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Coterra Energy (Coterra Energy) Cyclically Adjusted PS Ratio : 4.62 (As of Apr. 27, 2024)


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What is Coterra Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Coterra Energy's current share price is $28.29. Coterra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.12. Coterra Energy's Cyclically Adjusted PS Ratio for today is 4.62.

The historical rank and industry rank for Coterra Energy's Cyclically Adjusted PS Ratio or its related term are showing as below:

CTRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.37   Med: 6.93   Max: 18.03
Current: 4.62

During the past years, Coterra Energy's highest Cyclically Adjusted PS Ratio was 18.03. The lowest was 3.37. And the median was 6.93.

CTRA's Cyclically Adjusted PS Ratio is ranked worse than
90.19% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs CTRA: 4.62

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.

Coterra Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.117. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $6.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coterra Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coterra Energy's Cyclically Adjusted PS Ratio 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.

Coterra Energy Cyclically Adjusted PS Ratio Chart

Coterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 4.03 4.11 4.31 4.17

Coterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 4.31 4.15 4.22 4.45 4.17

Competitive Comparison of Coterra Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Coterra Energy'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.


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

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

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



Coterra Energy Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Coterra Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.29/6.12
=4.62

* 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.

Coterra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coterra Energy'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)
=2.117/129.4194*129.4194
=2.117

Current CPI (Dec. 2023) = 129.4194.

Coterra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.218 99.695 1.581
201406 1.272 100.560 1.637
201409 1.225 100.428 1.579
201412 1.489 99.070 1.945
201503 1.121 99.621 1.456
201506 0.740 100.684 0.951
201509 0.738 100.392 0.951
201512 0.678 99.792 0.879
201603 0.653 100.470 0.841
201606 0.531 101.688 0.676
201609 0.667 101.861 0.847
201612 0.680 101.863 0.864
201703 1.109 102.862 1.395
201706 0.987 103.349 1.236
201709 0.829 104.136 1.030
201712 0.863 104.011 1.074
201803 1.025 105.290 1.260
201806 1.001 106.317 1.219
201809 1.230 106.507 1.495
201812 1.653 105.998 2.018
201903 1.509 107.251 1.821
201906 1.259 108.070 1.508
201909 1.035 108.329 1.236
201912 1.128 108.420 1.346
202003 0.966 108.902 1.148
202006 0.828 108.767 0.985
202009 0.730 109.815 0.860
202012 1.134 109.897 1.335
202103 1.144 111.754 1.325
202106 0.804 114.631 0.908
202109 1.092 115.734 1.221
202112 2.735 117.630 3.009
202203 2.063 121.301 2.201
202206 3.183 125.017 3.295
202209 3.162 125.227 3.268
202212 2.919 125.222 3.017
202303 2.314 127.348 2.352
202306 1.559 128.729 1.567
202309 1.789 129.860 1.783
202312 2.117 129.419 2.117

Add all the adjusted revenue per share together and divide 10 will get our 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.


Coterra Energy  (NYSE:CTRA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Coterra Energy Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Coterra Energy's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Coterra Energy (Coterra Energy) Business Description

Industry
Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).
Executives
Thomas E Jorden director, officer: CEO and President C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Dan O Dinges director PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Andrea Alexander officer: SVP & Chief HR Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Young, Iii Shannon E. officer: EVP & Chief Financial Officer COBALT CENTER, 920 MEMORIAL CITY WAY, SUITE 100, HOUSTON TX 77024
Michael D. Deshazer officer: VP - Business Units THREE MEMORIAL CITY PLAZA, 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Scott C Schroeder officer: Executive Vice President & CFO CABOT OIL & GAS CORPORATION, PO BOX 4544, HOUSTON TX 77210-4544
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Adam M Vela officer: VP & General Counsel 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Blake A Sirgo officer: SVP - Operations 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Stephen P Bell officer: Ex VP C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Steven W Lindeman officer: Sr. Vice Pres, South Reg & Eng 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Francis Brian Barron officer: Sr VP - General Counsel 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Gary J. Hlavinka officer: Vice President, (MBU) 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Christopher Clason officer: SVP and Chief HR Officer 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Todd M Roemer officer: Controller 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024