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Enerplus (Enerplus) Cyclically Adjusted Revenue per Share : $5.51 (As of Dec. 2023)


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What is Enerplus 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.

Enerplus's adjusted revenue per share for the three months ended in Dec. 2023 was $2.050. 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 $5.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Enerplus's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -6.20% 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 Enerplus was 7.30% per year. The lowest was -11.30% per year. And the median was -5.50% per year.

As of today (2024-04-27), Enerplus's current stock price is $20.51. Enerplus's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.51. Enerplus's Cyclically Adjusted PS Ratio of today is 3.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enerplus was 3.91. The lowest was 0.29. And the median was 1.41.


Enerplus Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Enerplus'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.

Enerplus Cyclically Adjusted Revenue per Share Chart

Enerplus 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 4.91 4.64 4.77 5.01 5.51

Enerplus 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 5.01 5.16 5.31 5.31 5.51

Competitive Comparison of Enerplus's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Enerplus'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.


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

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

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



Enerplus 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, Enerplus'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)
=2.05/125.4675*125.4675
=2.050

Current CPI (Dec. 2023) = 125.4675.

Enerplus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.648 98.604 2.097
201406 1.667 99.473 2.103
201409 2.012 99.394 2.540
201412 2.078 98.367 2.650
201503 0.978 99.789 1.230
201506 0.906 100.500 1.131
201509 1.117 100.421 1.396
201512 0.711 99.947 0.893
201603 0.582 101.054 0.723
201606 0.477 102.002 0.587
201609 0.634 101.765 0.782
201612 0.953 101.449 1.179
201703 0.869 102.634 1.062
201706 0.978 103.029 1.191
201709 0.676 103.345 0.821
201712 0.921 103.345 1.118
201803 0.957 105.004 1.144
201806 0.719 105.557 0.855
201809 1.365 105.636 1.621
201812 1.039 105.399 1.237
201903 1.139 106.979 1.336
201906 1.286 107.690 1.498
201909 1.328 107.611 1.548
201912 0.311 107.769 0.362
202003 1.006 107.927 1.169
202006 0.687 108.401 0.795
202009 0.872 108.164 1.011
202012 0.263 108.559 0.304
202103 0.863 110.298 0.982
202106 1.178 111.720 1.323
202109 1.426 112.905 1.585
202112 1.194 113.774 1.317
202203 1.765 117.646 1.882
202206 1.981 120.806 2.057
202209 2.405 120.648 2.501
202212 2.775 120.964 2.878
202303 2.007 122.702 2.052
202306 1.662 124.203 1.679
202309 2.154 125.230 2.158
202312 2.050 125.468 2.050

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


Enerplus  (NYSE:ERF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.51/5.51
=3.72

* 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 Enerplus was 3.91. The lowest was 0.29. And the median was 1.41.


Be Aware

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


Enerplus Cyclically Adjusted Revenue per Share Related Terms

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


Enerplus (Enerplus) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerplus Corp (NYSE:ERF) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1
Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.

Enerplus (Enerplus) Headlines

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