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SM Energy Co (STU:SJL) Cyclically Adjusted Revenue per Share : €20.22 (As of Mar. 2024)


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What is SM Energy 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.

SM Energy Co's adjusted revenue per share for the three months ended in Mar. 2024 was €4.421. 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 €20.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SM Energy Co's average Cyclically Adjusted Revenue Growth Rate was -7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% 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 SM Energy Co was 27.90% per year. The lowest was -0.90% per year. And the median was 14.00% per year.

As of today (2024-06-07), SM Energy Co's current stock price is €43.00. SM Energy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €20.22. SM Energy Co's Cyclically Adjusted PS Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SM Energy Co was 5.27. The lowest was 0.05. And the median was 1.29.


SM Energy Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SM Energy 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.

SM Energy Co Cyclically Adjusted Revenue per Share Chart

SM Energy Co 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 19.16 16.13 20.70 22.05 20.58

SM Energy 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 22.12 21.64 22.25 20.58 20.22

Competitive Comparison of SM Energy Co's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, SM Energy 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.


SM Energy Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where SM Energy Co's Cyclically Adjusted PS Ratio falls into.



SM Energy 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, SM Energy 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)
=4.421/131.7762*131.7762
=4.421

Current CPI (Mar. 2024) = 131.7762.

SM Energy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.253 100.560 9.505
201409 7.079 100.428 9.289
201412 7.161 99.070 9.525
201503 5.502 99.621 7.278
201506 5.866 100.684 7.677
201509 4.823 100.392 6.331
201512 4.041 99.792 5.336
201603 2.798 100.470 3.670
201606 3.813 101.688 4.941
201609 3.750 101.861 4.851
201612 3.585 101.863 4.638
201703 2.816 102.862 3.608
201706 2.302 103.349 2.935
201709 2.235 104.136 2.828
201712 2.574 104.011 3.261
201803 2.761 105.290 3.456
201806 3.047 106.317 3.777
201809 3.506 106.507 4.338
201812 3.051 105.998 3.793
201903 2.687 107.251 3.301
201906 3.189 108.070 3.889
201909 3.127 108.329 3.804
201912 3.570 108.420 4.339
202003 2.849 108.902 3.447
202006 1.333 108.767 1.615
202009 2.093 109.815 2.512
202012 2.298 109.897 2.756
202103 3.097 111.754 3.652
202106 3.945 114.631 4.535
202109 5.215 115.734 5.938
202112 5.385 117.630 6.033
202203 6.279 121.301 6.821
202206 7.535 125.017 7.942
202209 6.725 125.227 7.077
202212 5.110 125.222 5.377
202303 4.359 127.348 4.511
202306 4.201 128.729 4.300
202309 5.066 129.860 5.141
202312 4.778 129.419 4.865
202403 4.421 131.776 4.421

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


SM Energy Co  (STU:SJL) 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.

SM Energy Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=43.00/20.22
=2.13

* 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 SM Energy Co was 5.27. The lowest was 0.05. And the median was 1.29.


Be Aware

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


SM Energy Co Cyclically Adjusted Revenue per Share Related Terms

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


SM Energy Co (STU:SJL) Business Description

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Address
1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.

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