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Petroleo Brasileiro Petrobras (LTS:0KHP) Cyclically Adjusted Revenue per Share : $14.70 (As of Mar. 2024)


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What is Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras's adjusted revenue per share for the three months ended in Mar. 2024 was $3.679. 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 $14.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Petroleo Brasileiro Petrobras's average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% 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 Petroleo Brasileiro Petrobras was 7.30% per year. The lowest was -3.70% per year. And the median was 3.20% per year.

As of today (2024-05-21), Petroleo Brasileiro Petrobras's current stock price is $15.095. Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $14.70. Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Petroleo Brasileiro Petrobras was 1.21. The lowest was 0.19. And the median was 0.74.


Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.27 11.73 13.46 15.02

Petroleo Brasileiro Petrobras Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.26 15.18 14.40 15.02 14.70

Competitive Comparison of Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.


Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Petroleo Brasileiro Petrobras 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, Petroleo Brasileiro Petrobras'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)
=3.679/159.3724*159.3724
=3.679

Current CPI (Mar. 2024) = 159.3724.

Petroleo Brasileiro Petrobras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.972 91.838 10.364
201409 6.143 92.602 10.572
201412 5.122 94.194 8.666
201503 3.981 97.799 6.487
201506 3.990 100.006 6.359
201509 3.929 101.392 6.176
201512 3.396 104.247 5.192
201603 2.758 106.979 4.109
201606 3.115 108.851 4.561
201609 3.306 109.986 4.790
201612 3.282 110.802 4.721
201703 3.333 111.869 4.748
201706 3.193 112.115 4.539
201709 3.480 112.777 4.918
201712 1.936 114.068 2.705
201803 3.520 114.868 4.884
201806 3.182 117.038 4.333
201809 3.457 117.881 4.674
201812 3.333 118.340 4.489
201903 2.883 120.124 3.825
201906 2.837 120.977 3.737
201909 2.977 121.292 3.912
201912 3.046 123.436 3.933
202003 2.628 124.092 3.375
202006 1.454 123.557 1.875
202009 2.016 125.095 2.568
202012 2.133 129.012 2.635
202103 2.407 131.660 2.914
202106 3.217 133.871 3.830
202109 3.566 137.913 4.121
202112 3.685 141.992 4.136
202203 4.169 146.537 4.534
202206 5.321 149.784 5.662
202209 4.969 147.800 5.358
202212 4.626 150.207 4.908
202303 4.105 153.352 4.266
202306 3.523 154.519 3.634
202309 3.921 155.464 4.020
202312 4.190 157.148 4.249
202403 3.679 159.372 3.679

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


Petroleo Brasileiro Petrobras  (LTS:0KHP) 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.

Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.095/14.7
=1.03

* 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 Petroleo Brasileiro Petrobras was 1.21. The lowest was 0.19. And the median was 0.74.


Be Aware

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


Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Related Terms

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Petroleo Brasileiro Petrobras (LTS:0KHP) Business Description

Industry
Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.

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