GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Antero Resources Corp (STU:7A6) » Definitions » Cyclically Adjusted Revenue per Share

Antero Resources (STU:7A6) Cyclically Adjusted Revenue per Share : €13.01 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Antero Resources 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.

Antero Resources's adjusted revenue per share for the three months ended in Mar. 2024 was €3.113. 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 €13.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Antero Resources's average Cyclically Adjusted Revenue Growth Rate was 9.60% 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 (2024-05-20), Antero Resources's current stock price is €32.035. Antero Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.01. Antero Resources's Cyclically Adjusted PS Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Antero Resources was 4.47. The lowest was 1.39. And the median was 2.10.


Antero Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Antero Resources'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.

Antero Resources Cyclically Adjusted Revenue per Share Chart

Antero Resources 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 - - 8.60 11.40 12.33

Antero Resources 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 11.81 11.95 12.84 12.33 13.01

Competitive Comparison of Antero Resources's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Antero Resources'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.


Antero Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Antero Resources 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, Antero Resources'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)
=3.113/131.7762*131.7762
=3.113

Current CPI (Mar. 2024) = 131.7762.

Antero Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.216 100.560 1.593
201409 1.290 100.428 1.693
201412 1.473 99.070 1.959
201503 1.436 99.621 1.900
201506 1.059 100.684 1.386
201509 1.057 100.392 1.387
201512 1.010 99.792 1.334
201603 1.108 100.470 1.453
201606 1.078 101.688 1.397
201609 1.403 101.861 1.815
201612 1.781 101.863 2.304
201703 2.038 102.862 2.611
201706 1.839 103.349 2.345
201709 1.756 104.136 2.222
201712 2.029 104.011 2.571
201803 1.950 105.290 2.441
201806 2.075 106.317 2.572
201809 2.500 106.507 3.093
201812 3.356 105.998 4.172
201903 2.921 107.251 3.589
201906 2.595 108.070 3.164
201909 2.508 108.329 3.051
201912 2.591 108.420 3.149
202003 2.243 108.902 2.714
202006 1.945 108.767 2.356
202009 2.523 109.815 3.028
202012 3.040 109.897 3.645
202103 3.412 111.754 4.023
202106 3.081 114.631 3.542
202109 4.171 115.734 4.749
202112 5.366 117.630 6.011
202203 4.972 121.301 5.401
202206 6.650 125.017 7.010
202209 7.515 125.227 7.908
202212 5.390 125.222 5.672
202303 3.642 127.348 3.769
202306 2.748 128.729 2.813
202309 3.194 129.860 3.241
202312 3.239 129.419 3.298
202403 3.113 131.776 3.113

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


Antero Resources  (STU:7A6) 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.

Antero Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.035/13.01
=2.46

* 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 Antero Resources was 4.47. The lowest was 1.39. And the median was 2.10.


Be Aware

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


Antero Resources Cyclically Adjusted Revenue per Share Related Terms

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


Antero Resources (STU:7A6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Antero Resources Corp (STU:7A6) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1615 Wynkoop Street, Denver, CO, USA, 80202
Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2022, the company reported proven reserves of 17.8 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,205 million cubic feet of equivalent a day in 2022 at a ratio of 32% liquids and 68% natural gas.

Antero Resources (STU:7A6) Headlines

No Headlines