GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 (LTS:0KHZ) » Definitions » Cyclically Adjusted PS Ratio

Phillips 66 (LTS:0KHZ) Cyclically Adjusted PS Ratio : 0.36 (As of May. 01, 2025)


View and export this data going back to 2018. Start your Free Trial

What is Phillips 66 Cyclically Adjusted PS Ratio?

As of today (2025-05-01), Phillips 66's current share price is $103.845. Phillips 66's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $287.27. Phillips 66's Cyclically Adjusted PS Ratio for today is 0.36.

The historical rank and industry rank for Phillips 66's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0KHZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.36   Max: 0.61
Current: 0.36

During the past years, Phillips 66's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.18. And the median was 0.36.

LTS:0KHZ's Cyclically Adjusted PS Ratio is ranked better than
68.6% of 707 companies
in the Oil & Gas industry
Industry Median: 0.79 vs LTS:0KHZ: 0.36

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.

Phillips 66's adjusted revenue per share data for the three months ended in Mar. 2025 was $74.128. 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 $287.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phillips 66 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Phillips 66'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.

Phillips 66 Cyclically Adjusted PS Ratio Chart

Phillips 66 Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.38 0.48 0.40

Phillips 66 Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.58 0.50 0.47 0.40 0.43

Competitive Comparison of Phillips 66's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Phillips 66'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.


Phillips 66's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Phillips 66's Cyclically Adjusted PS Ratio falls into.


;
;

Phillips 66 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.

Phillips 66's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.845/287.27
=0.36

* 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.

Phillips 66's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Phillips 66's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=74.128/134.9266*134.9266
=74.128

Current CPI (Mar. 2025) = 134.9266.

Phillips 66 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 51.941 100.684 69.606
201509 47.351 100.392 63.640
201512 40.482 99.792 54.735
201603 32.558 100.470 43.724
201606 41.142 101.688 54.590
201609 40.893 101.861 54.167
201612 44.539 101.863 58.996
201703 43.648 102.862 57.254
201706 46.307 103.349 60.456
201709 49.669 104.136 64.355
201712 58.043 104.011 75.295
201803 48.186 105.290 61.749
201806 61.445 106.317 77.980
201809 63.454 106.507 80.386
201812 62.640 105.998 79.736
201903 50.302 107.251 63.282
201906 61.124 108.070 76.314
201909 60.350 108.329 75.167
201912 64.993 108.420 80.882
202003 47.305 108.902 58.610
202006 24.873 108.767 30.855
202009 36.292 109.815 44.591
202012 37.369 109.897 45.880
202103 49.208 111.754 59.411
202106 61.313 114.631 72.168
202109 68.677 115.734 80.066
202112 73.986 117.630 84.865
202203 80.396 121.301 89.427
202206 100.152 125.017 108.091
202209 93.068 125.227 100.277
202212 84.875 125.222 91.453
202303 73.648 127.348 78.031
202306 76.923 128.729 80.627
202309 88.636 129.860 92.095
202312 86.736 129.419 90.427
202403 82.914 131.776 84.896
202406 89.561 132.554 91.164
202409 84.832 133.029 86.042
202412 81.834 133.157 82.921
202503 74.128 134.927 74.128

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.


Phillips 66  (LTS:0KHZ) 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.


Phillips 66 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Phillips 66's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Phillips 66 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 (LTS:0KHZ) » Definitions » Cyclically Adjusted PS Ratio
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner that owns or holds interest in 11 refineries with a total crude throughput capacity of 1.8 million barrels per day, or mmb/d, at the end of 2024. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.

Phillips 66 Headlines

No Headlines