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Oceaneering International (Oceaneering International) Cyclically Adjusted Revenue per Share : $27.45 (As of Dec. 2023)


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What is Oceaneering International 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.

Oceaneering International's adjusted revenue per share for the three months ended in Dec. 2023 was $6.395. 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 $27.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Oceaneering International's average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% 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 Oceaneering International was 17.20% per year. The lowest was -9.10% per year. And the median was 10.20% per year.

As of today (2024-04-28), Oceaneering International's current stock price is $24.90. Oceaneering International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $27.45. Oceaneering International's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Oceaneering International was 4.93. The lowest was 0.11. And the median was 0.80.


Oceaneering International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Oceaneering International'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.

Oceaneering International Cyclically Adjusted Revenue per Share Chart

Oceaneering International 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 26.18 26.29 27.57 28.10 27.45

Oceaneering International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.25 28.15 27.99 27.45 -

Competitive Comparison of Oceaneering International's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Oceaneering International'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.


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

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

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



Oceaneering International 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, Oceaneering International'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)
=6.395/129.4194*129.4194
=6.395

Current CPI (Dec. 2023) = 129.4194.

Oceaneering International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.728 99.695 10.032
201406 8.554 100.560 11.009
201409 9.060 100.428 11.675
201412 8.851 99.070 11.562
201503 7.875 99.621 10.231
201506 8.194 100.684 10.533
201509 7.574 100.392 9.764
201512 7.349 99.792 9.531
201603 6.190 100.470 7.974
201606 6.356 101.688 8.089
201609 5.601 101.861 7.116
201612 4.957 101.863 6.298
201703 4.546 102.862 5.720
201706 5.216 103.349 6.532
201709 4.845 104.136 6.021
201712 4.823 104.011 6.001
201803 4.233 105.290 5.203
201806 4.858 106.317 5.914
201809 5.270 106.507 6.404
201812 5.025 105.998 6.135
201903 5.003 107.251 6.037
201906 5.011 108.070 6.001
201909 5.030 108.329 6.009
201912 5.669 108.420 6.767
202003 5.418 108.902 6.439
202006 4.303 108.767 5.120
202009 4.429 109.815 5.220
202012 4.272 109.897 5.031
202103 4.399 111.754 5.094
202106 4.940 114.631 5.577
202109 4.678 115.734 5.231
202112 4.676 117.630 5.145
202203 4.463 121.301 4.762
202206 5.166 125.017 5.348
202209 5.524 125.227 5.709
202212 5.274 125.222 5.451
202303 5.263 127.348 5.349
202306 5.862 128.729 5.893
202309 6.215 129.860 6.194
202312 6.395 129.419 6.395

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


Oceaneering International  (NYSE:OII) 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.

Oceaneering International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.90/27.45
=0.91

* 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 Oceaneering International was 4.93. The lowest was 0.11. And the median was 0.80.


Be Aware

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


Oceaneering International Cyclically Adjusted Revenue per Share Related Terms

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


Oceaneering International (Oceaneering International) Business Description

Industry
Traded in Other Exchanges
Address
5875 North Sam Houston Parkway, Suite 400, Houston, TX, USA, 77086
Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.
Executives
Shaun Roedel officer: SVP, Mfd. Prods. 11911 FM 529, HOUSTON TX 77041
Alan R Curtis officer: SVP and CFO 11911 FM 529, HOUSTON TX 77041
Earl Childress officer: SVP, Chief Commercial Ofc. 11911 FM 529, HOUSTON TX 77041
Christopher J Dyer officer: SVP, OPGroup 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
Karen H Beachy director PO BOX 1400, RAPID CITY SD 57709
Martin J Mcdonald officer: SVP, Subsea Robotics 11911 FM 529, HOUSTON TX 77041
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Leonardo P Granato officer: SVP, IMDS 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Jennifer Fremont Simons officer: SVP, CLO and Secretary 5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Jon Erik Reinhardsen director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
William B Berry director C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Leblanc Witland J Jr. officer: VP & CAO 11911 FM 529, HOUSTON TX 77041