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Tidewater (Tidewater) Cyclically Adjusted PS Ratio : 3.16 (As of May. 22, 2024)


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What is Tidewater Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Tidewater's current share price is $101.93. Tidewater's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $32.30. Tidewater's Cyclically Adjusted PS Ratio for today is 3.16.

The historical rank and industry rank for Tidewater's Cyclically Adjusted PS Ratio or its related term are showing as below:

TDW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.89   Max: 3.32
Current: 3.32

During the past years, Tidewater's highest Cyclically Adjusted PS Ratio was 3.32. The lowest was 1.20. And the median was 1.89.

TDW's Cyclically Adjusted PS Ratio is ranked worse than
84.28% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TDW: 3.32

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.

Tidewater's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.071. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $32.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tidewater Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tidewater'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.

* Premium members only.

Tidewater Cyclically Adjusted PS Ratio Chart

Tidewater Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.14

Tidewater Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 1.23 1.55 1.99 2.14 2.85

Competitive Comparison of Tidewater's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Tidewater'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.


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

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

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



Tidewater 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.

Tidewater's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.93/32.3
=3.16

* 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.

Tidewater's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tidewater's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.071/131.7762*131.7762
=6.071

Current CPI (Mar. 2024) = 131.7762.

Tidewater Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.000 98.209 0.000
201306 18.102 98.518 24.213
201309 19.936 98.790 26.593
201403 0.000 99.695 0.000
201406 20.897 100.560 27.384
201409 21.539 100.428 28.262
201503 0.000 99.621 0.000
201506 16.514 100.684 21.614
201509 14.734 100.392 19.340
201603 0.000 100.470 0.000
201606 9.099 101.688 11.791
201609 7.787 101.861 10.074
201703 0.000 102.862 0.000
201706 6.237 103.349 7.953
201709 0.000 104.136 0.000
201803 3.906 105.290 4.889
201806 4.283 106.317 5.309
201809 3.727 106.507 4.611
201812 3.540 105.998 4.401
201903 3.285 107.251 4.036
201906 3.350 108.070 4.085
201909 3.108 108.329 3.781
201912 3.006 108.420 3.654
202003 2.902 108.902 3.512
202006 2.539 108.767 3.076
202009 2.140 109.815 2.568
202012 2.262 109.897 2.712
202103 2.051 111.754 2.418
202106 2.199 114.631 2.528
202109 2.246 115.734 2.557
202112 2.548 117.630 2.854
202203 2.553 121.301 2.773
202206 3.909 125.017 4.120
202209 3.722 125.227 3.917
202212 3.825 125.222 4.025
202303 3.716 127.348 3.845
202306 4.133 128.729 4.231
202309 5.582 129.860 5.664
202312 5.597 129.419 5.699
202403 6.071 131.776 6.071

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.


Tidewater  (NYSE:TDW) 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.


Tidewater Cyclically Adjusted PS Ratio Related Terms

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


Tidewater (Tidewater) Business Description

Industry
Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
Executives
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
David E Darling officer: EVP, COO & Chief HR Officer 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio officer: EVP, CFO & CAO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Lois K Zabrocky director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle director 777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Darron M. Anderson director 10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Quintin Kneen director, officer: Director, President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Daniel A. Hudson officer: EVP & General Counsel 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Kenneth H Traub director
Larry T Rigdon director 914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino director C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd director, officer: President and CEO 11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022

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