GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (NYSE:TDW) » Definitions » Cyclically Adjusted Revenue per Share

Tidewater (Tidewater) Cyclically Adjusted Revenue per Share : $33.66 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Tidewater 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.

Tidewater's adjusted revenue per share for the three months ended in Dec. 2023 was $5.597. 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 $33.66 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-29), Tidewater's current stock price is $96.08. Tidewater's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.66. Tidewater's Cyclically Adjusted PS Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tidewater was 2.93. The lowest was 1.20. And the median was 1.85.


Tidewater Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tidewater'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.

Tidewater Cyclically Adjusted Revenue per Share Chart

Tidewater Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 33.66

Tidewater 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 - 35.93 35.72 35.63 33.66

Competitive Comparison of Tidewater's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Tidewater'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.


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

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

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



Tidewater 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, Tidewater'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)
=5.597/129.4194*129.4194
=5.597

Current CPI (Dec. 2023) = 129.4194.

Tidewater Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 16.901 97.633 22.403
201303 0.000 98.209 0.000
201306 18.102 98.518 23.780
201309 19.936 98.790 26.117
201403 0.000 99.695 0.000
201406 20.897 100.560 26.894
201409 21.539 100.428 27.757
201503 0.000 99.621 0.000
201506 16.514 100.684 21.227
201509 14.734 100.392 18.994
201603 0.000 100.470 0.000
201606 9.099 101.688 11.580
201609 7.787 101.861 9.894
201703 0.000 102.862 0.000
201706 6.237 103.349 7.810
201709 0.000 104.136 0.000
201803 3.906 105.290 4.801
201806 4.283 106.317 5.214
201809 3.727 106.507 4.529
201812 3.540 105.998 4.322
201903 3.285 107.251 3.964
201906 3.350 108.070 4.012
201909 3.108 108.329 3.713
201912 3.006 108.420 3.588
202003 2.902 108.902 3.449
202006 2.539 108.767 3.021
202009 2.140 109.815 2.522
202012 2.262 109.897 2.664
202103 2.051 111.754 2.375
202106 2.199 114.631 2.483
202109 2.246 115.734 2.512
202112 2.548 117.630 2.803
202203 2.553 121.301 2.724
202206 3.909 125.017 4.047
202209 3.722 125.227 3.847
202212 3.825 125.222 3.953
202303 3.716 127.348 3.776
202306 4.133 128.729 4.155
202309 5.582 129.860 5.563
202312 5.597 129.419 5.597

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


Tidewater  (NYSE:TDW) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=96.08/33.66
=2.85

* 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 Tidewater was 2.93. The lowest was 1.20. And the median was 1.85.


Be Aware

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


Tidewater Cyclically Adjusted Revenue per Share Related Terms

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


Tidewater (Tidewater) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (NYSE:TDW) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
Executives
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
David E Darling officer: EVP, COO & Chief HR Officer 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio officer: EVP, CFO & CAO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Lois K Zabrocky director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle director 777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Darron M. Anderson director 10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Quintin Kneen director, officer: Director, President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Daniel A. Hudson officer: EVP & General Counsel 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Kenneth H Traub director
Larry T Rigdon director 914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino director C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd director, officer: President and CEO 11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022

Tidewater (Tidewater) Headlines