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Viper Energy (FRA:ZT0) Cyclically Adjusted PS Ratio : 6.40 (As of Jun. 07, 2024)


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What is Viper Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Viper Energy's current share price is €32.60. Viper Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.09. Viper Energy's Cyclically Adjusted PS Ratio for today is 6.40.

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

FRA:ZT0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.4   Med: 6.19   Max: 7.27
Current: 6.46

During the past years, Viper Energy's highest Cyclically Adjusted PS Ratio was 7.27. The lowest was 5.40. And the median was 6.19.

FRA:ZT0's Cyclically Adjusted PS Ratio is ranked worse than
94.31% of 756 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:ZT0: 6.46

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.

Viper Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.155. 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 €5.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viper Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Viper 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.

Viper Energy Cyclically Adjusted PS Ratio Chart

Viper 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 - - - - 5.94

Viper 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 - - 5.49 5.94 6.88

Competitive Comparison of Viper Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Viper 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.


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

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

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



Viper 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.60/5.09
=6.40

* 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.

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

For example, Viper 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)
=2.155/131.7762*131.7762
=2.155

Current CPI (Mar. 2024) = 131.7762.

Viper Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.167 100.560 0.219
201409 0.229 100.428 0.300
201412 0.215 99.070 0.286
201503 0.192 99.621 0.254
201506 0.219 100.684 0.287
201509 0.210 100.392 0.276
201512 0.229 99.792 0.302
201603 0.160 100.470 0.210
201606 0.190 101.688 0.246
201609 0.210 101.861 0.272
201612 0.301 101.863 0.389
201703 0.331 102.862 0.424
201706 0.334 103.349 0.426
201709 0.323 104.136 0.409
201712 0.439 104.011 0.556
201803 0.442 105.290 0.553
201806 0.877 106.317 1.087
201809 1.379 106.507 1.706
201812 1.256 105.998 1.561
201903 0.983 107.251 1.208
201906 1.020 108.070 1.244
201909 1.040 108.329 1.265
201912 1.255 108.420 1.525
202003 1.047 108.902 1.267
202006 0.425 108.767 0.515
202009 0.784 109.815 0.941
202012 0.929 109.897 1.114
202103 1.245 111.754 1.468
202106 1.460 114.631 1.678
202109 1.692 115.734 1.927
202112 1.853 117.630 2.076
202203 2.373 121.301 2.578
202206 2.949 125.017 3.108
202209 2.984 125.227 3.140
202212 2.602 125.222 2.738
202303 2.162 127.348 2.237
202306 2.065 128.729 2.114
202309 3.871 129.860 3.928
202312 2.308 129.419 2.350
202403 2.155 131.776 2.155

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.


Viper Energy  (FRA:ZT0) 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.


Viper Energy Cyclically Adjusted PS Ratio Related Terms

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


Viper Energy (FRA:ZT0) Business Description

Industry
Traded in Other Exchanges
Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

Viper Energy (FRA:ZT0) Headlines

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