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Marine Petroleum Trust (Marine Petroleum Trust) Cyclically Adjusted Revenue per Share : $0.70 (As of Dec. 2023)


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What is Marine Petroleum Trust 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.

Marine Petroleum Trust's adjusted revenue per share for the three months ended in Dec. 2023 was $0.125. 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 $0.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marine Petroleum Trust's average Cyclically Adjusted Revenue Growth Rate was -16.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -10.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -11.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -11.50% 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 Marine Petroleum Trust was 8.90% per year. The lowest was -14.00% per year. And the median was -3.90% per year.

As of today (2024-04-28), Marine Petroleum Trust's current stock price is $4.20. Marine Petroleum Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.70. Marine Petroleum Trust's Cyclically Adjusted PS Ratio of today is 6.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marine Petroleum Trust was 14.51. The lowest was 0.97. And the median was 3.63.


Marine Petroleum Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Marine Petroleum Trust'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.

Marine Petroleum Trust Cyclically Adjusted Revenue per Share Chart

Marine Petroleum Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.11 0.98 0.88 0.79

Marine Petroleum Trust 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 0.84 0.82 0.79 0.76 0.70

Competitive Comparison of Marine Petroleum Trust's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust'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.


Marine Petroleum Trust's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Marine Petroleum Trust 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, Marine Petroleum Trust'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)
=0.125/129.4194*129.4194
=0.125

Current CPI (Dec. 2023) = 129.4194.

Marine Petroleum Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.286 99.695 0.371
201406 0.401 100.560 0.516
201409 0.366 100.428 0.472
201412 0.347 99.070 0.453
201503 0.205 99.621 0.266
201506 0.140 100.684 0.180
201509 0.146 100.392 0.188
201512 0.098 99.792 0.127
201603 0.119 100.470 0.153
201606 0.090 101.688 0.115
201609 0.095 101.861 0.121
201612 0.106 101.863 0.135
201703 0.109 102.862 0.137
201706 0.165 103.349 0.207
201709 0.104 104.136 0.129
201712 0.087 104.011 0.108
201803 0.119 105.290 0.146
201806 0.123 106.317 0.150
201809 0.120 106.507 0.146
201812 0.116 105.998 0.142
201903 0.088 107.251 0.106
201906 0.097 108.070 0.116
201909 0.099 108.329 0.118
201912 0.071 108.420 0.085
202003 0.108 108.902 0.128
202006 0.110 108.767 0.131
202009 0.027 109.815 0.032
202012 0.051 109.897 0.060
202103 0.042 111.754 0.049
202106 0.075 114.631 0.085
202109 0.115 115.734 0.129
202112 0.133 117.630 0.146
202203 0.233 121.301 0.249
202206 0.242 125.017 0.251
202209 0.298 125.227 0.308
202212 0.213 125.222 0.220
202303 0.145 127.348 0.147
202306 0.150 128.729 0.151
202309 0.146 129.860 0.146
202312 0.125 129.419 0.125

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


Marine Petroleum Trust  (NAS:MARPS) 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.

Marine Petroleum Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.20/0.7
=6.00

* 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 Marine Petroleum Trust was 14.51. The lowest was 0.97. And the median was 3.63.


Be Aware

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


Marine Petroleum Trust Cyclically Adjusted Revenue per Share Related Terms

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


Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » Cyclically Adjusted Revenue per Share
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Address
c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.

Marine Petroleum Trust (Marine Petroleum Trust) Headlines