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Pioneer Natural Resources Co (Pioneer Natural Resources Co) Cyclically Adjusted Revenue per Share : $57.90 (As of Dec. 2023)


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What is Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Pioneer Natural Resources Co's adjusted revenue per share for the three months ended in Dec. 2023 was $20.975. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $57.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pioneer Natural Resources Co's average Cyclically Adjusted Revenue Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Pioneer Natural Resources Co was 19.30% per year. The lowest was 5.80% per year. And the median was 9.70% per year.

As of today (2024-04-27), Pioneer Natural Resources Co's current stock price is $268.87. Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $57.90. Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio of today is 4.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pioneer Natural Resources Co was 13.37. The lowest was 1.98. And the median was 5.98.


Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share 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.

Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.18 34.11 41.73 51.44 57.90

Pioneer Natural Resources Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 51.44 53.43 55.11 56.88 57.90

Competitive Comparison of Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co'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.


Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pioneer Natural Resources Co'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)
=20.975/129.4194*129.4194
=20.975

Current CPI (Dec. 2023) = 129.4194.

Pioneer Natural Resources Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.252 99.695 9.414
201406 7.993 100.560 10.287
201409 8.175 100.428 10.535
201412 6.639 99.070 8.673
201503 4.161 99.621 5.406
201506 5.584 100.684 7.178
201509 5.887 100.392 7.589
201512 3.644 99.792 4.726
201603 3.901 100.470 5.025
201606 6.146 101.688 7.822
201609 6.394 101.861 8.124
201612 4.627 101.863 5.879
201703 6.618 102.862 8.327
201706 6.571 103.349 8.229
201709 7.547 104.136 9.379
201712 10.394 104.011 12.933
201803 13.661 105.290 16.792
201806 13.924 106.317 16.950
201809 14.374 106.507 17.466
201812 12.889 105.998 15.737
201903 13.278 107.251 16.023
201906 14.161 108.070 16.959
201909 14.407 108.329 17.212
201912 16.104 108.420 19.223
202003 12.108 108.902 14.389
202006 6.915 108.767 8.228
202009 11.255 109.815 13.264
202012 12.218 109.897 14.388
202103 14.590 111.754 16.896
202106 17.283 114.631 19.513
202109 19.304 115.734 21.587
202112 21.612 117.630 23.778
202203 24.012 121.301 25.619
202206 27.579 125.017 28.550
202209 24.228 125.227 25.039
202212 20.779 125.222 21.476
202303 18.840 127.348 19.146
202306 18.843 128.729 18.944
202309 21.421 129.860 21.348
202312 20.975 129.419 20.975

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Pioneer Natural Resources Co  (NYSE:PXD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Pioneer Natural Resources Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=268.87/57.9
=4.64

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pioneer Natural Resources Co was 13.37. The lowest was 1.98. And the median was 5.98.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Pioneer Natural Resources Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Pioneer Natural Resources Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pioneer Natural Resources Co (Pioneer Natural Resources Co) Business Description

Industry
Address
777 Hidden Ridge, Irving, TX, USA, 75038
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.
Executives
Mark H Kleinman officer: EVP & General Counsel 777 HIDDEN RIDGE, IRVING TX 75038
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Bonnie S. Black officer: SVP, Technology & Ops Support 777 HIDDEN RIDGE, IRVING TX 75038
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Christopher L Washburn officer: Interim CAO 777 HIDDEN RIDGE, IRVING TX 75038
Mark Stephen Berg officer: EVP, GEN. COUNSEL & SECTY 777 HIDDEN RIDGE, IRVING TX 75038
Tyson L. Taylor officer: SVP, Human Resources 5205 N O'CONNOR BLVD., SUITE 200, IRVING TX 75039
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Stacy P. Methvin director 777 HIDDEN RIDGE, IRVING TX 75038
Lori George Billingsley director 777 HIDDEN RIDGE, IRVING TX 75038
Royce Mitchell director 777 HIDDEN RIDGE, IRVING TX 75038
Hall Jerome D Jr officer: EVP, Operations 777 HIDDEN RIDGE, IRVING TX 75038
Frank A Risch director PIONEER NATURAL RESOURCES COMPANY, 5205 N. O'CONNOR BLVD, STE 900, IRVING TX 75039
Chris J Cheatwood officer: EXEC VP WORLDWIDE EXPLORATION 777 HIDDEN RIDGE, IRVING TX 75038
Neal H Shah officer: SVP and CFO 777 HIDDEN RIDGE, IRVING TX 75038