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Exxon Mobil (Exxon Mobil) Cyclically Adjusted PS Ratio : 1.51 (As of Apr. 27, 2024)


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What is Exxon Mobil Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Exxon Mobil's current share price is $117.96. Exxon Mobil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $77.93. Exxon Mobil's Cyclically Adjusted PS Ratio for today is 1.51.

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

XOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.99   Max: 1.56
Current: 1.51

During the past years, Exxon Mobil's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.40. And the median was 0.99.

XOM's Cyclically Adjusted PS Ratio is ranked worse than
63.13% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs XOM: 1.51

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.

Exxon Mobil's adjusted revenue per share data for the three months ended in Dec. 2023 was $20.341. 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 $77.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Cyclically Adjusted PS Ratio Chart

Exxon Mobil 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 0.86 0.53 0.79 1.39 1.28

Exxon Mobil 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 1.39 1.37 1.35 1.48 1.28

Competitive Comparison of Exxon Mobil's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


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

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

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



Exxon Mobil 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.

Exxon Mobil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=117.96/77.93
=1.51

* 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.

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

For example, Exxon Mobil'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)
=20.341/129.4194*129.4194
=20.341

Current CPI (Dec. 2023) = 129.4194.

Exxon Mobil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 23.409 99.695 30.389
201406 24.603 100.560 31.664
201409 24.187 100.428 31.169
201412 19.794 99.070 25.858
201503 15.378 99.621 19.978
201506 16.990 100.684 21.839
201509 15.675 100.392 20.207
201512 9.102 99.792 11.804
201603 11.275 100.470 14.524
201606 13.490 101.688 17.169
201609 13.587 101.861 17.263
201612 9.678 101.863 12.296
201703 13.373 102.862 16.826
201706 13.118 103.349 16.427
201709 13.896 104.136 17.270
201712 15.288 104.011 19.023
201803 15.325 105.290 18.837
201806 16.731 106.317 20.367
201809 17.370 106.507 21.107
201812 15.996 105.998 19.531
201903 14.437 107.251 17.421
201906 15.802 108.070 18.924
201909 14.849 108.329 17.740
201912 14.760 108.420 17.619
202003 12.912 108.902 15.345
202006 7.557 108.767 8.992
202009 10.636 109.815 12.535
202012 10.701 109.897 12.602
202103 13.472 111.754 15.602
202106 15.578 114.631 17.588
202109 16.813 115.734 18.801
202112 19.019 117.630 20.925
202203 20.566 121.301 21.942
202206 26.285 125.017 27.211
202209 25.451 125.227 26.303
202212 22.509 125.222 23.264
202303 20.391 127.348 20.723
202306 19.871 128.729 19.978
202309 22.005 129.860 21.930
202312 20.341 129.419 20.341

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.


Exxon Mobil  (NYSE:XOM) 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.


Exxon Mobil Cyclically Adjusted PS Ratio Related Terms

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


Exxon Mobil (Exxon Mobil) Business Description

Industry
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298

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