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Obsidian Energy (TSX:OBE) Cyclically Adjusted Revenue per Share : C$11.88 (As of Mar. 2024)


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What is Obsidian Energy 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.

Obsidian Energy's adjusted revenue per share for the three months ended in Mar. 2024 was C$2.304. 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 C$11.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Obsidian Energy's average Cyclically Adjusted Revenue Growth Rate was -24.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -19.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -17.60% 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 Obsidian Energy was -11.50% per year. The lowest was -19.70% per year. And the median was -16.40% per year.

As of today (2024-06-06), Obsidian Energy's current stock price is C$9.81. Obsidian Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$11.88. Obsidian Energy's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Obsidian Energy was 1.15. The lowest was 0.01. And the median was 0.23.


Obsidian Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Obsidian Energy'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.

Obsidian Energy Cyclically Adjusted Revenue per Share Chart

Obsidian Energy 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 29.73 24.71 20.25 16.63 12.80

Obsidian Energy 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 15.82 14.84 13.78 12.80 11.88

Competitive Comparison of Obsidian Energy's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Obsidian Energy'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.


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

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

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



Obsidian Energy 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, Obsidian Energy'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)
=2.304/126.2576*126.2576
=2.304

Current CPI (Mar. 2024) = 126.2576.

Obsidian Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.734 99.473 12.355
201409 8.418 99.394 10.693
201412 6.479 98.367 8.316
201503 4.342 99.789 5.494
201506 5.074 100.500 6.374
201509 3.805 100.421 4.784
201512 3.331 99.947 4.208
201603 2.662 101.054 3.326
201606 2.565 102.002 3.175
201609 1.603 101.765 1.989
201612 1.643 101.449 2.045
201703 1.737 102.634 2.137
201706 1.499 103.029 1.837
201709 1.319 103.345 1.611
201712 1.693 103.345 2.068
201803 1.610 105.004 1.936
201806 1.687 105.557 2.018
201809 1.710 105.636 2.044
201812 0.939 105.399 1.125
201903 1.407 106.979 1.661
201906 1.493 107.690 1.750
201909 1.274 107.611 1.495
201912 1.583 107.769 1.855
202003 1.129 107.927 1.321
202006 0.686 108.401 0.799
202009 1.054 108.164 1.230
202012 1.039 108.559 1.208
202103 1.261 110.298 1.443
202106 1.502 111.720 1.697
202109 1.668 112.905 1.865
202112 1.948 113.774 2.162
202203 2.496 117.646 2.679
202206 3.336 120.806 3.487
202209 2.559 120.648 2.678
202212 2.505 120.964 2.615
202303 2.263 122.702 2.329
202306 2.057 124.203 2.091
202309 2.496 125.230 2.516
202312 2.079 125.072 2.099
202403 2.304 126.258 2.304

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


Obsidian Energy  (TSX:OBE) 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.

Obsidian Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.81/11.88
=0.83

* 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 Obsidian Energy was 1.15. The lowest was 0.01. And the median was 0.23.


Be Aware

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


Obsidian Energy Cyclically Adjusted Revenue per Share Related Terms

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


Obsidian Energy (TSX:OBE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Obsidian Energy Ltd (TSX:OBE) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.
Executives
Mark Kristian Rodger Hawkins Senior Officer