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Helmerich & Payne (Helmerich & Payne) Cyclically Adjusted Revenue per Share : $25.42 (As of Mar. 2024)


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What is Helmerich & Payne 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.

Helmerich & Payne's adjusted revenue per share for the three months ended in Mar. 2024 was $6.946. 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 $25.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Helmerich & Payne's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 Helmerich & Payne was 20.90% per year. The lowest was -0.30% per year. And the median was 7.00% per year.

As of today (2024-04-28), Helmerich & Payne's current stock price is $40.39. Helmerich & Payne's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $25.42. Helmerich & Payne's Cyclically Adjusted PS Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Helmerich & Payne was 5.79. The lowest was 0.49. And the median was 2.10.


Helmerich & Payne Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Helmerich & Payne'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.

Helmerich & Payne Cyclically Adjusted Revenue per Share Chart

Helmerich & Payne Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.62 26.55 26.26 26.61 26.28

Helmerich & Payne 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 26.45 26.43 26.28 25.79 25.42

Competitive Comparison of Helmerich & Payne's Cyclically Adjusted Revenue per Share

For the Oil & Gas Drilling subindustry, Helmerich & Payne'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.


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

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

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



Helmerich & Payne 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, Helmerich & Payne'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)
=6.946/129.4194*129.4194
=6.946

Current CPI (Mar. 2024) = 129.4194.

Helmerich & Payne Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.712 100.560 11.212
201409 8.978 100.428 11.570
201412 9.746 99.070 12.732
201503 8.173 99.621 10.618
201506 6.098 100.684 7.838
201509 5.101 100.392 6.576
201512 4.500 99.792 5.836
201603 4.040 100.470 5.204
201606 3.392 101.688 4.317
201609 3.069 101.861 3.899
201612 3.404 101.863 4.325
201703 3.733 102.862 4.697
201706 4.592 103.349 5.750
201709 4.902 104.136 6.092
201712 5.171 104.011 6.434
201803 5.304 105.290 6.520
201806 5.958 106.317 7.253
201809 6.362 106.507 7.731
201812 6.768 105.998 8.263
201903 6.583 107.251 7.944
201906 6.287 108.070 7.529
201909 5.960 108.329 7.120
201912 5.653 108.420 6.748
202003 5.837 108.902 6.937
202006 2.954 108.767 3.515
202009 1.938 109.815 2.284
202012 2.289 109.897 2.696
202103 2.746 111.754 3.180
202106 3.079 114.631 3.476
202109 3.186 115.734 3.563
202112 3.809 117.630 4.191
202203 4.437 121.301 4.734
202206 5.190 125.017 5.373
202209 5.849 125.227 6.045
202212 6.782 125.222 7.009
202303 7.371 127.348 7.491
202306 7.129 128.729 7.167
202309 6.606 129.860 6.584
202312 6.797 129.419 6.797
202403 6.946 129.419 6.946

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


Helmerich & Payne  (NYSE:HP) 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.

Helmerich & Payne's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.39/25.42
=1.59

* 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 Helmerich & Payne was 5.79. The lowest was 0.49. And the median was 2.10.


Be Aware

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


Helmerich & Payne Cyclically Adjusted Revenue per Share Related Terms

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


Helmerich & Payne (Helmerich & Payne) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Helmerich & Payne Inc (NYSE:HP) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small but growing presence internationally.
Executives
Adams Raymond John Iii officer: SVP Sales, Marketing & Digital 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Elizabeth R Killinger director NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
John W Lindsay director, officer: President and CEO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
John R. Bell officer: SVP, Int'l & Offshore Ops, sub 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Mark W. Smith officer: Senior VP and CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Cara M. Hair officer: SVP, Corp. Services & CLO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Sara Marie Momper officer: VP, CAO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Michael Lennox officer: SVP, US Land Ops, drilling sub 1437 S. BOULDER AVE., SUITE 140, TULSA OK 74119
Todd Willard Benson officer: President of H&P Technologies 1437 S. BOULDER AVENUE, SUITE 1400, TULSA OK 74119
Belgacem Chariag director TECHNO PARK, SHEIKH ZAYED ROAD, DUBAI C0 00000
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Kevin G. Cramton director 502 SAINT DAVIDS AVENUE, WAYNE PA 19087
Delaney Murchison Bellinger director 524 E. 24TH STREET, HOUSTON TX 77008
Jose Ramon Mas director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134