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Weatherford International (XPAR:WFT) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Weatherford International Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weatherford International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Weatherford International'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.

Weatherford International Cyclically Adjusted PS Ratio Chart

Weatherford International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 0.34 1.26 1.89 3.04

Weatherford International 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 2.10 2.24 2.90 3.04 3.40

Competitive Comparison of Weatherford International's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Weatherford International'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.


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

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

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



Weatherford International 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.

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

For example, Weatherford International'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)
=1.627/131.7762*131.7762
=1.627

Current CPI (Mar. 2024) = 131.7762.

Weatherford International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.556 100.560 4.660
201409 3.917 100.428 5.140
201412 3.936 99.070 5.235
201503 3.362 99.621 4.447
201506 2.773 100.684 3.629
201509 2.595 100.392 3.406
201512 2.405 99.792 3.176
201603 1.853 100.470 2.430
201606 1.625 101.688 2.106
201609 1.573 101.861 2.035
201612 1.736 101.863 2.246
201703 1.687 102.862 2.161
201706 1.580 103.349 2.015
201709 1.595 104.136 2.018
201712 1.639 104.011 2.077
201803 1.503 105.290 1.881
201806 1.614 106.317 2.001
201809 1.611 106.507 1.993
201812 1.636 105.998 2.034
201903 1.551 107.251 1.906
201906 1.508 108.070 1.839
201909 1.554 108.329 1.890
201912 1.154 108.420 1.403
202003 1.432 108.902 1.733
202006 0.949 108.767 1.150
202009 0.892 109.815 1.070
202012 0.901 109.897 1.080
202103 0.910 111.754 1.073
202106 0.976 114.631 1.122
202109 1.046 115.734 1.191
202112 1.112 117.630 1.246
202203 1.109 121.301 1.205
202206 1.311 125.017 1.382
202209 1.473 125.227 1.550
202212 1.486 125.222 1.564
202303 1.442 127.348 1.492
202306 1.531 128.729 1.567
202309 1.602 129.860 1.626
202312 1.626 129.419 1.656
202403 1.627 131.776 1.627

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.


Weatherford International  (XPAR:WFT) 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.


Weatherford International Cyclically Adjusted PS Ratio Related Terms

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


Weatherford International (XPAR:WFT) Business Description

Traded in Other Exchanges
Address
2000 St. James Place, Houston, TX, USA, 77056
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International (XPAR:WFT) Headlines

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