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McChip Resources (TSXV:MCS) Cyclically Adjusted Revenue per Share : C$0.11 (As of Dec. 2023)


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What is McChip Resources 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.

McChip Resources's adjusted revenue per share for the three months ended in Dec. 2023 was C$0.088. 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 C$0.11 for the trailing ten years ended in Dec. 2023.

During the past 12 months, McChip Resources's average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -16.70% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of McChip Resources was 32.60% per year. The lowest was -33.10% per year. And the median was -11.10% per year.

As of today (2024-05-26), McChip Resources's current stock price is C$0.69. McChip Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.11. McChip Resources's Cyclically Adjusted PS Ratio of today is 6.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McChip Resources was 17.00. The lowest was 1.95. And the median was 5.00.


McChip Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for McChip Resources'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.

McChip Resources Cyclically Adjusted Revenue per Share Chart

McChip Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.07 0.08 0.10 0.11

McChip 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 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 0.10 - 0.10 0.10 0.11

Competitive Comparison of McChip Resources's Cyclically Adjusted Revenue per Share

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


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

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

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



McChip Resources 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, McChip 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)
=0.088/125.0724*125.0724
=0.088

Current CPI (Dec. 2023) = 125.0724.

McChip Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.012 98.604 0.015
201406 0.031 99.473 0.039
201409 0.007 99.394 0.009
201412 0.018 98.367 0.023
201503 0.025 99.789 0.031
201506 0.016 100.500 0.020
201509 0.044 100.421 0.055
201512 0.019 99.947 0.024
201603 0.008 101.054 0.010
201606 0.005 102.002 0.006
201609 0.008 101.765 0.010
201612 0.011 101.449 0.014
201703 0.017 102.634 0.021
201706 0.014 103.029 0.017
201709 0.009 103.345 0.011
201712 0.081 103.345 0.098
201803 0.003 105.004 0.004
201806 0.007 105.557 0.008
201809 0.007 105.636 0.008
201812 0.072 105.399 0.085
201903 0.003 106.979 0.004
201906 0.007 107.690 0.008
201909 0.002 107.611 0.002
201912 0.091 107.769 0.106
202003 0.002 107.927 0.002
202006 -0.001 108.401 -0.001
202009 0.000 108.164 0.000
202012 0.086 108.559 0.099
202103 0.006 110.298 0.007
202106 0.003 111.720 0.003
202109 0.010 112.905 0.011
202112 0.102 113.774 0.112
202203 0.008 117.646 0.009
202206 0.009 120.806 0.009
202209 0.012 120.648 0.012
202212 0.070 120.964 0.072
202303 0.000 122.702 0.000
202306 -0.003 124.203 -0.003
202309 -0.001 125.230 -0.001
202312 0.088 125.072 0.088

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


McChip Resources  (TSXV:MCS) 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.

McChip Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.69/0.11
=6.27

* 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 McChip Resources was 17.00. The lowest was 1.95. And the median was 5.00.


Be Aware

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


McChip Resources Cyclically Adjusted Revenue per Share Related Terms

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


McChip Resources (TSXV:MCS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McChip Resources Inc (TSXV:MCS) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5
Website
McChip Resources Inc is engaged in the natural resource industry. The company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals.
Executives
Richard Duncan Mccloskey Director, Senior Officer