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Wescan Energy (TSXV:WCE) Cyclically Adjusted Revenue per Share : C$0.09 (As of Dec. 2023)


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What is Wescan Energy 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.

Wescan Energy's adjusted revenue per share for the three months ended in Dec. 2023 was C$0.015. 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$0.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wescan Energy's average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% 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 Wescan Energy was 14.50% per year. The lowest was -34.00% per year. And the median was -7.35% per year.

As of today (2024-05-23), Wescan Energy's current stock price is C$0.10. Wescan Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.09. Wescan Energy's Cyclically Adjusted PS Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wescan Energy was 5.94. The lowest was 0.11. And the median was 0.56.


Wescan Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Wescan Energy'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.

Wescan Energy Cyclically Adjusted Revenue per Share Chart

Wescan Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.08 0.08 0.09

Wescan Energy 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 0.08 0.09 0.09 0.09 0.09

Competitive Comparison of Wescan Energy's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Wescan Energy'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.


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

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

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



Wescan Energy 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, Wescan Energy'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)
=0.015/125.0724*125.0724
=0.015

Current CPI (Dec. 2023) = 125.0724.

Wescan Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.001 98.604 0.001
201406 0.001 99.473 0.001
201409 0.001 99.394 0.001
201412 0.001 98.367 0.001
201503 0.000 99.789 0.000
201506 0.009 100.500 0.011
201509 0.018 100.421 0.022
201512 0.017 99.947 0.021
201603 0.012 101.054 0.015
201606 0.016 102.002 0.020
201609 0.018 101.765 0.022
201612 0.020 101.449 0.025
201703 0.022 102.634 0.027
201706 0.019 103.029 0.023
201709 0.017 103.345 0.021
201712 0.022 103.345 0.027
201803 0.016 105.004 0.019
201806 0.018 105.557 0.021
201809 0.020 105.636 0.024
201812 0.009 105.399 0.011
201903 0.013 106.979 0.015
201906 0.014 107.690 0.016
201909 0.013 107.611 0.015
201912 0.010 107.769 0.012
202003 0.007 107.927 0.008
202006 0.004 108.401 0.005
202009 0.008 108.164 0.009
202012 0.007 108.559 0.008
202103 0.257 110.298 0.291
202106 0.010 111.720 0.011
202109 0.010 112.905 0.011
202112 0.009 113.774 0.010
202203 0.011 117.646 0.012
202206 0.027 120.806 0.028
202209 0.019 120.648 0.020
202212 0.019 120.964 0.020
202303 0.020 122.702 0.020
202306 0.017 124.203 0.017
202309 0.018 125.230 0.018
202312 0.015 125.072 0.015

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


Wescan Energy  (TSXV:WCE) 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.

Wescan Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.10/0.09
=1.11

* 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 Wescan Energy was 5.94. The lowest was 0.11. And the median was 0.56.


Be Aware

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


Wescan Energy Cyclically Adjusted Revenue per Share Related Terms

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


Wescan Energy (TSXV:WCE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wescan Energy Corp (TSXV:WCE) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.
Executives
Shubham Garg Director

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