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Veren (VRN) Cyclically Adjusted Revenue per Share : $5.39 (As of Mar. 2024)


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What is Veren 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.

Veren's adjusted revenue per share for the three months ended in Mar. 2024 was $1.354. 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 $5.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Veren's average Cyclically Adjusted Revenue Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% 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 Veren was 2.90% per year. The lowest was -3.10% per year. And the median was -1.10% per year.

As of today (2024-05-17), Veren's current stock price is $8.675. Veren's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.39. Veren's Cyclically Adjusted PS Ratio of today is 1.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Veren was 5.80. The lowest was 0.12. And the median was 1.26.


Veren Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Veren'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.

Veren Cyclically Adjusted Revenue per Share Chart

Veren 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 5.94 5.75 5.85 5.63 5.56

Veren 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 5.61 5.71 5.53 5.56 5.39

Competitive Comparison of Veren's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Veren'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.


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

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

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



Veren 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, Veren'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)
=1.354/126.2576*126.2576
=1.354

Current CPI (Mar. 2024) = 126.2576.

Veren Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.585 99.473 3.281
201409 2.346 99.394 2.980
201412 1.804 98.367 2.315
201503 1.083 99.789 1.370
201506 1.374 100.500 1.726
201509 1.098 100.421 1.380
201512 0.982 99.947 1.241
201603 0.759 101.054 0.948
201606 0.989 102.002 1.224
201609 0.964 101.765 1.196
201612 1.036 101.449 1.289
201703 1.120 102.634 1.378
201706 1.128 103.029 1.382
201709 1.147 103.345 1.401
201712 1.327 103.345 1.621
201803 1.339 105.004 1.610
201806 1.507 105.557 1.803
201809 1.507 105.636 1.801
201812 1.077 105.399 1.290
201903 1.223 106.979 1.443
201906 1.309 107.690 1.535
201909 1.072 107.611 1.258
201912 1.030 107.769 1.207
202003 0.759 107.927 0.888
202006 0.363 108.401 0.423
202009 0.620 108.164 0.724
202012 0.660 108.559 0.768
202103 0.939 110.298 1.075
202106 1.194 111.720 1.349
202109 1.128 112.905 1.261
202112 1.206 113.774 1.338
202203 1.525 117.646 1.637
202206 1.768 120.806 1.848
202209 1.261 120.648 1.320
202212 1.174 120.964 1.225
202303 1.034 122.702 1.064
202306 1.333 124.203 1.355
202309 1.388 125.230 1.399
202312 1.290 125.072 1.302
202403 1.354 126.258 1.354

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


Veren  (NYSE:VRN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.675/5.39
=1.61

* 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 Veren was 5.80. The lowest was 0.12. And the median was 1.26.


Be Aware

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


Veren Cyclically Adjusted Revenue per Share Related Terms

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


Veren (VRN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Veren Inc (NYSE:VRN) » Definitions » Cyclically Adjusted Revenue per Share
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Address
585 - 8th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 1G1
Crescent Point Energy Corp is an independent exploration and production company. It is engaged in acquiring, developing, and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly-owned subsidiaries. The company generates maximum revenue from Oil and gas sales.