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PrimeEnergy Resources (PrimeEnergy Resources) Cyclically Adjusted Revenue per Share : $45.34 (As of Mar. 2024)


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What is PrimeEnergy Resources 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.

PrimeEnergy Resources's adjusted revenue per share for the three months ended in Mar. 2024 was $16.532. 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 $45.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PrimeEnergy Resources's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% 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 PrimeEnergy Resources was 24.60% per year. The lowest was -0.20% per year. And the median was 14.60% per year.

As of today (2024-06-01), PrimeEnergy Resources's current stock price is $111.00. PrimeEnergy Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $45.34. PrimeEnergy Resources's Cyclically Adjusted PS Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PrimeEnergy Resources was 4.81. The lowest was 0.73. And the median was 1.73.


PrimeEnergy Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PrimeEnergy Resources'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.

PrimeEnergy Resources Cyclically Adjusted Revenue per Share Chart

PrimeEnergy Resources 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 38.67 38.12 40.13 43.17 44.16

PrimeEnergy Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 43.66 43.72 44.22 44.16 45.34

Competitive Comparison of PrimeEnergy Resources's Cyclically Adjusted Revenue per Share

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


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

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

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



PrimeEnergy Resources 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, PrimeEnergy Resources'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)
=16.532/131.7762*131.7762
=16.532

Current CPI (Mar. 2024) = 131.7762.

PrimeEnergy Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.403 100.560 12.322
201409 13.093 100.428 17.180
201412 14.247 99.070 18.950
201503 7.420 99.621 9.815
201506 8.428 100.684 11.031
201509 9.298 100.392 12.205
201512 6.637 99.792 8.764
201603 4.322 100.470 5.669
201606 4.616 101.688 5.982
201609 5.413 101.861 7.003
201612 4.286 101.863 5.545
201703 6.744 102.862 8.640
201706 7.301 103.349 9.309
201709 7.854 104.136 9.939
201712 10.283 104.011 13.028
201803 9.837 105.290 12.312
201806 10.671 106.317 13.226
201809 10.404 106.507 12.872
201812 13.492 105.998 16.773
201903 11.988 107.251 14.729
201906 11.311 108.070 13.792
201909 10.178 108.329 12.381
201912 7.352 108.420 8.936
202003 13.087 108.902 15.836
202006 3.648 108.767 4.420
202009 4.288 109.815 5.146
202012 6.638 109.897 7.960
202103 6.522 111.754 7.690
202106 6.007 114.631 6.905
202109 8.682 115.734 9.885
202112 15.144 117.630 16.965
202203 9.474 121.301 10.292
202206 13.001 125.017 13.704
202209 14.588 125.227 15.351
202212 13.582 125.222 14.293
202303 8.386 127.348 8.678
202306 11.198 128.729 11.463
202309 13.631 129.860 13.832
202312 13.752 129.419 14.002
202403 16.532 131.776 16.532

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


PrimeEnergy Resources  (NAS:PNRG) 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.

PrimeEnergy Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=111.00/45.34
=2.45

* 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 PrimeEnergy Resources was 4.81. The lowest was 0.73. And the median was 1.73.


Be Aware

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


PrimeEnergy Resources Cyclically Adjusted Revenue per Share Related Terms

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


PrimeEnergy Resources (PrimeEnergy Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9821 Katy Freeway, Houston, TX, USA, 77024
PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and provide well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.
Executives
Rothschild Robert De 10 percent owner 1251 AVENUE OF THE AMERICAS 51ST FL, NEW YORK NY 10020
Clint Hurt director 4015 HOLLAND #101, DALLAS TX 75219
Drimal Charles E Jr director, 10 percent owner, officer: Chief Executive Officer 4015 HOLLAND #101, DALLAS TX 75219
Gaines Wehrle director, 10 percent owner
Gifford Fong director
Jan K Smeets director 4015 HOLLAND #101, DALLAS TX 75219
Mcjunkin Red Man Holding Corp 10 percent owner FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Mcjunkin Red Man Corp 10 percent owner 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Rene Pierre Azria 10 percent owner C/O JARDEN CORP, 555 THEODORE FREMD AVE, RYE NY 10580
Gimbel Thomas S T director
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Gs Capital Partners Vi Gmbh & Co Kg 10 percent owner 200 WEST STREET, New York NY 10282
Gs Capital Partners Vi Parallel Lp 10 percent owner 85 Broad St, New York NY 10004
Gs Advisors Vi, L.l.c. 10 percent owner 1209 ORANGE STREET, WILMINGTON DE 19801

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