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Diamondback Energy (BSP:F1AN34) Cyclically Adjusted Revenue per Share : R$53.92 (As of Mar. 2024)


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What is Diamondback Energy Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Diamondback Energy's adjusted revenue per share for the three months ended in Mar. 2024 was R$30.943. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$53.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Diamondback Energy's average Cyclically Adjusted Revenue Growth Rate was 21.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 33.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Diamondback Energy was 33.00% per year. The lowest was 33.00% per year. And the median was 33.00% per year.

As of today (2024-05-21), Diamondback Energy's current stock price is R$501.50. Diamondback Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$53.92. Diamondback Energy's Cyclically Adjusted PS Ratio of today is 9.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diamondback Energy was 9.31. The lowest was 2.28. And the median was 6.23.


Diamondback Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Diamondback Energy's Cyclically Adjusted Revenue per Share 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.

Diamondback Energy Cyclically Adjusted Revenue per Share Chart

Diamondback Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 29.90 44.00 58.02 66.04

Diamondback 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 Revenue per Share 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 57.87 58.55 64.11 66.04 53.92

Competitive Comparison of Diamondback Energy's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Diamondback 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.


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

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

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



Diamondback Energy Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Diamondback 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)
=30.943/131.7762*131.7762
=30.943

Current CPI (Mar. 2024) = 131.7762.

Diamondback Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.776 100.560 3.638
201409 2.933 100.428 3.849
201412 3.022 99.070 4.020
201503 2.717 99.621 3.594
201506 3.014 100.684 3.945
201509 3.348 100.392 4.395
201512 3.316 99.792 4.379
201603 2.277 100.470 2.986
201606 2.685 101.688 3.479
201609 2.996 101.861 3.876
201612 3.861 101.863 4.995
201703 3.940 102.862 5.048
201706 4.514 103.349 5.756
201709 4.797 104.136 6.070
201712 6.542 104.011 8.288
201803 7.918 105.290 9.910
201806 10.019 106.317 12.418
201809 11.101 106.507 13.735
201812 9.893 105.998 12.299
201903 10.029 107.251 12.322
201906 11.893 108.070 14.502
201909 12.312 108.329 14.977
201912 13.912 108.420 16.909
202003 13.827 108.902 16.731
202006 6.953 108.767 8.424
202009 12.300 109.815 14.760
202012 12.491 109.897 14.978
202103 20.210 111.754 23.831
202106 23.297 114.631 26.781
202109 27.660 115.734 31.494
202112 31.557 117.630 35.352
202203 33.476 121.301 36.367
202206 39.336 125.017 41.463
202209 36.334 125.227 38.234
202212 29.645 125.222 31.197
202303 27.218 127.348 28.164
202306 25.510 128.729 26.114
202309 32.083 129.860 32.557
202312 30.378 129.419 30.931
202403 30.943 131.776 30.943

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Diamondback Energy  (BSP:F1AN34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Diamondback Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=501.50/53.92
=9.30

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diamondback Energy was 9.31. The lowest was 2.28. And the median was 6.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Diamondback Energy Cyclically Adjusted Revenue per Share Related Terms

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


Diamondback Energy (BSP:F1AN34) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamondback Energy Inc (BSP:F1AN34) » Definitions » Cyclically Adjusted Revenue per Share
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Address
500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2022, the company reported net proven reserves of 2 billion barrels of oil equivalent. Net production averaged about 386,000 barrels per day in 2022, at a ratio of 58% oil, 21% natural gas liquids, and 21% natural gas.

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