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East West Petroleum (TSXV:EW) Cyclically Adjusted PS Ratio : 1.75 (As of Jun. 10, 2024)


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What is East West Petroleum Cyclically Adjusted PS Ratio?

As of today (2024-06-10), East West Petroleum's current share price is C$0.07. East West Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.04. East West Petroleum's Cyclically Adjusted PS Ratio for today is 1.75.

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

TSXV:EW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 2.33   Max: 7.5
Current: 1.79

During the past years, East West Petroleum's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 1.00. And the median was 2.33.

TSXV:EW's Cyclically Adjusted PS Ratio is ranked worse than
70.09% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TSXV:EW: 1.79

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.

East West Petroleum's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.008. 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$0.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


East West Petroleum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East West Petroleum'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.

East West Petroleum Cyclically Adjusted PS Ratio Chart

East West Petroleum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 1.05 1.78 2.31 1.75

East West Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.07 1.75 1.70 1.53 1.54

Competitive Comparison of East West Petroleum's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, East West Petroleum'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.


East West Petroleum's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where East West Petroleum's Cyclically Adjusted PS Ratio falls into.



East West Petroleum 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.

East West Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.07/0.04
=1.75

* 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.

East West Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, East West Petroleum's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.008/125.0724*125.0724
=0.008

Current CPI (Dec. 2023) = 125.0724.

East West Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.019 99.473 0.024
201409 0.022 99.394 0.028
201412 0.016 98.367 0.020
201503 0.014 99.789 0.018
201506 0.013 100.500 0.016
201509 0.011 100.421 0.014
201512 0.007 99.947 0.009
201603 0.006 101.054 0.007
201606 0.006 102.002 0.007
201609 0.005 101.765 0.006
201612 0.007 101.449 0.009
201703 0.006 102.634 0.007
201706 0.005 103.029 0.006
201709 0.006 103.345 0.007
201712 0.006 103.345 0.007
201803 0.005 105.004 0.006
201806 0.009 105.557 0.011
201809 0.009 105.636 0.011
201812 0.007 105.399 0.008
201903 0.005 106.979 0.006
201906 0.013 107.690 0.015
201909 0.004 107.611 0.005
201912 0.007 107.769 0.008
202003 0.017 107.927 0.020
202006 0.006 108.401 0.007
202009 0.007 108.164 0.008
202012 0.005 108.559 0.006
202103 0.009 110.298 0.010
202106 0.003 111.720 0.003
202109 0.005 112.905 0.006
202112 0.007 113.774 0.008
202203 0.004 117.646 0.004
202206 0.011 120.806 0.011
202209 0.007 120.648 0.007
202212 0.006 120.964 0.006
202303 0.006 122.702 0.006
202306 0.007 124.203 0.007
202309 0.008 125.230 0.008
202312 0.008 125.072 0.008

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.


East West Petroleum  (TSXV:EW) 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.


East West Petroleum Cyclically Adjusted PS Ratio Related Terms

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


East West Petroleum (TSXV:EW) Business Description

Industry
Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its producing oil and gas property in New Zealand is the Taranaki Basin which is located near the west coast of the North Island. The company derives its revenue from acquisition, exploration, and production of oil and gas properties.
Executives
Kevin Haney Director