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Archrock (Archrock) Cyclically Adjusted PS Ratio : 2.02 (As of May. 15, 2024)


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What is Archrock Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Archrock's current share price is $20.015. Archrock's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.91. Archrock's Cyclically Adjusted PS Ratio for today is 2.02.

The historical rank and industry rank for Archrock's Cyclically Adjusted PS Ratio or its related term are showing as below:

AROC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.43   Max: 2.13
Current: 2.02

During the past years, Archrock's highest Cyclically Adjusted PS Ratio was 2.13. The lowest was 0.11. And the median was 0.43.

AROC's Cyclically Adjusted PS Ratio is ranked worse than
71.47% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs AROC: 2.02

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.

Archrock's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.738. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $9.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Archrock Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Archrock's Cyclically Adjusted PS Ratio 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.

Archrock Cyclically Adjusted PS Ratio Chart

Archrock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.46 0.48 0.77 1.40

Archrock Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 0.94 1.14 1.65 1.40 1.98

Competitive Comparison of Archrock's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Archrock'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.


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

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

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



Archrock Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Archrock's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.015/9.91
=2.02

* 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.

Archrock's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Archrock'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)
=1.738/129.4194*129.4194
=1.738

Current CPI (Mar. 2024) = 129.4194.

Archrock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.220 100.560 14.440
201409 10.281 100.428 13.249
201412 -17.029 99.070 -22.246
201503 3.705 99.621 4.813
201506 3.723 100.684 4.786
201509 3.630 100.392 4.680
201512 3.527 99.792 4.574
201603 3.099 100.470 3.992
201606 2.958 101.688 3.765
201609 2.836 101.861 3.603
201612 2.804 101.863 3.563
201703 2.736 102.862 3.442
201706 2.845 103.349 3.563
201709 2.841 104.136 3.531
201712 2.981 104.011 3.709
201803 3.033 105.290 3.728
201806 2.036 106.317 2.478
201809 1.816 106.507 2.207
201812 1.812 105.998 2.212
201903 1.841 107.251 2.222
201906 1.857 108.070 2.224
201909 1.713 108.329 2.046
201912 1.635 108.420 1.952
202003 1.659 108.902 1.972
202006 1.462 108.767 1.740
202009 1.361 109.815 1.604
202012 1.319 109.897 1.553
202103 1.289 111.754 1.493
202106 1.285 114.631 1.451
202109 1.281 115.734 1.432
202112 1.284 117.630 1.413
202203 1.290 121.301 1.376
202206 1.409 125.017 1.459
202209 1.390 125.227 1.437
202212 1.424 125.222 1.472
202303 1.490 127.348 1.514
202306 1.603 128.729 1.612
202309 1.641 129.860 1.635
202312 1.684 129.419 1.684
202403 1.738 129.419 1.738

Add all the adjusted revenue per share together and divide 10 will get our 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.


Archrock  (NYSE:AROC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Archrock Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Archrock's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Archrock (Archrock) Business Description

Industry
Traded in Other Exchanges
Address
9807 Katy Freeway, Suite 100, Houston, TX, USA, 77024
Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.
Executives
Donna A Henderson officer: VP, Chief Accounting Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Jdh Capital Holdings, L.p. 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Eric W Thode officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024
Hildebrand Enterprises Co 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Hildebrand Enterprises, Lp 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Jdh Capital Co 10 percent owner C/O HILCORP ENERGY COMPANY, 1111 TRAVIS, HOUSTON TX 77002
Jeffery D Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Melinda B Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Leonard Wayne Mallett director P.O. BOX 2521, HOUSTON TX 77252-2521
Jason C Rebrook director C/O JDH CAPITAL COMPANY, 1111 TRAVIS STREET, HOUSTON TX 77002
Doug S Aron officer: Sr Vice President and CFO 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411
D Bradley Childers officer: Sr Vice President DC/O UNIVERSAL COPRESSION HOLDINGS INC, 4440 BRITTMOORE ROAD, HOUSTON TX 77041
Jason Ingersoll officer: Vice President 16666 NORTHCHASE DRIVE, HOUSTON TX 77060
Sean K Clawges officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024

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