GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (FRA:XCQ) » Definitions » Cyclically Adjusted PS Ratio

Coterra Energy (FRA:XCQ) Cyclically Adjusted PS Ratio : 4.43 (As of Jun. 09, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Coterra Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Coterra Energy's current share price is €25.165. Coterra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.68. Coterra Energy's Cyclically Adjusted PS Ratio for today is 4.43.

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

FRA:XCQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.37   Med: 6.89   Max: 18.03
Current: 4.4

During the past years, Coterra Energy's highest Cyclically Adjusted PS Ratio was 18.03. The lowest was 3.37. And the median was 6.89.

FRA:XCQ's Cyclically Adjusted PS Ratio is ranked worse than
90.22% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:XCQ: 4.40

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.

Coterra Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.746. 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 €5.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coterra Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coterra Energy'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.

Coterra Energy Cyclically Adjusted PS Ratio Chart

Coterra Energy 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 4.51 4.03 4.11 4.31 4.17

Coterra Energy 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 4.15 4.22 4.45 4.17 4.45

Competitive Comparison of Coterra Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Coterra 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.


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

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

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



Coterra Energy 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.

Coterra Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.165/5.68
=4.43

* 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.

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

For example, Coterra Energy'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)
=1.746/131.7762*131.7762
=1.746

Current CPI (Mar. 2024) = 131.7762.

Coterra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.936 100.560 1.227
201409 0.950 100.428 1.247
201412 1.208 99.070 1.607
201503 1.035 99.621 1.369
201506 0.660 100.684 0.864
201509 0.657 100.392 0.862
201512 0.623 99.792 0.823
201603 0.586 100.470 0.769
201606 0.472 101.688 0.612
201609 0.595 101.861 0.770
201612 0.645 101.863 0.834
201703 1.037 102.862 1.328
201706 0.878 103.349 1.120
201709 0.696 104.136 0.881
201712 0.729 104.011 0.924
201803 0.832 105.290 1.041
201806 0.857 106.317 1.062
201809 1.054 106.507 1.304
201812 1.453 105.998 1.806
201903 1.336 107.251 1.642
201906 1.114 108.070 1.358
201909 0.940 108.329 1.143
201912 1.015 108.420 1.234
202003 0.875 108.902 1.059
202006 0.735 108.767 0.890
202009 0.620 109.815 0.744
202012 0.932 109.897 1.118
202103 0.961 111.754 1.133
202106 0.667 114.631 0.767
202109 0.928 115.734 1.057
202112 2.420 117.630 2.711
202203 1.873 121.301 2.035
202206 3.011 125.017 3.174
202209 3.193 125.227 3.360
202212 2.756 125.222 2.900
202303 2.161 127.348 2.236
202306 1.439 128.729 1.473
202309 1.676 129.860 1.701
202312 1.941 129.419 1.976
202403 1.746 131.776 1.746

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.


Coterra Energy  (FRA:XCQ) 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.


Coterra Energy Cyclically Adjusted PS Ratio Related Terms

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


Coterra Energy (FRA:XCQ) Business Description

Industry
Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Coterra Energy (FRA:XCQ) Headlines

No Headlines