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Genesis Energy (NZSE:GNE) Cyclically Adjusted PS Ratio : 0.80 (As of May. 23, 2024)


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What is Genesis Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Genesis Energy's current share price is NZ$2.19. Genesis Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was NZ$2.74. Genesis Energy's Cyclically Adjusted PS Ratio for today is 0.80.

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

NZSE:GNE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 0.9   Max: 1
Current: 0.81

During the past 10 years, Genesis Energy's highest Cyclically Adjusted PS Ratio was 1.00. The lowest was 0.81. And the median was 0.90.

NZSE:GNE's Cyclically Adjusted PS Ratio is ranked better than
69.2% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs NZSE:GNE: 0.81

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.

Genesis Energy's adjusted revenue per share data of for the fiscal year that ended in Jun23 was NZ$2.255. 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 NZ$2.74 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genesis Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Genesis 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.

Genesis Energy Cyclically Adjusted PS Ratio Chart

Genesis Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
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Genesis Energy Semi-Annual Data
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Competitive Comparison of Genesis Energy's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Genesis 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.


Genesis Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Genesis Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Genesis 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.19/2.74
=0.80

* 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.

Genesis Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Genesis Energy's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=2.255/125.8458*125.8458
=2.255

Current CPI (Jun23) = 125.8458.

Genesis Energy Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.872 99.646 2.364
201506 2.079 100.063 2.615
201606 1.995 100.480 2.499
201706 1.935 102.231 2.382
201806 2.270 103.764 2.753
201906 2.645 105.502 3.155
202006 2.516 107.035 2.958
202106 3.089 110.614 3.514
202206 2.709 118.690 2.872
202306 2.255 125.846 2.255

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.


Genesis Energy  (NZSE:GNE) 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.


Genesis Energy Cyclically Adjusted PS Ratio Related Terms

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


Genesis Energy (NZSE:GNE) Business Description

Traded in Other Exchanges
Address
155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010
Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.