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Surge Energy (Surge Energy) Cyclically Adjusted PS Ratio : 0.61 (As of May. 02, 2024)


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What is Surge Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-02), Surge Energy's current share price is $5.21. Surge Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $8.57. Surge Energy's Cyclically Adjusted PS Ratio for today is 0.61.

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

ZPTAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.77   Max: 2.82
Current: 0.62

During the past years, Surge Energy's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 0.09. And the median was 0.77.

ZPTAF's Cyclically Adjusted PS Ratio is ranked better than
58.89% of 759 companies
in the Oil & Gas industry
Industry Median: 0.9 vs ZPTAF: 0.62

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.

Surge Energy's adjusted revenue per share data for the three months ended in Sep. 2023 was $1.363. 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 $8.57 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surge Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Surge 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.

Surge Energy Cyclically Adjusted PS Ratio Chart

Surge Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.60 0.17 0.31 0.69

Surge Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.57 0.69 0.69 0.58 0.80

Competitive Comparison of Surge Energy's Cyclically Adjusted PS Ratio

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


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

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

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



Surge 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.21/8.57
=0.61

* 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.

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

For example, Surge Energy's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.363/125.2304*125.2304
=1.363

Current CPI (Sep. 2023) = 125.2304.

Surge Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.095 96.945 5.290
201403 4.734 98.604 6.012
201406 5.256 99.473 6.617
201409 5.056 99.394 6.370
201412 3.559 98.367 4.531
201503 2.154 99.789 2.703
201506 2.524 100.500 3.145
201509 1.326 100.421 1.654
201512 1.147 99.947 1.437
201603 0.847 101.054 1.050
201606 1.221 102.002 1.499
201609 1.324 101.765 1.629
201612 1.421 101.449 1.754
201703 1.518 102.634 1.852
201706 1.711 103.029 2.080
201709 1.740 103.345 2.108
201712 1.993 103.345 2.415
201803 1.951 105.004 2.327
201806 2.412 105.557 2.862
201809 2.528 105.636 2.997
201812 1.284 105.399 1.526
201903 2.020 106.979 2.365
201906 2.209 107.690 2.569
201909 1.988 107.611 2.313
201912 1.854 107.769 2.154
202003 1.199 107.927 1.391
202006 0.592 108.401 0.684
202009 1.103 108.164 1.277
202012 1.190 108.559 1.373
202103 1.628 110.298 1.848
202106 1.533 111.720 1.718
202109 1.428 112.905 1.584
202112 1.403 113.774 1.544
202203 1.620 117.646 1.724
202206 1.942 120.806 2.013
202209 1.579 120.648 1.639
202212 1.371 120.964 1.419
202303 1.210 122.702 1.235
202306 1.169 124.203 1.179
202309 1.363 125.230 1.363

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.


Surge Energy  (OTCPK:ZPTAF) 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.


Surge Energy Cyclically Adjusted PS Ratio Related Terms

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


Surge Energy (Surge Energy) Business Description

Industry
Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Surge Energy (Surge Energy) Headlines

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