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TORC Oil & Gas (TORC Oil & Gas) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is TORC Oil & Gas Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TORC Oil & Gas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TORC Oil & Gas'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.

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TORC Oil & Gas Cyclically Adjusted PS Ratio Chart

TORC Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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TORC Oil & Gas Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of TORC Oil & Gas's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, TORC Oil & Gas'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.


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

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

* The bar in red indicates where TORC Oil & Gas's Cyclically Adjusted PS Ratio falls into.



TORC Oil & Gas 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.

TORC Oil & Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, TORC Oil & Gas's adjusted Revenue per Share data for the three months ended in Sep. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0.308/108.1643*108.1643
=0.308

Current CPI (Sep. 2020) = 108.1643.

TORC Oil & Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 2.928 92.836 3.411
201103 3.046 94.338 3.492
201106 3.825 94.654 4.371
201109 3.193 95.286 3.625
201112 -9.346 94.970 -10.644
201203 0.312 96.155 0.351
201206 0.246 96.076 0.277
201209 0.301 96.392 0.338
201212 0.505 95.760 0.570
201303 0.639 97.103 0.712
201306 0.698 97.182 0.777
201309 0.790 97.419 0.877
201312 0.701 96.945 0.782
201403 0.757 98.604 0.830
201406 0.850 99.473 0.924
201409 0.794 99.394 0.864
201412 0.615 98.367 0.676
201503 0.364 99.789 0.395
201506 0.462 100.500 0.497
201509 0.355 100.421 0.382
201512 0.326 99.947 0.353
201603 0.243 101.054 0.260
201606 0.331 102.002 0.351
201609 0.333 101.765 0.354
201612 0.371 101.449 0.396
201703 0.378 102.634 0.398
201706 0.385 103.029 0.404
201709 0.390 103.345 0.408
201712 0.466 103.345 0.488
201803 0.466 105.004 0.480
201806 0.510 105.557 0.523
201809 0.595 105.636 0.609
201812 0.406 105.399 0.417
201903 0.491 106.979 0.496
201906 0.519 107.690 0.521
201909 0.484 107.611 0.486
201912 0.486 107.769 0.488
202003 0.346 107.927 0.347
202006 0.158 108.401 0.158
202009 0.308 108.164 0.308

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.


TORC Oil & Gas  (OTCPK:VREYF) 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.


TORC Oil & Gas Cyclically Adjusted PS Ratio Related Terms

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TORC Oil & Gas (TORC Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
525-8th Avenue SW, Suite 1800, Eighth Avenue Place, Calgary, AB, CAN, T2P 1G1
TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.

TORC Oil & Gas (TORC Oil & Gas) Headlines

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