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Valaris (STU:E65F) Cyclically Adjusted PS Ratio : (As of May. 10, 2024)


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What is Valaris Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valaris Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Valaris'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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Valaris Cyclically Adjusted PS Ratio Chart

Valaris Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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Valaris Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Valaris's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Valaris'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.


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

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

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



Valaris 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.

Valaris's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Valaris's adjusted Revenue per Share data for the three months ended in Mar. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=1.294/109.7000*109.7000
=1.294

Current CPI (Mar. 2021) = 109.7000.

Valaris Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 9.202 93.500 10.796
201109 11.647 94.500 13.520
201112 12.685 95.000 14.648
201203 13.483 95.400 15.504
201206 14.885 95.600 17.080
201209 15.169 96.400 17.262
201212 5.606 97.300 6.320
201303 15.398 97.800 17.272
201306 14.836 98.000 16.607
201309 15.034 98.700 16.710
201312 12.500 99.200 13.823
201403 13.331 99.300 14.727
201406 14.454 99.800 15.888
201409 16.074 100.000 17.633
201412 16.224 99.900 17.816
201503 18.550 99.600 20.431
201506 16.254 100.100 17.813
201509 15.516 100.200 16.987
201512 13.099 100.400 14.312
201603 12.576 100.400 13.741
201606 11.378 101.000 12.358
201609 6.543 101.500 7.072
201612 6.370 102.200 6.837
201703 5.861 102.700 6.260
201706 5.413 103.500 5.737
201709 5.128 104.300 5.393
201712 3.596 105.000 3.757
201803 3.120 105.100 3.257
201806 3.617 105.900 3.747
201809 3.400 106.600 3.499
201812 3.232 107.100 3.310
201903 3.305 107.000 3.388
201906 2.740 107.900 2.786
201909 2.533 108.400 2.563
201912 2.328 108.500 2.354
202003 2.088 108.600 2.109
202006 1.738 108.800 1.752
202009 1.215 109.200 1.221
202012 1.223 109.400 1.226
202103 1.294 109.700 1.294

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.


Valaris  (STU:E65F) 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.


Valaris Cyclically Adjusted PS Ratio Related Terms

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


Valaris (STU:E65F) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valaris PLC (STU:E65F) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
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Address
78 Cannon Street, Cannon Place, London, GBR, EC4N 6AF
Valaris PLC owns one of the newest jackup and deep-water fleets in the contract drilling industry, which drills for oil and natural gas globally. The firm is based in London, but its rigs drill around the world for national and international oil companies, as well as independents.

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