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Petroleo Brasileiro Petrobras (FRA:PJXC) Cyclically Adjusted Revenue per Share : €6.96 (As of Mar. 2024)


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What is Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras's adjusted revenue per share for the three months ended in Mar. 2024 was €1.692. 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 €6.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Petroleo Brasileiro Petrobras's average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% 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 Petroleo Brasileiro Petrobras was 7.30% per year. The lowest was -3.70% per year. And the median was 3.20% per year.

As of today (2024-06-02), Petroleo Brasileiro Petrobras's current stock price is €7.38. Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.96. Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Petroleo Brasileiro Petrobras was 1.21. The lowest was 0.19. And the median was 0.74.


Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Chart

Petroleo Brasileiro Petrobras 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 6.51 4.44 5.23 6.60 7.09

Petroleo Brasileiro Petrobras 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 6.96 6.90 7.01 7.09 6.96

Competitive Comparison of Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.


Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio falls into.



Petroleo Brasileiro Petrobras 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, Petroleo Brasileiro Petrobras'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)
=1.692/159.3724*159.3724
=1.692

Current CPI (Mar. 2024) = 159.3724.

Petroleo Brasileiro Petrobras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.198 91.838 3.814
201409 2.383 92.602 4.101
201412 2.077 94.194 3.514
201503 1.839 97.799 2.997
201506 1.777 100.006 2.832
201509 1.750 101.392 2.751
201512 1.559 104.247 2.383
201603 1.238 106.979 1.844
201606 1.386 108.851 2.029
201609 1.473 109.986 2.134
201612 1.555 110.802 2.237
201703 1.558 111.869 2.220
201706 1.421 112.115 2.020
201709 1.460 112.777 2.063
201712 0.818 114.068 1.143
201803 1.427 114.868 1.980
201806 1.362 117.038 1.855
201809 1.481 117.881 2.002
201812 1.465 118.340 1.973
201903 1.276 120.124 1.693
201906 1.255 120.977 1.653
201909 1.352 121.292 1.776
201912 1.371 123.436 1.770
202003 1.189 124.092 1.527
202006 0.645 123.557 0.832
202009 0.856 125.095 1.091
202012 0.877 129.012 1.083
202103 1.011 131.660 1.224
202106 1.335 133.871 1.589
202109 1.515 137.913 1.751
202112 1.630 141.992 1.830
202203 1.893 146.537 2.059
202206 2.517 149.784 2.678
202209 2.510 147.800 2.707
202212 2.183 150.207 2.316
202303 1.917 153.352 1.992
202306 1.626 154.519 1.677
202309 1.840 155.464 1.886
202312 1.917 157.148 1.944
202403 1.692 159.372 1.692

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


Petroleo Brasileiro Petrobras  (FRA:PJXC) 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.

Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.38/6.96
=1.06

* 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 Petroleo Brasileiro Petrobras was 1.21. The lowest was 0.19. And the median was 0.74.


Be Aware

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


Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Related Terms

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


Petroleo Brasileiro Petrobras (FRA:PJXC) Business Description

Industry
Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.

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