Transocean (FRA:TOJ) Cyclically Adjusted Revenue per Share: €4.68 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TOJ Transocean Ltd FRA:TOJ
56 GF Score
Price €4.57
GF Value €4.39
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Transocean Cyclically Adjusted Revenue per Share?

Transocean FRA:TOJ +4.93% 56 Cyclically Adjusted Revenue per Share is €4.68 as of Mar. 2026. GuruFocus rates FRA:TOJ with a GF Score™ of 56/100 and a GF Value™ of €4.39 (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.

Transocean's adjusted revenue per share for the three months ended in Mar. 2026 was €0.832. 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 €4.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Transocean's average Cyclically Adjusted Revenue Growth Rate was -22.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -21.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -18.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -13.80% 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 Transocean was 20.90% per year. The lowest was -21.60% per year. And the median was -5.15% per year.

As of today (2026-08-01), Transocean's current stock price is €4.572. Transocean's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.68. Transocean's Cyclically Adjusted PS Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Transocean was 1.28. The lowest was 0.04. And the median was 0.41.


Transocean  (FRA:TOJ) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.572/4.68
=0.98

* 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 Transocean was 1.28. The lowest was 0.04. And the median was 0.41.


Be Aware

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


Transocean Cyclically Adjusted Revenue per Share Related Terms


Transocean Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Transocean'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.

Transocean Cyclically Adjusted Revenue per Share Chart

Transocean 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 27.84 14.60 8.61 11.21 4.75

Transocean Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.45 5.57 5.27 4.75 4.68

FRA:TOJ vs VAL, NE, PTEN: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Drilling subindustry, Transocean'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.


Transocean Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


FRA:TOJ
56GF Score
Transocean Ltd FRA:TOJ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.832/108.0600*108.0600
=0.832

Current CPI (Mar. 2026) = 108.0600.

Transocean Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.292 100.088 2.475
201609 2.212 99.604 2.400
201612 2.475 99.380 2.691
201703 1.882 100.040 2.033
201706 1.709 100.285 1.841
201709 1.734 100.254 1.869
201712 1.359 100.213 1.465
201803 1.229 100.836 1.317
201806 1.464 101.435 1.560
201809 1.510 101.246 1.612
201812 1.289 100.906 1.380
201903 1.092 101.571 1.162
201906 1.096 102.044 1.161
201909 1.161 101.396 1.237
201912 1.165 101.063 1.246
202003 1.119 101.048 1.197
202006 1.343 100.743 1.441
202009 0.935 100.585 1.004
202012 0.922 100.241 0.994
202103 0.889 100.800 0.953
202106 0.877 101.352 0.935
202109 0.815 101.533 0.867
202112 0.835 101.776 0.887
202203 0.801 103.205 0.839
202206 0.946 104.783 0.976
202209 0.977 104.835 1.007
202212 0.788 104.666 0.814
202303 0.833 106.245 0.847
202306 0.884 106.576 0.896
202309 0.863 106.570 0.875
202312 0.842 106.461 0.855
202403 0.735 107.355 0.740
202406 0.971 107.991 0.972
202409 0.895 107.468 0.900
202412 0.952 107.128 0.960
202503 0.875 107.722 0.878
202506 0.965 108.075 0.965
202509 0.911 107.710 0.914
202512 0.805 107.200 0.811
202603 0.832 108.060 0.832

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 €4.68 mean?
Transocean (FRA:TOJ) has a Cyclically Adjusted Revenue per Share of €4.68 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Transocean and its competitors.
Is Transocean's Cyclically Adjusted Revenue per Share too high?
Transocean's current Cyclically Adjusted Revenue per Share is €4.68. Overall, Transocean has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transocean's Cyclically Adjusted Revenue per Share compare to VAL and NE?
Transocean's Cyclically Adjusted Revenue per Share of €4.68 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 Transocean and its competitors. Transocean's current Cyclically Adjusted Revenue per Share is €4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transocean stock overvalued right now?
Based on GuruFocus' analysis, Transocean (FRA:TOJ) is currently considered Fairly Valued. The stock's GF Value™ is €4.39, compared to a current price of €4.57 — trading 4.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.68. Transocean's overall GF Score™ is 56/100 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 Transocean (FRA:TOJ), the current Cyclically Adjusted Revenue per Share is €4.68 as of Mar. 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 Transocean (FRA:TOJ) Overvalued in 2026?

Based on GuruFocus' analysis, Transocean stock appears to be overvalued. The current stock price of €4.57 is trading 4.1% above its estimated GF Value™ of €4.39. GuruFocus considers Transocean to be Fairly Valued.

Key valuation signals for FRA:TOJ:

  • Cyclically Adjusted Revenue per Share: €4.68
  • GF Value™: €4.39 vs. price of €4.57 (4.1% above fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Transocean Business Description

Industry EnergyOil & Gas
Address Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The company provides mobile offshore drilling rigs, related equipment, and crews to support the drilling of oil and gas wells. Its fleet mainly consists of offshore rigs, including drillships, semisubmersibles, and jackups.
56GF Score

Get the complete analysis for FRA:TOJ

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

€4.57
Price
€4.39
GF Value