Concho Resources (FRA:KIJ) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)

Concho Resources Cyclically Adjusted PS Ratio Chart

Concho Resources Annual Data
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Concho Resources Quarterly Data
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Competitive Comparison of Concho Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Concho Resources'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.

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

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

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

Concho Resources 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.

Concho Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Concho Resources's adjusted Revenue per Share data for the three months ended in Sep. 2020 was:

Current CPI (Sep. 2020) = 109.8149.

Concho Resources Quarterly Data

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.

Concho Resources  (FRA:KIJ) 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.

Concho Resources Cyclically Adjusted PS Ratio Related Terms

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Concho Resources (FRA:KIJ) Business Description