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EOG Resources (WBO:EOGR) Cyclically Adjusted PS Ratio : 3.78 (As of May. 26, 2024)


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What is EOG Resources Cyclically Adjusted PS Ratio?

As of today (2024-05-26), EOG Resources's current share price is €114.32. EOG Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €30.27. EOG Resources's Cyclically Adjusted PS Ratio for today is 3.78.

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

WBO:EOGR' 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.

WBO:EOGR's Cyclically Adjusted PS Ratio is ranked worse than
87.45% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs WBO:EOGR: 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 €9.302. 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 €30.27 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
=114.32/30.27
=3.78

* 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)
=9.302/131.7762*131.7762
=9.302

Current CPI (Mar. 2024) = 131.7762.

EOG Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.907 100.560 7.741
201409 6.454 100.428 8.469
201412 5.096 99.070 6.778
201503 3.781 99.621 5.001
201506 4.067 100.684 5.323
201509 3.477 100.392 4.564
201512 3.002 99.792 3.964
201603 2.182 100.470 2.862
201606 2.947 101.688 3.819
201609 3.233 101.861 4.182
201612 3.871 101.863 5.008
201703 4.106 102.862 5.260
201706 3.993 103.349 5.091
201709 3.822 104.136 4.836
201712 5.008 104.011 6.345
201803 5.210 105.290 6.521
201806 6.491 106.317 8.045
201809 6.899 106.507 8.536
201812 6.617 105.998 8.226
201903 6.162 107.251 7.571
201906 6.843 108.070 8.344
201909 6.542 108.329 7.958
201912 6.556 108.420 7.968
202003 5.422 108.902 6.561
202006 1.857 108.767 2.250
202009 3.377 109.815 4.052
202012 4.096 109.897 4.911
202103 5.818 111.754 6.860
202106 6.384 114.631 7.339
202109 7.614 115.734 8.669
202112 8.953 117.630 10.030
202203 10.467 121.301 11.371
202206 13.908 125.017 14.660
202209 13.073 125.227 13.757
202212 10.444 125.222 10.991
202303 8.877 127.348 9.186
202306 8.629 128.729 8.833
202309 9.825 129.860 9.970
202312 9.468 129.419 9.640
202403 9.302 131.776 9.302

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  (WBO:EOGR) 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 (WBO:EOGR) 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 (WBO:EOGR) Headlines

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