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Halliburton Co (BSP:HALI34) Cyclically Adjusted Revenue per Share : R$145.56 (As of Mar. 2024)


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What is Halliburton Co 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.

Halliburton Co's adjusted revenue per share for the three months ended in Mar. 2024 was R$32.439. 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$145.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Halliburton Co's average Cyclically Adjusted Revenue Growth Rate was -4.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 Halliburton Co was 9.40% per year. The lowest was -5.60% per year. And the median was 3.00% per year.

As of today (2024-05-17), Halliburton Co's current stock price is R$191.16. Halliburton Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$145.56. Halliburton Co's Cyclically Adjusted PS Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Halliburton Co was 3.16. The lowest was 0.17. And the median was 1.36.


Halliburton Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Halliburton Co'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.

Halliburton Co Cyclically Adjusted Revenue per Share Chart

Halliburton Co 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 120.49 152.61 167.36 157.32 141.60

Halliburton Co 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 151.92 143.62 149.75 141.60 145.56

Competitive Comparison of Halliburton Co's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Halliburton Co'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.


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

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

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



Halliburton Co 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, Halliburton Co'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)
=32.439/131.7762*131.7762
=32.439

Current CPI (Mar. 2024) = 131.7762.

Halliburton Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.129 100.560 27.688
201409 23.820 100.428 31.255
201412 27.290 99.070 36.299
201503 26.055 99.621 34.465
201506 21.567 100.684 28.227
201509 25.483 100.392 33.450
201512 23.040 99.792 30.424
201603 18.093 100.470 23.731
201606 15.266 101.688 19.783
201609 14.432 101.861 18.670
201612 15.609 101.863 20.193
201703 15.435 102.862 19.774
201706 18.755 103.349 23.914
201709 19.534 104.136 24.719
201712 22.420 104.011 28.405
201803 21.437 105.290 26.830
201806 26.341 106.317 32.649
201809 28.883 106.507 35.736
201812 26.436 105.998 32.865
201903 25.240 107.251 31.012
201906 26.131 108.070 31.863
201909 26.100 108.329 31.749
201912 24.267 108.420 29.495
202003 28.032 108.902 33.920
202006 18.908 108.767 22.908
202009 18.214 109.815 21.857
202012 18.775 109.897 22.513
202103 21.875 111.754 25.794
202106 20.945 114.631 24.078
202109 22.793 115.734 25.952
202112 27.023 117.630 30.273
202203 23.609 121.301 25.648
202206 28.176 125.017 29.699
202209 30.868 125.227 32.482
202212 32.140 125.222 33.822
202303 32.601 127.348 33.735
202306 31.165 128.729 31.903
202309 31.779 129.860 32.248
202312 31.384 129.419 31.956
202403 32.439 131.776 32.439

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


Halliburton Co  (BSP:HALI34) 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.

Halliburton Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=191.16/145.56
=1.31

* 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 Halliburton Co was 3.16. The lowest was 0.17. And the median was 1.36.


Be Aware

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


Halliburton Co Cyclically Adjusted Revenue per Share Related Terms

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


Halliburton Co (BSP:HALI34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (BSP:HALI34) » Definitions » Cyclically Adjusted Revenue per Share
Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.

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