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Dril-Quip (FRA:DQU) Cyclically Adjusted Revenue per Share : €15.09 (As of Mar. 2024)


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What is Dril-Quip 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.

Dril-Quip's adjusted revenue per share for the three months ended in Mar. 2024 was €2.948. 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 €15.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dril-Quip's average Cyclically Adjusted Revenue Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% 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 Dril-Quip was 11.10% per year. The lowest was -1.70% per year. And the median was 7.00% per year.

As of today (2024-05-31), Dril-Quip's current stock price is €17.06. Dril-Quip's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €15.09. Dril-Quip's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dril-Quip was 8.43. The lowest was 1.08. And the median was 2.52.


Dril-Quip Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Dril-Quip'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.

Dril-Quip Cyclically Adjusted Revenue per Share Chart

Dril-Quip 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 15.33 14.54 15.23 16.12 14.92

Dril-Quip 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 15.82 15.54 15.77 14.92 15.09

Competitive Comparison of Dril-Quip's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Dril-Quip'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.


Dril-Quip's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dril-Quip's Cyclically Adjusted PS Ratio falls into.



Dril-Quip 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, Dril-Quip'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)
=2.948/131.7762*131.7762
=2.948

Current CPI (Mar. 2024) = 131.7762.

Dril-Quip Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.179 100.560 5.476
201409 4.704 100.428 6.172
201412 5.241 99.070 6.971
201503 5.363 99.621 7.094
201506 4.932 100.684 6.455
201509 4.655 100.392 6.110
201512 4.902 99.792 6.473
201603 3.952 100.470 5.183
201606 3.361 101.688 4.355
201609 2.933 101.861 3.794
201612 2.677 101.863 3.463
201703 2.958 102.862 3.789
201706 3.018 103.349 3.848
201709 2.243 104.136 2.838
201712 2.449 104.011 3.103
201803 2.132 105.290 2.668
201806 2.159 106.317 2.676
201809 2.153 106.507 2.664
201812 2.360 105.998 2.934
201903 2.347 107.251 2.884
201906 2.537 108.070 3.094
201909 2.764 108.329 3.362
201912 2.629 108.420 3.195
202003 2.434 108.902 2.945
202006 2.293 108.767 2.778
202009 2.199 109.815 2.639
202012 2.033 109.897 2.438
202103 1.929 111.754 2.275
202106 1.895 114.631 2.178
202109 1.994 115.734 2.270
202112 1.948 117.630 2.182
202203 2.188 121.301 2.377
202206 2.579 125.017 2.718
202209 2.601 125.227 2.737
202212 2.600 125.222 2.736
202303 2.461 127.348 2.547
202306 2.398 128.729 2.455
202309 3.219 129.860 3.267
202312 3.263 129.419 3.322
202403 2.948 131.776 2.948

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


Dril-Quip  (FRA:DQU) 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.

Dril-Quip's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.06/15.09
=1.13

* 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 Dril-Quip was 8.43. The lowest was 1.08. And the median was 2.52.


Be Aware

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


Dril-Quip Cyclically Adjusted Revenue per Share Related Terms

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


Dril-Quip (FRA:DQU) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dril-Quip Inc (FRA:DQU) » Definitions » Cyclically Adjusted Revenue per Share
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Address
2050 West Sam Houston Parkway S., Suite 1100, Houston, TX, USA, 77042
Dril-Quip Inc. designs, manufactures, sells and services engineered drilling and production equipment for both offshore and onshore applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere (including North and South America), Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East).

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