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Tidelands Royalty Trust B (Tidelands Royalty Trust B) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Tidelands Royalty Trust B Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tidelands Royalty Trust B Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tidelands Royalty Trust B'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.

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Tidelands Royalty Trust B Cyclically Adjusted PS Ratio Chart

Tidelands Royalty Trust B Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Tidelands Royalty Trust B Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Tidelands Royalty Trust B's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Tidelands Royalty Trust B'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.


Tidelands Royalty Trust B's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tidelands Royalty Trust B's Cyclically Adjusted PS Ratio falls into.



Tidelands Royalty Trust B 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.

Tidelands Royalty Trust B's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Tidelands Royalty Trust B's adjusted Revenue per Share data for the three months ended in Sep. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.021/106.5067*106.5067
=0.021

Current CPI (Sep. 2018) = 106.5067.

Tidelands Royalty Trust B Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200812 0.841 88.697 1.010
200903 0.846 89.744 1.004
200906 0.457 91.003 0.535
200909 0.572 91.120 0.669
200912 0.385 91.111 0.450
201003 0.493 91.821 0.572
201006 0.380 91.962 0.440
201009 0.299 92.162 0.346
201012 0.416 92.474 0.479
201103 0.300 94.283 0.339
201106 0.196 95.235 0.219
201109 0.260 95.727 0.289
201112 0.206 95.213 0.230
201203 0.144 96.783 0.158
201206 0.219 96.819 0.241
201209 0.144 97.633 0.157
201212 0.192 96.871 0.211
201303 0.153 98.209 0.166
201306 0.058 98.518 0.063
201309 0.108 98.790 0.116
201312 0.160 98.326 0.173
201403 0.102 99.695 0.109
201406 0.095 100.560 0.101
201409 0.183 100.428 0.194
201412 0.138 99.070 0.148
201503 0.065 99.621 0.069
201506 0.056 100.684 0.059
201509 0.084 100.392 0.089
201512 0.066 99.792 0.070
201603 0.059 100.470 0.063
201606 0.026 101.688 0.027
201609 0.038 101.861 0.040
201612 0.045 101.863 0.047
201703 0.034 102.862 0.035
201706 0.038 103.349 0.039
201709 0.021 104.136 0.021
201712 0.027 104.011 0.028
201803 0.025 105.290 0.025
201806 0.017 106.317 0.017
201809 0.021 106.507 0.021

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.


Tidelands Royalty Trust B  (OTCPK:TIRTZ) 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.


Tidelands Royalty Trust B Cyclically Adjusted PS Ratio Related Terms

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Tidelands Royalty Trust B (Tidelands Royalty Trust B) Business Description

Traded in Other Exchanges
N/A
Address
c/o The Corporate Trustee Southwest Bank, 2911 Turtle Creek Boulevard, Dallas, TX, USA, 75219
Tidelands Royalty Trust B is a U.S based royalty trust. It is not permitted to engage in any business activity because it was organized for the sole purpose of providing means for the administration and liquidation of rights to interests in oil, natural gas or other mineral leases obtained by Gulf Oil Corporation in a designated area of the Gulf of Mexico. The Trust through its subsidiary holds title to interests in properties that are situated offshore of Louisiana.

Tidelands Royalty Trust B (Tidelands Royalty Trust B) Headlines