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Baytex Energy (Baytex Energy) Cyclically Adjusted Revenue per Share : $4.18 (As of Dec. 2023)


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What is Baytex 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.

Baytex Energy's adjusted revenue per share for the three months ended in Dec. 2023 was $0.954. 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 $4.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Baytex Energy's average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.90% 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 Baytex Energy was 8.90% per year. The lowest was -8.30% per year. And the median was 0.35% per year.

As of today (2024-04-27), Baytex Energy's current stock price is $3.93. Baytex Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.18. Baytex Energy's Cyclically Adjusted PS Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Baytex Energy was 5.13. The lowest was 0.04. And the median was 0.61.


Baytex Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Baytex 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.

Baytex Energy Cyclically Adjusted Revenue per Share Chart

Baytex Energy 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 5.88 5.27 4.84 4.43 4.18

Baytex 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 4.43 4.38 4.38 4.16 4.18

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

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


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

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

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



Baytex 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, Baytex 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)
=0.954/125.4675*125.4675
=0.954

Current CPI (Dec. 2023) = 125.4675.

Baytex Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.200 98.604 2.799
201406 2.451 99.473 3.091
201409 2.625 99.394 3.314
201412 1.922 98.367 2.452
201503 1.332 99.789 1.675
201506 1.346 100.500 1.680
201509 0.964 100.421 1.204
201512 0.795 99.947 0.998
201603 0.549 101.054 0.682
201606 0.720 102.002 0.886
201609 0.713 101.765 0.879
201612 0.808 101.449 0.999
201703 0.825 102.634 1.009
201706 0.882 103.029 1.074
201709 0.895 103.345 1.087
201712 1.000 103.345 1.214
201803 0.936 105.004 1.118
201806 1.119 105.557 1.330
201809 0.885 105.636 1.051
201812 0.481 105.399 0.573
201903 0.607 106.979 0.712
201906 0.647 107.690 0.754
201909 0.572 107.611 0.667
201912 0.607 107.769 0.707
202003 0.431 107.927 0.501
202006 0.201 108.401 0.233
202009 0.340 108.164 0.394
202012 0.325 108.559 0.376
202103 0.545 110.298 0.620
202106 0.635 111.720 0.713
202109 0.675 112.905 0.750
202112 0.749 113.774 0.826
202203 0.934 117.646 0.996
202206 1.167 120.806 1.212
202209 0.955 120.648 0.993
202212 0.865 120.964 0.897
202303 0.741 122.702 0.758
202306 0.766 124.203 0.774
202309 0.999 125.230 1.001
202312 0.954 125.468 0.954

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


Baytex Energy  (NYSE:BTE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.93/4.18
=0.94

* 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 Baytex Energy was 5.13. The lowest was 0.04. And the median was 0.61.


Be Aware

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


Baytex Energy Cyclically Adjusted Revenue per Share Related Terms

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


Baytex Energy (Baytex Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baytex Energy Corp (NYSE:BTE) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.

Baytex Energy (Baytex Energy) Headlines

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