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Pioneer Natural Resources Co (BSP:P1IO34) Cyclically Adjusted Revenue per Share : R$66.85 (As of Mar. 2024)


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What is Pioneer Natural Resources 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.

Pioneer Natural Resources Co's adjusted revenue per share for the three months ended in Mar. 2024 was R$25.540. 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$66.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pioneer Natural Resources Co's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% 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 Pioneer Natural Resources Co was 19.30% per year. The lowest was 5.80% per year. And the median was 9.70% per year.

As of today (2024-05-14), Pioneer Natural Resources Co's current stock price is R$339.15. Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$66.85. Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio of today is 5.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pioneer Natural Resources Co was 13.37. The lowest was 1.98. And the median was 5.96.


Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pioneer Natural Resources 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.

Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Chart

Pioneer Natural Resources 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 - 44.21 59.85 67.23 71.04

Pioneer Natural Resources 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 67.23 66.54 70.13 71.04 66.85

Competitive Comparison of Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Pioneer Natural Resources 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.


Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Pioneer Natural Resources 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, Pioneer Natural Resources 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)
=25.54/129.4194*129.4194
=25.540

Current CPI (Mar. 2024) = 129.4194.

Pioneer Natural Resources Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.468 100.560 5.750
201409 4.778 100.428 6.157
201412 4.385 99.070 5.728
201503 3.268 99.621 4.246
201506 4.344 100.684 5.584
201509 5.744 100.392 7.405
201512 3.536 99.792 4.586
201603 3.607 100.470 4.646
201606 5.260 101.688 6.694
201609 5.200 101.861 6.607
201612 3.880 101.863 4.930
201703 5.174 102.862 6.510
201706 5.413 103.349 6.778
201709 5.910 104.136 7.345
201712 8.562 104.011 10.654
201803 11.198 105.290 13.764
201806 13.127 106.317 15.979
201809 14.765 106.507 17.941
201812 12.513 105.998 15.278
201903 12.749 107.251 15.384
201906 13.650 108.070 16.347
201909 14.838 108.329 17.727
201912 16.524 108.420 19.724
202003 14.791 108.902 17.578
202006 8.970 108.767 10.673
202009 15.194 109.815 17.906
202012 15.715 109.897 18.507
202103 20.555 111.754 23.804
202106 21.727 114.631 24.530
202109 25.476 115.734 28.488
202112 30.554 117.630 33.616
202203 29.873 121.301 31.872
202206 34.802 125.017 36.028
202209 31.760 125.227 32.823
202212 27.249 125.222 28.162
202303 24.533 127.348 24.932
202306 22.865 128.729 22.988
202309 26.448 129.860 26.358
202312 25.694 129.419 25.694
202403 25.540 129.419 25.540

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


Pioneer Natural Resources Co  (BSP:P1IO34) 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.

Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=339.15/66.85
=5.07

* 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 Pioneer Natural Resources Co was 13.37. The lowest was 1.98. And the median was 5.96.


Be Aware

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


Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Related Terms

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


Pioneer Natural Resources Co (BSP:P1IO34) Business Description

Industry
Traded in Other Exchanges
Address
777 Hidden Ridge, Irving, TX, USA, 75038
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

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