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Warren Resources (Warren Resources) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Warren Resources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Warren Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Warren Resources'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.

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Warren Resources Cyclically Adjusted PS Ratio Chart

Warren Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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Warren Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of Warren Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Warren Resources'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.


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

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

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



Warren Resources 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.

Warren Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2015 is calculated as:

For example, Warren Resources's adjusted Revenue per Share data for the three months ended in Dec. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=0.19/99.7924*99.7924
=0.190

Current CPI (Dec. 2015) = 99.7924.

Warren Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200603 0.156 84.298 0.185
200606 0.163 85.606 0.190
200609 0.173 85.606 0.202
200612 0.087 85.142 0.102
200703 0.190 86.640 0.219
200706 0.248 87.906 0.282
200709 0.294 87.964 0.334
200712 0.314 88.616 0.354
200803 0.408 90.090 0.452
200806 0.580 92.320 0.627
200809 0.577 92.307 0.624
200812 0.266 88.697 0.299
200903 0.198 89.744 0.220
200906 0.262 91.003 0.287
200909 0.277 91.120 0.303
200912 0.334 91.111 0.366
201003 0.303 91.821 0.329
201006 0.294 91.962 0.319
201009 0.323 92.162 0.350
201012 0.316 92.474 0.341
201103 0.328 94.283 0.347
201106 0.373 95.235 0.391
201109 0.367 95.727 0.383
201112 0.379 95.213 0.397
201203 0.393 96.783 0.405
201206 0.419 96.819 0.432
201209 0.435 97.633 0.445
201212 0.443 96.871 0.456
201303 0.424 98.209 0.431
201306 0.422 98.518 0.427
201309 0.478 98.790 0.483
201312 0.449 98.326 0.456
201403 0.467 99.695 0.467
201406 0.474 100.560 0.470
201409 0.514 100.428 0.511
201412 0.535 99.070 0.539
201503 0.319 99.621 0.320
201506 0.323 100.684 0.320
201509 0.256 100.392 0.254
201512 0.190 99.792 0.190

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.


Warren Resources  (OTCPK:WRESQ) 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.


Warren Resources Cyclically Adjusted PS Ratio Related Terms

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


Warren Resources (Warren Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Warren Resources Inc was incorporated on June 12, 1990 as a Delaware corporation. The Company is an independent energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves. The Company primarily on the exploration and development of its waterflood oil recovery properties in the Wilmington field within the Los Angeles Basin of California, and its coalbed methane, or CBM, natural gas properties located in the Rocky Mountain region. As of December 31, 2013, the company owned natural gas and oil leasehold interests in approximately 123,943 gross (93,350 net) acres, approximately 80% of which are undeveloped. The Washakie Basin is located in the southeast portion of the Greater Green River Basin in southwestern Wyoming and represents its largest acreage position. As of December 31, 2013, the company owned 113,227 gross (87,683 net) acres prospective for CBM development in this area, of which 69,221 net acres were undeveloped. Warren owns certain deep rights below a portion of the Atlantic Rim CBM Project, which include an approximate 71,000 net acre position that is potentially prospective for hydrocarbon production from the Niobrara Shale and other deep formations. The Company sells its oil and natural gas production to various purchasers in the areas where the oil and natural gas is produced. Its drilling, completion, production, re-entry and land operations are conducted, managed and supervised for the company through Warren E&P, Inc., its wholly owned subsidiary. The Companys operations are subject to a wide variety of stringent federal, state and local laws and regulations governing the exploration and production of oil and natural gas, including discharge of materials into the environment or otherwise relating to environmental protection.
Executives
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
James A Watt officer: President & C.E.O. 410 17TH STREET, SUITE 1400, DENVER CO 80202
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
James M Mcconnell director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Anthony L Coelho director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711

Warren Resources (Warren Resources) Headlines