GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Navigator Holdings Ltd (NYSE:NVGS) » Definitions » Cyclically Adjusted PS Ratio

Navigator Holdings (Navigator Holdings) Cyclically Adjusted PS Ratio : 2.19 (As of Apr. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Navigator Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Navigator Holdings's current share price is $15.21. Navigator Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.96. Navigator Holdings's Cyclically Adjusted PS Ratio for today is 2.19.

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

NVGS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.85   Max: 2.35
Current: 2.18

During the past years, Navigator Holdings's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 0.80. And the median was 1.85.

NVGS's Cyclically Adjusted PS Ratio is ranked worse than
72.94% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs NVGS: 2.18

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.

Navigator Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.920. 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 $6.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Navigator Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Navigator Holdings'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.

Navigator Holdings Cyclically Adjusted PS Ratio Chart

Navigator Holdings 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 - 2.00 1.49 1.80 2.09

Navigator Holdings 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 1.80 2.07 1.88 2.12 2.09

Competitive Comparison of Navigator Holdings's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Navigator Holdings'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.


Navigator Holdings's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Navigator Holdings 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.

Navigator Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.21/6.96
=2.19

* 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.

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

For example, Navigator Holdings'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)
=1.92/130.0000*130.0000
=1.920

Current CPI (Dec. 2023) = 130.0000.

Navigator Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.262 99.300 1.652
201406 1.370 99.800 1.785
201409 1.451 100.000 1.886
201412 1.412 99.900 1.837
201503 1.335 99.600 1.742
201506 1.509 100.100 1.960
201509 1.403 100.200 1.820
201512 1.411 100.400 1.827
201603 1.370 100.400 1.774
201606 1.300 101.000 1.673
201609 1.250 101.500 1.601
201612 1.352 102.200 1.720
201703 1.385 102.700 1.753
201706 1.330 103.500 1.671
201709 1.264 104.300 1.575
201712 1.381 105.000 1.710
201803 1.392 105.100 1.722
201806 1.315 105.900 1.614
201809 1.444 106.600 1.761
201812 1.406 107.100 1.707
201903 1.367 107.000 1.661
201906 1.318 107.900 1.588
201909 1.355 108.400 1.625
201912 1.363 108.500 1.633
202003 1.455 108.600 1.742
202006 1.466 108.800 1.752
202009 1.446 109.200 1.721
202012 1.564 109.400 1.859
202103 1.525 109.700 1.807
202106 1.522 111.400 1.776
202109 1.475 112.400 1.706
202112 1.711 114.700 1.939
202203 1.545 116.500 1.724
202206 1.597 120.500 1.723
202209 1.377 122.300 1.464
202212 1.590 125.300 1.650
202303 1.782 126.800 1.827
202306 1.821 129.400 1.829
202309 1.861 130.100 1.860
202312 1.920 130.000 1.920

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.


Navigator Holdings  (NYSE:NVGS) 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.


Navigator Holdings Cyclically Adjusted PS Ratio Related Terms

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


Navigator Holdings (Navigator Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
C/o NGT Services (UK) Ltd, 10 Bressenden Place, London, GBR, SW1E 5DH
Navigator Holdings Ltd is an owner and operator of a fleet of gas carriers. It provides gas transportation solutions for energy companies, industrial users, and commodity traders. It offers international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gasses, and ammonia.