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Devon Energy (MEX:DVN) Cyclically Adjusted PS Ratio : 1.32 (As of May. 22, 2025)


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What is Devon Energy Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Devon Energy's current share price is MXN655.00. Devon Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN495.60. Devon Energy's Cyclically Adjusted PS Ratio for today is 1.32.

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

MEX:DVN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.38   Max: 2.85
Current: 1.3

During the past years, Devon Energy's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.22. And the median was 1.38.

MEX:DVN's Cyclically Adjusted PS Ratio is ranked worse than
62.59% of 711 companies
in the Oil & Gas industry
Industry Median: 0.83 vs MEX:DVN: 1.30

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.

Devon Energy's adjusted revenue per share data for the three months ended in Mar. 2025 was MXN141.209. 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 MXN495.60 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Devon Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Devon Energy'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.

Devon Energy Cyclically Adjusted PS Ratio Chart

Devon Energy 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 0.60 1.67 2.19 1.62 1.31

Devon Energy 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 1.80 1.75 1.50 1.31 1.51

Competitive Comparison of Devon Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Devon Energy'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.


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

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

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


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Devon Energy 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.

Devon Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=655.00/495.60
=1.32

* 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.

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

For example, Devon Energy'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)
=141.209/134.9266*134.9266
=141.209

Current CPI (Mar. 2025) = 134.9266.

Devon Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 131.125 100.684 175.721
201509 149.876 100.392 201.434
201512 121.036 99.792 163.649
201603 77.209 100.470 103.688
201606 88.826 101.688 117.860
201609 106.958 101.861 141.678
201612 111.546 101.863 147.753
201703 128.088 102.862 168.016
201706 74.827 103.349 97.690
201709 67.075 104.136 86.908
201712 0.113 104.011 0.147
201803 76.793 105.290 98.409
201806 73.333 106.317 93.067
201809 82.470 106.507 104.476
201812 123.570 105.998 157.294
201903 48.227 107.251 60.672
201906 84.407 108.070 105.384
201909 87.486 108.329 108.966
201912 79.492 108.420 98.926
202003 129.804 108.902 160.824
202006 24.123 108.767 29.925
202009 62.523 109.815 76.820
202012 67.538 109.897 82.920
202103 64.369 111.754 77.716
202106 71.490 114.631 84.147
202109 105.896 115.734 123.457
202112 132.411 117.630 151.882
202203 115.351 121.301 128.308
202206 173.064 125.017 186.782
202209 167.841 125.227 180.842
202212 128.944 125.222 138.937
202303 106.506 127.348 112.844
202306 92.668 128.729 97.130
202309 104.568 129.860 108.648
202312 110.107 129.419 114.792
202403 94.431 131.776 96.689
202406 114.267 132.554 116.312
202409 127.181 133.029 128.995
202412 140.840 133.157 142.712
202503 141.209 134.927 141.209

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.


Devon Energy  (MEX:DVN) 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.


Devon Energy Cyclically Adjusted PS Ratio Related Terms

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


Devon Energy Business Description

Industry
Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.