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Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Cyclically Adjusted PS Ratio : 0.84 (As of May. 22, 2024)


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What is Chesapeake Granite Wash Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Chesapeake Granite Wash Trust's current share price is $0.4475. Chesapeake Granite Wash Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.53. Chesapeake Granite Wash Trust's Cyclically Adjusted PS Ratio for today is 0.84.

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

CHKR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.17   Max: 1.61
Current: 0.84

During the past years, Chesapeake Granite Wash Trust's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.26. And the median was 1.17.

CHKR's Cyclically Adjusted PS Ratio is ranked better than
53.5% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs CHKR: 0.84

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.

Chesapeake Granite Wash Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.041. 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 $0.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Granite Wash Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chesapeake Granite Wash Trust'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.

Chesapeake Granite Wash Trust Cyclically Adjusted PS Ratio Chart

Chesapeake Granite Wash Trust 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 - - 0.64 1.31 1.01

Chesapeake Granite Wash Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.60 1.59 1.01 1.08

Competitive Comparison of Chesapeake Granite Wash Trust's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Chesapeake Granite Wash Trust'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.


Chesapeake Granite Wash Trust's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Chesapeake Granite Wash Trust's Cyclically Adjusted PS Ratio falls into.



Chesapeake Granite Wash Trust 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.

Chesapeake Granite Wash Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4475/0.53
=0.84

* 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.

Chesapeake Granite Wash Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chesapeake Granite Wash Trust'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)
=0.041/131.7762*131.7762
=0.041

Current CPI (Mar. 2024) = 131.7762.

Chesapeake Granite Wash Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.542 100.560 0.710
201409 0.505 100.428 0.663
201412 0.444 99.070 0.591
201503 0.339 99.621 0.448
201506 0.176 100.684 0.230
201509 0.146 100.392 0.192
201512 0.118 99.792 0.156
201603 0.087 100.470 0.114
201606 0.050 101.688 0.065
201609 0.056 101.861 0.072
201612 0.073 101.863 0.094
201703 0.081 102.862 0.104
201706 0.097 103.349 0.124
201709 0.084 104.136 0.106
201712 0.073 104.011 0.092
201803 0.084 105.290 0.105
201806 0.072 106.317 0.089
201809 0.068 106.507 0.084
201812 0.065 105.998 0.081
201903 0.072 107.251 0.088
201906 0.054 108.070 0.066
201909 0.046 108.329 0.056
201912 0.038 108.420 0.046
202003 0.043 108.902 0.052
202006 0.038 108.767 0.046
202009 0.008 109.815 0.010
202012 0.016 109.897 0.019
202103 0.020 111.754 0.024
202106 0.054 114.631 0.062
202109 0.049 115.734 0.056
202112 0.062 117.630 0.069
202203 0.079 121.301 0.086
202206 0.069 125.017 0.073
202209 0.095 125.227 0.100
202212 0.096 125.222 0.101
202303 0.085 127.348 0.088
202306 0.062 128.729 0.063
202309 0.040 129.860 0.041
202312 0.041 129.419 0.042
202403 0.041 131.776 0.041

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.


Chesapeake Granite Wash Trust  (OTCPK:CHKR) 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.


Chesapeake Granite Wash Trust Cyclically Adjusted PS Ratio Related Terms

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


Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
Chesapeake Granite Wash Trust is a statutory trust which is formed to own the royalty interests for the benefit of trust unitholders. The Royalty Interests are derived from Chesapeake Energy Corporation's interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The trust also has an interest in producing Wells and the development Wells. Majority revenue of the company comes from oil, natural gas and NGL.
Executives
Chesapeake Energy Corp 10 percent owner 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
Chesapeake Exploration Llc 10 percent owner 6100 N. WESTERN AVENUE, PO BOX 18496, OKC OK 73154-0496

Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Headlines