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China Oilfield Services (China Oilfield Services) Cyclically Adjusted Revenue per Share : $0.33 (As of Mar. 2024)


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What is China Oilfield Services 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.

China Oilfield Services's adjusted revenue per share for the three months ended in Mar. 2024 was $0.295. 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 $0.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Oilfield Services's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% 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 China Oilfield Services was 4.40% per year. The lowest was 2.50% per year. And the median was 3.70% per year.

As of today (2024-06-09), China Oilfield Services's current stock price is $1.001. China Oilfield Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.33. China Oilfield Services's Cyclically Adjusted PS Ratio of today is 3.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Oilfield Services was 4.81. The lowest was 1.62. And the median was 2.48.


China Oilfield Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Oilfield Services'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.

China Oilfield Services Cyclically Adjusted Revenue per Share Chart

China Oilfield Services 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 0.42 0.37 0.33 0.45 0.47

China Oilfield Services 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 0.44 0.43 0.43 0.47 0.33

Competitive Comparison of China Oilfield Services's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, China Oilfield Services'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.


China Oilfield Services's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where China Oilfield Services's Cyclically Adjusted PS Ratio falls into.



China Oilfield Services 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, China Oilfield Services'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)
=0.295/115.2271*115.2271
=0.295

Current CPI (Mar. 2024) = 115.2271.

China Oilfield Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.318 98.200 0.373
201409 0.295 98.900 0.344
201412 0.302 99.000 0.352
201503 0.208 99.900 0.240
201506 0.214 99.500 0.248
201509 0.175 100.500 0.201
201512 0.188 100.600 0.215
201603 0.106 102.200 0.120
201606 0.117 101.400 0.133
201609 0.116 102.400 0.131
201612 0.131 102.600 0.147
201703 0.096 103.200 0.107
201706 0.119 103.100 0.133
201709 0.134 104.100 0.148
201712 0.145 104.500 0.160
201803 0.114 105.300 0.125
201806 0.158 104.900 0.174
201809 0.166 106.600 0.179
201812 0.226 106.500 0.245
201903 0.185 107.700 0.198
201906 0.223 107.700 0.239
201909 0.229 109.800 0.240
201912 0.301 111.200 0.312
202003 0.244 112.300 0.250
202006 0.189 110.400 0.197
202009 0.208 111.700 0.215
202012 0.243 111.500 0.251
202103 0.190 112.662 0.194
202106 0.228 111.769 0.235
202109 0.217 112.215 0.223
202112 0.320 113.108 0.326
202203 0.225 114.335 0.227
202206 0.259 114.558 0.261
202209 0.267 115.339 0.267
202212 0.351 115.116 0.351
202303 0.257 115.116 0.257
202306 0.303 114.558 0.305
202309 0.314 115.339 0.314
202312 0.419 114.781 0.421
202403 0.295 115.227 0.295

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


China Oilfield Services  (OTCPK:CHOLF) 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.

China Oilfield Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.001/0.33
=3.03

* 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 China Oilfield Services was 4.81. The lowest was 1.62. And the median was 2.48.


Be Aware

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


China Oilfield Services Cyclically Adjusted Revenue per Share Related Terms

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


China Oilfield Services (China Oilfield Services) Business Description

Industry
Traded in Other Exchanges
Address
201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments; the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.