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EOG Resources (BSP:E1OG34) Cyclically Adjusted PS Ratio : 4.02 (As of May. 25, 2024)


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What is EOG Resources Cyclically Adjusted PS Ratio?

As of today (2024-05-25), EOG Resources's current share price is R$324.16. EOG Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$80.68. EOG Resources's Cyclically Adjusted PS Ratio for today is 4.02.

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

BSP:E1OG34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 4.59   Max: 8.27
Current: 3.76

During the past years, EOG Resources's highest Cyclically Adjusted PS Ratio was 8.27. The lowest was 1.47. And the median was 4.59.

BSP:E1OG34's Cyclically Adjusted PS Ratio is ranked worse than
87.45% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs BSP:E1OG34: 3.76

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.

EOG Resources's adjusted revenue per share data for the three months ended in Mar. 2024 was R$25.175. 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 R$80.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EOG Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EOG 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.

EOG Resources Cyclically Adjusted PS Ratio Chart

EOG 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 3.67 2.12 3.35 4.22 3.75

EOG Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.65 3.60 3.94 3.75 3.90

Competitive Comparison of EOG Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, EOG 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.


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

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

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



EOG 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=324.16/80.68
=4.02

* 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.

EOG Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, EOG Resources's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=25.175/131.7762*131.7762
=25.175

Current CPI (Mar. 2024) = 131.7762.

EOG Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.973 100.560 11.758
201409 9.722 100.428 12.757
201412 8.301 99.070 11.041
201503 6.428 99.621 8.503
201506 7.102 100.684 9.295
201509 7.616 100.392 9.997
201512 6.345 99.792 8.379
201603 4.493 100.470 5.893
201606 5.669 101.688 7.346
201609 5.902 101.861 7.635
201612 6.847 101.863 8.858
201703 6.867 102.862 8.797
201706 7.392 103.349 9.425
201709 7.134 104.136 9.028
201712 9.764 104.011 12.370
201803 10.533 105.290 13.183
201806 14.298 106.317 17.722
201809 16.538 106.507 20.462
201812 14.618 105.998 18.173
201903 13.370 107.251 16.427
201906 14.906 108.070 18.176
201909 14.840 108.329 18.052
201912 14.949 108.420 18.169
202003 14.638 108.902 17.713
202006 5.426 108.767 6.574
202009 10.739 109.815 12.887
202012 12.817 109.897 15.369
202103 19.515 111.754 23.011
202106 19.339 114.631 22.231
202109 23.643 115.734 26.920
202112 28.604 117.630 32.044
202203 28.682 121.301 31.159
202206 37.107 125.017 39.113
202209 33.936 125.227 35.711
202212 29.015 125.222 30.534
202303 24.752 127.348 25.613
202306 22.689 128.729 23.226
202309 25.892 129.860 26.274
202312 25.296 129.419 25.757
202403 25.175 131.776 25.175

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.


EOG Resources  (BSP:E1OG34) 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.


EOG Resources Cyclically Adjusted PS Ratio Related Terms

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


EOG Resources (BSP:E1OG34) Business Description

Industry
Traded in Other Exchanges
Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2022, it reported net proved reserves of 4.2 billion barrels of oil equivalent. Net production averaged 908 thousand barrels of oil equivalent per day in 2022 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

EOG Resources (BSP:E1OG34) Headlines

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