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Teekay (Teekay) Cyclically Adjusted Revenue per Share : $24.41 (As of Dec. 2023)


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What is Teekay 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.

Teekay's adjusted revenue per share for the three months ended in Dec. 2023 was $3.587. 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 $24.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Teekay's average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.10% 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 Teekay was 18.50% per year. The lowest was -5.50% per year. And the median was 1.20% per year.

As of today (2024-04-27), Teekay's current stock price is $7.50. Teekay's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $24.41. Teekay's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Teekay was 2.06. The lowest was 0.06. And the median was 0.23.


Teekay Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Teekay'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.

Teekay Cyclically Adjusted Revenue per Share Chart

Teekay 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 28.41 27.17 26.29 25.44 24.41

Teekay 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 25.44 25.45 25.35 25.05 24.41

Competitive Comparison of Teekay's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Teekay'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.


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

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

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



Teekay 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, Teekay'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)
=3.587/129.4194*129.4194
=3.587

Current CPI (Dec. 2023) = 129.4194.

Teekay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.101 99.695 9.218
201406 6.278 100.560 8.080
201409 6.648 100.428 8.567
201412 7.517 99.070 9.820
201503 7.524 99.621 9.775
201506 8.068 100.684 10.371
201509 8.412 100.392 10.844
201512 9.605 99.792 12.457
201603 8.813 100.470 11.352
201606 8.056 101.688 10.253
201609 6.445 101.861 8.189
201612 6.411 101.863 8.145
201703 6.306 102.862 7.934
201706 5.958 103.349 7.461
201709 5.805 104.136 7.214
201712 3.771 104.011 4.692
201803 4.048 105.290 4.976
201806 4.039 106.317 4.917
201809 4.148 106.507 5.040
201812 4.894 105.998 5.975
201903 4.844 107.251 5.845
201906 4.588 108.070 5.494
201909 4.225 108.329 5.048
201912 5.623 108.420 6.712
202003 5.690 108.902 6.762
202006 4.771 108.767 5.677
202009 3.922 109.815 4.622
202012 3.583 109.897 4.220
202103 1.824 111.754 2.112
202106 1.512 114.631 1.707
202109 1.450 115.734 1.621
202112 1.920 117.630 2.112
202203 2.078 121.301 2.217
202206 2.683 125.017 2.777
202209 2.896 125.227 2.993
202212 3.570 125.222 3.690
202303 4.167 127.348 4.235
202306 4.087 128.729 4.109
202309 3.286 129.860 3.275
202312 3.587 129.419 3.587

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


Teekay  (NYSE:TK) 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.

Teekay's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.50/24.41
=0.31

* 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 Teekay was 2.06. The lowest was 0.06. And the median was 0.23.


Be Aware

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


Teekay Cyclically Adjusted Revenue per Share Related Terms

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


Teekay (Teekay) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (NYSE:TK) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.

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