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Viper Energy (FRA:ZT0) Cyclically Adjusted Revenue per Share : €5.09 (As of Mar. 2024)


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What is Viper Energy 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.

Viper Energy's adjusted revenue per share for the three months ended in Mar. 2024 was €2.155. 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 €5.09 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-01), Viper Energy's current stock price is €34.60. Viper Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.09. Viper Energy's Cyclically Adjusted PS Ratio of today is 6.80.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Viper Energy was 7.27. The lowest was 5.40. And the median was 6.18.


Viper Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Viper Energy'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.

Viper Energy Cyclically Adjusted Revenue per Share Chart

Viper Energy 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 - - - - 4.72

Viper Energy 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 - - 4.79 4.72 5.09

Competitive Comparison of Viper Energy's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Viper Energy'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.


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

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

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



Viper Energy 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, Viper Energy'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)
=2.155/131.7762*131.7762
=2.155

Current CPI (Mar. 2024) = 131.7762.

Viper Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.167 100.560 0.219
201409 0.229 100.428 0.300
201412 0.215 99.070 0.286
201503 0.192 99.621 0.254
201506 0.219 100.684 0.287
201509 0.210 100.392 0.276
201512 0.229 99.792 0.302
201603 0.160 100.470 0.210
201606 0.190 101.688 0.246
201609 0.210 101.861 0.272
201612 0.301 101.863 0.389
201703 0.331 102.862 0.424
201706 0.334 103.349 0.426
201709 0.323 104.136 0.409
201712 0.439 104.011 0.556
201803 0.442 105.290 0.553
201806 0.877 106.317 1.087
201809 1.379 106.507 1.706
201812 1.256 105.998 1.561
201903 0.983 107.251 1.208
201906 1.020 108.070 1.244
201909 1.040 108.329 1.265
201912 1.255 108.420 1.525
202003 1.047 108.902 1.267
202006 0.425 108.767 0.515
202009 0.784 109.815 0.941
202012 0.929 109.897 1.114
202103 1.245 111.754 1.468
202106 1.460 114.631 1.678
202109 1.692 115.734 1.927
202112 1.853 117.630 2.076
202203 2.373 121.301 2.578
202206 2.949 125.017 3.108
202209 2.984 125.227 3.140
202212 2.602 125.222 2.738
202303 2.162 127.348 2.237
202306 2.065 128.729 2.114
202309 3.871 129.860 3.928
202312 2.308 129.419 2.350
202403 2.155 131.776 2.155

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


Viper Energy  (FRA:ZT0) 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.

Viper Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=34.60/5.09
=6.80

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Viper Energy was 7.27. The lowest was 5.40. And the median was 6.18.


Be Aware

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


Viper Energy Cyclically Adjusted Revenue per Share Related Terms

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


Viper Energy (FRA:ZT0) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (FRA:ZT0) » Definitions » Cyclically Adjusted Revenue per Share
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Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

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