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Exxon Mobil (WBO:XOM) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Exxon Mobil Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Cyclically Adjusted PS Ratio Chart

Exxon Mobil 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 0.86 0.53 0.79 1.39 1.28

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.37 1.35 1.48 1.28 -

Competitive Comparison of Exxon Mobil's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


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

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

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



Exxon Mobil 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.

Exxon Mobil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Exxon Mobil's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.504/129.4194*129.4194
=18.504

Current CPI (Mar. 2024) = 129.4194.

Exxon Mobil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.108 100.560 23.305
201409 18.769 100.428 24.187
201412 16.053 99.070 20.971
201503 14.210 99.621 18.460
201506 15.139 100.684 19.460
201509 13.967 100.392 18.006
201512 8.356 99.792 10.837
201603 10.125 100.470 13.042
201606 12.006 101.688 15.280
201609 12.106 101.861 15.381
201612 9.175 101.863 11.657
201703 12.504 102.862 15.732
201706 11.675 103.349 14.620
201709 11.659 104.136 14.490
201712 12.918 104.011 16.074
201803 12.428 105.290 15.276
201806 14.321 106.317 17.433
201809 14.886 106.507 18.088
201812 14.060 105.998 17.167
201903 12.777 107.251 15.418
201906 13.985 108.070 16.748
201909 13.483 108.329 16.108
201912 13.284 108.420 15.857
202003 11.685 108.902 13.887
202006 6.711 108.767 7.985
202009 9.030 109.815 10.642
202012 8.797 109.897 10.360
202103 11.316 111.754 13.105
202106 12.930 114.631 14.598
202109 14.291 115.734 15.981
202112 16.832 117.630 18.519
202203 18.674 121.301 19.924
202206 24.866 125.017 25.742
202209 25.705 125.227 26.566
202212 21.248 125.222 21.960
202303 19.045 127.348 19.355
202306 18.341 128.729 18.439
202309 20.619 129.860 20.549
202312 18.652 129.419 18.652
202403 18.504 129.419 18.504

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.


Exxon Mobil  (WBO:XOM) 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.


Exxon Mobil Cyclically Adjusted PS Ratio Related Terms

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


Exxon Mobil (WBO:XOM) Business Description

Industry
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Exxon Mobil (WBO:XOM) Headlines

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