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TGS ASA (OSL:TGS) Cyclically Adjusted Revenue per Share : kr56.37 (As of Mar. 2024)


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What is TGS ASA 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.

TGS ASA's adjusted revenue per share for the three months ended in Mar. 2024 was kr12.705. 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 kr56.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TGS ASA'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 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 TGS ASA was 4.40% per year. The lowest was 2.30% per year. And the median was 2.45% per year.

As of today (2024-05-16), TGS ASA's current stock price is kr117.00. TGS ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr56.37. TGS ASA's Cyclically Adjusted PS Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TGS ASA was 7.33. The lowest was 1.49. And the median was 2.79.


TGS ASA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TGS ASA'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.

TGS ASA Cyclically Adjusted Revenue per Share Chart

TGS ASA 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 50.62 50.03 51.99 54.49 56.85

TGS ASA 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 55.12 56.49 56.68 56.85 56.37

Competitive Comparison of TGS ASA's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, TGS ASA'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.


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

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

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



TGS ASA 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, TGS ASA'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)
=12.705/132.6000*132.6000
=12.705

Current CPI (Mar. 2024) = 132.6000.

TGS ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.890 97.500 16.170
201409 11.705 98.500 15.757
201412 21.121 98.600 28.404
201503 13.400 99.200 17.912
201506 10.694 100.100 14.166
201509 13.665 100.600 18.012
201512 11.273 100.900 14.815
201603 5.351 102.500 6.922
201606 9.609 103.800 12.275
201609 10.608 104.200 13.499
201612 13.878 104.400 17.627
201703 9.354 105.000 11.813
201706 8.539 105.800 10.702
201709 10.586 105.900 13.255
201712 12.666 106.100 15.830
201803 9.549 107.300 11.801
201806 8.349 108.500 10.203
201809 10.561 109.500 12.789
201812 22.688 109.800 27.399
201903 8.167 110.400 9.809
201906 10.420 110.600 12.493
201909 13.054 111.100 15.580
201912 16.467 111.300 19.618
202003 4.583 111.200 5.465
202006 5.417 112.100 6.408
202009 4.556 112.900 5.351
202012 13.007 112.900 15.277
202103 10.247 114.600 11.856
202106 5.344 115.300 6.146
202109 13.521 117.500 15.259
202112 5.573 118.900 6.215
202203 10.042 119.800 11.115
202206 19.413 122.600 20.996
202209 16.039 125.600 16.933
202212 17.514 125.900 18.446
202303 14.667 127.600 15.242
202306 17.791 130.400 18.091
202309 19.149 129.800 19.562
202312 14.632 131.900 14.710
202403 12.705 132.600 12.705

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


TGS ASA  (OSL:TGS) 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.

TGS ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=117.00/56.37
=2.08

* 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 TGS ASA was 7.33. The lowest was 1.49. And the median was 2.79.


Be Aware

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


TGS ASA Cyclically Adjusted Revenue per Share Related Terms

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


TGS ASA (OSL:TGS) Business Description

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Askekroken 11, Oslo, NOR, 0277
TGS ASA provides geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. It invests in multiclient data projects in frontier, emerging, and mature markets worldwide to develop a library of seismic imaging, well data, and interpretive products and services. Reportable segments are Western Hemisphere, Eastern Hemisphere, Digital Energy Solutions, Data Acquisition and Others. The company offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists also contract consulting work in geology, geophysics, and petrophysics. Majority revenue comes from Latin America.