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Murphy Oil (Murphy Oil) Cyclically Adjusted PS Ratio : 2.35 (As of Apr. 29, 2024)


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What is Murphy Oil Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Murphy Oil's current share price is $46.83. Murphy Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.89. Murphy Oil's Cyclically Adjusted PS Ratio for today is 2.35.

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

MUR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.63   Max: 2.85
Current: 2.34

During the past years, Murphy Oil's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.15. And the median was 0.63.

MUR's Cyclically Adjusted PS Ratio is ranked worse than
75.33% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs MUR: 2.34

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.

Murphy Oil's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.428. 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 $19.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murphy Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Murphy Oil'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.

Murphy Oil Cyclically Adjusted PS Ratio Chart

Murphy Oil 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 0.75 0.50 1.04 2.08 2.15

Murphy Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.08 1.79 1.87 2.23 2.15

Competitive Comparison of Murphy Oil's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Murphy Oil'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.


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

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

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



Murphy Oil 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.

Murphy Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.83/19.89
=2.35

* 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.

Murphy Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Murphy Oil's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.428/129.4194*129.4194
=5.428

Current CPI (Dec. 2023) = 129.4194.

Murphy Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.017 99.695 9.109
201406 7.542 100.560 9.707
201409 8.001 100.428 10.311
201412 6.826 99.070 8.917
201503 4.203 99.621 5.460
201506 4.118 100.684 5.293
201509 3.865 100.392 4.983
201512 3.795 99.792 4.922
201603 2.493 100.470 3.211
201606 2.380 101.688 3.029
201609 2.824 101.861 3.588
201612 3.114 101.863 3.956
201703 2.941 102.862 3.700
201706 2.768 103.349 3.466
201709 2.962 104.136 3.681
201712 -1.145 104.011 -1.425
201803 2.270 105.290 2.790
201806 2.453 106.317 2.986
201809 2.730 106.507 3.317
201812 2.732 105.998 3.336
201903 3.607 107.251 4.353
201906 4.020 108.070 4.814
201909 4.661 108.329 5.568
201912 4.886 108.420 5.832
202003 3.917 108.902 4.655
202006 1.861 108.767 2.214
202009 2.769 109.815 3.263
202012 2.865 109.897 3.374
202103 3.849 111.754 4.457
202106 4.915 114.631 5.549
202109 4.409 115.734 4.930
202112 4.936 117.630 5.431
202203 5.625 121.301 6.001
202206 7.597 125.017 7.865
202209 7.413 125.227 7.661
202212 6.254 125.222 6.464
202303 5.337 127.348 5.424
202306 5.168 128.729 5.196
202309 6.082 129.860 6.061
202312 5.428 129.419 5.428

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.


Murphy Oil  (NYSE:MUR) 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.


Murphy Oil Cyclically Adjusted PS Ratio Related Terms

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


Murphy Oil (Murphy Oil) Business Description

Industry
Traded in Other Exchanges
Address
9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024
Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2022, the company reported net proved reserves of 697 million barrels of oil equivalent. Consolidated 62% oil and natural gas liquids and 38% natural gas.
Executives
Elisabeth W Keller director 300 PEACH ST., EL DORADO AR 71730
Robert Madison Murphy director 200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730
John B Gardner officer: Treasurer 200 PEACH ST, EL DORADO AR 71730
Thomas J Mireles officer: Vice President 200 PEACH STREET, P O BOX 7000, EL DORADO AR 71730
Paul D. Vaughan officer: Vice President & Controller 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Meenambigai Palanivelu officer: Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Daniel R Hanchera officer: Senior Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Eric M Hambly officer: Executive Vice President 300 PEACH STREET, EL DORADO AR 71730
Roger W. Jenkins officer: Executive Vice President 200 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Kelly L Whitley officer: Vice President 200 PEACH ST., EL DORADO AR 71730
Louis W Utsch officer: Vice President 300 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Maria A Martinez officer: Vice President 300 PEACH STREET, EL DORADO AR 71730
T Jay Collins director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Leyster L. Jumawan officer: Vice President & Treasurer 9805 KATY FREEWAY G-200, HOUSTON TX 77024
E Ted Botner officer: Secretary 200 PEACH ST, EL DORADO AR 71730