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VAALCO Energy (FRA:VAW) Cyclically Adjusted PS Ratio : 2.05 (As of Jun. 08, 2024)


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What is VAALCO Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-08), VAALCO Energy's current share price is €5.452. VAALCO Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.66. VAALCO Energy's Cyclically Adjusted PS Ratio for today is 2.05.

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

FRA:VAW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.98   Max: 3.57
Current: 2.03

During the past years, VAALCO Energy's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 0.26. And the median was 0.98.

FRA:VAW's Cyclically Adjusted PS Ratio is ranked worse than
72.66% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:VAW: 2.03

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.

VAALCO Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.881. 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 €2.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VAALCO Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VAALCO Energy'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.

VAALCO Energy Cyclically Adjusted PS Ratio Chart

VAALCO Energy 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 0.91 0.77 1.35 1.71 1.60

VAALCO Energy 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 1.69 1.35 1.55 1.60 2.41

Competitive Comparison of VAALCO Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, VAALCO Energy'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.


VAALCO Energy's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



VAALCO Energy 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.

VAALCO Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.452/2.66
=2.05

* 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.

VAALCO Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, VAALCO Energy'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)
=0.881/131.7762*131.7762
=0.881

Current CPI (Mar. 2024) = 131.7762.

VAALCO Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.666 100.560 0.873
201409 0.328 100.428 0.430
201412 0.323 99.070 0.430
201503 0.291 99.621 0.385
201506 0.415 100.684 0.543
201509 0.268 100.392 0.352
201512 0.275 99.792 0.363
201603 0.168 100.470 0.220
201606 0.287 101.688 0.372
201609 0.222 101.861 0.287
201612 0.404 101.863 0.523
201703 0.389 102.862 0.498
201706 0.356 103.349 0.454
201709 0.299 104.136 0.378
201712 0.284 104.011 0.360
201803 0.431 105.290 0.539
201806 0.399 106.317 0.495
201809 0.407 106.507 0.504
201812 0.464 105.998 0.577
201903 0.328 107.251 0.403
201906 0.430 108.070 0.524
201909 0.311 108.329 0.378
201912 0.387 108.420 0.470
202003 0.333 108.902 0.403
202006 0.320 108.767 0.388
202009 0.308 109.815 0.370
202012 0.205 109.897 0.246
202103 0.656 111.754 0.774
202106 0.753 114.631 0.866
202109 0.923 115.734 1.051
202112 0.544 117.630 0.609
202203 1.191 121.301 1.294
202206 2.032 125.017 2.142
202209 1.529 125.227 1.609
202212 0.548 125.222 0.577
202303 0.691 127.348 0.715
202306 1.293 128.729 1.324
202309 1.096 129.860 1.112
202312 1.077 129.419 1.097
202403 0.881 131.776 0.881

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.


VAALCO Energy  (FRA:VAW) 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.


VAALCO Energy Cyclically Adjusted PS Ratio Related Terms

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


VAALCO Energy (FRA:VAW) Business Description

Industry
Traded in Other Exchanges
Address
9800 Richmond Avenue, Suite 700, Houston, TX, USA, 77042
VAALCO Energy Inc is an independent energy company operating in the United States. It is principally engaged in the acquisition, exploration, development, and production of crude oil and natural gas. The company operates through geographical segments namely Gabon, Egypt, Canada, Equatorial Guinea and Corporate and Other. The company generates maximum revenue from the Gabon segment.