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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Cyclically Adjusted Revenue per Share : $14.97 (As of Dec. 2023)


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What is Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras's adjusted revenue per share for the three months ended in Dec. 2023 was $3.716. 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 $14.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Petroleo Brasileiro Petrobras's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% 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 Petroleo Brasileiro Petrobras was 6.70% per year. The lowest was -4.10% per year. And the median was 3.45% per year.

As of today (2024-04-27), Petroleo Brasileiro Petrobras's current stock price is $17.05. Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.97. Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Petroleo Brasileiro Petrobras was 1.21. The lowest was 0.18. And the median was 0.71.


Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.17 11.71 11.82 13.59 14.97

Petroleo Brasileiro Petrobras Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.59 14.40 15.31 14.53 14.97

Competitive Comparison of Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.


Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Petroleo Brasileiro Petrobras 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, Petroleo Brasileiro Petrobras'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)
=3.716/156.2729*156.2729
=3.716

Current CPI (Dec. 2023) = 156.2729.

Petroleo Brasileiro Petrobras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.154 90.447 8.905
201406 5.872 91.838 9.992
201409 6.442 92.602 10.871
201412 6.511 94.194 10.802
201503 4.101 97.799 6.553
201506 4.004 100.006 6.257
201509 4.090 101.392 6.304
201512 3.165 104.247 4.745
201603 2.689 106.979 3.928
201606 2.955 108.851 4.242
201609 3.316 109.986 4.712
201612 3.169 110.802 4.469
201703 3.357 111.869 4.689
201706 3.203 112.115 4.465
201709 3.538 112.777 4.903
201712 2.342 114.068 3.209
201803 3.550 114.868 4.830
201806 3.261 117.038 4.354
201809 3.408 117.881 4.518
201812 2.890 118.340 3.816
201903 2.946 120.124 3.833
201906 2.811 120.977 3.631
201909 3.006 121.292 3.873
201912 2.700 123.436 3.418
202003 2.795 124.092 3.520
202006 1.514 123.557 1.915
202009 2.103 125.095 2.627
202012 1.640 129.012 1.987
202103 2.467 131.660 2.928
202106 3.172 133.871 3.703
202109 3.659 137.913 4.146
202112 3.885 141.992 4.276
202203 3.998 146.537 4.264
202206 5.464 149.784 5.701
202209 5.117 147.800 5.410
202212 4.356 150.207 4.532
202303 4.016 153.352 4.092
202306 3.527 154.519 3.567
202309 4.004 155.464 4.025
202312 3.716 156.273 3.716

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


Petroleo Brasileiro Petrobras  (NYSE:PBR) 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.

Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.05/14.97
=1.14

* 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 Petroleo Brasileiro Petrobras was 1.21. The lowest was 0.18. And the median was 0.71.


Be Aware

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


Petroleo Brasileiro Petrobras Cyclically Adjusted Revenue per Share Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry
Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.