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Questerre Energy (TSX:QEC) Cyclically Adjusted PS Ratio : 2.33 (As of May. 17, 2024)


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What is Questerre Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Questerre Energy's current share price is C$0.21. Questerre Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.09. Questerre Energy's Cyclically Adjusted PS Ratio for today is 2.33.

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

TSX:QEC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.78   Max: 16.89
Current: 2.26

During the past years, Questerre Energy's highest Cyclically Adjusted PS Ratio was 16.89. The lowest was 1.11. And the median was 2.78.

TSX:QEC's Cyclically Adjusted PS Ratio is ranked worse than
76.68% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TSX:QEC: 2.26

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.

Questerre Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was C$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 C$0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Questerre Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Questerre 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.

Questerre Energy Cyclically Adjusted PS Ratio Chart

Questerre 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 2.70 2.76 2.65 2.12 1.91

Questerre Energy 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 2.48 2.21 2.16 1.91 2.37

Competitive Comparison of Questerre Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Questerre 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.


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

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

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



Questerre 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.21/0.09
=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.

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

For example, Questerre Energy'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)
=0.021/126.2576*126.2576
=0.021

Current CPI (Mar. 2024) = 126.2576.

Questerre Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.024 99.473 0.030
201409 0.022 99.394 0.028
201412 0.029 98.367 0.037
201503 0.016 99.789 0.020
201506 0.023 100.500 0.029
201509 0.025 100.421 0.031
201512 0.020 99.947 0.025
201603 0.015 101.054 0.019
201606 0.017 102.002 0.021
201609 0.014 101.765 0.017
201612 0.015 101.449 0.019
201703 0.014 102.634 0.017
201706 0.012 103.029 0.015
201709 0.016 103.345 0.020
201712 0.019 103.345 0.023
201803 0.024 105.004 0.029
201806 0.025 105.557 0.030
201809 0.018 105.636 0.022
201812 0.015 105.399 0.018
201903 0.018 106.979 0.021
201906 0.019 107.690 0.022
201909 0.020 107.611 0.023
201912 0.021 107.769 0.025
202003 0.016 107.927 0.019
202006 0.008 108.401 0.009
202009 0.013 108.164 0.015
202012 0.014 108.559 0.016
202103 0.016 110.298 0.018
202106 0.017 111.720 0.019
202109 0.017 112.905 0.019
202112 0.021 113.774 0.023
202203 0.022 117.646 0.024
202206 0.040 120.806 0.042
202209 0.027 120.648 0.028
202212 0.032 120.964 0.033
202303 0.024 122.702 0.025
202306 0.025 124.203 0.025
202309 0.025 125.230 0.025
202312 0.023 125.072 0.023
202403 0.021 126.258 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.


Questerre Energy  (TSX:QEC) 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.


Questerre Energy Cyclically Adjusted PS Ratio Related Terms

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


Questerre Energy (TSX:QEC) Business Description

Industry
Traded in Other Exchanges
Address
801 Sixth Avenue S.W, Suite 1650, Calgary, AB, CAN, T2P 3W2
Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids. Quebec segment consists the development of natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.
Executives
Hans Jacob Holden Director

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