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Victory Oilfield Tech (Victory Oilfield Tech) Cyclically Adjusted Revenue per Share : $0.41 (As of Dec. 2023)


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What is Victory Oilfield Tech 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.

Victory Oilfield Tech's adjusted revenue per share for the three months ended in Dec. 2023 was $-0.043. 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 $0.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Victory Oilfield Tech's average Cyclically Adjusted Revenue Growth Rate was -25.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -24.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -31.20% 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 Victory Oilfield Tech was -9.10% per year. The lowest was -46.70% per year. And the median was -21.75% per year.

As of today (2024-06-02), Victory Oilfield Tech's current stock price is $0.58. Victory Oilfield Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.41. Victory Oilfield Tech's Cyclically Adjusted PS Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Victory Oilfield Tech was 2.15. The lowest was 0.01. And the median was 0.50.


Victory Oilfield Tech Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Victory Oilfield Tech'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.

Victory Oilfield Tech Cyclically Adjusted Revenue per Share Chart

Victory Oilfield Tech 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 1.68 0.96 0.60 0.55 0.41

Victory Oilfield Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.55 0.54 0.51 0.47 0.41

Competitive Comparison of Victory Oilfield Tech's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Victory Oilfield Tech'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.


Victory Oilfield Tech's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Victory Oilfield Tech's Cyclically Adjusted PS Ratio falls into.



Victory Oilfield Tech 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, Victory Oilfield Tech's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.043/129.4194*129.4194
=-0.043

Current CPI (Dec. 2023) = 129.4194.

Victory Oilfield Tech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.269 99.695 0.349
201406 0.314 100.560 0.404
201409 0.230 100.428 0.296
201412 0.115 99.070 0.150
201503 0.168 99.621 0.218
201506 0.350 100.684 0.450
201509 0.194 100.392 0.250
201512 0.905 99.792 1.174
201603 0.080 100.470 0.103
201606 0.175 101.688 0.223
201609 0.089 101.861 0.113
201612 -0.340 101.863 -0.432
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.014 106.507 0.017
201812 0.023 105.998 0.028
201903 0.019 107.251 0.023
201906 0.021 108.070 0.025
201909 0.018 108.329 0.022
201912 0.020 108.420 0.024
202003 0.008 108.902 0.010
202006 0.013 108.767 0.015
202009 0.005 109.815 0.006
202012 0.005 109.897 0.006
202103 0.006 111.754 0.007
202106 0.007 114.631 0.008
202109 0.009 115.734 0.010
202112 0.007 117.630 0.008
202203 0.012 121.301 0.013
202206 0.015 125.017 0.016
202209 0.012 125.227 0.012
202212 -0.043 125.222 -0.044
202303 0.013 127.348 0.013
202306 0.013 128.729 0.013
202309 0.012 129.860 0.012
202312 -0.043 129.419 -0.043

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


Victory Oilfield Tech  (OTCPK:VYEY) 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.

Victory Oilfield Tech's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.58/0.41
=1.41

* 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 Victory Oilfield Tech was 2.15. The lowest was 0.01. And the median was 0.50.


Be Aware

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


Victory Oilfield Tech Cyclically Adjusted Revenue per Share Related Terms

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


Victory Oilfield Tech (Victory Oilfield Tech) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3355 Bee Caves Road, Suite 608, Austin, TX, USA, 78746
Victory Oilfield Tech Inc is an oilfield energy-tech products company focused on improving well performance and extending the lifespan of the industry's most sophisticated and expensive equipment. The company's products include solutions for drill-pipe, production tubing, and radio frequency identification (RFID) enclosures. The company's only reportable segment is Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing, and drill collars.
Executives
Armacor Victory Ventures Llc 10 percent owner 26497 RANCHO PARKWAY SOUTH, DANA POINT CA 92630
Eric Eilersten director C/O VICTORY ENERGY CORPORATION, 3355 BEE CAVES ROAD, SUITE 608, AUSTIN TX 78746
Kevin Deleon director
Ricardo A Salas director
Visionary Private Equity Group I, Lp 10 percent owner 1325 W SUNSHINE #162, SPRINGFIELD MO 65807
Michael Cosby 10 percent owner 901 E. ST. LOUIS STREET, STE 1800, SPRINGFIELD MO 65806
Visionary Pe Gp I, Llc 10 percent owner 1325 W. SUNSHINE ST., NO. 162, SPRINGFIELD MO 65807
Smith Fred James Jr officer: Chief Financial Officer 3355 BEE CAVES RD, SUITE 608, AUSTIN TX 78746
Mark Wendell Biggers officer: CHIEF FINANCIAL OFFICER 3355 BBEE CAVES RD, SUITE 608, AUSTIN TX 78746
Kenneth E Hill director, officer: CHIEF OPERATIONS OFFICER 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH X1 92660
Lindsey Stanley L Jr officer: VP EXPLORATION & DEVELOPMENT 20341 IRVINE AVENUE, #D-6, IRVINE CA 92660
Ronald Zamber director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660
Robert W Grenley director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660
Robert Miranda officer: Chief Executive Officer 2801 W. COAST HIGHWAY, SUITE 370, NEWPORT BEACH CA 92663
Edgar Trotter director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660

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