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National Fuel Gas Co (STU:NFG) Cyclically Adjusted PS Ratio : 2.33 (As of May. 24, 2024)


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What is National Fuel Gas Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), National Fuel Gas Co's current share price is €51.00. National Fuel Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.87. National Fuel Gas Co's Cyclically Adjusted PS Ratio for today is 2.33.

The historical rank and industry rank for National Fuel Gas Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:NFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2.37   Max: 3.21
Current: 2.31

During the past years, National Fuel Gas Co's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 1.50. And the median was 2.37.

STU:NFG's Cyclically Adjusted PS Ratio is ranked worse than
76.98% of 756 companies
in the Oil & Gas industry
Industry Median: 0.885 vs STU:NFG: 2.31

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.

National Fuel Gas Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.265. 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 €21.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Fuel Gas Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Fuel Gas Co'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.

National Fuel Gas Co Cyclically Adjusted PS Ratio Chart

National Fuel Gas Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 1.87 2.37 2.58 2.14

National Fuel Gas Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.39 2.12 2.14 2.10 2.25

Competitive Comparison of National Fuel Gas Co's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, National Fuel Gas Co'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.


National Fuel Gas Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where National Fuel Gas Co's Cyclically Adjusted PS Ratio falls into.



National Fuel Gas Co 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.

National Fuel Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.00/21.87
=2.33

* 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.

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

For example, National Fuel Gas Co'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)
=6.265/131.7762*131.7762
=6.265

Current CPI (Mar. 2024) = 131.7762.

National Fuel Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.812 100.560 4.995
201409 3.342 100.428 4.385
201412 4.992 99.070 6.640
201503 6.470 99.621 8.558
201506 3.552 100.684 4.649
201509 3.172 100.392 4.164
201512 4.069 99.792 5.373
201603 4.756 100.470 6.238
201606 3.495 101.688 4.529
201609 3.065 101.861 3.965
201612 4.668 101.863 6.039
201703 5.676 102.862 7.271
201706 3.603 103.349 4.594
201709 2.792 104.136 3.533
201712 4.108 104.011 5.205
201803 5.082 105.290 6.360
201806 3.393 106.317 4.206
201809 2.860 106.507 3.539
201812 4.970 105.998 6.179
201903 5.636 107.251 6.925
201906 3.640 108.070 4.438
201909 3.069 108.329 3.733
201912 4.601 108.420 5.592
202003 5.134 108.902 6.212
202006 3.248 108.767 3.935
202009 2.688 109.815 3.226
202012 3.963 109.897 4.752
202103 5.051 111.754 5.956
202106 3.567 114.631 4.100
202109 3.296 115.734 3.753
202112 5.256 117.630 5.888
202203 6.921 121.301 7.519
202206 5.159 125.017 5.438
202209 4.768 125.227 5.017
202212 6.741 125.222 7.094
202303 7.262 127.348 7.515
202306 4.287 128.729 4.388
202309 3.744 129.860 3.799
202312 5.211 129.419 5.306
202403 6.265 131.776 6.265

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.


National Fuel Gas Co  (STU:NFG) 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.


National Fuel Gas Co Cyclically Adjusted PS Ratio Related Terms

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


National Fuel Gas Co (STU:NFG) Business Description

Industry
Traded in Other Exchanges
Address
6363 Main Street, Williamsville, NY, USA, 14221
National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States and majorly it generates revenue from Exploration and Production segment.

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