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ARC Resources (ARC Resources) Cyclically Adjusted PS Ratio : 3.60 (As of Apr. 29, 2024)


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What is ARC Resources Cyclically Adjusted PS Ratio?

As of today (2024-04-29), ARC Resources's current share price is $18.99. ARC Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.28. ARC Resources's Cyclically Adjusted PS Ratio for today is 3.60.

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

AETUF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 3.06   Max: 6.02
Current: 3.69

During the past years, ARC Resources's highest Cyclically Adjusted PS Ratio was 6.02. The lowest was 0.65. And the median was 3.06.

AETUF's Cyclically Adjusted PS Ratio is ranked worse than
85.62% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs AETUF: 3.69

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.

ARC Resources's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.912. 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 $5.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ARC Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ARC Resources'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.

ARC Resources Cyclically Adjusted PS Ratio Chart

ARC Resources 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 1.72 1.29 2.25 2.87 2.82

ARC Resources 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 2.87 2.32 2.62 3.15 2.82

Competitive Comparison of ARC Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, ARC Resources'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.


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

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

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



ARC Resources 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.

ARC Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.99/5.28
=3.60

* 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.

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

For example, ARC Resources'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)
=1.912/125.4675*125.4675
=1.912

Current CPI (Dec. 2023) = 125.4675.

ARC Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.575 98.604 2.004
201406 1.654 99.473 2.086
201409 1.530 99.394 1.931
201412 1.234 98.367 1.574
201503 0.729 99.789 0.917
201506 0.764 100.500 0.954
201509 0.615 100.421 0.768
201512 0.603 99.947 0.757
201603 0.501 101.054 0.622
201606 0.520 102.002 0.640
201609 0.575 101.765 0.709
201612 0.704 101.449 0.871
201703 0.706 102.634 0.863
201706 0.690 103.029 0.840
201709 0.673 103.345 0.817
201712 0.779 103.345 0.946
201803 0.809 105.004 0.967
201806 0.803 105.557 0.954
201809 0.934 105.636 1.109
201812 0.697 105.399 0.830
201903 0.737 106.979 0.864
201906 0.650 107.690 0.757
201909 0.625 107.611 0.729
201912 0.726 107.769 0.845
202003 0.575 107.927 0.668
202006 0.461 108.401 0.534
202009 0.643 108.164 0.746
202012 0.813 108.559 0.940
202103 1.222 110.298 1.390
202106 1.501 111.720 1.686
202109 1.847 112.905 2.053
202112 2.163 113.774 2.385
202203 2.567 117.646 2.738
202206 3.123 120.806 3.244
202209 2.771 120.648 2.882
202212 2.899 120.964 3.007
202303 2.238 122.702 2.288
202306 1.656 124.203 1.673
202309 1.891 125.230 1.895
202312 1.912 125.468 1.912

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.


ARC Resources  (OTCPK:AETUF) 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.


ARC Resources Cyclically Adjusted PS Ratio Related Terms

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


ARC Resources (ARC Resources) Business Description

Industry
Traded in Other Exchanges
Address
308 - 4th Avenue South West, Suite 1200, Calgary, AB, CAN, T2P 0H7
ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.

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