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Range Resources (LTS:0KTW) Cyclically Adjusted Revenue per Share : $13.44 (As of Mar. 2024)


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What is Range Resources 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.

Range Resources's adjusted revenue per share for the three months ended in Mar. 2024 was $2.470. 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 $13.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Range Resources's average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Range Resources was 12.60% per year. The lowest was 2.90% per year. And the median was 6.70% per year.

As of today (2024-05-26), Range Resources's current stock price is $35.89. Range Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.44. Range Resources's Cyclically Adjusted PS Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Range Resources was 12.48. The lowest was 0.22. And the median was 2.21.


Range Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Range Resources'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.

Range Resources Cyclically Adjusted Revenue per Share Chart

Range Resources 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 7.26 11.31 11.41 13.14 13.38

Range Resources 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 12.72 13.67 13.61 13.38 13.44

Competitive Comparison of Range Resources's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Range Resources'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.


Range Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Range Resources 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, Range Resources'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)
=2.47/131.7762*131.7762
=2.470

Current CPI (Mar. 2024) = 131.7762.

Range Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.117 100.560 4.085
201409 2.850 100.428 3.740
201412 2.738 99.070 3.642
201503 2.047 99.621 2.708
201506 1.679 100.684 2.197
201509 1.669 100.392 2.191
201512 1.707 99.792 2.254
201603 1.466 100.470 1.923
201606 1.583 101.688 2.051
201609 1.930 101.861 2.497
201612 2.057 101.863 2.661
201703 2.496 102.862 3.198
201706 2.290 103.349 2.920
201709 2.327 104.136 2.945
201712 2.659 104.011 3.369
201803 3.068 105.290 3.840
201806 3.089 106.317 3.829
201809 3.422 106.507 4.234
201812 3.941 105.998 4.899
201903 3.250 107.251 3.993
201906 2.641 108.070 3.220
201909 2.208 108.329 2.686
201912 2.365 108.420 2.874
202003 1.860 108.902 2.251
202006 1.599 108.767 1.937
202009 1.768 109.815 2.122
202012 2.137 109.897 2.562
202103 2.763 111.754 3.258
202106 2.821 114.631 3.243
202109 3.924 115.734 4.468
202112 4.671 117.630 5.233
202203 4.564 121.301 4.958
202206 5.892 125.017 6.211
202209 6.400 125.227 6.735
202212 4.917 125.222 5.174
202303 3.397 127.348 3.515
202306 2.129 128.729 2.179
202309 2.342 129.860 2.377
202312 2.792 129.419 2.843
202403 2.470 131.776 2.470

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


Range Resources  (LTS:0KTW) 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.

Range Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=35.89/13.44
=2.67

* 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 Range Resources was 12.48. The lowest was 0.22. And the median was 2.21.


Be Aware

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


Range Resources Cyclically Adjusted Revenue per Share Related Terms

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


Range Resources (LTS:0KTW) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (LTS:0KTW) » Definitions » Cyclically Adjusted Revenue per Share
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Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.

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