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NG Energy International (TSXV:GASX) Cyclically Adjusted PS Ratio : 4.00 (As of May. 26, 2024)


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What is NG Energy International Cyclically Adjusted PS Ratio?

As of today (2024-05-26), NG Energy International's current share price is C$0.84. NG Energy International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.21. NG Energy International's Cyclically Adjusted PS Ratio for today is 4.00.

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

TSXV:GASX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 2.27   Max: 14.81
Current: 4.03

During the past years, NG Energy International's highest Cyclically Adjusted PS Ratio was 14.81. The lowest was 0.37. And the median was 2.27.

TSXV:GASX's Cyclically Adjusted PS Ratio is ranked worse than
89.04% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TSXV:GASX: 4.03

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.

NG Energy International's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.045. 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$0.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NG Energy International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NG Energy International'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.

NG Energy International Cyclically Adjusted PS Ratio Chart

NG Energy International 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 1.18 - - 4.11 4.75

NG Energy International 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 4.11 3.06 2.99 5.60 4.75

Competitive Comparison of NG Energy International's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, NG Energy International'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.


NG Energy International's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



NG Energy International 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.84/0.21
=4.00

* 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.

NG Energy International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NG Energy International'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)
=0.045/125.0724*125.0724
=0.045

Current CPI (Dec. 2023) = 125.0724.

NG Energy International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.067 103.345 0.081
201712 0.119 103.345 0.144
201803 0.140 105.004 0.167
201806 0.132 105.557 0.156
201809 0.011 105.636 0.013
201812 0.054 105.399 0.064
201903 0.021 106.979 0.025
201906 0.025 107.690 0.029
201909 0.019 107.611 0.022
201912 -0.055 107.769 -0.064
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.019 120.964 0.020
202303 0.023 122.702 0.023
202306 0.030 124.203 0.030
202309 0.026 125.230 0.026
202312 0.045 125.072 0.045

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.


NG Energy International  (TSXV:GASX) 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.


NG Energy International Cyclically Adjusted PS Ratio Related Terms

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


NG Energy International (TSXV:GASX) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas.
Executives
Brian Alexander Paes-braga 10% Security Holder, Director

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