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Williams (FRA:WMB) Cyclically Adjusted Revenue per Share : €9.71 (As of Mar. 2024)


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What is Williams 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.

Williams's adjusted revenue per share for the three months ended in Mar. 2024 was €2.086. 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 €9.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Williams'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 -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.50% 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 Williams was 11.70% per year. The lowest was -10.40% per year. And the median was -0.50% per year.

As of today (2024-05-17), Williams's current stock price is €37.445. Williams's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.71. Williams's Cyclically Adjusted PS Ratio of today is 3.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Williams was 4.01. The lowest was 0.96. And the median was 2.38.


Williams Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Williams'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.

Williams Cyclically Adjusted Revenue per Share Chart

Williams 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 9.90 8.74 9.28 9.92 9.56

Williams 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 9.71 9.82 10.30 9.56 9.71

Competitive Comparison of Williams's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Williams'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.


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

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

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



Williams 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, Williams'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)
=2.086/131.7762*131.7762
=2.086

Current CPI (Mar. 2024) = 131.7762.

Williams Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.763 100.560 2.310
201409 2.135 100.428 2.801
201412 2.308 99.070 3.070
201503 2.108 99.621 2.788
201506 2.177 100.684 2.849
201509 2.138 100.392 2.806
201512 2.456 99.792 3.243
201603 1.987 100.470 2.606
201606 2.058 101.688 2.667
201609 2.258 101.861 2.921
201612 2.775 101.863 3.590
201703 2.249 102.862 2.881
201706 2.067 103.349 2.636
201709 1.913 104.136 2.421
201712 2.269 104.011 2.875
201803 2.040 105.290 2.553
201806 2.156 106.317 2.672
201809 1.923 106.507 2.379
201812 1.597 105.998 1.985
201903 1.498 107.251 1.841
201906 1.488 108.070 1.814
201909 1.495 108.329 1.819
201912 1.562 108.420 1.898
202003 1.427 108.902 1.727
202006 1.302 108.767 1.577
202009 1.350 109.815 1.620
202012 1.414 109.897 1.696
202103 1.803 111.754 2.126
202106 1.556 114.631 1.789
202109 1.727 115.734 1.966
202112 2.362 117.630 2.646
202203 1.877 121.301 2.039
202206 1.927 125.017 2.031
202209 2.496 125.227 2.627
202212 2.259 125.222 2.377
202303 2.348 127.348 2.430
202306 1.879 128.729 1.923
202309 1.965 129.860 1.994
202312 2.088 129.419 2.126
202403 2.086 131.776 2.086

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


Williams  (FRA:WMB) 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.

Williams's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.445/9.71
=3.86

* 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 Williams was 4.01. The lowest was 0.96. And the median was 2.38.


Be Aware

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


Williams Cyclically Adjusted Revenue per Share Related Terms

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


Williams (FRA:WMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Companies Inc (FRA:WMB) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
One Williams Center, PO Box 2400, Tulsa, OK, USA, 74172
Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.