GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » Cyclically Adjusted Revenue per Share

NAT (Nordic American Tankers) Cyclically Adjusted Revenue per Share : $2.86 (As of Mar. 2025)


View and export this data going back to 1997. Start your Free Trial

What is Nordic American Tankers Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Nordic American Tankers's adjusted revenue per share for the three months ended in Mar. 2025 was $0.179. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $2.86 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Nordic American Tankers's average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nordic American Tankers was 4.30% per year. The lowest was -9.80% per year. And the median was -1.70% per year.

As of today (2025-07-24), Nordic American Tankers's current stock price is $2.77. Nordic American Tankers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $2.86. Nordic American Tankers's Cyclically Adjusted PS Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordic American Tankers was 3.27. The lowest was 0.43. And the median was 1.02.


Nordic American Tankers Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nordic American Tankers's Cyclically Adjusted Revenue per Share 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.

Nordic American Tankers Cyclically Adjusted Revenue per Share Chart

Nordic American Tankers Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 3.36 3.51 3.23 2.97

Nordic American Tankers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share 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 3.15 3.14 3.03 2.97 2.86

Competitive Comparison of Nordic American Tankers's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Nordic American Tankers'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.


Nordic American Tankers's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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


;
;

Nordic American Tankers Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nordic American Tankers's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.179/134.9266*134.9266
=0.179

Current CPI (Mar. 2025) = 134.9266.

Nordic American Tankers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.304 100.684 1.747
201509 1.142 100.392 1.535
201512 1.285 99.792 1.737
201603 1.195 100.470 1.605
201606 0.992 101.688 1.316
201609 0.802 101.861 1.062
201612 0.887 101.863 1.175
201703 0.927 102.862 1.216
201706 0.730 103.349 0.953
201709 0.545 104.136 0.706
201712 0.664 104.011 0.861
201803 0.469 105.290 0.601
201806 0.517 106.317 0.656
201809 0.442 106.507 0.560
201812 0.608 105.998 0.774
201903 0.622 107.251 0.783
201906 0.466 108.070 0.582
201909 0.474 108.329 0.590
201912 0.663 108.420 0.825
202003 0.898 108.902 1.113
202006 0.629 108.767 0.780
202009 0.248 109.815 0.305
202012 0.290 109.897 0.356
202103 0.124 111.754 0.150
202106 0.108 114.631 0.127
202109 0.057 115.734 0.066
202112 0.127 117.630 0.146
202203 0.078 121.301 0.087
202206 0.173 125.017 0.187
202209 0.229 125.227 0.247
202212 1.156 125.222 1.246
202303 0.417 127.348 0.442
202306 0.639 128.729 0.670
202309 0.230 129.860 0.239
202312 0.904 129.419 0.942
202403 0.290 131.776 0.297
202406 0.630 132.554 0.641
202409 0.249 133.029 0.253
202412 0.802 133.157 0.813
202503 0.179 134.927 0.179

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Nordic American Tankers  (NYSE:NAT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Nordic American Tankers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.77/2.86
=0.97

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordic American Tankers was 3.27. The lowest was 0.43. And the median was 1.02.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Nordic American Tankers Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Nordic American Tankers's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordic American Tankers Business Description

Industry
Traded in Other Exchanges
Address
26 Victoria Street, Swan Building, Hamilton, BMU, HM 12
Nordic American Tankers Ltd owns and operates double-hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters according to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.