GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (NEOE:XOM) » Definitions » Cyclically Adjusted PS Ratio

Exxon Mobil (NEOE:XOM) Cyclically Adjusted PS Ratio : 1.45 (As of May. 26, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Exxon Mobil Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Exxon Mobil's current share price is C$21.42. Exxon Mobil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$14.81. Exxon Mobil's Cyclically Adjusted PS Ratio for today is 1.45.

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

NEOE:XOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.99   Max: 1.55
Current: 1.45

During the past years, Exxon Mobil's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.40. And the median was 0.99.

NEOE:XOM's Cyclically Adjusted PS Ratio is ranked worse than
62.75% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs NEOE:XOM: 1.45

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 C$27.225. 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 C$14.81 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 1.49

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
=21.42/14.81
=1.45

* 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)
=27.225/131.7762*131.7762
=27.225

Current CPI (Mar. 2024) = 131.7762.

Exxon Mobil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 26.645 100.560 34.916
201409 26.632 100.428 34.945
201412 22.827 99.070 30.363
201503 19.404 99.621 25.667
201506 21.009 100.684 27.497
201509 20.795 100.392 27.296
201512 12.482 99.792 16.483
201603 14.912 100.470 19.558
201606 17.394 101.688 22.541
201609 17.810 101.861 23.041
201612 12.909 101.863 16.700
201703 17.902 102.862 22.934
201706 17.440 103.349 22.237
201709 17.063 104.136 21.592
201712 19.540 104.011 24.756
201803 19.819 105.290 24.805
201806 21.959 106.317 27.217
201809 22.640 106.507 28.012
201812 21.492 105.998 26.719
201903 19.304 107.251 23.718
201906 20.999 108.070 25.605
201909 19.662 108.329 23.918
201912 19.437 108.420 23.624
202003 18.025 108.902 21.811
202006 10.242 108.767 12.409
202009 14.071 109.815 16.885
202012 13.707 109.897 16.436
202103 16.933 111.754 19.967
202106 19.037 114.631 21.884
202109 21.304 115.734 24.257
202112 24.344 117.630 27.272
202203 26.036 121.301 28.284
202206 33.655 125.017 35.475
202209 33.949 125.227 35.725
202212 30.578 125.222 32.179
202303 27.901 127.348 28.871
202306 26.400 128.729 27.025
202309 29.775 129.860 30.214
202312 27.289 129.419 27.786
202403 27.225 131.776 27.225

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  (NEOE:XOM) 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 (NEOE:XOM) 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.

Exxon Mobil (NEOE:XOM) Headlines