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Marathon Oil (BSP:M1RO34) Cyclically Adjusted PS Ratio : 3.14 (As of May. 12, 2024)


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What is Marathon Oil Cyclically Adjusted PS Ratio?

As of today (2024-05-12), Marathon Oil's current share price is R$136.24. Marathon Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$43.40. Marathon Oil's Cyclically Adjusted PS Ratio for today is 3.14.

The historical rank and industry rank for Marathon Oil's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:M1RO34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.57   Max: 3.34
Current: 2.98

During the past years, Marathon Oil's highest Cyclically Adjusted PS Ratio was 3.34. The lowest was 0.13. And the median was 0.57.

BSP:M1RO34's Cyclically Adjusted PS Ratio is ranked worse than
81.79% of 758 companies
in the Oil & Gas industry
Industry Median: 0.89 vs BSP:M1RO34: 2.98

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.

Marathon Oil's adjusted revenue per share data for the three months ended in Mar. 2024 was R$13.297. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$43.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marathon Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marathon Oil's Cyclically Adjusted PS Ratio 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.

Marathon Oil Cyclically Adjusted PS Ratio Chart

Marathon Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.58 1.58 2.70 2.64

Marathon Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 2.46 2.41 2.85 2.64 3.18

Competitive Comparison of Marathon Oil's Cyclically Adjusted PS Ratio

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


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

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

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



Marathon Oil Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Marathon Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=136.24/43.4
=3.14

* 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.

Marathon Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Marathon Oil's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.297/129.4194*129.4194
=13.297

Current CPI (Mar. 2024) = 129.4194.

Marathon Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.510 100.560 12.239
201409 9.896 100.428 12.753
201412 9.317 99.070 12.171
201503 6.906 99.621 8.972
201506 6.848 100.684 8.802
201509 7.979 100.392 10.286
201512 1.588 99.792 2.059
201603 3.100 100.470 3.993
201606 3.072 101.688 3.910
201609 3.307 101.861 4.202
201612 3.958 101.863 5.029
201703 3.341 102.862 4.204
201706 3.633 103.349 4.549
201709 4.363 104.136 5.422
201712 5.353 104.011 6.661
201803 5.915 105.290 7.271
201806 6.382 106.317 7.769
201809 7.443 106.507 9.044
201812 6.465 105.998 7.894
201903 5.621 107.251 6.783
201906 6.541 108.070 7.833
201909 6.408 108.329 7.656
201912 6.318 108.420 7.542
202003 6.302 108.902 7.489
202006 3.218 108.767 3.829
202009 5.202 109.815 6.131
202012 5.340 109.897 6.289
202103 8.406 111.754 9.735
202106 7.992 114.631 9.023
202109 9.621 115.734 10.759
202112 12.573 117.630 13.833
202203 11.972 121.301 12.773
202206 15.523 125.017 16.070
202209 15.668 125.227 16.193
202212 13.159 125.222 13.600
202303 12.976 127.348 13.187
202306 11.712 128.729 11.775
202309 14.481 129.860 14.432
202312 13.298 129.419 13.298
202403 13.297 129.419 13.297

Add all the adjusted revenue per share together and divide 10 will get our 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.


Marathon Oil  (BSP:M1RO34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Marathon Oil Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Marathon Oil's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Oil (BSP:M1RO34) Business Description

Industry
Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.

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