Ecopetrol (MEX:EC N) Cyclically Adjusted Revenue per Share: MXN247.82 (As of Mar. 2026)


MEX:EC N Ecopetrol SA MEX:EC N
69 GF Score
Price MXN280.47
GF Value MXN195.77
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ecopetrol Cyclically Adjusted Revenue per Share?

Ecopetrol MEX:EC N 69 Cyclically Adjusted Revenue per Share is MXN247.82 as of Mar. 2026. GuruFocus rates MEX:EC N with a GF Score™ of 69/100 and a GF Value™ of MXN195.77 (Significantly Overvalued). The stock has 4 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.

Ecopetrol's adjusted revenue per share for the three months ended in Mar. 2026 was MXN68.318. 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 MXN247.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ecopetrol's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.20% 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 Ecopetrol was 11.40% per year. The lowest was 5.20% per year. And the median was 8.45% per year.

As of today (2026-07-09), Ecopetrol's current stock price is MXN280.47. Ecopetrol's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN247.82. Ecopetrol's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ecopetrol was 2.78. The lowest was 0.67. And the median was 1.23.


Ecopetrol  (MEX:EC N) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=280.47/247.82
=1.13

* 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 Ecopetrol was 2.78. The lowest was 0.67. And the median was 1.23.


Be Aware

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


Ecopetrol Cyclically Adjusted Revenue per Share Related Terms


Ecopetrol Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ecopetrol'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.

Ecopetrol Cyclically Adjusted Revenue per Share Chart

Ecopetrol 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 164.51 286.71 177.52 230.41 230.98

Ecopetrol 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 250.53 248.35 227.32 230.98 247.82

MEX:EC N vs XOM, CVX: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


Ecopetrol Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MEX:EC N
69GF Score
Ecopetrol SA MEX:EC N
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecopetrol 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, Ecopetrol'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)
=68.318/330.2130*330.2130
=68.318

Current CPI (Mar. 2026) = 330.2130.

Ecopetrol Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 33.968 241.018 46.539
201609 39.307 241.428 53.762
201612 45.909 241.432 62.791
201703 42.450 243.801 57.496
201706 37.981 244.955 51.201
201709 39.982 246.819 53.491
201712 51.048 246.524 68.378
201803 44.978 249.554 59.515
201806 56.209 251.989 73.658
201809 53.408 252.439 69.862
201812 56.445 251.233 74.190
201903 48.852 254.202 63.460
201906 50.703 256.143 65.365
201909 50.998 256.759 65.588
201912 50.228 256.974 64.543
202003 48.624 258.115 62.206
202006 25.438 257.797 32.584
202009 35.839 260.280 45.468
202012 39.061 260.474 49.519
202103 47.171 264.877 58.806
202106 51.247 271.696 62.284
202109 62.155 274.310 74.822
202112 80.500 278.802 95.344
202203 80.109 287.504 92.009
202206 113.856 296.311 126.883
202209 95.876 296.808 106.667
202212 78.963 296.797 87.853
202303 70.475 301.836 77.101
202306 64.505 305.109 69.812
202309 73.406 307.789 78.754
202312 71.953 306.746 77.458
202403 64.369 312.332 68.054
202406 75.439 314.175 79.290
202409 79.367 315.301 83.121
202412 79.608 315.605 83.293
202503 75.651 319.799 78.115
202506 67.337 322.561 68.934
202509 67.941 324.800 69.073
202512 67.480 324.054 68.763
202603 68.318 330.213 68.318

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 MXN247.82 mean?
Ecopetrol (MEX:EC N) has a Cyclically Adjusted Revenue per Share of MXN247.82 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 Ecopetrol and its competitors.
Is Ecopetrol's Cyclically Adjusted Revenue per Share too high?
Ecopetrol's current Cyclically Adjusted Revenue per Share is MXN247.82. Overall, Ecopetrol has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecopetrol's Cyclically Adjusted Revenue per Share compare to XOM and CVX?
Ecopetrol's Cyclically Adjusted Revenue per Share of MXN247.82 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 Ecopetrol and its competitors. Ecopetrol's current Cyclically Adjusted Revenue per Share is MXN247.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecopetrol stock overvalued right now?
Based on GuruFocus' analysis, Ecopetrol (MEX:EC N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN195.77, compared to a current price of MXN280.47 — trading 43.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN247.82. Ecopetrol's overall GF Score™ is 69/100 with 4 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 Ecopetrol (MEX:EC N), the current Cyclically Adjusted Revenue per Share is MXN247.82 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 Ecopetrol (MEX:EC N) Overvalued in 2026?

Based on GuruFocus' analysis, Ecopetrol stock appears to be overvalued. The current stock price of MXN280.47 is trading 43.3% above its estimated GF Value™ of MXN195.77. GuruFocus considers Ecopetrol to be Significantly Overvalued.

Key valuation signals for MEX:EC N:

  • Cyclically Adjusted Revenue per Share: MXN247.82
  • GF Value™: MXN195.77 vs. price of MXN280.47 (43.3% above fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Ecopetrol Business Description

Industry EnergyOil & Gas
Address Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Exploration and Production segment.
69GF Score

Get the complete analysis for MEX:EC N

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

MXN280.47
Price
MXN195.77
GF Value