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Suncor Energy (TSX:SU) Cyclically Adjusted PS Ratio : 1.79 (As of Apr. 27, 2024)


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What is Suncor Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Suncor Energy's current share price is C$53.87. Suncor Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$30.06. Suncor Energy's Cyclically Adjusted PS Ratio for today is 1.79.

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

TSX:SU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.6   Max: 2.25
Current: 1.79

During the past years, Suncor Energy's highest Cyclically Adjusted PS Ratio was 2.25. The lowest was 0.60. And the median was 1.60.

TSX:SU's Cyclically Adjusted PS Ratio is ranked worse than
67.2% of 753 companies
in the Oil & Gas industry
Industry Median: 0.9 vs TSX:SU: 1.79

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.

Suncor Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was C$10.493. 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 C$30.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suncor Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suncor 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.

Suncor Energy Cyclically Adjusted PS Ratio Chart

Suncor 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 1.68 0.86 1.23 1.50 1.41

Suncor 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 1.50 1.44 1.31 1.56 1.41

Competitive Comparison of Suncor Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Suncor 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.


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

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

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



Suncor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.87/30.06
=1.79

* 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.

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

For example, Suncor 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)
=10.493/125.4675*125.4675
=10.493

Current CPI (Dec. 2023) = 125.4675.

Suncor Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.021 98.604 8.934
201406 7.096 99.473 8.950
201409 6.941 99.394 8.762
201412 7.278 98.367 9.283
201503 4.934 99.789 6.204
201506 5.594 100.500 6.984
201509 5.176 100.421 6.467
201512 4.755 99.947 5.969
201603 3.721 101.054 4.620
201606 3.715 102.002 4.570
201609 4.447 101.765 5.483
201612 4.839 101.449 5.985
201703 4.655 102.634 5.691
201706 4.325 103.029 5.267
201709 4.791 103.345 5.817
201712 5.992 103.345 7.275
201803 5.357 105.004 6.401
201806 6.293 105.557 7.480
201809 6.663 105.636 7.914
201812 5.999 105.399 7.141
201903 5.678 106.979 6.659
201906 6.406 107.690 7.463
201909 6.308 107.611 7.355
201912 7.158 107.769 8.334
202003 4.834 107.927 5.620
202006 2.773 108.401 3.210
202009 4.214 108.164 4.888
202012 4.491 108.559 5.190
202103 5.702 110.298 6.486
202106 6.094 111.720 6.844
202109 6.869 112.905 7.633
202112 9.050 113.774 9.980
202203 10.083 117.646 10.753
202206 11.443 120.806 11.885
202209 11.617 120.648 12.081
202212 10.945 120.964 11.352
202303 9.220 122.702 9.428
202306 8.946 124.203 9.037
202309 10.684 125.230 10.704
202312 10.493 125.468 10.493

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.


Suncor Energy  (TSX:SU) 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.


Suncor Energy Cyclically Adjusted PS Ratio Related Terms

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


Suncor Energy (TSX:SU) Business Description

Industry
Traded in Other Exchanges
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.