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Weatherford International (STU:0WE) Cyclically Adjusted PS Ratio : 3.20 (As of Jun. 07, 2024)


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What is Weatherford International Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Weatherford International's current share price is €101.90. Weatherford International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €31.80. Weatherford International's Cyclically Adjusted PS Ratio for today is 3.20.

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

STU:0WE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 1.39   Max: 3.76
Current: 3.27

During the past years, Weatherford International's highest Cyclically Adjusted PS Ratio was 3.76. The lowest was 0.11. And the median was 1.39.

STU:0WE's Cyclically Adjusted PS Ratio is ranked worse than
83.86% of 756 companies
in the Oil & Gas industry
Industry Median: 0.89 vs STU:0WE: 3.27

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.

Weatherford International's adjusted revenue per share data for the three months ended in Mar. 2024 was €16.725. 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 €31.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weatherford International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Weatherford International'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.

Weatherford International Cyclically Adjusted PS Ratio Chart

Weatherford International 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 2.04 0.34 1.26 1.89 3.04

Weatherford International 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 2.10 2.24 2.90 3.04 3.40

Competitive Comparison of Weatherford International's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Weatherford International'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.


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

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

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



Weatherford International 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.

Weatherford International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.90/31.8
=3.20

* 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.

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

For example, Weatherford International'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)
=16.725/131.7762*131.7762
=16.725

Current CPI (Mar. 2024) = 131.7762.

Weatherford International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.515 100.560 4.606
201409 3.837 100.428 5.035
201412 3.875 99.070 5.154
201503 3.318 99.621 4.389
201506 2.737 100.684 3.582
201509 2.559 100.392 3.359
201512 2.362 99.792 3.119
201603 1.751 100.470 2.297
201606 1.388 101.688 1.799
201609 1.344 101.861 1.739
201612 1.426 101.863 1.845
201703 1.312 102.862 1.681
201706 1.225 103.349 1.562
201709 1.237 104.136 1.565
201712 1.268 104.011 1.606
201803 1.161 105.290 1.453
201806 1.243 106.317 1.541
201809 1.240 106.507 1.534
201812 1.254 105.998 1.559
201903 1.188 107.251 1.460
201906 1.154 108.070 1.407
201909 1.188 108.329 1.445
201912 0.883 108.420 1.073
202003 15.708 108.902 19.007
202006 10.415 108.767 12.618
202009 9.788 109.815 11.745
202012 9.887 109.897 11.855
202103 9.984 111.754 11.773
202106 10.707 114.631 12.308
202109 11.475 115.734 13.066
202112 12.200 117.630 13.667
202203 12.167 121.301 13.218
202206 13.788 125.017 14.533
202209 15.711 125.227 16.533
202212 15.217 125.222 16.013
202303 15.071 127.348 15.595
202306 16.108 128.729 16.489
202309 16.625 129.860 16.870
202312 16.878 129.419 17.185
202403 16.725 131.776 16.725

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.


Weatherford International  (STU:0WE) 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.


Weatherford International Cyclically Adjusted PS Ratio Related Terms

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


Weatherford International (STU:0WE) Business Description

Traded in Other Exchanges
Address
2000 St. James Place, Houston, TX, USA, 77056
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International (STU:0WE) Headlines

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