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RGC Resources (RGC Resources) Cyclically Adjusted PS Ratio : 1.92 (As of Apr. 28, 2024)


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What is RGC Resources Cyclically Adjusted PS Ratio?

As of today (2024-04-28), RGC Resources's current share price is $20.51. RGC Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.70. RGC Resources's Cyclically Adjusted PS Ratio for today is 1.92.

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

RGCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.04   Max: 3.02
Current: 1.92

During the past years, RGC Resources's highest Cyclically Adjusted PS Ratio was 3.02. The lowest was 0.85. And the median was 2.04.

RGCO's Cyclically Adjusted PS Ratio is ranked worse than
66.51% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs RGCO: 1.92

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.

RGC Resources's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.434. 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 $10.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RGC Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RGC Resources'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.

RGC Resources Cyclically Adjusted PS Ratio Chart

RGC Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.88 2.40 2.26 1.98 1.59

RGC Resources 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 2.15 1.85 1.59 1.90

Competitive Comparison of RGC Resources's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, RGC Resources'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.


RGC Resources's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, RGC Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



RGC Resources 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.

RGC Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.51/10.7
=1.92

* 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.

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

For example, RGC Resources'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)
=2.434/129.4194*129.4194
=2.434

Current CPI (Dec. 2023) = 129.4194.

RGC Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.625 99.695 6.004
201406 1.699 100.560 2.187
201409 1.451 100.428 1.870
201412 2.998 99.070 3.916
201503 3.726 99.621 4.841
201506 1.518 100.684 1.951
201509 1.369 100.392 1.765
201512 2.246 99.792 2.913
201603 3.048 100.470 3.926
201606 1.575 101.688 2.005
201609 1.388 101.861 1.764
201612 2.606 101.863 3.311
201703 3.023 102.862 3.803
201706 1.572 103.349 1.969
201709 1.395 104.136 1.734
201712 2.571 104.011 3.199
201803 3.361 105.290 4.131
201806 1.481 106.317 1.803
201809 1.240 106.507 1.507
201812 2.635 105.998 3.217
201903 3.131 107.251 3.778
201906 1.444 108.070 1.729
201909 1.216 108.329 1.453
201912 2.438 108.420 2.910
202003 2.755 108.902 3.274
202006 1.357 108.767 1.615
202009 1.197 109.815 1.411
202012 2.385 109.897 2.809
202103 3.433 111.754 3.976
202106 1.698 114.631 1.917
202109 1.595 115.734 1.784
202112 2.772 117.630 3.050
202203 3.479 121.301 3.712
202206 1.761 125.017 1.823
202209 1.437 125.227 1.485
202212 3.383 125.222 3.496
202303 3.834 127.348 3.896
202306 1.374 128.729 1.381
202309 1.245 129.860 1.241
202312 2.434 129.419 2.434

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.


RGC Resources  (NAS:RGCO) 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.


RGC Resources Cyclically Adjusted PS Ratio Related Terms

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


RGC Resources (RGC Resources) Business Description

Traded in Other Exchanges
N/A
Address
519 Kimball Avenue North East, Roanoke, VA, USA, 24016
RGC Resources Inc is involved in the business of distribution and sale of natural gas to residential, commercial, and industrial customers within its service territory in Roanoke, Virginia and its surrounding localities as well as it also provides certain non-regulated services. The company relies on multiple interstate pipelines to transport natural gas. The company operates in three segments: Gas Utility, which is the key revenue generator; Investment in Affiliates this segment reflects the income generated through the activities of the Company's investment in MVP and Southgate projects and Parent & Other include the unregulated activities of the Company as well as certain corporate eliminations.
Executives
Christen Brooke Miles officer: VP, Human Resources P.O. BOX 13007, ROANOKE VA 24030
Lawrence T. Oliver officer: VP, Interim CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Robert B Johnston director
Jason A. Field officer: VP, Treasurer & CFO P. O. BOX 13007, ROANOKE VA 24030
Williamson John B Iii director, officer: Chairman, President & CEO PO BOX 13007, ROANOKE VA 24030
Paul W Nester officer: VP, Treasurer & CFO P.O. BOX 13007, ROANOKE VA 24030
Anita G Zucker 10 percent owner 4838 JENKINS AVE, N CHARLESTON SC 29405
Elizabeth A Mcclanahan director P. O. BOX 13007, ROANOKE VA 24030
Jacqueline L. Archer director P. O. BOX 13007, ROANOKE VA 24030
Burton Randall P. Ii other: Former VP, CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Shockley C James Jr officer: VP & COO P.O. BOX 13007, ROANOKE VA 24030
Wells Robert L Ii officer: VP, CIO, Asst. Sec. & Treas. P.O. BOX 13007, ROANOKE VA 24030
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
D Orazio John S officer: VP & COO Roanoke Gas Co (sub) PO BOX 13007, ROANOKE VA 24030
Smoot Raymond D Jr director P. O. BOX 13007, ROANOKE VA 24030

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