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Mexco Energy (FRA:MZB) Cyclically Adjusted PS Ratio : 5.30 (As of May. 26, 2024)


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What is Mexco Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Mexco Energy's current share price is €10.70. Mexco Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.02. Mexco Energy's Cyclically Adjusted PS Ratio for today is 5.30.

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

FRA:MZB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.9   Max: 14.42
Current: 5.27

During the past years, Mexco Energy's highest Cyclically Adjusted PS Ratio was 14.42. The lowest was 0.91. And the median was 2.90.

FRA:MZB's Cyclically Adjusted PS Ratio is ranked worse than
92.34% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs FRA:MZB: 5.27

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.

Mexco Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.706. 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 €2.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mexco Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mexco Energy'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.

Mexco Energy Cyclically Adjusted PS Ratio Chart

Mexco Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.37 5.55 8.80 5.24

Mexco Energy 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 5.95 5.24 5.43 5.84 4.09

Competitive Comparison of Mexco Energy's Cyclically Adjusted PS Ratio

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


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

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

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



Mexco Energy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.70/2.02
=5.30

* 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.

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

For example, Mexco Energy'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)
=0.706/129.4194*129.4194
=0.706

Current CPI (Dec. 2023) = 129.4194.

Mexco Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.340 99.695 0.441
201406 0.364 100.560 0.468
201409 0.380 100.428 0.490
201412 0.318 99.070 0.415
201503 0.257 99.621 0.334
201506 0.307 100.684 0.395
201509 0.319 100.392 0.411
201512 0.245 99.792 0.318
201603 0.196 100.470 0.252
201606 0.293 101.688 0.373
201609 0.254 101.861 0.323
201612 0.274 101.863 0.348
201703 0.314 102.862 0.395
201706 0.292 103.349 0.366
201709 0.255 104.136 0.317
201712 0.271 104.011 0.337
201803 0.304 105.290 0.374
201806 0.315 106.317 0.383
201809 0.300 106.507 0.365
201812 0.277 105.998 0.338
201903 0.251 107.251 0.303
201906 0.304 108.070 0.364
201909 0.278 108.329 0.332
201912 0.340 108.420 0.406
202003 0.285 108.902 0.339
202006 0.161 108.767 0.192
202009 0.265 109.815 0.312
202012 0.280 109.897 0.330
202103 0.434 111.754 0.503
202106 0.495 114.631 0.559
202109 0.616 115.734 0.689
202112 0.649 117.630 0.714
202203 0.901 121.301 0.961
202206 1.046 125.017 1.083
202209 1.058 125.227 1.093
202212 1.104 125.222 1.141
202303 0.937 127.348 0.952
202306 0.739 128.729 0.743
202309 0.606 129.860 0.604
202312 0.706 129.419 0.706

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.


Mexco Energy  (FRA:MZB) 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.


Mexco Energy Cyclically Adjusted PS Ratio Related Terms

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


Mexco Energy (FRA:MZB) Business Description

Industry
Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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