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Chevron (XSWX:CVX) Cyclically Adjusted Revenue per Share : CHF0.00 (As of Dec. 2023)


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What is Chevron Cyclically Adjusted Revenue per Share?

Note: As Cyclically Adjusted Revenue per Share is a main component used to calculate Cyclically Adjusted PS Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Chevron's adjusted revenue per share for the three months ended in Dec. 2023 was CHF21.981. 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 CHF0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chevron's average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% 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 Chevron was 12.30% per year. The lowest was -3.50% per year. And the median was 3.40% per year.

As of today (2024-04-28), Chevron's current stock price is CHF121.33. Chevron's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was CHF0.00. Chevron's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chevron was 1.90. The lowest was 0.60. And the median was 1.10.


Chevron Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Chevron'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.

Chevron Cyclically Adjusted Revenue per Share Chart

Chevron 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 100.45 135.47 - - -

Chevron 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 - - - - -

Competitive Comparison of Chevron's Cyclically Adjusted Revenue per Share

For the Oil & Gas Integrated subindustry, Chevron'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.


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

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

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



Chevron 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, Chevron'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)
=21.981/129.4194*129.4194
=21.981

Current CPI (Dec. 2023) = 129.4194.

Chevron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 23.508 99.695 30.517
201406 26.174 100.560 33.686
201409 25.604 100.428 32.995
201412 21.979 99.070 28.712
201503 16.873 99.621 21.920
201506 18.292 100.684 23.513
201509 17.019 100.392 21.940
201512 14.872 99.792 19.287
201603 12.105 100.470 15.593
201606 14.420 101.688 18.352
201609 15.068 101.861 19.145
201612 16.374 101.863 20.804
201703 16.657 102.862 20.958
201706 16.814 103.349 21.055
201709 17.206 104.136 21.384
201712 18.823 104.011 23.421
201803 17.822 105.290 21.906
201806 20.890 106.317 25.429
201809 21.262 106.507 25.836
201812 20.989 105.998 25.627
201903 17.996 107.251 21.716
201906 18.858 108.070 22.584
201909 18.191 108.329 21.732
201912 18.047 108.420 21.542
202003 15.274 108.902 18.152
202006 8.175 108.767 9.727
202009 11.845 109.815 13.960
202012 11.550 109.897 13.602
202103 15.009 111.754 17.381
202106 17.031 114.631 19.228
202109 20.396 115.734 22.808
202112 21.940 117.630 24.139
202203 25.255 121.301 26.945
202206 32.944 125.017 34.104
202209 32.107 125.227 33.182
202212 26.384 125.222 27.268
202303 23.480 127.348 23.862
202306 22.083 128.729 22.201
202309 24.262 129.860 24.180
202312 21.981 129.419 21.981

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


Chevron  (XSWX:CVX) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chevron was 1.90. The lowest was 0.60. And the median was 1.10.


Be Aware

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


Chevron Cyclically Adjusted Revenue per Share Related Terms

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


Chevron (XSWX:CVX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chevron Corp (XSWX:CVX) » Definitions » Cyclically Adjusted Revenue per Share
Address
6001 Bollinger Canyon Road, San Ramon, CA, USA, 94583-2324
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2022 stood at 11.2 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 30.9 trillion cubic feet of natural gas.

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