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Range Resources (FRA:RAX) Cyclically Adjusted Revenue per Share : €12.21 (As of Mar. 2024)


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What is Range 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.

Range Resources's adjusted revenue per share for the three months ended in Mar. 2024 was €2.273. 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 €12.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Range Resources's average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Range Resources was 12.60% per year. The lowest was 2.90% per year. And the median was 6.70% per year.

As of today (2024-06-10), Range Resources's current stock price is €33.20. Range Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.21. Range Resources's Cyclically Adjusted PS Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Range Resources was 12.48. The lowest was 0.22. And the median was 2.21.


Range Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Range 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.

Range Resources Cyclically Adjusted Revenue per Share Chart

Range 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 8.25 7.63 10.74 12.35 12.09

Range 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 11.69 12.35 12.78 12.09 12.21

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

For the Oil & Gas E&P subindustry, Range 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.


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

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

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



Range 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, Range 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)
=2.273/131.7762*131.7762
=2.273

Current CPI (Mar. 2024) = 131.7762.

Range Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.294 100.560 3.006
201409 2.212 100.428 2.902
201412 2.221 99.070 2.954
201503 1.892 99.621 2.503
201506 1.496 100.684 1.958
201509 1.487 100.392 1.952
201512 1.567 99.792 2.069
201603 1.316 100.470 1.726
201606 1.409 101.688 1.826
201609 1.719 101.861 2.224
201612 1.950 101.863 2.523
201703 2.334 102.862 2.990
201706 2.038 103.349 2.599
201709 1.952 104.136 2.470
201712 2.247 104.011 2.847
201803 2.488 105.290 3.114
201806 2.644 106.317 3.277
201809 2.933 106.507 3.629
201812 3.464 105.998 4.306
201903 2.877 107.251 3.535
201906 2.338 108.070 2.851
201909 2.005 108.329 2.439
201912 2.129 108.420 2.588
202003 1.683 108.902 2.037
202006 1.420 108.767 1.720
202009 1.501 109.815 1.801
202012 1.757 109.897 2.107
202103 2.321 111.754 2.737
202106 2.342 114.631 2.692
202109 3.336 115.734 3.798
202112 4.134 117.630 4.631
202203 4.144 121.301 4.502
202206 5.574 125.017 5.875
202209 6.464 125.227 6.802
202212 4.642 125.222 4.885
202303 3.173 127.348 3.283
202306 1.965 128.729 2.012
202309 2.195 129.860 2.227
202312 2.560 129.419 2.607
202403 2.273 131.776 2.273

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


Range Resources  (FRA:RAX) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.20/12.21
=2.72

* 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 Range Resources was 12.48. The lowest was 0.22. And the median was 2.21.


Be Aware

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


Range Resources Cyclically Adjusted Revenue per Share Related Terms

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


Range Resources (FRA:RAX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (FRA:RAX) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.

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