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Transocean (Transocean) Cyclically Adjusted PS Ratio : 0.60 (As of Apr. 28, 2024)


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What is Transocean Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Transocean's current share price is $5.87. Transocean's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.76. Transocean's Cyclically Adjusted PS Ratio for today is 0.60.

The historical rank and industry rank for Transocean's Cyclically Adjusted PS Ratio or its related term are showing as below:

RIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.43   Max: 2.52
Current: 0.6

During the past years, Transocean's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.04. And the median was 0.43.

RIG's Cyclically Adjusted PS Ratio is ranked better than
60.61% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs RIG: 0.60

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.

Transocean's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.918. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $9.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transocean Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transocean'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.

Transocean Cyclically Adjusted PS Ratio Chart

Transocean 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 0.39 0.15 0.20 0.38 0.65

Transocean Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.38 0.55 0.64 0.79 0.65

Competitive Comparison of Transocean's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Transocean'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.


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

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

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



Transocean 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.

Transocean's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.87/9.76
=0.60

* 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.

Transocean's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Transocean's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.918/106.4611*106.4611
=0.918

Current CPI (Dec. 2023) = 106.4611.

Transocean Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.479 101.224 6.814
201406 6.431 101.517 6.744
201409 6.271 101.247 6.594
201412 6.210 100.704 6.565
201503 5.628 100.339 5.971
201506 5.190 100.464 5.500
201509 4.418 99.785 4.714
201512 5.099 99.386 5.462
201603 3.684 99.475 3.943
201606 2.575 100.088 2.739
201609 2.482 99.604 2.653
201612 2.611 99.380 2.797
201703 2.013 100.040 2.142
201706 1.921 100.285 2.039
201709 2.066 100.254 2.194
201712 1.609 100.213 1.709
201803 1.516 100.836 1.601
201806 1.710 101.435 1.795
201809 1.762 101.246 1.853
201812 1.467 100.906 1.548
201903 1.234 101.571 1.293
201906 1.239 102.044 1.293
201909 1.279 101.396 1.343
201912 1.294 101.063 1.363
202003 1.236 101.048 1.302
202006 1.512 100.743 1.598
202009 1.101 100.585 1.165
202012 1.122 100.241 1.192
202103 1.058 100.800 1.117
202106 1.056 101.352 1.109
202109 0.959 101.533 1.006
202112 0.944 101.776 0.987
202203 0.883 103.205 0.911
202206 1.000 104.783 1.016
202209 0.968 104.835 0.983
202212 0.835 104.666 0.849
202303 0.891 106.245 0.893
202306 0.958 106.576 0.957
202309 0.921 106.570 0.920
202312 0.918 106.461 0.918

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.


Transocean  (NYSE:RIG) 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.


Transocean Cyclically Adjusted PS Ratio Related Terms

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


Transocean (Transocean) Business Description

Industry
Traded in Other Exchanges
Address
Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.
Executives
David A Tonnel officer: SVP and Corporate Controller 4 GREENWAY PLAZA, HOUSTON TX 77046
Mark-anthony Lovell Mey officer: EVP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Dell'osso Domenic J Jr director 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Chad C Deaton director 12001 N HOUSTON ROSSLYN, HOUSTON TX 77086
Keelan Adamson officer: President & COO 4 GREENWAY PLAZA, HOUSTON TX 77046
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Frederik Wilhelm Mohn director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Erestroika director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Jeremy D Thigpen director, officer: CEO
Howard E Davis officer: EVP, CAO & CIO 4 GREENWAY PLAZA, HOUSTON TX 77046
Brady K Long officer: EVP & General Counsel 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
De Saint Victor Diane director TURMSTRASSE 30, STEINHAUSEN V8 6312
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160