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Schlumberger (STU:SCL) Cyclically Adjusted PS Ratio : 1.83 (As of Apr. 27, 2024)


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What is Schlumberger Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Schlumberger's current share price is €46.00. Schlumberger's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €25.14. Schlumberger's Cyclically Adjusted PS Ratio for today is 1.83.

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

STU:SCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 2.09   Max: 5.04
Current: 1.82

During the past years, Schlumberger's highest Cyclically Adjusted PS Ratio was 5.04. The lowest was 0.47. And the median was 2.09.

STU:SCL's Cyclically Adjusted PS Ratio is ranked worse than
67.77% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs STU:SCL: 1.82

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.

Schlumberger's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.536. 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 €25.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schlumberger Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Schlumberger'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.

Schlumberger Cyclically Adjusted PS Ratio Chart

Schlumberger 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 1.38 0.76 1.03 1.86 1.88

Schlumberger 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 1.70 1.72 2.06 1.88 2.02

Competitive Comparison of Schlumberger's Cyclically Adjusted PS Ratio

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


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

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

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



Schlumberger 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.00/25.14
=1.83

* 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.

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

For example, Schlumberger'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)
=5.536/129.4194*129.4194
=5.536

Current CPI (Mar. 2024) = 129.4194.

Schlumberger Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.747 100.560 8.683
201409 7.491 100.428 9.654
201412 7.947 99.070 10.382
201503 7.369 99.621 9.573
201506 6.272 100.684 8.062
201509 5.934 100.392 7.650
201512 5.615 99.792 7.282
201603 4.650 100.470 5.990
201606 4.590 101.688 5.842
201609 4.464 101.861 5.672
201612 4.837 101.863 6.146
201703 4.598 102.862 5.785
201706 4.788 103.349 5.996
201709 4.765 104.136 5.922
201712 4.979 104.011 6.195
201803 4.555 105.290 5.599
201806 5.106 106.317 6.216
201809 5.236 106.507 6.362
201812 5.161 105.998 6.301
201903 4.991 107.251 6.023
201906 5.246 108.070 6.282
201909 5.599 108.329 6.689
201912 5.347 108.420 6.383
202003 4.864 108.902 5.780
202006 3.427 108.767 4.078
202009 3.209 109.815 3.782
202012 3.264 109.897 3.844
202103 3.092 111.754 3.581
202106 3.291 114.631 3.716
202109 3.490 115.734 3.903
202112 3.820 117.630 4.203
202203 3.775 121.301 4.028
202206 4.462 125.017 4.619
202209 5.248 125.227 5.424
202212 5.164 125.222 5.337
202303 4.997 127.348 5.078
202306 5.184 128.729 5.212
202309 5.400 129.860 5.382
202312 5.701 129.419 5.701
202403 5.536 129.419 5.536

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.


Schlumberger  (STU:SCL) 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.


Schlumberger Cyclically Adjusted PS Ratio Related Terms

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


Schlumberger (STU:SCL) Business Description

Industry
Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Schlumberger (STU:SCL) Headlines

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