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Pioneer Natural Resources Co (MIL:1PXD) Cyclically Adjusted Revenue per Share : €52.55 (As of Mar. 2024)


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What is Pioneer Natural Resources Co 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.

Pioneer Natural Resources Co's adjusted revenue per share for the three months ended in Mar. 2024 was €18.873. 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 €52.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pioneer Natural Resources Co's average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% 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 Pioneer Natural Resources Co was 19.30% per year. The lowest was 5.80% per year. And the median was 9.70% per year.

As of today (2024-05-23), Pioneer Natural Resources Co's current stock price is €252.55. Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €52.55. Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio of today is 4.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pioneer Natural Resources Co was 13.37. The lowest was 1.98. And the median was 5.96.


Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pioneer Natural Resources Co'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.

Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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Pioneer Natural Resources Co 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 - - - - 52.55

Competitive Comparison of Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co'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.


Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Pioneer Natural Resources Co 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, Pioneer Natural Resources Co'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)
=18.873/131.7762*131.7762
=18.873

Current CPI (Mar. 2024) = 131.7762.

Pioneer Natural Resources Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.883 100.560 7.709
201409 6.344 100.428 8.324
201412 5.385 99.070 7.163
201503 3.845 99.621 5.086
201506 4.975 100.684 6.511
201509 5.245 100.392 6.885
201512 3.345 99.792 4.417
201603 3.503 100.470 4.595
201606 5.470 101.688 7.088
201609 5.697 101.861 7.370
201612 4.387 101.863 5.675
201703 6.188 102.862 7.927
201706 5.848 103.349 7.457
201709 6.332 104.136 8.013
201712 8.783 104.011 11.128
201803 11.079 105.290 13.866
201806 11.919 106.317 14.773
201809 12.319 106.507 15.242
201812 11.329 105.998 14.084
201903 11.751 107.251 14.438
201906 12.532 108.070 15.281
201909 13.082 108.329 15.913
201912 14.493 108.420 17.615
202003 10.958 108.902 13.260
202006 6.141 108.767 7.440
202009 9.555 109.815 11.466
202012 10.043 109.897 12.042
202103 12.256 111.754 14.452
202106 14.345 114.631 16.491
202109 16.408 115.734 18.682
202112 19.127 117.630 21.427
202203 21.803 121.301 23.686
202206 26.089 125.017 27.500
202209 24.470 125.227 25.750
202212 19.615 125.222 20.642
202303 17.597 127.348 18.209
202306 17.392 128.729 17.804
202309 20.071 129.860 20.367
202312 19.234 129.419 19.584
202403 18.873 131.776 18.873

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


Pioneer Natural Resources Co  (MIL:1PXD) 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.

Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=252.55/52.55
=4.81

* 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 Pioneer Natural Resources Co was 13.37. The lowest was 1.98. And the median was 5.96.


Be Aware

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


Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Related Terms

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


Pioneer Natural Resources Co (MIL:1PXD) Business Description

Industry
Traded in Other Exchanges
Address
777 Hidden Ridge, Irving, TX, USA, 75038
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

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