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Comstock Resources (STU:CX91) Cyclically Adjusted Revenue per Share : €18.16 (As of Mar. 2024)


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What is Comstock 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.

Comstock Resources's adjusted revenue per share for the three months ended in Mar. 2024 was €1.111. 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 €18.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Comstock Resources's average Cyclically Adjusted Revenue Growth Rate was -22.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.80% 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 Comstock Resources was 16.40% per year. The lowest was -12.80% per year. And the median was 5.75% per year.

As of today (2024-05-26), Comstock Resources's current stock price is €9.904. Comstock Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €18.16. Comstock Resources's Cyclically Adjusted PS Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Comstock Resources was 2.55. The lowest was 0.06. And the median was 0.23.


Comstock Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Comstock 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.

Comstock Resources Cyclically Adjusted Revenue per Share Chart

Comstock 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 28.80 25.39 27.10 24.02 19.45

Comstock 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 23.18 21.98 21.82 19.45 18.16

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

For the Oil & Gas E&P subindustry, Comstock 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.


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

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

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



Comstock 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, Comstock 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)
=1.111/131.7762*131.7762
=1.111

Current CPI (Mar. 2024) = 131.7762.

Comstock Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.195 100.560 15.981
201409 12.059 100.428 15.823
201412 9.864 99.070 13.120
201503 6.677 99.621 8.832
201506 7.468 100.684 9.774
201509 5.923 100.392 7.775
201512 4.696 99.792 6.201
201603 3.347 100.470 4.390
201606 3.135 101.688 4.063
201609 3.648 101.861 4.719
201612 3.496 101.863 4.523
201703 3.536 102.862 4.530
201706 3.709 103.349 4.729
201709 3.788 104.136 4.793
201712 4.181 104.011 5.297
201803 3.903 105.290 4.885
201806 3.429 106.317 4.250
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 1.065 107.251 1.309
201906 1.075 108.070 1.311
201909 1.188 108.329 1.445
201912 1.370 108.420 1.665
202003 0.717 108.902 0.868
202006 0.763 108.767 0.924
202009 0.654 109.815 0.785
202012 0.976 109.897 1.170
202103 1.236 111.754 1.457
202106 1.233 114.631 1.417
202109 1.875 115.734 2.135
202112 2.500 117.630 2.801
202203 2.054 121.301 2.231
202206 3.224 125.017 3.398
202209 4.328 125.227 4.554
202212 3.143 125.222 3.308
202303 1.653 127.348 1.710
202306 0.962 128.729 0.985
202309 1.274 129.860 1.293
202312 1.359 129.419 1.384
202403 1.111 131.776 1.111

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


Comstock Resources  (STU:CX91) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.904/18.16
=0.55

* 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 Comstock Resources was 2.55. The lowest was 0.06. And the median was 0.23.


Be Aware

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


Comstock Resources Cyclically Adjusted Revenue per Share Related Terms

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


Comstock Resources (STU:CX91) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Comstock Resources Inc (STU:CX91) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana, Texas and North Dakota.

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