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Athabasca Oil (Athabasca Oil) Cyclically Adjusted PS Ratio : 3.12 (As of May. 01, 2024)


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What is Athabasca Oil Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Athabasca Oil's current share price is $3.49. Athabasca Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.12. Athabasca Oil's Cyclically Adjusted PS Ratio for today is 3.12.

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

ATHOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.31   Max: 3.61
Current: 3.41

During the past years, Athabasca Oil's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 0.17. And the median was 1.31.

ATHOF's Cyclically Adjusted PS Ratio is ranked worse than
84.17% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs ATHOF: 3.41

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.

Athabasca Oil's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.410. 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 $1.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Athabasca Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Athabasca Oil'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.

Athabasca Oil Cyclically Adjusted PS Ratio Chart

Athabasca Oil 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 0.87 0.24 1.26 1.92 2.82

Athabasca Oil 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 1.92 2.46 2.10 3.04 2.82

Competitive Comparison of Athabasca Oil's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Athabasca Oil'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.


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

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

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



Athabasca Oil 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.

Athabasca Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.49/1.12
=3.12

* 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.

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

For example, Athabasca Oil'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)
=0.41/125.4675*125.4675
=0.410

Current CPI (Dec. 2023) = 125.4675.

Athabasca Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.080 98.604 0.102
201406 0.081 99.473 0.102
201409 0.077 99.394 0.097
201412 0.055 98.367 0.070
201503 0.031 99.789 0.039
201506 0.035 100.500 0.044
201509 0.040 100.421 0.050
201512 0.057 99.947 0.072
201603 0.063 101.054 0.078
201606 0.064 102.002 0.079
201609 0.101 101.765 0.125
201612 0.102 101.449 0.126
201703 0.240 102.634 0.293
201706 0.299 103.029 0.364
201709 0.298 103.345 0.362
201712 0.367 103.345 0.446
201803 0.315 105.004 0.376
201806 0.372 105.557 0.442
201809 0.369 105.636 0.438
201812 0.140 105.399 0.167
201903 0.322 106.979 0.378
201906 0.311 107.690 0.362
201909 0.305 107.611 0.356
201912 0.260 107.769 0.303
202003 0.179 107.927 0.208
202006 0.072 108.401 0.083
202009 0.180 108.164 0.209
202012 0.228 108.559 0.264
202103 0.317 110.298 0.361
202106 0.358 111.720 0.402
202109 0.404 112.905 0.449
202112 0.413 113.774 0.455
202203 0.579 117.646 0.617
202206 0.581 120.806 0.603
202209 0.480 120.648 0.499
202212 0.343 120.964 0.356
202303 0.362 122.702 0.370
202306 0.345 124.203 0.349
202309 0.482 125.230 0.483
202312 0.410 125.468 0.410

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.


Athabasca Oil  (OTCPK:ATHOF) 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.


Athabasca Oil Cyclically Adjusted PS Ratio Related Terms

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


Athabasca Oil (Athabasca Oil) Business Description

Industry
Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.