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Callon Petroleum Co (STU:CE51) Cyclically Adjusted PS Ratio : 1.03 (As of May. 17, 2024)


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What is Callon Petroleum Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Callon Petroleum Co's current share price is €32.90. Callon Petroleum Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €32.07. Callon Petroleum Co's Cyclically Adjusted PS Ratio for today is 1.03.

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

STU:CE51' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.46   Max: 4.05
Current: 1.03

During the past years, Callon Petroleum Co's highest Cyclically Adjusted PS Ratio was 4.05. The lowest was 0.16. And the median was 1.46.

STU:CE51's Cyclically Adjusted PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.88 vs STU:CE51: 1.03

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.

Callon Petroleum Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €8.187. 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 €32.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Callon Petroleum Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Callon Petroleum Co'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.

Callon Petroleum Co Cyclically Adjusted PS Ratio Chart

Callon Petroleum Co 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 1.70 0.47 1.58 1.11 0.93

Callon Petroleum Co 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 1.11 0.98 1.01 1.12 0.93

Competitive Comparison of Callon Petroleum Co's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Callon Petroleum Co'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.


Callon Petroleum Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Callon Petroleum Co 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.

Callon Petroleum Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.90/32.07
=1.03

* 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.

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

For example, Callon Petroleum Co'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)
=8.187/129.4194*129.4194
=8.187

Current CPI (Dec. 2023) = 129.4194.

Callon Petroleum Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.967 99.695 7.746
201406 7.164 100.560 9.220
201409 6.961 100.428 8.971
201412 5.533 99.070 7.228
201503 4.885 99.621 6.346
201506 5.295 100.684 6.806
201509 4.613 100.392 5.947
201512 4.218 99.792 5.470
201603 3.298 100.470 4.248
201606 3.399 101.688 4.326
201609 3.625 101.861 4.606
201612 3.939 101.863 5.005
201703 3.771 102.862 4.745
201706 3.627 103.349 4.542
201709 3.509 104.136 4.361
201712 4.935 104.011 6.141
201803 5.102 105.290 6.271
201806 5.549 106.317 6.755
201809 6.056 106.507 7.359
201812 6.223 105.998 7.598
201903 5.946 107.251 7.175
201906 6.473 108.070 7.752
201909 6.175 108.329 7.377
201912 7.106 108.420 8.482
202003 6.612 108.902 7.858
202006 3.516 108.767 4.184
202009 6.195 109.815 7.301
202012 6.096 109.897 7.179
202103 7.098 111.754 8.220
202106 7.900 114.631 8.919
202109 9.973 115.734 11.152
202112 10.229 117.630 11.254
202203 11.477 121.301 12.245
202206 13.961 125.017 14.453
202209 13.645 125.227 14.102
202212 10.751 125.222 11.111
202303 8.454 127.348 8.592
202306 8.390 128.729 8.435
202309 8.523 129.860 8.494
202312 8.187 129.419 8.187

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.


Callon Petroleum Co  (STU:CE51) 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.


Callon Petroleum Co Cyclically Adjusted PS Ratio Related Terms

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


Callon Petroleum Co (STU:CE51) Business Description

Industry
Traded in Other Exchanges
Address
2000 W. Sam Houston Parkway South, Suite 2000, One Briarlake Plaza, Houston, TX, USA, 77042
Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas. Activities are primarily conducted in the Permian Basin region of West Texas and southeastern New Mexico. Callon relies heavily on the latest horizontal production techniques to extract hydrocarbon products from its assets, with crude oil accounting for over half of production. Historically, a handful of marketing and trading companies have accounted for the majority of the sales for Callon's oil and gas production. Assets are acquired through the drilling of emerging zones on existing acreage but also by acquiring additional locations through leasehold purchases, leasing programs, joint ventures, and asset swaps.

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