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Halliburton Co (FRA:HAL) Cyclically Adjusted Revenue per Share : €26.40 (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 €5.993. 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 €26.40 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 €33.675. Halliburton Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €26.40. Halliburton Co's Cyclically Adjusted PS Ratio of today is 1.28.

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 26.08 23.31 26.10 27.51 26.20

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 27.41 27.47 28.11 26.20 26.40

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)
=5.993/131.7762*131.7762
=5.993

Current CPI (Mar. 2024) = 131.7762.

Halliburton Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.955 100.560 9.114
201409 7.906 100.428 10.374
201412 8.377 99.070 11.143
201503 7.664 99.621 10.138
201506 6.175 100.684 8.082
201509 5.817 100.392 7.636
201512 5.450 99.792 7.197
201603 4.394 100.470 5.763
201606 3.969 101.688 5.143
201609 3.953 101.861 5.114
201612 4.412 101.863 5.708
201703 4.615 102.862 5.912
201706 5.065 103.349 6.458
201709 5.232 104.136 6.621
201712 5.749 104.011 7.284
201803 5.302 105.290 6.636
201806 5.979 106.317 7.411
201809 6.024 106.507 7.453
201812 5.984 105.998 7.439
201903 5.816 107.251 7.146
201906 5.998 108.070 7.314
201909 5.753 108.329 6.998
201912 5.321 108.420 6.467
202003 5.192 108.902 6.283
202006 3.236 108.767 3.921
202009 2.864 109.815 3.437
202012 3.000 109.897 3.597
202103 3.261 111.754 3.845
202106 3.457 114.631 3.974
202109 3.670 115.734 4.179
202112 4.229 117.630 4.738
202203 4.308 121.301 4.680
202206 5.281 125.017 5.567
202209 5.946 125.227 6.257
202212 5.784 125.222 6.087
202303 5.846 127.348 6.049
202306 5.926 128.729 6.066
202309 6.029 129.860 6.118
202312 5.874 129.419 5.981
202403 5.993 131.776 5.993

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


Halliburton Co  (FRA:HAL) 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
=33.675/26.4
=1.28

* 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 (FRA:HAL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (FRA:HAL) » 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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