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Promigas (BOG:PROMIGAS) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Promigas Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Promigas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Promigas'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.

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Promigas Cyclically Adjusted PS Ratio Chart

Promigas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Promigas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Promigas's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Promigas'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.


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

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

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



Promigas 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.

Promigas's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Promigas's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1465.583/131.7762*131.7762
=1,465.583

Current CPI (Mar. 2024) = 131.7762.

Promigas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 -287,131.582 96.871 -390,592.331
201306 0.000 98.518 0.000
201309 43,614.934 98.790 58,178.057
201312 -42,175.459 98.326 -56,523.477
201403 416.154 99.695 550.072
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201603 826.839 100.470 1,084.476
201606 929.541 101.688 1,204.579
201609 -926.654 101.861 -1,198.800
201612 977.495 101.863 1,264.551
201703 782.629 102.862 1,002.622
201706 833.638 103.349 1,062.938
201709 -737.436 104.136 -933.173
201712 687.071 104.011 870.480
201806 758.038 106.317 939.563
201809 898.295 106.507 1,111.422
201812 858.248 105.998 1,066.971
201903 824.257 107.251 1,012.745
201906 904.527 108.070 1,102.949
201909 1,135.209 108.329 1,380.913
201912 1,391.021 108.420 1,690.678
202003 1,059.457 108.902 1,281.995
202006 850.116 108.767 1,029.952
202009 911.124 109.815 1,093.335
202012 1,407.121 109.897 1,687.265
202103 981.594 111.754 1,157.455
202106 1,148.435 114.631 1,320.200
202109 1,158.370 115.734 1,318.931
202112 1,277.670 117.630 1,431.329
202203 1,247.054 121.301 1,354.746
202206 1,279.015 125.017 1,348.169
202209 1,348.546 125.227 1,419.079
202212 1,422.403 125.222 1,496.855
202303 1,363.586 127.348 1,411.003
202306 1,335.355 128.729 1,366.968
202309 1,452.118 129.860 1,473.551
202312 1,672.296 129.419 1,702.749
202403 1,465.583 131.776 1,465.583

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.


Promigas  (BOG:PROMIGAS) 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.


Promigas Cyclically Adjusted PS Ratio Related Terms

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


Promigas (BOG:PROMIGAS) Business Description

Traded in Other Exchanges
N/A
Address
Calle 66 No. 67 - 123, Barranquilla, COL
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation, and exploration of natural gas, oil, and hydrocarbons in general, and the gas and oil activities in all their forms. It operates in five segments: Gas transportation, Gas distribution, Integrated solutions for the industry and power generation, Power distribution, and Non-bank financing. The transmission business consists of natural gas transmission, energy generation, and liquid natural gas. The distribution business consists of natural gas distribution, non-banking financing, and electrical power distribution. The company generates the majority of its revenue from the transport and distribution of natural gas.

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