Seplat Energy (NSA:SEPLAT) Cyclically Adjusted Revenue per Share: ₦2,730.58 (As of Mar. 2026)

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NSA:SEPLAT Seplat Energy PLC NSA:SEPLAT
73 GF Score
Price ₦11,363.90
GF Value ₦9,940.08
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Seplat Energy Cyclically Adjusted Revenue per Share?

Seplat Energy NSA:SEPLAT 73 Cyclically Adjusted Revenue per Share is ₦2,730.58 as of Mar. 2026. GuruFocus rates NSA:SEPLAT with a GF Score™ of 73/100 and a GF Value™ of ₦9,940.08 (Modestly Overvalued). The stock has 9 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.

Seplat Energy's adjusted revenue per share for the three months ended in Mar. 2026 was ₦1,903.635. 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 ₦2,730.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Seplat Energy's average Cyclically Adjusted Revenue Growth Rate was 29.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% 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 Seplat Energy was 11.70% per year. The lowest was 11.70% per year. And the median was 11.70% per year.

As of today (2026-07-31), Seplat Energy's current stock price is ₦11363.90. Seplat Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₦2,730.58. Seplat Energy's Cyclically Adjusted PS Ratio of today is 4.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Seplat Energy was 4.20. The lowest was 0.59. And the median was 2.25.


Seplat Energy  (NSA:SEPLAT) 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.

Seplat Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11363.90/2730.58
=4.16

* 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 Seplat Energy was 4.20. The lowest was 0.59. And the median was 2.25.


Be Aware

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


Seplat Energy Cyclically Adjusted Revenue per Share Related Terms


Seplat Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Seplat Energy'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.

Seplat Energy Cyclically Adjusted Revenue per Share Chart

Seplat Energy 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 0.00 1,807.40 1,870.05 1,943.34 2,519.50

Seplat Energy 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 2,113.13 2,310.47 2,448.44 2,519.50 2,730.58

NSA:SEPLAT vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas E&P subindustry, Seplat Energy'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.


Seplat Energy Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


NSA:SEPLAT
73GF Score
Seplat Energy PLC NSA:SEPLAT
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seplat Energy 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, Seplat Energy'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)
=1903.635/330.2130*330.2130
=1,903.635

Current CPI (Mar. 2026) = 330.2130.

Seplat Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 168.006 241.018 230.181
201609 143.745 241.428 196.607
201612 98.616 241.432 134.880
201703 113.347 243.801 153.521
201706 201.985 244.955 272.287
201709 349.794 246.819 467.981
201712 408.775 246.524 547.544
201803 433.614 249.554 573.764
201806 384.708 251.989 504.131
201809 528.968 252.439 691.938
201812 423.731 251.233 556.939
201903 379.657 254.202 493.181
201906 453.511 256.143 584.655
201909 322.552 256.759 414.828
201912 483.042 256.974 620.712
202003 301.240 258.115 385.384
202006 238.036 257.797 304.901
202009 356.027 260.280 451.686
202012 329.401 260.474 417.594
202103 351.922 264.877 438.729
202106 360.868 271.696 438.591
202109 349.932 274.310 421.246
202112 641.423 278.802 759.701
202203 559.804 287.504 642.963
202206 660.167 296.311 735.699
202209 211.971 296.808 235.828
202212 752.251 296.797 836.946
202303 764.075 301.836 835.909
202306 498.693 305.109 539.725
202309 607.939 307.789 652.230
202312 579.205 306.746 623.516
202403 415.110 312.332 438.875
202406 707.395 314.175 743.506
202409 677.992 315.301 710.057
202412 925.303 315.605 968.131
202503 1,868.172 319.799 1,929.008
202506 2,168.131 322.561 2,219.565
202509 1,790.313 324.800 1,820.150
202512 1,243.580 324.054 1,267.216
202603 1,903.635 330.213 1,903.635

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 ₦2,730.58 mean?
Seplat Energy (NSA:SEPLAT) has a Cyclically Adjusted Revenue per Share of ₦2,730.58 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 Seplat Energy and its competitors.
Is Seplat Energy's Cyclically Adjusted Revenue per Share too high?
Seplat Energy's current Cyclically Adjusted Revenue per Share is ₦2,730.58. Overall, Seplat Energy has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seplat Energy's Cyclically Adjusted Revenue per Share compare to COP and EOG?
Seplat Energy's Cyclically Adjusted Revenue per Share of ₦2,730.58 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 Seplat Energy and its competitors. Seplat Energy's current Cyclically Adjusted Revenue per Share is ₦2,730.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seplat Energy stock overvalued right now?
Based on GuruFocus' analysis, Seplat Energy (NSA:SEPLAT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦9,940.08, compared to a current price of ₦11,363.90 — trading 14.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₦2,730.58. Seplat Energy's overall GF Score™ is 73/100 with 9 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 Seplat Energy (NSA:SEPLAT), the current Cyclically Adjusted Revenue per Share is ₦2,730.58 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 Seplat Energy (NSA:SEPLAT) Overvalued in 2026?

Based on GuruFocus' analysis, Seplat Energy stock appears to be overvalued. The current stock price of ₦11,363.90 is trading 14.3% above its estimated GF Value™ of ₦9,940.08. GuruFocus considers Seplat Energy to be Modestly Overvalued.

Key valuation signals for NSA:SEPLAT:

  • Cyclically Adjusted Revenue per Share: ₦2,730.58
  • GF Value™: ₦9,940.08 vs. price of ₦11,363.90 (14.3% above fair value)
  • GF Score™: 73/100 with 9 warning signs

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


Seplat Energy Business Description

Industry EnergyOil & Gas
Address 1, Lekki-Epe Expressway, Victoria Island, Seplat House, Lagos, NGA
Seplat Energy PLC is a Nigerian independent upstream oil and gas company that focuses on production and development opportunities in Nigeria. The company has two reportable segments, namely Oil and Gas. Geographically, it derives a key revenue from India, Spain, the Netherlands, and the USA. The company's exploration assets include OMLs 4, 38, and 41, which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.
73GF Score

Get the complete analysis for NSA:SEPLAT

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

₦11,363.90
Price
₦9,940.08
GF Value