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QEP Resources (QEP Resources) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is QEP Resources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


QEP Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for QEP 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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QEP Resources Cyclically Adjusted PS Ratio Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of QEP Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, QEP 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.


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

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

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



QEP 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.

QEP Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, QEP Resources's adjusted Revenue per Share data for the three months ended in Dec. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.825/109.8968*109.8968
=0.825

Current CPI (Dec. 2020) = 109.8968.

QEP Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 3.466 94.283 4.040
201106 4.525 95.235 5.222
201109 4.929 95.727 5.659
201112 4.791 95.213 5.530
201203 3.379 96.783 3.837
201206 2.810 96.819 3.190
201209 3.049 97.633 3.432
201212 2.384 96.871 2.705
201303 3.935 98.209 4.403
201306 4.184 98.518 4.667
201309 4.008 98.790 4.459
201312 3.450 98.326 3.856
201403 4.542 99.695 5.007
201406 4.926 100.560 5.383
201409 5.039 100.428 5.514
201412 3.786 99.070 4.200
201503 2.657 99.621 2.931
201506 3.252 100.684 3.550
201509 2.873 100.392 3.145
201512 2.647 99.792 2.915
201603 1.377 100.470 1.506
201606 1.533 101.688 1.657
201609 1.596 101.861 1.722
201612 1.668 101.863 1.800
201703 1.833 102.862 1.958
201706 1.595 103.349 1.696
201709 1.621 104.136 1.711
201712 1.781 104.011 1.882
201803 1.780 105.290 1.858
201806 2.246 106.317 2.322
201809 2.366 106.507 2.441
201812 1.734 105.998 1.798
201903 1.183 107.251 1.212
201906 1.245 108.070 1.266
201909 1.293 108.329 1.312
201912 1.354 108.420 1.372
202003 0.944 108.902 0.953
202006 0.498 108.767 0.503
202009 0.734 109.815 0.735
202012 0.825 109.897 0.825

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.


QEP Resources  (NYSE:QEP) 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.


QEP Resources Cyclically Adjusted PS Ratio Related Terms

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


QEP Resources (QEP Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1050 17th Street, Suite 800, Denver, CO, USA, 80265
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.
Executives
Joseph T Redman officer: VP Energy QEP RESOURCES, INC., 1050 17TH STREET SUITE 800 DENVER CO 80265
William J Buese officer: VP, CFO & Treasurer 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Alice B Ley officer: VP, Controller & CAO 1050 17TH STREET SUITE 800 DENVER CO 80265
Christopher K Woosley officer: EVP, General Counsel & CS 1050 17TH STREET SUITE 800 DENVER CO 80265
Myles W Scoggins director 1722 ILLINOIS STREET, GOLDEN CO 80401
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Michael J Minarovic director QEP RESOURCES, INC. 1050 17TH STREET, SUITE 800 DENVER CO 80265
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Robert Heinemann director
Barth E Whitham director INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
David A Trice director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy J. Cutt director, officer: President & CEO 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Joseph N Jaggers director
Richard J Doleshek officer: EVP, CFO 1050 17TH STREET, SUITE 800 DENVER CO 80265
Jeffery R Tommerup officer: SVP - Production & HSE 1050 17TH STREET SUITE 800 DENVER CO 80265