GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Oil Ltd (XBRU:IMO) » Definitions » Cyclically Adjusted PS Ratio

Imperial Oil (XBRU:IMO) Cyclically Adjusted PS Ratio : (As of Jun. 11, 2024)


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

What is Imperial Oil Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Imperial Oil's Cyclically Adjusted PS Ratio 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.

Imperial Oil Cyclically Adjusted PS Ratio Chart

Imperial Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.65 1.14 1.40 1.44

Imperial Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 1.41 1.35 1.62 1.44 1.73

Competitive Comparison of Imperial Oil's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


Imperial Oil's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Oil's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Imperial Oil Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Imperial Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Imperial Oil'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)
=9.311/126.2576*126.2576
=9.311

Current CPI (Mar. 2024) = 126.2576.

Imperial Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.200 99.473 9.139
201409 7.643 99.394 9.709
201412 6.278 98.367 8.058
201503 4.985 99.789 6.307
201506 5.830 100.500 7.324
201509 5.284 100.421 6.643
201512 4.574 99.947 5.778
201603 3.818 101.054 4.770
201606 4.712 102.002 5.833
201609 4.900 101.765 6.079
201612 5.570 101.449 6.932
201703 5.387 102.634 6.627
201706 5.163 103.029 6.327
201709 5.376 103.345 6.568
201712 5.932 103.345 7.247
201803 5.529 105.004 6.648
201806 6.977 105.557 8.345
201809 7.158 105.636 8.555
201812 5.708 105.399 6.838
201903 5.888 106.979 6.949
201906 6.859 107.690 8.042
201909 6.608 107.611 7.753
201912 6.149 107.769 7.204
202003 4.733 107.927 5.537
202006 2.539 108.401 2.957
202009 4.123 108.164 4.813
202012 4.201 108.559 4.886
202103 5.174 110.298 5.923
202106 6.020 111.720 6.803
202109 7.630 112.905 8.532
202112 9.564 113.774 10.613
202203 10.264 117.646 11.015
202206 14.527 120.806 15.183
202209 12.890 120.648 13.489
202212 11.299 120.964 11.793
202303 9.247 122.702 9.515
202306 9.115 124.203 9.266
202309 10.757 125.230 10.845
202312 9.949 125.072 10.043
202403 9.311 126.258 9.311

Add all the adjusted revenue per share together and divide 10 will get our 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.


Imperial Oil  (XBRU:IMO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Imperial Oil Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Imperial Oil's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Imperial Oil (XBRU:IMO) Business Description

Industry
Traded in Other Exchanges
Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.

Imperial Oil (XBRU:IMO) Headlines

From GuruFocus

Imperial declares third quarter 2023 dividend

By Business Wire 07-28-2023

Imperial provides 2024 corporate guidance outlook

By Business Wire 12-18-2023

Imperial to hold 2022 Third Quarter Earnings Call

By Business Wire Business Wire 10-17-2022

FLO teams with Imperial to support Canada's emissions reduction goals

By Business Wire Business Wire 10-20-2022

Imperial to hold 2023 Fourth Quarter Earnings Call

By Business Wire 01-17-2024

Imperial to hold 2023 Third Quarter Earnings Call

By Business Wire 10-17-2023

Imperial declares fourth quarter 2022 dividend

By Business Wire Business Wire 10-28-2022