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W&T Offshore (W&T Offshore) Cyclically Adjusted PS Ratio : 0.36 (As of Apr. 30, 2024)


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What is W&T Offshore Cyclically Adjusted PS Ratio?

As of today (2024-04-30), W&T Offshore's current share price is $2.25. W&T Offshore's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.19. W&T Offshore's Cyclically Adjusted PS Ratio for today is 0.36.

The historical rank and industry rank for W&T Offshore's Cyclically Adjusted PS Ratio or its related term are showing as below:

WTI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.48   Max: 1.61
Current: 0.38

During the past years, W&T Offshore's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.11. And the median was 0.48.

WTI's Cyclically Adjusted PS Ratio is ranked better than
68.07% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs WTI: 0.38

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.

W&T Offshore's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.903. 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 $6.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


W&T Offshore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for W&T Offshore'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.

W&T Offshore Cyclically Adjusted PS Ratio Chart

W&T Offshore 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 0.61 0.26 0.42 0.76 0.53

W&T Offshore 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 0.76 0.72 0.57 0.67 0.53

Competitive Comparison of W&T Offshore's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, W&T Offshore'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.


W&T Offshore's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, W&T Offshore's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where W&T Offshore's Cyclically Adjusted PS Ratio falls into.



W&T Offshore 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.

W&T Offshore's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.25/6.19
=0.36

* 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.

W&T Offshore's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, W&T Offshore'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)
=0.903/129.4194*129.4194
=0.903

Current CPI (Dec. 2023) = 129.4194.

W&T Offshore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.369 99.695 4.374
201406 3.479 100.560 4.477
201409 3.102 100.428 3.997
201412 2.599 99.070 3.395
201503 1.686 99.621 2.190
201506 1.964 100.684 2.525
201509 1.662 100.392 2.143
201512 1.369 99.792 1.775
201603 1.017 100.470 1.310
201606 1.303 101.688 1.658
201609 1.164 101.861 1.479
201612 0.839 101.863 1.066
201703 0.905 102.862 1.139
201706 0.897 103.349 1.123
201709 0.802 104.136 0.997
201712 0.937 104.011 1.166
201803 0.967 105.290 1.189
201806 1.077 106.317 1.311
201809 1.104 106.507 1.342
201812 1.030 105.998 1.258
201903 0.825 107.251 0.996
201906 0.958 108.070 1.147
201909 0.941 108.329 1.124
201912 0.991 108.420 1.183
202003 0.877 108.902 1.042
202006 0.390 108.767 0.464
202009 0.512 109.815 0.603
202012 0.639 109.897 0.753
202103 0.884 111.754 1.024
202106 0.934 114.631 1.054
202109 0.941 115.734 1.052
202112 1.163 117.630 1.280
202203 1.336 121.301 1.425
202206 1.895 125.017 1.962
202209 1.827 125.227 1.888
202212 1.297 125.222 1.340
202303 0.886 127.348 0.900
202306 0.862 128.729 0.867
202309 0.940 129.860 0.937
202312 0.903 129.419 0.903

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.


W&T Offshore  (NYSE:WTI) 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.


W&T Offshore Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of W&T Offshore's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


W&T Offshore (W&T Offshore) Business Description

Industry
Traded in Other Exchanges
Address
5718 Westheimer Road, Suite 700, Houston, TX, USA, 77057-5745
W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of the company's revenue, with natural gas accounting for a much smaller portion.
Executives
Sameer Parasnis officer: EVP & Chief Financial Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Nancy T Chang director 101 WESTCOTT, SUITE 603, HOUSTON TX 77007
Jonathan Charles Curth officer: See Remarks 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Hartman Bart P. Iii officer: VP and CAO 5718 WESTHEIMER RD. SUITE 700, HOUSTON TX 77057
Conwill Daniel O. Iv director 400 POYDRAS STREET, SUITE 3100, NEW ORLEANS LA 70130
Shahid Ghauri officer: SEE REMARKS NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Virginia Boulet director 909 POYDRAS ST SUITE 3600, NEW ORLEANS LA 70112
B Frank Stanley director NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Tracy W Krohn director, 10 percent owner, officer: Chairman & CEO EIGHT GREENWAY PLAZA, HOUSTON TX 77046
Stuart B Katz director 520 MADISON AVE., NEW YORK NY 10022
William J Williford officer: EVP and GM of Gulf of Mexico NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
David M Bump officer: See Remarks NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Sunghee Janet Yang officer: SEE REMARKS NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Stephen L Schroeder officer: SVP & Chief Technical Officer C/O W&T OFFSHORE, INC., EIGHT GREENWAY PLAZA, SUITE 1330, HOUSTON TX 77046
John D Gibbons officer: SVP & Chief Financial Officer P.O. BOX 500, SAN ANTONIO TX 78292-0500