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Independent Petroleum Group KSCP (KUW:IPG) Cyclically Adjusted PS Ratio : 0.09 (As of Jun. 10, 2024)


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What is Independent Petroleum Group KSCP Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Independent Petroleum Group KSCP's current share price is KWD0.49. Independent Petroleum Group KSCP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD5.63. Independent Petroleum Group KSCP's Cyclically Adjusted PS Ratio for today is 0.09.

The historical rank and industry rank for Independent Petroleum Group KSCP's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:IPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.09
Current: 0.09

During the past years, Independent Petroleum Group KSCP's highest Cyclically Adjusted PS Ratio was 0.09. The lowest was 0.07. And the median was 0.08.

KUW:IPG's Cyclically Adjusted PS Ratio is ranked better than
91.3% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs KUW:IPG: 0.09

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.

Independent Petroleum Group KSCP's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD1.923. 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 KWD5.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Independent Petroleum Group KSCP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Cyclically Adjusted PS Ratio Chart

Independent Petroleum Group KSCP 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 - - - 0.09 0.08

Independent Petroleum Group KSCP 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 0.08 0.09 0.08 0.08 0.08

Competitive Comparison of Independent Petroleum Group KSCP's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Cyclically Adjusted PS Ratio falls into.



Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.49/5.63
=0.09

* 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.

Independent Petroleum Group KSCP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Independent Petroleum Group KSCP'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)
=1.923/131.7762*131.7762
=1.923

Current CPI (Mar. 2024) = 131.7762.

Independent Petroleum Group KSCP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.533 100.560 2.009
201409 1.632 100.428 2.141
201412 1.015 99.070 1.350
201503 0.837 99.621 1.107
201506 1.215 100.684 1.590
201509 0.962 100.392 1.263
201512 0.910 99.792 1.202
201603 0.931 100.470 1.221
201606 0.862 101.688 1.117
201609 0.896 101.861 1.159
201612 0.726 101.863 0.939
201703 0.972 102.862 1.245
201706 0.810 103.349 1.033
201709 0.796 104.136 1.007
201712 0.674 104.011 0.854
201803 0.894 105.290 1.119
201806 1.242 106.317 1.539
201809 1.094 106.507 1.354
201812 0.949 105.998 1.180
201903 0.922 107.251 1.133
201906 1.018 108.070 1.241
201909 0.943 108.329 1.147
201912 0.760 108.420 0.924
202003 0.871 108.902 1.054
202006 0.417 108.767 0.505
202009 0.711 109.815 0.853
202012 0.854 109.897 1.024
202103 1.609 111.754 1.897
202106 1.331 114.631 1.530
202109 1.233 115.734 1.404
202112 1.365 117.630 1.529
202203 2.131 121.301 2.315
202206 2.601 125.017 2.742
202209 2.871 125.227 3.021
202212 1.502 125.222 1.581
202303 1.388 127.348 1.436
202306 1.046 128.729 1.071
202309 1.633 129.860 1.657
202312 1.837 129.419 1.870
202403 1.923 131.776 1.923

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.


Independent Petroleum Group KSCP  (KUW:IPG) 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.


Independent Petroleum Group KSCP Cyclically Adjusted PS Ratio Related Terms

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


Independent Petroleum Group KSCP (KUW:IPG) Business Description

Traded in Other Exchanges
N/A
Address
Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.