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Weatherford International (Weatherford International) Cyclically Adjusted PS Ratio : 3.83 (As of Apr. 28, 2024)


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What is Weatherford International Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Weatherford International's current share price is $127.97. Weatherford International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $33.41. Weatherford International's Cyclically Adjusted PS Ratio for today is 3.83.

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

WFRD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 1.38   Max: 3.83
Current: 3.83

During the past years, Weatherford International's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 0.11. And the median was 1.38.

WFRD's Cyclically Adjusted PS Ratio is ranked worse than
85.94% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs WFRD: 3.83

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.

Weatherford International's adjusted revenue per share data for the three months ended in Mar. 2024 was $18.179. 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 $33.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weatherford International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Weatherford International'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.

Weatherford International Cyclically Adjusted PS Ratio Chart

Weatherford International 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 2.04 0.34 1.26 1.89 3.04

Weatherford International 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 2.10 2.24 2.90 3.04 3.45

Competitive Comparison of Weatherford International's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Weatherford International'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.


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

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

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



Weatherford International 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.

Weatherford International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=127.97/33.41
=3.83

* 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.

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

For example, Weatherford International'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)
=18.179/129.4194*129.4194
=18.179

Current CPI (Mar. 2024) = 129.4194.

Weatherford International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.776 100.560 6.147
201409 4.945 100.428 6.373
201412 4.778 99.070 6.242
201503 3.591 99.621 4.665
201506 3.072 100.684 3.949
201509 2.872 100.392 3.702
201512 2.573 99.792 3.337
201603 1.950 100.470 2.512
201606 1.560 101.688 1.985
201609 1.508 101.861 1.916
201612 1.504 101.863 1.911
201703 1.403 102.862 1.765
201706 1.377 103.349 1.724
201709 1.475 104.136 1.833
201712 1.501 104.011 1.868
201803 1.432 105.290 1.760
201806 1.452 106.317 1.768
201809 1.447 106.507 1.758
201812 1.426 105.998 1.741
201903 1.342 107.251 1.619
201906 1.304 108.070 1.562
201909 1.309 108.329 1.564
201912 0.981 108.420 1.171
202003 17.357 108.902 20.627
202006 11.729 108.767 13.956
202009 11.529 109.815 13.587
202012 12.029 109.897 14.166
202103 11.886 111.754 13.765
202106 12.900 114.631 14.564
202109 13.500 115.734 15.096
202112 13.786 117.630 15.168
202203 13.400 121.301 14.297
202206 14.575 125.017 15.088
202209 15.556 125.227 16.077
202212 16.120 125.222 16.660
202303 16.136 127.348 16.398
202306 17.452 128.729 17.546
202309 17.743 129.860 17.683
202312 18.405 129.419 18.405
202403 18.179 129.419 18.179

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.


Weatherford International  (NAS:WFRD) 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.


Weatherford International Cyclically Adjusted PS Ratio Related Terms

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


Weatherford International (Weatherford International) Business Description

Traded in Other Exchanges
Address
2000 St. James Place, Houston, TX, USA, 77056
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.
Executives
Joseph H Mongrain officer: EVP and CHRO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Girish Saligram director, officer: President and CEO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Desmond J Mills officer: VP & Chief Accounting Officer 2000 ST. JAMES PLACE, HOUSTON TX 77056
Scott C Weatherholt officer: EVP, GC & CCO 321 SOUTH BOSTON AVE., SUITE 1000, TULSA OK 74103
Arunava Mitra officer: EVP and CFO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Charles Davison officer: EVP - Operational Excellence 2000 ST. JAMES PLACE, HOUSTON TX 77056
H. Keith Jennings officer: EVP and CFO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Mark D Swift officer: President - Western Hemisphere 2000 ST. JAMES PLACE, HOUSTON TX 77056
Christian A Garcia officer: Chief Financial Officer 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
John F Glick director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411