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Subsea 7 (FRA:SOC) Cyclically Adjusted PS Ratio : 1.18 (As of Sep. 21, 2024)


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What is Subsea 7 Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Subsea 7's current share price is €15.97. Subsea 7's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €13.59. Subsea 7's Cyclically Adjusted PS Ratio for today is 1.18.

The historical rank and industry rank for Subsea 7's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:SOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.9   Max: 1.5
Current: 1.22

During the past years, Subsea 7's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.44. And the median was 0.90.

FRA:SOC's Cyclically Adjusted PS Ratio is ranked worse than
59.94% of 724 companies
in the Oil & Gas industry
Industry Median: 0.85 vs FRA:SOC: 1.22

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.

Subsea 7's adjusted revenue per share data for the three months ended in Jun. 2024 was €5.385. 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 €13.59 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subsea 7 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Subsea 7'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.

Subsea 7 Cyclically Adjusted PS Ratio Chart

Subsea 7 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 0.99 0.80 0.53 0.83 0.99

Subsea 7 Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.93 1.01 0.99 1.14 1.29

Competitive Comparison of Subsea 7's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Subsea 7's Cyclically Adjusted PS Ratio falls into.



Subsea 7 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.

Subsea 7's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.97/13.59
=1.18

* 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.

Subsea 7's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Subsea 7's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.385/133.0000*133.0000
=5.385

Current CPI (Jun. 2024) = 133.0000.

Subsea 7 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 3.958 100.000 5.264
201412 3.445 99.900 4.586
201503 3.133 99.600 4.184
201506 3.468 100.100 4.608
201509 3.081 100.200 4.090
201512 2.889 100.400 3.827
201603 1.955 100.400 2.590
201606 2.495 101.000 3.285
201609 2.412 101.500 3.161
201612 2.578 102.200 3.355
201703 2.455 102.700 3.179
201706 2.670 103.500 3.431
201709 2.617 104.300 3.337
201712 2.575 105.000 3.262
201803 2.010 105.100 2.544
201806 3.034 105.900 3.810
201809 2.831 106.600 3.532
201812 2.769 107.100 3.439
201903 2.410 107.000 2.996
201906 2.748 107.900 3.387
201909 2.884 108.400 3.538
201912 2.678 108.500 3.283
202003 2.275 108.600 2.786
202006 2.253 108.800 2.754
202009 2.706 109.200 3.296
202012 2.801 109.400 3.405
202103 2.804 109.700 3.400
202106 3.340 111.400 3.988
202109 4.130 112.400 4.887
202112 4.048 114.700 4.694
202203 3.675 116.500 4.195
202206 4.016 120.500 4.433
202209 4.869 122.300 5.295
202212 4.187 125.300 4.444
202303 3.989 126.800 4.184
202306 4.654 129.400 4.783
202309 4.906 130.100 5.015
202312 4.972 130.500 5.067
202403 4.264 131.600 4.309
202406 5.385 133.000 5.385

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.


Subsea 7  (FRA:SOC) 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.


Subsea 7 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Subsea 7's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Subsea 7 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (FRA:SOC) » Definitions » Cyclically Adjusted PS Ratio
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.