Phillips 66 (LTS:0KHZ) Cyclically Adjusted Revenue per Share: $319.69 (As of Jun. 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.

LTS:0KHZ Phillips 66 LTS:0KHZ
68 GF Score
Price $241.29
GF Value $153.06
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Phillips 66 Cyclically Adjusted Revenue per Share?

Phillips 66 LTS:0KHZ +0.86% 68 Cyclically Adjusted Revenue per Share is $319.69 as of Jun. 2026. GuruFocus rates LTS:0KHZ with a GF Score™ of 68/100 and a GF Value™ of $153.06 (Significantly Overvalued). The stock has 8 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.

Phillips 66's adjusted revenue per share for the three months ended in Jun. 2026 was $126.681. 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 $319.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Phillips 66's average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 Phillips 66 was 3.50% per year. The lowest was 3.00% per year. And the median was 3.30% per year.

As of today (2026-08-19), Phillips 66's current stock price is $241.29. Phillips 66's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $319.69. Phillips 66's Cyclically Adjusted PS Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Phillips 66 was 0.77. The lowest was 0.18. And the median was 0.39.


Phillips 66  (LTS:0KHZ) 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.

Phillips 66's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=241.29/319.69
=0.75

* 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 Phillips 66 was 0.77. The lowest was 0.18. And the median was 0.39.


Be Aware

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


Phillips 66 Cyclically Adjusted Revenue per Share Related Terms


Phillips 66 Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Phillips 66'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.

Phillips 66 Cyclically Adjusted Revenue per Share Chart

Phillips 66 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 255.91 272.63 278.09 281.63 296.90

Phillips 66 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 290.98 293.69 296.90 303.00 319.69

LTS:0KHZ vs VLO, MPC, DINO: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Phillips 66'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.


Phillips 66 Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Phillips 66's Cyclically Adjusted PS Ratio falls into.


LTS:0KHZ
68GF Score
Phillips 66 LTS:0KHZ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phillips 66 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, Phillips 66'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)
=126.681/333.9520*333.9520
=126.681

Current CPI (Jun. 2026) = 333.9520.

Phillips 66 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 40.893 241.428 56.565
201612 44.539 241.432 61.607
201703 43.648 243.801 59.788
201706 46.307 244.955 63.131
201709 49.669 246.819 67.203
201712 58.043 246.524 78.628
201803 48.186 249.554 64.482
201806 61.445 251.989 81.431
201809 63.454 252.439 83.943
201812 62.640 251.233 83.264
201903 50.302 254.202 66.083
201906 61.124 256.143 79.692
201909 60.350 256.759 78.494
201912 64.993 256.974 84.462
202003 47.305 258.115 61.204
202006 24.873 257.797 32.221
202009 36.292 260.280 46.564
202012 37.369 260.474 47.911
202103 49.208 264.877 62.041
202106 61.313 271.696 75.362
202109 68.677 274.310 83.609
202112 73.986 278.802 88.621
202203 80.396 287.504 93.384
202206 100.152 296.311 112.875
202209 93.068 296.808 104.715
202212 84.875 296.797 95.500
202303 73.648 301.836 81.484
202306 76.923 305.109 84.195
202309 88.636 307.789 96.170
202312 86.736 306.746 94.429
202403 82.914 312.332 88.653
202406 89.561 314.175 95.199
202409 84.832 315.301 89.850
202412 81.834 315.605 86.591
202503 74.128 319.799 77.409
202506 81.688 322.561 84.573
202509 85.107 324.800 87.505
202512 83.484 324.054 86.034
202603 80.690 330.213 81.604
202606 126.681 333.952 126.681

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 $319.69 mean?
Phillips 66 (LTS:0KHZ) has a Cyclically Adjusted Revenue per Share of $319.69 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 Phillips 66 and its competitors.
Is Phillips 66's Cyclically Adjusted Revenue per Share too high?
Phillips 66's current Cyclically Adjusted Revenue per Share is $319.69. Overall, Phillips 66 has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's Cyclically Adjusted Revenue per Share compare to VLO and MPC?
Phillips 66's Cyclically Adjusted Revenue per Share of $319.69 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 Phillips 66 and its competitors. Phillips 66's current Cyclically Adjusted Revenue per Share is $319.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phillips 66 stock overvalued right now?
Based on GuruFocus' analysis, Phillips 66 (LTS:0KHZ) is currently considered Significantly Overvalued. The stock's GF Value™ is $153.06, compared to a current price of $241.29 — trading 57.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $319.69. Phillips 66's overall GF Score™ is 68/100 with 8 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 Phillips 66 (LTS:0KHZ), the current Cyclically Adjusted Revenue per Share is $319.69 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 Phillips 66 (LTS:0KHZ) Overvalued in 2026?

Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued. The current stock price of $241.29 is trading 57.6% above its estimated GF Value™ of $153.06. GuruFocus considers Phillips 66 to be Significantly Overvalued.

Key valuation signals for LTS:0KHZ:

  • Cyclically Adjusted Revenue per Share: $319.69
  • GF Value™: $153.06 vs. price of $241.29 (57.6% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the LTS:0KHZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phillips 66 Business Description

Industry EnergyOil & Gas
Address 2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
68GF Score

Get the complete analysis for LTS:0KHZ

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

$241.29
Price
$153.06
GF Value