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Odfjell Drilling (LTS:0QHX) Cyclically Adjusted Revenue per Share : kr32.67 (As of Mar. 2024)


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What is Odfjell Drilling 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.

Odfjell Drilling's adjusted revenue per share for the three months ended in Mar. 2024 was kr5.419. 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 kr32.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Odfjell Drilling's average Cyclically Adjusted Revenue Growth Rate was -3.90% 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.

As of today (2024-06-10), Odfjell Drilling's current stock price is kr56.50. Odfjell Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr32.67. Odfjell Drilling's Cyclically Adjusted PS Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Odfjell Drilling was 1.75. The lowest was 0.56. And the median was 0.80.


Odfjell Drilling Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Cyclically Adjusted Revenue per Share Chart

Odfjell Drilling 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 - - 30.87 33.02 32.40

Odfjell Drilling 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 34.73 34.72 33.87 32.40 32.67

Competitive Comparison of Odfjell Drilling's Cyclically Adjusted Revenue per Share

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.


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

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

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



Odfjell Drilling 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, Odfjell Drilling'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)
=5.419/131.6000*131.6000
=5.419

Current CPI (Mar. 2024) = 131.6000.

Odfjell Drilling Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.554 99.800 11.280
201409 9.002 100.000 11.847
201412 9.668 99.900 12.736
201503 9.736 99.600 12.864
201506 11.250 100.100 14.790
201509 9.293 100.200 12.205
201512 7.876 100.400 10.324
201603 7.082 100.400 9.283
201606 6.955 101.000 9.062
201609 7.114 101.500 9.224
201612 5.165 102.200 6.651
201703 6.742 102.700 8.639
201706 7.010 103.500 8.913
201709 7.038 104.300 8.880
201712 7.143 105.000 8.953
201803 6.835 105.100 8.558
201806 6.513 105.900 8.094
201809 6.310 106.600 7.790
201812 6.108 107.100 7.505
201903 7.320 107.000 9.003
201906 6.797 107.900 8.290
201909 8.165 108.400 9.912
201912 8.411 108.500 10.202
202003 8.538 108.600 10.346
202006 6.704 108.800 8.109
202009 8.140 109.200 9.810
202012 13.070 109.400 15.722
202103 3.143 109.700 3.770
202106 3.860 111.400 4.560
202109 3.722 112.400 4.358
202112 3.558 114.700 4.082
202203 4.093 116.500 4.624
202206 4.006 120.500 4.375
202209 3.940 122.300 4.240
202212 4.031 125.300 4.234
202303 4.942 126.800 5.129
202306 5.011 129.400 5.096
202309 4.932 130.100 4.989
202312 5.311 130.500 5.356
202403 5.419 131.600 5.419

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


Odfjell Drilling  (LTS:0QHX) 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.

Odfjell Drilling's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.50/32.67
=1.73

* 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 Odfjell Drilling was 1.75. The lowest was 0.56. And the median was 0.80.


Be Aware

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


Odfjell Drilling Cyclically Adjusted Revenue per Share Related Terms

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


Odfjell Drilling (LTS:0QHX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (LTS:0QHX) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

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