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Seadrill Old (OSL:SDRL) Cyclically Adjusted PS Ratio : (As of Apr. 30, 2024)


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What is Seadrill Old Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Seadrill Old Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seadrill Old'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.

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Seadrill Old Cyclically Adjusted PS Ratio Chart

Seadrill Old Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Seadrill Old Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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Competitive Comparison of Seadrill Old's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Seadrill Old'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.


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

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

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



Seadrill Old 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.

Seadrill Old's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Seadrill Old's adjusted Revenue per Share data for the fiscal year that ended in Dec17 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=9208.678/104.0111*104.0111
=9,208.678

Current CPI (Dec17) = 104.0111.

Seadrill Old Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200812 9,935.496 88.697 11,650.870
200912 11,512.941 91.111 13,142.991
201012 13,834.043 92.474 15,559.985
201112 13,554.286 95.213 14,806.699
201212 13,728.373 96.871 14,740.239
201312 17,637.912 98.326 18,657.735
201412 19,752.400 99.070 20,737.611
201512 20,479.048 99.792 21,344.795
201612 14,501.351 101.863 14,807.201
201712 9,208.678 104.011 9,208.678

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.


Seadrill Old  (OSL:SDRL) 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.


Seadrill Old Cyclically Adjusted PS Ratio Related Terms

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Seadrill Old (OSL:SDRL) Business Description

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Seadrill is one of the world's largest deep-water drillers. John Fredriksen founded the latest incarnation of the company in 2005; he previously built Frontline into one of the largest oil tanker firms in the world. Seadrill operates a variety of rigs around the world for national and international oil and gas companies.

Seadrill Old (OSL:SDRL) Headlines