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Coterra Energy (BSP:C1OG34) Cyclically Adjusted PS Ratio : 4.71 (As of Apr. 29, 2024)


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What is Coterra Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Coterra Energy's current share price is R$141.24. Coterra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$29.98. Coterra Energy's Cyclically Adjusted PS Ratio for today is 4.71.

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

BSP:C1OG34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.37   Med: 6.93   Max: 18.03
Current: 4.62

During the past years, Coterra Energy's highest Cyclically Adjusted PS Ratio was 18.03. The lowest was 3.37. And the median was 6.93.

BSP:C1OG34's Cyclically Adjusted PS Ratio is ranked worse than
90.37% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs BSP:C1OG34: 4.62

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.

Coterra Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was R$10.371. 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 R$29.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coterra Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coterra Energy'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.

Coterra Energy Cyclically Adjusted PS Ratio Chart

Coterra Energy 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 4.51 4.03 4.11 4.31 4.17

Coterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.31 4.15 4.22 4.45 4.17

Competitive Comparison of Coterra Energy's Cyclically Adjusted PS Ratio

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


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

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

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



Coterra Energy 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.

Coterra Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=141.24/29.98
=4.71

* 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.

Coterra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coterra Energy's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.371/129.4194*129.4194
=10.371

Current CPI (Dec. 2023) = 129.4194.

Coterra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.832 99.695 3.676
201406 2.845 100.560 3.661
201409 2.863 100.428 3.689
201412 3.934 99.070 5.139
201503 3.520 99.621 4.573
201506 2.304 100.684 2.962
201509 2.879 100.392 3.711
201512 2.633 99.792 3.415
201603 2.414 100.470 3.110
201606 1.817 101.688 2.313
201609 2.171 101.861 2.758
201612 2.282 101.863 2.899
201703 3.469 102.862 4.365
201706 3.251 103.349 4.071
201709 2.598 104.136 3.229
201712 2.843 104.011 3.538
201803 3.362 105.290 4.132
201806 3.774 106.317 4.594
201809 5.055 106.507 6.142
201812 6.419 105.998 7.837
201903 5.796 107.251 6.994
201906 4.853 108.070 5.812
201909 4.265 108.329 5.095
201912 4.631 108.420 5.528
202003 4.722 108.902 5.612
202006 4.297 108.767 5.113
202009 3.943 109.815 4.647
202012 5.836 109.897 6.873
202103 6.448 111.754 7.467
202106 4.043 114.631 4.565
202109 5.764 115.734 6.446
202112 15.466 117.630 17.016
202203 10.265 121.301 10.952
202206 16.068 125.017 16.634
202209 16.580 125.227 17.135
202212 15.313 125.222 15.826
202303 12.052 127.348 12.248
202306 7.568 128.729 7.609
202309 8.835 129.860 8.805
202312 10.371 129.419 10.371

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.


Coterra Energy  (BSP:C1OG34) 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.


Coterra Energy Cyclically Adjusted PS Ratio Related Terms

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


Coterra Energy (BSP:C1OG34) Business Description

Industry
Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Coterra Energy (BSP:C1OG34) Headlines

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