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QEP Resources (STU:Q8Q) Cyclically Adjusted PS Ratio : (As of May. 27, 2024)


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What is QEP Resources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


QEP Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for QEP Resources'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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QEP Resources Cyclically Adjusted PS Ratio Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of QEP Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, QEP Resources'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.


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

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

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



QEP Resources 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.

QEP Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, QEP Resources's adjusted Revenue per Share data for the three months ended in Dec. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.678/109.8968*109.8968
=0.678

Current CPI (Dec. 2020) = 109.8968.

QEP Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 2.471 94.283 2.880
201106 3.140 95.235 3.623
201109 3.584 95.727 4.115
201112 3.641 95.213 4.202
201203 2.558 96.783 2.905
201206 2.239 96.819 2.541
201209 2.366 97.633 2.663
201212 1.817 96.871 2.061
201303 3.038 98.209 3.400
201306 3.171 98.518 3.537
201309 2.998 98.790 3.335
201312 2.518 98.326 2.814
201403 3.284 99.695 3.620
201406 3.626 100.560 3.963
201409 3.910 100.428 4.279
201412 3.071 99.070 3.407
201503 2.455 99.621 2.708
201506 2.897 100.684 3.162
201509 2.560 100.392 2.802
201512 2.430 99.792 2.676
201603 1.237 100.470 1.353
201606 1.364 101.688 1.474
201609 1.422 101.861 1.534
201612 1.581 101.863 1.706
201703 1.714 102.862 1.831
201706 1.419 103.349 1.509
201709 1.360 104.136 1.435
201712 1.505 104.011 1.590
201803 1.444 105.290 1.507
201806 1.923 106.317 1.988
201809 2.028 106.507 2.093
201812 1.524 105.998 1.580
201903 1.047 107.251 1.073
201906 1.101 108.070 1.120
201909 1.174 108.329 1.191
201912 1.219 108.420 1.236
202003 0.855 108.902 0.863
202006 0.442 108.767 0.447
202009 0.623 109.815 0.623
202012 0.678 109.897 0.678

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.


QEP Resources  (STU:Q8Q) 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.


QEP Resources Cyclically Adjusted PS Ratio Related Terms

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QEP Resources (STU:Q8Q) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1050 17th Street, Suite 800, Denver, CO, USA, 80265
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

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