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TotalEnergies SE (TotalEnergies SE) Cyclically Adjusted PS Ratio : 0.99 (As of May. 14, 2024)


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What is TotalEnergies SE Cyclically Adjusted PS Ratio?

As of today (2024-05-14), TotalEnergies SE's current share price is $74.06. TotalEnergies SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $74.95. TotalEnergies SE's Cyclically Adjusted PS Ratio for today is 0.99.

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

TTE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.7   Max: 1.01
Current: 0.99

During the past years, TotalEnergies SE's highest Cyclically Adjusted PS Ratio was 1.01. The lowest was 0.37. And the median was 0.70.

TTE's Cyclically Adjusted PS Ratio is ranked worse than
53.76% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TTE: 0.99

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.

TotalEnergies SE's adjusted revenue per share data for the three months ended in Mar. 2024 was $21.947. 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 $74.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TotalEnergies SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Cyclically Adjusted PS Ratio Chart

TotalEnergies SE 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 0.74 0.55 0.71 0.87 0.89

TotalEnergies SE 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 0.79 0.76 0.90 0.89 0.92

Competitive Comparison of TotalEnergies SE's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


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

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

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



TotalEnergies SE 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.

TotalEnergies SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.06/74.95
=0.99

* 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.

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

For example, TotalEnergies SE'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)
=21.947/118.2300*118.2300
=21.947

Current CPI (Mar. 2024) = 118.2300.

TotalEnergies SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.641 100.180 29.081
201409 23.730 99.920 28.078
201412 20.435 99.860 24.194
201503 16.101 100.170 19.004
201506 17.050 100.440 20.070
201509 14.554 99.950 17.216
201512 13.843 100.040 16.360
201603 11.482 100.020 13.572
201606 13.061 100.630 15.345
201609 12.867 100.340 15.161
201612 15.148 100.650 17.794
201703 14.442 101.170 16.877
201706 13.373 101.320 15.605
201709 14.430 101.330 16.837
201712 15.018 101.850 17.433
201803 16.858 102.750 19.398
201806 17.098 103.370 19.556
201809 18.103 103.560 20.667
201812 17.562 103.470 20.067
201903 16.970 103.890 19.312
201906 16.565 104.580 18.727
201909 15.952 104.500 18.048
201912 16.353 104.980 18.417
202003 14.832 104.590 16.766
202006 8.299 104.790 9.363
202009 10.321 104.550 11.671
202012 11.255 104.960 12.678
202103 14.326 105.750 16.017
202106 15.098 106.340 16.786
202109 18.170 106.810 20.113
202112 20.747 107.850 22.744
202203 24.188 110.490 25.882
202206 26.980 112.550 28.342
202209 25.295 112.740 26.527
202212 24.884 114.160 25.771
202303 23.369 116.790 23.657
202306 20.800 117.650 20.903
202309 22.332 118.260 22.326
202312 22.823 118.230 22.823
202403 21.947 118.230 21.947

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.


TotalEnergies SE  (NYSE:TTE) 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.


TotalEnergies SE Cyclically Adjusted PS Ratio Related Terms

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


TotalEnergies SE (TotalEnergies SE) Business Description

Industry
Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.