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California Resources (FRA:1CLD) Cyclically Adjusted Revenue per Share : €54.32 (As of Mar. 2024)


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What is California Resources 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.

California Resources's adjusted revenue per share for the three months ended in Mar. 2024 was €6.907. 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 €54.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, California Resources's average Cyclically Adjusted Revenue Growth Rate was -9.60% 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.

As of today (2024-06-08), California Resources's current stock price is €43.80. California Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €54.32. California Resources's Cyclically Adjusted PS Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of California Resources was 0.94. The lowest was 0.54. And the median was 0.72.


California Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for California Resources'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.

California Resources Cyclically Adjusted Revenue per Share Chart

California Resources 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 - - - 60.89 54.19

California Resources 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 59.60 58.71 58.84 54.19 54.32

Competitive Comparison of California Resources's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, California Resources'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.


California Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



California Resources 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, California Resources'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)
=6.907/131.7762*131.7762
=6.907

Current CPI (Mar. 2024) = 131.7762.

California Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.950 100.560 22.212
201409 21.974 100.428 28.833
201412 17.350 99.070 23.078
201503 1.395 99.621 1.845
201506 15.145 100.684 19.822
201509 12.981 100.392 17.039
201512 11.577 99.792 15.287
201603 8.094 100.470 10.616
201606 9.703 101.688 12.574
201609 10.264 101.861 13.278
201612 11.175 101.863 14.457
201703 11.347 102.862 14.537
201706 9.929 103.349 12.660
201709 10.021 104.136 12.681
201712 11.850 104.011 15.013
201803 11.871 105.290 14.857
201806 12.716 106.317 15.761
201809 15.395 106.507 19.048
201812 14.795 105.998 18.393
201903 14.156 107.251 17.393
201906 11.368 108.070 13.862
201909 11.885 108.329 14.457
201912 11.647 108.420 14.156
202003 9.068 108.902 10.973
202006 5.023 108.767 6.086
202009 7.015 109.815 8.418
202012 0.000 109.897 0.000
202103 5.808 111.754 6.849
202106 5.683 114.631 6.533
202109 7.355 115.734 8.374
202112 7.431 117.630 8.325
202203 8.270 121.301 8.984
202206 10.168 125.017 10.718
202209 11.675 125.227 12.286
202212 10.259 125.222 10.796
202303 12.326 127.348 12.755
202306 7.189 128.729 7.359
202309 9.056 129.860 9.190
202312 7.709 129.419 7.849
202403 6.907 131.776 6.907

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


California Resources  (FRA:1CLD) 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.

California Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=43.80/54.32
=0.81

* 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 California Resources was 0.94. The lowest was 0.54. And the median was 0.72.


Be Aware

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


California Resources Cyclically Adjusted Revenue per Share Related Terms

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


California Resources (FRA:1CLD) Business Description

Industry
Traded in Other Exchanges
Address
1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. CRC has a large portfolio of lower-risk conventional opportunities in the following California oil and gas basins: San Joaquin, Los Angeles, Ventura, and Sacramento.

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