201809 1.585 105.636 1.894
201812 1.613 105.399 1.932
201903 1.700 106.979 2.006
201906 1.317 107.690 1.544
201909 1.588 107.611 1.863
201912 1.652 107.769 1.935
202003 1.567 107.927 1.833
202006 1.168 108.401 1.360
202009 1.418 108.164 1.655
202012 1.561 108.559 1.815
202103 1.892 110.298 2.166
202106 1.876 111.720 2.120
202109 2.475 112.905 2.768
202112 1.759 113.774 1.952
202203 2.142 117.646 2.299
202206 1.320 120.806 1.380
202209 2.570 120.648 2.689
202212 2.320 120.964 2.422
202303 2.970 122.702 3.056
202306 1.782 124.203 1.811
202309 2.858 125.230 2.881
202312 1.505 125.072 1.519
202403 2.271 126.258 2.271

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


TransAlta  (NYSE:TAC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.28/7.81
=0.93

* 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 TransAlta was 1.51. The lowest was 0.30. And the median was 0.87.


Be Aware

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


TransAlta Cyclically Adjusted Revenue per Share Related Terms

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


TransAlta (TransAlta) Business Description

Address
110 - 12th Avenue SW, Station M, Calgary, AB, CAN, T2P 2M1
TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company's revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.