Obsidian Energy (TSX:OBE) Cyclically Adjusted Revenue per Share: C$8.60 (As of Mar. 2026)

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TSX:OBE Obsidian Energy Ltd TSX:OBE
49 GF Score
Price C$13.99
GF Value C$6.88
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Obsidian Energy Cyclically Adjusted Revenue per Share?

Obsidian Energy TSX:OBE -6.30% 49 Cyclically Adjusted Revenue per Share is C$8.60 as of Mar. 2026. GuruFocus rates TSX:OBE with a GF Score™ of 49/100 and a GF Value™ of C$6.88 (Significantly Overvalued). The stock has 3 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.

Obsidian Energy's adjusted revenue per share for the three months ended in Mar. 2026 was C$2.250. 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 C$8.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Obsidian Energy's average Cyclically Adjusted Revenue Growth Rate was -9.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -19.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -19.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -17.90% 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 Obsidian Energy was -11.50% per year. The lowest was -21.80% per year. And the median was -17.60% per year.

As of today (2026-07-27), Obsidian Energy's current stock price is C$13.99. Obsidian Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$8.60. Obsidian Energy's Cyclically Adjusted PS Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Obsidian Energy was 2.24. The lowest was 0.01. And the median was 0.30.


Obsidian Energy  (TSX:OBE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.99/8.60
=1.63

* 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 Obsidian Energy was 2.24. The lowest was 0.01. And the median was 0.30.


Be Aware

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


Obsidian Energy Cyclically Adjusted Revenue per Share Related Terms


Obsidian Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Obsidian 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.

Obsidian Energy Cyclically Adjusted Revenue per Share Chart

Obsidian 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 20.26 16.65 12.82 9.68 8.60

Obsidian 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 9.54 9.13 8.85 8.60 8.60

TSX:OBE vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

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


Obsidian Energy Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


TSX:OBE
49GF Score
Obsidian Energy Ltd TSX:OBE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Obsidian 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, Obsidian 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)
=2.25/132.2623*132.2623
=2.250

Current CPI (Mar. 2026) = 132.2623.

Obsidian Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.565 102.002 3.326
201609 1.603 101.765 2.083
201612 1.643 101.449 2.142
201703 1.737 102.634 2.238
201706 1.499 103.029 1.924
201709 1.319 103.345 1.688
201712 1.662 103.345 2.127
201803 1.610 105.004 2.028
201806 1.687 105.557 2.114
201809 1.710 105.636 2.141
201812 1.134 105.399 1.423
201903 1.407 106.979 1.740
201906 1.493 107.690 1.834
201909 1.274 107.611 1.566
201912 1.583 107.769 1.943
202003 1.129 107.927 1.384
202006 0.686 108.401 0.837
202009 1.054 108.164 1.289
202012 1.039 108.559 1.266
202103 1.261 110.298 1.512
202106 1.502 111.720 1.778
202109 1.668 112.905 1.954
202112 1.948 113.774 2.265
202203 2.496 117.646 2.806
202206 3.336 120.806 3.652
202209 2.559 120.648 2.805
202212 2.505 120.964 2.739
202303 2.263 122.702 2.439
202306 2.057 124.203 2.190
202309 2.496 125.230 2.636
202312 2.079 125.072 2.199
202403 2.304 126.258 2.414
202406 2.669 127.522 2.768
202409 2.810 127.285 2.920
202412 2.922 127.364 3.034
202503 2.825 129.181 2.892
202506 1.913 129.892 1.948
202509 1.898 130.287 1.927
202512 1.794 130.366 1.820
202603 2.250 132.262 2.250

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 C$8.60 mean?
Obsidian Energy (TSX:OBE) has a Cyclically Adjusted Revenue per Share of C$8.60 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 Obsidian Energy and its competitors.
Is Obsidian Energy's Cyclically Adjusted Revenue per Share too high?
Obsidian Energy's current Cyclically Adjusted Revenue per Share is C$8.60. Overall, Obsidian Energy has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obsidian Energy's Cyclically Adjusted Revenue per Share compare to COP and EOG?
Obsidian Energy's Cyclically Adjusted Revenue per Share of C$8.60 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 Obsidian Energy and its competitors. Obsidian Energy's current Cyclically Adjusted Revenue per Share is C$8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obsidian Energy stock overvalued right now?
Based on GuruFocus' analysis, Obsidian Energy (TSX:OBE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$6.88, compared to a current price of C$13.99 — trading 103.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$8.60. Obsidian Energy's overall GF Score™ is 49/100 with 3 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 Obsidian Energy (TSX:OBE), the current Cyclically Adjusted Revenue per Share is C$8.60 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 Obsidian Energy (TSX:OBE) Overvalued in 2026?

Based on GuruFocus' analysis, Obsidian Energy stock appears to be overvalued. The current stock price of C$13.99 is trading 103.3% above its estimated GF Value™ of C$6.88. GuruFocus considers Obsidian Energy to be Significantly Overvalued.

Key valuation signals for TSX:OBE:

  • Cyclically Adjusted Revenue per Share: C$8.60
  • GF Value™: C$6.88 vs. price of C$13.99 (103.3% above fair value)
  • GF Score™: 49/100 with 3 warning signs

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


Obsidian Energy Business Description

Industry EnergyOil & Gas
Other Exchanges OBE:USAP13A:Germany
Address 207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Obsidian Energy Ltd is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development, and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Sale of Oil.
49GF Score

Get the complete analysis for TSX:OBE

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

C$13.99
Price
C$6.88
GF Value