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Unit (UNTC) Cyclically Adjusted PS Ratio : 1.26 (As of Apr. 29, 2024)


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What is Unit Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Unit's current share price is $38.468. Unit's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.51. Unit's Cyclically Adjusted PS Ratio for today is 1.26.

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

UNTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.59   Max: 2.39
Current: 1.28

During the past years, Unit's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 0.56. And the median was 1.59.

UNTC's Cyclically Adjusted PS Ratio is ranked worse than
59.37% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs UNTC: 1.28

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.

Unit's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.515. 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 $30.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unit Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Unit'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.

Unit Cyclically Adjusted PS Ratio Chart

Unit 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 - - 1.24 1.94 1.42

Unit 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 1.94 1.43 1.56 1.77 1.42

Competitive Comparison of Unit's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Unit'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.


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

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

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



Unit 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.468/30.51
=1.26

* 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.

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

For example, Unit'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)
=7.515/129.4194*129.4194
=7.515

Current CPI (Dec. 2023) = 129.4194.

Unit Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.939 99.695 10.306
201406 8.255 100.560 10.624
201409 8.154 100.428 10.508
201412 7.699 99.070 10.058
201503 5.209 99.621 6.767
201506 4.363 100.684 5.608
201509 4.321 100.392 5.570
201512 3.505 99.792 4.546
201603 2.730 100.470 3.517
201606 2.762 101.688 3.515
201609 3.063 101.861 3.892
201612 3.480 101.863 4.421
201703 3.455 102.862 4.347
201706 3.284 103.349 4.112
201709 3.627 104.136 4.508
201712 3.918 104.011 4.875
201803 3.924 105.290 4.823
201806 3.852 106.317 4.689
201809 4.141 106.507 5.032
201812 4.125 105.998 5.036
201903 3.609 107.251 4.355
201906 3.120 108.070 3.736
201909 2.936 108.329 3.508
201912 3.104 108.420 3.705
202003 2.303 108.902 2.737
202006 1.664 108.767 1.980
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 10.075 111.754 11.668
202106 11.264 114.631 12.717
202109 14.295 115.734 15.985
202112 20.277 117.630 22.309
202203 18.743 121.301 19.997
202206 13.130 125.017 13.592
202209 12.070 125.227 12.474
202212 10.485 125.222 10.836
202303 9.589 127.348 9.745
202306 8.032 128.729 8.075
202309 8.163 129.860 8.135
202312 7.515 129.419 7.515

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.


Unit  (OTCPK:UNTC) 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.


Unit Cyclically Adjusted PS Ratio Related Terms

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


Unit (UNTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTC) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
N/A
Address
8200 South Unit Drive, Tulsa, OK, USA, 74132
Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.
Executives
Micheal L Hicks officer: President, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Peyton G Bailey Iv director 8200 S. UNIT DRIVE, TULSA OK 74132
George L Austin officer: Sr. VP and CFO C/O CYPRESS ENERGY PARTNERS, L.P., 5727 S LEWIS AVENUE, SUITE 500, TULSA OK 74105
David P Dunham officer: Sr VP Business Development 8200 S. UNIT DRIVE, TULSA OK 74132
Frank Q Young officer: Executive Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
Larry C Payne director 8200 S. UNIT DRIVE, TULSA OK 74132
Don A Hayes officer: Controller 8200 S. UNIT DRIVE, TULSA OK 74132
Steven B Hildebrand director 8200 S. UNIT DRIVE, TULSA OK 74132
Brad Guidry officer: Senior Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
John Cromling officer: Executive Vice President, UDC 8200 S. UNIT DRIVE, TULSA OK 74132
Robert Parks officer: Manager, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Sullivan Robert J Jr director 8200 S. UNIT DRIVE, TULSA OK 74132
Gary R Christopher director 8200 S. UNIT DRIVE, TULSA OK 74132
George Kaiser Family Foundation 10 percent owner 7030 SOUTH YALE AVENUE, SUITE 600, TULSA OK 74136

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