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Transocean (FRA:TOJ) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Transocean Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transocean Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transocean'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.

Transocean Cyclically Adjusted PS Ratio Chart

Transocean 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 0.39 0.15 0.20 0.38 0.65

Transocean 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 0.55 0.64 0.79 0.65 0.69

Competitive Comparison of Transocean's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Transocean'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.


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

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

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



Transocean 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.

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

For example, Transocean'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)
=0.868/106.4611*106.4611
=0.868

Current CPI (Mar. 2024) = 106.4611.

Transocean Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.733 101.517 4.964
201409 4.866 101.247 5.117
201412 5.036 100.704 5.324
201503 5.200 100.339 5.517
201506 4.624 100.464 4.900
201509 3.936 99.785 4.199
201512 4.681 99.386 5.014
201603 3.308 99.475 3.540
201606 2.292 100.088 2.438
201609 2.212 99.604 2.364
201612 2.475 99.380 2.651
201703 1.882 100.040 2.003
201706 1.709 100.285 1.814
201709 1.734 100.254 1.841
201712 1.359 100.213 1.444
201803 1.229 100.836 1.298
201806 1.464 101.435 1.537
201809 1.510 101.246 1.588
201812 1.289 100.906 1.360
201903 1.092 101.571 1.145
201906 1.096 102.044 1.143
201909 1.161 101.396 1.219
201912 1.165 101.063 1.227
202003 1.119 101.048 1.179
202006 1.343 100.743 1.419
202009 0.935 100.585 0.990
202012 0.922 100.241 0.979
202103 0.889 100.800 0.939
202106 0.877 101.352 0.921
202109 0.815 101.533 0.855
202112 0.835 101.776 0.873
202203 0.801 103.205 0.826
202206 0.946 104.783 0.961
202209 0.977 104.835 0.992
202212 0.788 104.666 0.802
202303 0.833 106.245 0.835
202306 0.884 106.576 0.883
202309 0.863 106.570 0.862
202312 0.842 106.461 0.842
202403 0.868 106.461 0.868

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.


Transocean  (FRA:TOJ) 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.


Transocean Cyclically Adjusted PS Ratio Related Terms

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


Transocean (FRA:TOJ) Business Description

Industry
Traded in Other Exchanges
Address
Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.

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