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Williams (Williams) Cyclically Adjusted Revenue per Share : $10.60 (As of Dec. 2023)


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What is Williams 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.

Williams's adjusted revenue per share for the three months ended in Dec. 2023 was $2.277. 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 $10.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Williams's average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 -4.50% 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 Williams was 11.70% per year. The lowest was -10.40% per year. And the median was -1.05% per year.

As of today (2024-04-28), Williams's current stock price is $39.26. Williams's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.60. Williams's Cyclically Adjusted PS Ratio of today is 3.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Williams was 4.01. The lowest was 0.96. And the median was 2.37.


Williams Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Williams'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.

Williams Cyclically Adjusted Revenue per Share Chart

Williams 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 11.18 10.62 10.61 10.66 10.60

Williams 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 10.66 10.75 10.73 10.72 10.60

Competitive Comparison of Williams's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Williams'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.


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

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

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



Williams 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, Williams'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)
=2.277/129.4194*129.4194
=2.277

Current CPI (Dec. 2023) = 129.4194.

Williams Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.539 99.695 3.296
201406 2.395 100.560 3.082
201409 2.751 100.428 3.545
201412 2.846 99.070 3.718
201503 2.282 99.621 2.965
201506 2.443 100.684 3.140
201509 2.399 100.392 3.093
201512 2.675 99.792 3.469
201603 2.212 100.470 2.849
201606 2.313 101.688 2.944
201609 2.534 101.861 3.220
201612 2.927 101.863 3.719
201703 2.405 102.862 3.026
201706 2.322 103.349 2.908
201709 2.280 104.136 2.834
201712 2.686 104.011 3.342
201803 2.515 105.290 3.091
201806 2.519 106.317 3.066
201809 2.244 106.507 2.727
201812 1.816 105.998 2.217
201903 1.692 107.251 2.042
201906 1.681 108.070 2.013
201909 1.646 108.329 1.966
201912 1.735 108.420 2.071
202003 1.577 108.902 1.874
202006 1.466 108.767 1.744
202009 1.591 109.815 1.875
202012 1.720 109.897 2.026
202103 2.146 111.754 2.485
202106 1.875 114.631 2.117
202109 2.032 115.734 2.272
202112 2.669 117.630 2.937
202203 2.067 121.301 2.205
202206 2.036 125.017 2.108
202209 2.471 125.227 2.554
202212 2.393 125.222 2.473
202303 2.513 127.348 2.554
202306 2.035 128.729 2.046
202309 2.097 129.860 2.090
202312 2.277 129.419 2.277

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


Williams  (NYSE:WMB) 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.

Williams's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.26/10.6
=3.70

* 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 Williams was 4.01. The lowest was 0.96. And the median was 2.37.


Be Aware

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


Williams Cyclically Adjusted Revenue per Share Related Terms

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


Williams (Williams) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Companies Inc (NYSE:WMB) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
One Williams Center, PO Box 2400, Tulsa, OK, USA, 74172
Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
Executives
Scott A. Hallam officer: SVP Atlantic - Gulf 2800 POST OAK BLVD., HOUSTON TX 77056
Murray D Smith director ONE WILLIAMS CENTER, TULSA OK 74172
William H Spence director UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066
Stephen W Bergstrom director
Terrance Lane Wilson officer: SVP & General Counsel ONE WILLIAMS CENTER, TULSA OK 74172
Debbie L. Cowan officer: SVP & Chief HR Officer ONE WILLIAMS CENTER, TULSA OK 74172
Larry C Larsen officer: Senior Vice President ONE WILLIAMS CENTER, TULSA OK 74172
Richard E Muncrief director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Jesse J Tyson director ONE WILLIAMS CENTER, TULSA OK 74172
Alan S Armstrong officer: Sr. Vice President - Midstream ONE WILLIAMS CENTER, TULSA OK 74102
Carri A. Lockhart director 6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
Mary A. Hausman officer: VP Chief Accounting Officer ONE WILLIAMS CENTER, TULSA OK 74012
Walter J Bennett officer: Senior Vice President 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Stacey H Dore director 1807 ROSS AVE, 4TH FLOOR, DALLAS TX 75201
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202