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Tetra Technologies (Tetra Technologies) Cyclically Adjusted Revenue per Share : $8.05 (As of Dec. 2023)


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What is Tetra Technologies 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.

Tetra Technologies's adjusted revenue per share for the three months ended in Dec. 2023 was $1.156. 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 $8.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tetra Technologies's average Cyclically Adjusted Revenue Growth Rate was -8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% 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 Tetra Technologies was 17.60% per year. The lowest was -7.30% per year. And the median was 9.00% per year.

As of today (2024-04-27), Tetra Technologies's current stock price is $4.56. Tetra Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.05. Tetra Technologies's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tetra Technologies was 1.18. The lowest was 0.02. And the median was 0.39.


Tetra Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tetra Technologies'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.

Tetra Technologies Cyclically Adjusted Revenue per Share Chart

Tetra Technologies 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 10.49 9.58 9.21 8.79 8.05

Tetra Technologies 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 8.79 8.71 8.57 8.33 8.05

Competitive Comparison of Tetra Technologies's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Tetra Technologies'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.


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

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

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



Tetra Technologies 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, Tetra Technologies'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)
=1.156/129.4194*129.4194
=1.156

Current CPI (Dec. 2023) = 129.4194.

Tetra Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.718 99.695 3.528
201406 3.088 100.560 3.974
201409 3.894 100.428 5.018
201412 4.004 99.070 5.231
201503 3.182 99.621 4.134
201506 3.958 100.684 5.088
201509 3.824 100.392 4.930
201512 3.245 99.792 4.208
201603 2.132 100.470 2.746
201606 2.146 101.688 2.731
201609 1.924 101.861 2.445
201612 1.021 101.863 1.297
201703 1.395 102.862 1.755
201706 1.571 103.349 1.967
201709 1.603 104.136 1.992
201712 1.742 104.011 2.168
201803 1.695 105.290 2.083
201806 2.123 106.317 2.584
201809 2.044 106.507 2.484
201812 -1.242 105.998 -1.516
201903 1.939 107.251 2.340
201906 2.299 108.070 2.753
201909 1.959 108.329 2.340
201912 -1.730 108.420 -2.065
202003 1.057 108.902 1.256
202006 0.763 108.767 0.908
202009 0.584 109.815 0.688
202012 0.599 109.897 0.705
202103 0.613 111.754 0.710
202106 0.808 114.631 0.912
202109 0.742 115.734 0.830
202112 0.891 117.630 0.980
202203 1.006 121.301 1.073
202206 1.082 125.017 1.120
202209 1.051 125.227 1.086
202212 1.134 125.222 1.172
202303 1.125 127.348 1.143
202306 1.350 128.729 1.357
202309 1.147 129.860 1.143
202312 1.156 129.419 1.156

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


Tetra Technologies  (NYSE:TTI) 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.

Tetra Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.56/8.05
=0.57

* 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 Tetra Technologies was 1.18. The lowest was 0.02. And the median was 0.39.


Be Aware

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


Tetra Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Tetra Technologies (Tetra Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tetra Technologies Inc (NYSE:TTI) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
24955 Interstate 45 North, The Woodlands, TX, USA, 77380
Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has two reporting segments namely Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services.
Executives
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Christian A Garcia director 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
Roy Mcniven officer: Sr. Vice President 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Matthew Sanderson officer: Sr. Vice President 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Timothy C Moeller officer: VP & Chief Procurement Officer 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Brady M Murphy officer: President & COO 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano officer: Sr. Vice President & CFO 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
William D Sullivan director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mcgee Sharon D. Booth director 24955 I-45 NORTH, THE WOODLANDS TX 77380
Richard D O'brien officer: VP-Finance & Global Controller 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Boston Shoemake Alicia R officer: General Counsel 24955 I-45 NORTH, THE WOODLANDS TX 77380
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Gina Luna director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Wallace Bass C Jr officer: General Counsel & Secretary 24955 INTERSTATE 45 N, THE WOODLANDS X1 77380
Mark E Baldwin director TETRA TECHNOLOGIES, INC., 24955 I 45 N, THE WOODLANDS TX 77380