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Schlumberger (Schlumberger) Cyclically Adjusted Price-to-FCF : 14.95 (As of Apr. 27, 2024)


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What is Schlumberger Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Schlumberger's current share price is $49.20. Schlumberger's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.29. Schlumberger's Cyclically Adjusted Price-to-FCF for today is 14.95.

The historical rank and industry rank for Schlumberger's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SLB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.41   Med: 17.11   Max: 52.59
Current: 15.01

During the past years, Schlumberger's highest Cyclically Adjusted Price-to-FCF was 52.59. The lowest was 4.41. And the median was 17.11.

SLB's Cyclically Adjusted Price-to-FCF is ranked worse than
51.79% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs SLB: 15.01

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Schlumberger's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.070. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schlumberger Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Schlumberger's Cyclically Adjusted Price-to-FCF 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.

Schlumberger Cyclically Adjusted Price-to-FCF Chart

Schlumberger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.88 7.08 8.80 14.93 15.36

Schlumberger Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 13.56 13.72 16.58 15.36 16.65

Competitive Comparison of Schlumberger's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Schlumberger's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Schlumberger's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Schlumberger's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Schlumberger's Cyclically Adjusted Price-to-FCF falls into.



Schlumberger Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Schlumberger's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.20/3.29
=14.95

* 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.

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

For example, Schlumberger's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.07/129.4194*129.4194
=-0.070

Current CPI (Mar. 2024) = 129.4194.

Schlumberger Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.056 100.560 1.359
201409 1.546 100.428 1.992
201412 2.011 99.070 2.627
201503 0.827 99.621 1.074
201506 1.255 100.684 1.613
201509 1.445 100.392 1.863
201512 1.107 99.792 1.436
201603 0.392 100.470 0.505
201606 0.732 101.688 0.932
201609 0.599 101.861 0.761
201612 0.880 101.863 1.118
201703 0.113 102.862 0.142
201706 0.203 103.349 0.254
201709 0.910 104.136 1.131
201712 1.133 104.011 1.410
201803 0.063 105.290 0.077
201806 0.320 106.317 0.390
201809 0.895 106.507 1.088
201812 1.201 105.998 1.466
201903 -0.094 107.251 -0.113
201906 0.459 108.070 0.550
201909 0.910 108.329 1.087
201912 1.233 108.420 1.472
202003 0.247 108.902 0.294
202006 0.379 108.767 0.451
202009 0.183 109.815 0.216
202012 0.434 109.897 0.511
202103 0.172 111.754 0.199
202106 0.692 114.631 0.781
202109 0.560 115.734 0.626
202112 1.003 117.630 1.104
202203 -0.121 121.301 -0.129
202206 0.033 125.017 0.034
202209 0.770 125.227 0.796
202212 0.710 125.222 0.734
202303 -0.091 127.348 -0.092
202306 0.825 128.729 0.829
202309 0.757 129.860 0.754
202312 1.657 129.419 1.657
202403 -0.070 129.419 -0.070

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Schlumberger  (NYSE:SLB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Schlumberger Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Schlumberger's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Schlumberger (Schlumberger) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schlumberger Ltd (NYSE:SLB) » Definitions » Cyclically Adjusted Price-to-FCF
Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.
Executives
Mogharbel Khaled Al officer: President Drilling Group C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Stephane Biguet officer: VP Controller C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Gavin Rennick officer: VP, Human Resources 5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
De La Chevardiere Patrick director 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Demosthenis Pafitis officer: Chief Technology Officer 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Kevin Fyfe officer: VP Controller-Operations 5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
Katharina Beumelburg officer: Chief Sustainability Officer 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Howard Guild officer: Chief Accounting Officer C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77046
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Rakesh Jaggi officer: Pres Digital & Integration 5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
Vijay Kasibhatla officer: Director, M&A 5599 SAN FELIPE 17 FLOOR, HOUSTON TX 77056
Rajeev Sonthalia officer: President, IPM 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Abdellah Merad officer: VP Controller, Operations 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Dianne B. Ralston officer: Chief Legal Officer C/O TECHNIPFMC PLC, 11740 KATY FREEWAY, ENERGY TOWER 3, HOUSTON TX 77079
Ugo Prechner officer: VP Controller 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056

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