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PrairieSky Royalty (TSX:PSK) Cyclically Adjusted Revenue per Share : C$1.72 (As of Mar. 2024)


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What is PrairieSky Royalty 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.

PrairieSky Royalty's adjusted revenue per share for the three months ended in Mar. 2024 was C$0.505. 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$1.72 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), PrairieSky Royalty's current stock price is C$25.96. PrairieSky Royalty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.72. PrairieSky Royalty's Cyclically Adjusted PS Ratio of today is 15.09.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of PrairieSky Royalty was 16.19. The lowest was 14.92. And the median was 15.44.


PrairieSky Royalty Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PrairieSky Royalty'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.

PrairieSky Royalty Cyclically Adjusted Revenue per Share Chart

PrairieSky Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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PrairieSky Royalty 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 - - - - 1.72

Competitive Comparison of PrairieSky Royalty's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, PrairieSky Royalty'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.


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

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

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



PrairieSky Royalty 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, PrairieSky Royalty'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)
=0.505/126.2576*126.2576
=0.505

Current CPI (Mar. 2024) = 126.2576.

PrairieSky Royalty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.703 99.394 0.893
201412 0.000 98.367 0.000
201503 0.364 99.789 0.461
201506 0.479 100.500 0.602
201509 0.282 100.421 0.355
201512 0.266 99.947 0.336
201603 0.214 101.054 0.267
201606 0.210 102.002 0.260
201609 0.259 101.765 0.321
201612 0.297 101.449 0.370
201703 0.339 102.634 0.417
201706 0.431 103.029 0.528
201709 0.303 103.345 0.370
201712 0.387 103.345 0.473
201803 0.288 105.004 0.346
201806 0.323 105.557 0.386
201809 0.332 105.636 0.397
201812 0.220 105.399 0.264
201903 0.313 106.979 0.369
201906 0.296 107.690 0.347
201909 0.251 107.611 0.294
201912 0.287 107.769 0.336
202003 0.226 107.927 0.264
202006 0.121 108.401 0.141
202009 0.189 108.164 0.221
202012 0.210 108.559 0.244
202103 0.266 110.298 0.304
202106 0.313 111.720 0.354
202109 0.351 112.905 0.393
202112 0.445 113.774 0.494
202203 0.585 117.646 0.628
202206 0.829 120.806 0.866
202209 0.647 120.648 0.677
202212 0.630 120.964 0.658
202303 0.528 122.702 0.543
202306 0.491 124.203 0.499
202309 0.557 125.230 0.562
202312 0.571 125.072 0.576
202403 0.505 126.258 0.505

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


PrairieSky Royalty  (TSX:PSK) 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.

PrairieSky Royalty's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.96/1.72
=15.09

* 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 11 years, the highest Cyclically Adjusted PS Ratio of PrairieSky Royalty was 16.19. The lowest was 14.92. And the median was 15.44.


Be Aware

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


PrairieSky Royalty Cyclically Adjusted Revenue per Share Related Terms

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


PrairieSky Royalty (TSX:PSK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (TSX:PSK) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.
Executives
Leanne M. Bellegarde Director

PrairieSky Royalty (TSX:PSK) Headlines

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