SLB (BSP:SLBG34) Cyclically Adjusted Revenue per Share: R$66.99 (As of Jun. 2026)

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BSP:SLBG34 SLB Ltd BSP:SLBG34
73 GF Score
Price R$129.35
GF Value R$117.79
Valuation Fairly Valued
! 3 Warning Signs
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What is SLB Cyclically Adjusted Revenue per Share?

SLB BSP:SLBG34 -0.41% 73 Cyclically Adjusted Revenue per Share is R$66.99 as of Jun. 2026. GuruFocus rates BSP:SLBG34 with a GF Score™ of 73/100 and a GF Value™ of R$117.79 (Fairly Valued). The stock has 3 warning signs investors should review.

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.

SLB's adjusted revenue per share for the three months ended in Jun. 2026 was R$15.263. 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 R$66.99 for the trailing ten years ended in Jun. 2026.

During the past 12 months, SLB's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% 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 SLB was 13.00% per year. The lowest was -4.10% per year. And the median was 4.60% per year.

As of today (2026-08-06), SLB's current stock price is R$129.35. SLB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$66.99. SLB's Cyclically Adjusted PS Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SLB was 3.15. The lowest was 0.47. And the median was 1.59.


SLB  (BSP:SLBG34) 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.

SLB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=129.35/66.99
=1.93

* 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 SLB was 3.15. The lowest was 0.47. And the median was 1.59.


Be Aware

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


SLB Cyclically Adjusted Revenue per Share Related Terms


SLB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for SLB'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.

SLB Cyclically Adjusted Revenue per Share Chart

SLB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.50 73.18 67.73 78.94 70.14

SLB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 70.64 67.90 70.14 67.87 66.99

BSP:SLBG34 vs BKR, FTI, HAL: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Equipment & Services subindustry, SLB'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.


SLB Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


BSP:SLBG34
73GF Score
SLB Ltd BSP:SLBG34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SLB 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, SLB's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.263/333.9520*333.9520
=15.263

Current CPI (Jun. 2026) = 333.9520.

SLB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.149 241.428 11.272
201612 8.556 241.432 11.835
201703 7.689 243.801 10.532
201706 8.865 244.955 12.086
201709 8.895 246.819 12.035
201712 9.708 246.524 13.151
201803 9.208 249.554 12.322
201806 11.247 251.989 14.905
201809 12.550 252.439 16.602
201812 11.401 251.233 15.155
201903 10.831 254.202 14.229
201906 11.428 256.143 14.900
201909 12.702 256.759 16.521
201912 12.192 256.974 15.844
202003 13.131 258.115 16.989
202006 10.010 257.797 12.967
202009 10.206 260.280 13.095
202012 10.216 260.474 13.098
202103 10.371 264.877 13.076
202106 9.969 271.696 12.253
202109 10.838 274.310 13.194
202112 12.206 278.802 14.620
202203 10.345 287.504 12.016
202206 11.904 296.311 13.416
202209 13.623 296.808 15.328
202212 14.348 296.797 16.144
202303 13.933 301.836 15.416
202306 13.630 305.109 14.918
202309 14.230 307.789 15.440
202312 15.231 306.746 16.582
202403 14.982 312.332 16.019
202406 17.056 314.175 18.130
202409 17.710 315.301 18.758
202412 19.930 315.605 21.089
202503 17.712 319.799 18.496
202506 17.348 322.561 17.961
202509 16.089 324.800 16.542
202512 17.651 324.054 18.190
202603 15.052 330.213 15.222
202606 15.263 333.952 15.263

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

What does a Cyclically Adjusted Revenue per Share of R$66.99 mean?
SLB (BSP:SLBG34) has a Cyclically Adjusted Revenue per Share of R$66.99 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on SLB and its competitors.
Is SLB's Cyclically Adjusted Revenue per Share too high?
SLB's current Cyclically Adjusted Revenue per Share is R$66.99. Overall, SLB has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SLB's Cyclically Adjusted Revenue per Share compare to BKR and FTI?
SLB's Cyclically Adjusted Revenue per Share of R$66.99 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on SLB and its competitors. SLB's current Cyclically Adjusted Revenue per Share is R$66.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SLB stock overvalued right now?
Based on GuruFocus' analysis, SLB (BSP:SLBG34) is currently considered Fairly Valued. The stock's GF Value™ is R$117.79, compared to a current price of R$129.35 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$66.99. SLB's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For SLB (BSP:SLBG34), the current Cyclically Adjusted Revenue per Share is R$66.99 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SLB (BSP:SLBG34) Overvalued in 2026?

Based on GuruFocus' analysis, SLB stock appears to be overvalued. The current stock price of R$129.35 is trading 9.8% above its estimated GF Value™ of R$117.79. GuruFocus considers SLB to be Fairly Valued.

Key valuation signals for BSP:SLBG34:

  • Cyclically Adjusted Revenue per Share: R$66.99
  • GF Value™: R$117.79 vs. price of R$129.35 (9.8% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the BSP:SLBG34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SLB Business Description

Industry EnergyOil & Gas
Address 5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB is the world's premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies in which it operates. Also known as Schlumberger, the company was founded in 1926 by Conrad and Marcel Schlumberger. Today, it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: core, digital, and new energy businesses. Over three-fourths of its revenue base is tied to international markets, while the company boasts nearly $3 billion in digital-related revenue.
73GF Score

Get the complete analysis for BSP:SLBG34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$129.35
Price
R$117.79
GF Value