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Exxon Mobil (BSP:EXXO34) Cyclically Adjusted PS Ratio : 1.57 (As of May. 14, 2024)


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What is Exxon Mobil Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Exxon Mobil's current share price is R$75.76. Exxon Mobil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$48.27. Exxon Mobil's Cyclically Adjusted PS Ratio for today is 1.57.

The historical rank and industry rank for Exxon Mobil's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:EXXO34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.99   Max: 1.58
Current: 1.53

During the past years, Exxon Mobil's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.40. And the median was 0.99.

BSP:EXXO34's Cyclically Adjusted PS Ratio is ranked worse than
64.2% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs BSP:EXXO34: 1.53

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.

Exxon Mobil's adjusted revenue per share data for the three months ended in Mar. 2024 was R$12.520. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$48.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Cyclically Adjusted PS Ratio Chart

Exxon Mobil 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 0.86 0.53 0.79 1.39 1.28

Exxon Mobil 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 1.37 1.35 1.48 1.28 1.51

Competitive Comparison of Exxon Mobil's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


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

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

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



Exxon Mobil 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.

Exxon Mobil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.76/48.27
=1.57

* 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.

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

For example, Exxon Mobil'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)
=12.52/129.4194*129.4194
=12.520

Current CPI (Mar. 2024) = 129.4194.

Exxon Mobil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.877 100.560 8.851
201409 7.068 100.428 9.108
201412 6.537 99.070 8.540
201503 6.039 99.621 7.845
201506 6.609 100.684 8.495
201509 7.648 100.392 9.859
201512 4.416 99.792 5.727
201603 5.212 100.470 6.714
201606 5.773 101.688 7.347
201609 5.525 101.861 7.020
201612 4.058 101.863 5.156
201703 5.228 102.862 6.578
201706 5.404 103.349 6.767
201709 5.441 104.136 6.762
201712 6.297 104.011 7.835
201803 6.281 105.290 7.720
201806 7.886 106.317 9.600
201809 8.921 106.507 10.840
201812 7.765 105.998 9.481
201903 6.931 107.251 8.364
201906 7.616 108.070 9.121
201909 7.647 108.329 9.136
201912 7.573 108.420 9.040
202003 7.886 108.902 9.372
202006 4.901 108.767 5.832
202009 7.179 109.815 8.461
202012 6.882 109.897 8.105
202103 9.489 111.754 10.989
202106 9.792 114.631 11.055
202109 11.094 115.734 12.406
202112 13.444 117.630 14.791
202203 12.793 121.301 13.649
202206 16.585 125.017 17.169
202209 16.682 125.227 17.241
202212 14.758 125.222 15.253
202303 13.276 127.348 13.492
202306 12.056 128.729 12.121
202309 13.584 129.860 13.538
202312 12.458 129.419 12.458
202403 12.520 129.419 12.520

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.


Exxon Mobil  (BSP:EXXO34) 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.


Exxon Mobil Cyclically Adjusted PS Ratio Related Terms

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


Exxon Mobil (BSP:EXXO34) Business Description

Industry
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

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