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Imperial Oil (STU:IMP) Cyclically Adjusted PS Ratio : 1.61 (As of Jun. 05, 2024)


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What is Imperial Oil Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Imperial Oil's current share price is €59.02. Imperial Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €36.75. Imperial Oil's Cyclically Adjusted PS Ratio for today is 1.61.

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

STU:IMP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.23   Max: 1.84
Current: 1.68

During the past years, Imperial Oil's highest Cyclically Adjusted PS Ratio was 1.84. The lowest was 0.35. And the median was 1.23.

STU:IMP's Cyclically Adjusted PS Ratio is ranked worse than
68.48% of 755 companies
in the Oil & Gas industry
Industry Median: 0.9 vs STU:IMP: 1.68

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.

Imperial Oil's adjusted revenue per share data for the three months ended in Mar. 2024 was €14.758. 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 €36.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Imperial Oil'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.

Imperial Oil Cyclically Adjusted PS Ratio Chart

Imperial Oil 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 0.92 0.65 1.14 1.40 1.44

Imperial Oil 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 1.41 1.35 1.62 1.44 1.73

Competitive Comparison of Imperial Oil's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


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

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

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



Imperial Oil 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.

Imperial Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.02/36.75
=1.61

* 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.

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

For example, Imperial Oil'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)
=14.758/126.2576*126.2576
=14.758

Current CPI (Mar. 2024) = 126.2576.

Imperial Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.203 99.473 9.142
201409 7.644 99.394 9.710
201412 6.283 98.367 8.064
201503 4.988 99.789 6.311
201506 5.832 100.500 7.327
201509 5.285 100.421 6.645
201512 4.578 99.947 5.783
201603 3.821 101.054 4.774
201606 4.715 102.002 5.836
201609 4.901 101.765 6.081
201612 5.575 101.449 6.938
201703 5.392 102.634 6.633
201706 5.170 103.029 6.336
201709 5.415 103.345 6.616
201712 6.027 103.345 7.363
201803 5.658 105.004 6.803
201806 7.252 105.557 8.674
201809 7.610 105.636 9.096
201812 6.151 105.399 7.368
201903 6.426 106.979 7.584
201906 7.582 107.690 8.889
201909 7.397 107.611 8.679
201912 6.977 107.769 8.174
202003 5.451 107.927 6.377
202006 2.943 108.401 3.428
202009 4.765 108.164 5.562
202012 4.870 108.559 5.664
202103 5.985 110.298 6.851
202106 7.058 111.720 7.976
202109 9.250 112.905 10.344
202112 11.804 113.774 13.099
202203 12.999 117.646 13.951
202206 18.646 120.806 19.487
202209 17.498 120.648 18.312
202212 15.951 120.964 16.649
202303 13.442 122.702 13.832
202306 13.278 124.203 13.498
202309 15.802 125.230 15.932
202312 15.291 125.072 15.436
202403 14.758 126.258 14.758

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.


Imperial Oil  (STU:IMP) 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.


Imperial Oil Cyclically Adjusted PS Ratio Related Terms

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


Imperial Oil (STU:IMP) Business Description

Industry
Traded in Other Exchanges
Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.

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