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Kelt Exploration (TSX:KEL) Cyclically Adjusted PS Ratio : 2.91 (As of Jun. 09, 2024)


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What is Kelt Exploration Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Kelt Exploration's current share price is C$6.09. Kelt Exploration's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$2.09. Kelt Exploration's Cyclically Adjusted PS Ratio for today is 2.91.

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

TSX:KEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.42   Med: 2.88   Max: 4.02
Current: 2.92

During the past years, Kelt Exploration's highest Cyclically Adjusted PS Ratio was 4.02. The lowest was 2.42. And the median was 2.88.

TSX:KEL's Cyclically Adjusted PS Ratio is ranked worse than
82.17% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TSX:KEL: 2.92

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.

Kelt Exploration's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.637. 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 C$2.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kelt Exploration Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kelt Exploration'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.

Kelt Exploration Cyclically Adjusted PS Ratio Chart

Kelt Exploration 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 - - - 2.75 2.78

Kelt Exploration 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 2.41 2.85 3.59 2.78 2.90

Competitive Comparison of Kelt Exploration's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Kelt Exploration'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.


Kelt Exploration's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Kelt Exploration 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.

Kelt Exploration's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.09/2.09
=2.91

* 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.

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

For example, Kelt Exploration'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)
=0.637/126.2576*126.2576
=0.637

Current CPI (Mar. 2024) = 126.2576.

Kelt Exploration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.412 99.473 0.523
201409 0.474 99.394 0.602
201412 0.418 98.367 0.537
201503 0.305 99.789 0.386
201506 0.336 100.500 0.422
201509 0.267 100.421 0.336
201512 0.252 99.947 0.318
201603 0.239 101.054 0.299
201606 0.234 102.002 0.290
201609 0.273 101.765 0.339
201612 0.317 101.449 0.395
201703 0.341 102.634 0.419
201706 0.339 103.029 0.415
201709 0.318 103.345 0.389
201712 0.449 103.345 0.549
201803 0.495 105.004 0.595
201806 0.534 105.557 0.639
201809 0.538 105.636 0.643
201812 0.544 105.399 0.652
201903 0.556 106.979 0.656
201906 0.546 107.690 0.640
201909 0.506 107.611 0.594
201912 0.527 107.769 0.617
202003 0.377 107.927 0.441
202006 0.242 108.401 0.282
202009 0.259 108.164 0.302
202012 0.223 108.559 0.259
202103 0.315 110.298 0.361
202106 0.318 111.720 0.359
202109 0.396 112.905 0.443
202112 0.627 113.774 0.696
202203 0.715 117.646 0.767
202206 0.914 120.806 0.955
202209 0.730 120.648 0.764
202212 0.778 120.964 0.812
202303 0.714 122.702 0.735
202306 0.560 124.203 0.569
202309 0.590 125.230 0.595
202312 0.648 125.072 0.654
202403 0.637 126.258 0.637

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.


Kelt Exploration  (TSX:KEL) 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.


Kelt Exploration Cyclically Adjusted PS Ratio Related Terms

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


Kelt Exploration (TSX:KEL) Business Description

Industry
Traded in Other Exchanges
Address
311 – 6th Avenue S.W, Suite 300, Calgary, AB, CAN, T2P 3H2
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.
Executives
Douglas Jeffery Errico Senior Officer

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