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Imperial Oil (Imperial Oil) Cyclically Adjusted PS Ratio : 1.77 (As of Apr. 27, 2024)


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What is Imperial Oil Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Imperial Oil's current share price is $70.70. Imperial Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $39.91. Imperial Oil's Cyclically Adjusted PS Ratio for today is 1.77.

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

IMO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.23   Max: 1.88
Current: 1.83

During the past years, Imperial Oil's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.35. And the median was 1.23.

IMO's Cyclically Adjusted PS Ratio is ranked worse than
68.44% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs IMO: 1.83

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.

Imperial Oil's adjusted revenue per share data for the three months ended in Dec. 2023 was $16.675. 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 $39.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Imperial Oil'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.

Imperial Oil Cyclically Adjusted PS Ratio Chart

Imperial Oil 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 0.92 0.65 1.14 1.40 1.43

Imperial Oil 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 1.40 1.41 1.35 1.62 1.43

Competitive Comparison of Imperial Oil's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


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

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

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



Imperial Oil 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.

Imperial Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.70/39.91
=1.77

* 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.

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

For example, Imperial Oil'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)
=16.675/125.4675*125.4675
=16.675

Current CPI (Dec. 2023) = 125.4675.

Imperial Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.344 98.604 11.890
201406 9.786 99.473 12.343
201409 9.850 99.394 12.434
201412 7.748 98.367 9.883
201503 5.398 99.789 6.787
201506 6.545 100.500 8.171
201509 5.931 100.421 7.410
201512 4.987 99.947 6.260
201603 4.255 101.054 5.283
201606 5.297 102.002 6.516
201609 5.500 101.765 6.781
201612 5.881 101.449 7.273
201703 5.767 102.634 7.050
201706 5.809 103.029 7.074
201709 6.454 103.345 7.836
201712 7.132 103.345 8.659
201803 6.977 105.004 8.337
201806 8.471 105.557 10.069
201809 8.880 105.636 10.547
201812 6.998 105.399 8.330
201903 7.261 106.979 8.516
201906 8.567 107.690 9.981
201909 8.146 107.611 9.498
201912 7.753 107.769 9.026
202003 6.023 107.927 7.002
202006 3.314 108.401 3.836
202009 5.612 108.164 6.510
202012 5.925 108.559 6.848
202103 7.124 110.298 8.104
202106 8.504 111.720 9.550
202109 10.883 112.905 12.094
202112 13.337 113.774 14.708
202203 14.317 117.646 15.269
202206 19.710 120.806 20.471
202209 17.324 120.648 18.016
202212 16.897 120.964 17.526
202303 14.392 122.702 14.716
202306 14.386 124.203 14.532
202309 16.864 125.230 16.896
202312 16.675 125.468 16.675

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.


Imperial Oil  (AMEX:IMO) 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.


Imperial Oil Cyclically Adjusted PS Ratio Related Terms

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


Imperial Oil (Imperial Oil) Business Description

Industry
Traded in Other Exchanges
Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.

Imperial Oil (Imperial Oil) Headlines