GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New Zealand Energy Corp (OTCPK:NZERF) » Definitions » Cyclically Adjusted PS Ratio

New Zealand Energy (New Zealand Energy) Cyclically Adjusted PS Ratio : 0.11 (As of May. 16, 2024)


View and export this data going back to 2011. Start your Free Trial

What is New Zealand Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-16), New Zealand Energy's current share price is $0.55. New Zealand Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.13. New Zealand Energy's Cyclically Adjusted PS Ratio for today is 0.11.

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

NZERF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.22   Max: 0.56
Current: 0.2

During the past years, New Zealand Energy's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.07. And the median was 0.22.

NZERF's Cyclically Adjusted PS Ratio is ranked better than
81.79% of 758 companies
in the Oil & Gas industry
Industry Median: 0.885 vs NZERF: 0.20

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.

New Zealand Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.021. 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 $5.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Zealand Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New Zealand 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.

New Zealand Energy Cyclically Adjusted PS Ratio Chart

New Zealand Energy 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 - 0.24 0.21 0.12 0.19

New Zealand 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 0.12 0.16 0.13 0.11 0.19

Competitive Comparison of New Zealand Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, New Zealand 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.


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

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

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



New Zealand 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.55/5.13
=0.11

* 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.

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

For example, New Zealand 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)
=0.021/128.7083*128.7083
=0.021

Current CPI (Dec. 2023) = 128.7083.

New Zealand Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.330 99.396 4.312
201406 1.775 99.646 2.293
201409 1.119 99.979 1.441
201412 1.309 99.812 1.688
201503 0.501 99.646 0.647
201506 0.427 100.063 0.549
201509 0.421 100.396 0.540
201512 0.383 99.896 0.493
201603 0.475 100.063 0.611
201606 0.526 100.480 0.674
201609 0.446 100.813 0.569
201612 0.477 101.230 0.606
201703 0.690 102.231 0.869
201706 0.722 102.231 0.909
201709 0.771 102.731 0.966
201712 0.765 102.844 0.957
201803 0.693 103.355 0.863
201806 1.435 103.764 1.780
201809 1.001 104.684 1.231
201812 0.998 104.786 1.226
201903 0.866 104.889 1.063
201906 0.906 105.502 1.105
201909 0.627 106.218 0.760
201912 0.814 106.729 0.982
202003 0.542 107.547 0.649
202006 0.325 107.035 0.391
202009 0.519 107.751 0.620
202012 0.430 108.262 0.511
202103 0.522 109.182 0.615
202106 0.350 110.614 0.407
202109 0.427 113.067 0.486
202112 0.450 114.703 0.505
202203 0.271 116.747 0.299
202206 0.589 118.690 0.639
202209 0.376 121.245 0.399
202212 0.309 122.983 0.323
202303 0.232 124.517 0.240
202306 0.168 125.846 0.172
202309 0.134 128.095 0.135
202312 0.021 128.708 0.021

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.


New Zealand Energy  (OTCPK:NZERF) 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.


New Zealand Energy Cyclically Adjusted PS Ratio Related Terms

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


New Zealand Energy (New Zealand Energy) Business Description

Traded in Other Exchanges
Address
119-125 Devon Street East, P.O. Box 8440, Level 2, New Plymouth, NTL, NZL, 4310
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates most of its revenues from Oil sales.

New Zealand Energy (New Zealand Energy) Headlines

No Headlines