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Dorian LPG (Dorian LPG) Cyclically Adjusted PS Ratio : 7.63 (As of May. 26, 2024)


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What is Dorian LPG Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Dorian LPG's current share price is $48.07. Dorian LPG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.30. Dorian LPG's Cyclically Adjusted PS Ratio for today is 7.63.

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

LPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.41   Med: 5.98   Max: 7.81
Current: 7.63

During the past years, Dorian LPG's highest Cyclically Adjusted PS Ratio was 7.81. The lowest was 4.41. And the median was 5.98.

LPG's Cyclically Adjusted PS Ratio is ranked worse than
95.11% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs LPG: 7.63

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.

Dorian LPG's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.026. 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 $6.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorian LPG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dorian LPG'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.

Dorian LPG Cyclically Adjusted PS Ratio Chart

Dorian LPG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Dorian LPG 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 - - 4.62 4.83 6.96

Competitive Comparison of Dorian LPG's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Dorian LPG'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.


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

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

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



Dorian LPG 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.

Dorian LPG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.07/6.3
=7.63

* 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.

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

For example, Dorian LPG'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)
=4.026/129.4194*129.4194
=4.026

Current CPI (Dec. 2023) = 129.4194.

Dorian LPG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.174 99.695 0.226
201406 0.297 100.560 0.382
201409 0.356 100.428 0.459
201412 0.570 99.070 0.745
201503 0.619 99.621 0.804
201506 0.624 100.684 0.802
201509 1.313 100.392 1.693
201512 1.648 99.792 2.137
201603 1.525 100.470 1.964
201606 0.923 101.688 1.175
201609 0.624 101.861 0.793
201612 0.663 101.863 0.842
201703 0.884 102.862 1.112
201706 0.761 103.349 0.953
201709 0.642 104.136 0.798
201712 0.821 104.011 1.022
201803 0.721 105.290 0.886
201806 0.510 106.317 0.621
201809 0.750 106.507 0.911
201812 1.012 105.998 1.236
201903 0.627 107.251 0.757
201906 1.115 108.070 1.335
201909 1.673 108.329 1.999
201912 1.577 108.420 1.882
202003 1.809 108.902 2.150
202006 1.444 108.767 1.718
202009 1.078 109.815 1.270
202012 1.757 109.897 2.069
202103 2.097 111.754 2.428
202106 1.529 114.631 1.726
202109 1.573 115.734 1.759
202112 1.714 117.630 1.886
202203 1.986 121.301 2.119
202206 1.915 125.017 1.982
202209 1.892 125.227 1.955
202212 2.567 125.222 2.653
202303 3.315 127.348 3.369
202306 2.763 128.729 2.778
202309 3.581 129.860 3.569
202312 4.026 129.419 4.026

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.


Dorian LPG  (NYSE:LPG) 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.


Dorian LPG Cyclically Adjusted PS Ratio Related Terms

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


Dorian LPG (Dorian LPG) Business Description

Industry
Traded in Other Exchanges
Address
27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Executives
John C Hadjipateras director, officer: Chief Executive Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan director 1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young officer: Chief Financial Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Alexander C. Hadjipateras officer: EVP at Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen officer: Chief Commercial Officer STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris director, officer: CEO of Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman director C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde director 27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg director C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd other: Member of 10% owner group C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc 10 percent owner C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc. 10 percent owner L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen 10 percent owner HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490
Bw Euroholdings Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438