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Ecopetrol (FRA:ECHA) Cyclically Adjusted PS Ratio : 0.91 (As of May. 14, 2024)


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What is Ecopetrol Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Ecopetrol's current share price is €10.90. Ecopetrol's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.01. Ecopetrol's Cyclically Adjusted PS Ratio for today is 0.91.

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

FRA:ECHA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.4   Max: 2.78
Current: 1.01

During the past years, Ecopetrol's highest Cyclically Adjusted PS Ratio was 2.78. The lowest was 0.92. And the median was 1.40.

FRA:ECHA's Cyclically Adjusted PS Ratio is ranked worse than
54.43% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs FRA:ECHA: 1.01

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.

Ecopetrol's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.568. 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 €12.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecopetrol Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ecopetrol'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.

Ecopetrol Cyclically Adjusted PS Ratio Chart

Ecopetrol 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 2.06 1.38 1.52 1.18 1.05

Ecopetrol Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.18 1.15 1.07 1.05 0.92

Competitive Comparison of Ecopetrol's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


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

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

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



Ecopetrol 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.

Ecopetrol's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.90/12.01
=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.

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

For example, Ecopetrol'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)
=3.568/129.4194*129.4194
=3.568

Current CPI (Mar. 2024) = 129.4194.

Ecopetrol Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.370 99.695 4.375
201406 3.232 100.560 4.160
201409 3.384 100.428 4.361
201412 2.998 99.070 3.916
201503 2.223 99.621 2.888
201506 2.381 100.684 3.061
201509 1.859 100.392 2.397
201512 1.851 99.792 2.401
201603 1.432 100.470 1.845
201606 1.635 101.688 2.081
201609 1.811 101.861 2.301
201612 2.111 101.863 2.682
201703 2.108 102.862 2.652
201706 1.870 103.349 2.342
201709 1.848 104.136 2.297
201712 2.196 104.011 2.732
201803 2.008 105.290 2.468
201806 2.449 106.317 2.981
201809 2.447 106.507 2.973
201812 2.527 105.998 3.085
201903 2.229 107.251 2.690
201906 2.336 108.070 2.797
201909 2.346 108.329 2.803
201912 2.397 108.420 2.861
202003 1.877 108.902 2.231
202006 0.979 108.767 1.165
202009 1.377 109.815 1.623
202012 1.614 109.897 1.901
202103 1.938 111.754 2.244
202106 2.137 114.631 2.413
202109 2.569 115.734 2.873
202112 3.473 117.630 3.821
202203 3.653 121.301 3.897
202206 5.355 125.017 5.544
202209 4.814 125.227 4.975
202212 3.823 125.222 3.951
202303 3.652 127.348 3.711
202309 3.949 129.860 3.936
202312 3.875 129.419 3.875
202403 3.568 129.419 3.568

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.


Ecopetrol  (FRA:ECHA) 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.


Ecopetrol Cyclically Adjusted PS Ratio Related Terms

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


Ecopetrol (FRA:ECHA) Business Description

Industry
Traded in Other Exchanges
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.

Ecopetrol (FRA:ECHA) Headlines

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