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Nabors Industries (LTS:0A6M) Cyclically Adjusted Revenue per Share : $569.59 (As of Mar. 2024)


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What is Nabors Industries 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.

Nabors Industries's adjusted revenue per share for the three months ended in Mar. 2024 was $79.959. 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 $569.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nabors Industries's average Cyclically Adjusted Revenue Growth Rate was -12.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% 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 Nabors Industries was 17.80% per year. The lowest was -9.50% per year. And the median was 9.40% per year.

As of today (2024-06-09), Nabors Industries's current stock price is $67.02. Nabors Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $569.59. Nabors Industries's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nabors Industries was 1.62. The lowest was 0.02. And the median was 0.26.


Nabors Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nabors Industries'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.

Nabors Industries Cyclically Adjusted Revenue per Share Chart

Nabors Industries 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 - - 775.99 662.23 582.68

Nabors Industries 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 636.28 640.89 610.87 582.68 569.59

Competitive Comparison of Nabors Industries's Cyclically Adjusted Revenue per Share

For the Oil & Gas Drilling subindustry, Nabors Industries'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.


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

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

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



Nabors Industries 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, Nabors Industries'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)
=79.959/131.7762*131.7762
=79.959

Current CPI (Mar. 2024) = 131.7762.

Nabors Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 268.601 100.560 351.983
201409 307.417 100.428 403.377
201412 313.009 99.070 416.345
201503 247.197 99.621 326.986
201506 150.875 100.684 197.467
201509 149.165 100.392 195.797
201512 133.684 99.792 176.530
201603 108.314 100.470 142.064
201606 103.343 101.688 133.921
201609 93.916 101.861 121.498
201612 97.353 101.863 125.942
201703 101.251 102.862 129.712
201706 113.187 103.349 144.320
201709 118.529 104.136 149.990
201712 123.565 104.011 156.550
201803 118.879 105.290 148.784
201806 116.023 106.317 143.807
201809 111.283 106.507 137.686
201812 111.646 105.998 138.798
201903 113.990 107.251 140.057
201906 109.715 108.070 133.783
201909 107.666 108.329 130.969
201912 101.443 108.420 123.296
202003 101.881 108.902 123.281
202006 75.713 108.767 91.730
202009 62.054 109.815 74.464
202012 62.733 109.897 75.223
202103 64.842 111.754 76.459
202106 65.594 114.631 75.405
202109 66.291 115.734 75.480
202112 68.370 117.630 76.593
202203 68.408 121.301 74.316
202206 69.479 125.017 73.236
202209 76.287 125.227 80.277
202212 83.514 125.222 87.885
202303 78.964 127.348 81.710
202306 83.422 128.729 85.397
202309 80.233 129.860 81.417
202312 79.479 129.419 80.926
202403 79.959 131.776 79.959

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


Nabors Industries  (LTS:0A6M) 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.

Nabors Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=67.02/569.59
=0.12

* 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 Nabors Industries was 1.62. The lowest was 0.02. And the median was 0.26.


Be Aware

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


Nabors Industries Cyclically Adjusted Revenue per Share Related Terms

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


Nabors Industries (LTS:0A6M) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nabors Industries Ltd (LTS:0A6M) » Definitions » Cyclically Adjusted Revenue per Share
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Address
4 Par-la-Ville Road, Crown House, Second Floor, Hamilton, BMU, HM 08
Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.

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