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Subsea 7 (OSL:SUBC) Cyclically Adjusted PS Ratio : 1.22 (As of Apr. 27, 2024)


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What is Subsea 7 Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Subsea 7's current share price is kr182.00. Subsea 7's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr148.64. Subsea 7's Cyclically Adjusted PS Ratio for today is 1.22.

The historical rank and industry rank for Subsea 7's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSL:SUBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.93   Max: 1.57
Current: 1.18

During the past years, Subsea 7's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 0.44. And the median was 0.93.

OSL:SUBC's Cyclically Adjusted PS Ratio is ranked worse than
57.1% of 753 companies
in the Oil & Gas industry
Industry Median: 0.9 vs OSL:SUBC: 1.18

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.

Subsea 7's adjusted revenue per share data for the three months ended in Dec. 2023 was kr57.195. 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 kr148.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subsea 7 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Subsea 7'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.

Subsea 7 Cyclically Adjusted PS Ratio Chart

Subsea 7 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 0.99 0.80 0.53 0.83 1.00

Subsea 7 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 0.83 0.89 0.93 1.01 1.00

Competitive Comparison of Subsea 7's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Subsea 7's Cyclically Adjusted PS Ratio falls into.



Subsea 7 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.

Subsea 7's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=182.00/148.64
=1.22

* 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.

Subsea 7's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Subsea 7'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)
=57.195/130.0000*130.0000
=57.195

Current CPI (Dec. 2023) = 130.0000.

Subsea 7 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 26.596 99.300 34.819
201406 30.861 99.800 40.200
201409 32.400 100.000 42.120
201412 30.914 99.900 40.228
201503 27.111 99.600 35.386
201506 30.404 100.100 39.486
201509 28.651 100.200 37.172
201512 27.373 100.400 35.443
201603 18.449 100.400 23.888
201606 23.284 101.000 29.970
201609 22.184 101.500 28.413
201612 23.284 102.200 29.618
201703 22.339 102.700 28.277
201706 25.376 103.500 31.873
201709 24.450 104.300 30.475
201712 25.351 105.000 31.387
201803 19.257 105.100 23.819
201806 28.747 105.900 35.289
201809 27.237 106.600 33.216
201812 27.172 107.100 32.982
201903 23.436 107.000 28.474
201906 26.806 107.900 32.296
201909 28.601 108.400 34.300
201912 26.856 108.500 32.178
202003 25.747 108.600 30.821
202006 24.184 108.800 28.896
202009 29.205 109.200 34.768
202012 29.673 109.400 35.260
202103 28.417 109.700 33.676
202106 33.898 111.400 39.558
202109 42.069 112.400 48.656
202112 41.083 114.700 46.563
202203 35.758 116.500 39.902
202206 41.385 120.500 44.648
202209 49.645 122.300 52.771
202212 43.823 125.300 45.467
202303 44.979 126.800 46.114
202306 54.433 129.400 54.685
202309 56.152 130.100 56.109
202312 57.195 130.000 57.195

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.


Subsea 7  (OSL:SUBC) 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.


Subsea 7 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Subsea 7's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Subsea 7 (OSL:SUBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OSL:SUBC) » Definitions » Cyclically Adjusted PS Ratio
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

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