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Evolution Petroleum (Evolution Petroleum) Cyclically Adjusted PS Ratio : 3.25 (As of Apr. 27, 2024)


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What is Evolution Petroleum Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Evolution Petroleum's current share price is $5.79. Evolution Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.78. Evolution Petroleum's Cyclically Adjusted PS Ratio for today is 3.25.

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

EPM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.42   Med: 10.87   Max: 46.45
Current: 3.25

During the past years, Evolution Petroleum's highest Cyclically Adjusted PS Ratio was 46.45. The lowest was 2.42. And the median was 10.87.

EPM's Cyclically Adjusted PS Ratio is ranked worse than
82.63% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs EPM: 3.25

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.

Evolution Petroleum's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.639. 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 $1.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution Petroleum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evolution Petroleum'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.

Evolution Petroleum Cyclically Adjusted PS Ratio Chart

Evolution Petroleum Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.98 3.22 5.04 4.08 4.79

Evolution Petroleum 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 4.97 3.86 4.79 3.93 3.26

Competitive Comparison of Evolution Petroleum's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Evolution Petroleum'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.


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

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

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



Evolution Petroleum 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.

Evolution Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.79/1.78
=3.25

* 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.

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

For example, Evolution Petroleum'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)
=0.639/129.4194*129.4194
=0.639

Current CPI (Dec. 2023) = 129.4194.

Evolution Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.133 99.695 0.173
201406 0.132 100.560 0.170
201409 0.122 100.428 0.157
201412 0.234 99.070 0.306
201503 0.214 99.621 0.278
201506 0.275 100.684 0.353
201509 0.225 100.392 0.290
201512 0.202 99.792 0.262
201603 0.155 100.470 0.200
201606 0.220 101.688 0.280
201609 0.230 101.861 0.292
201612 0.258 101.863 0.328
201703 0.288 102.862 0.362
201706 0.266 103.349 0.333
201709 0.253 104.136 0.314
201712 0.330 104.011 0.411
201803 0.306 105.290 0.376
201806 0.340 106.317 0.414
201809 0.372 106.507 0.452
201812 0.333 105.998 0.407
201903 0.286 107.251 0.345
201906 0.313 108.070 0.375
201909 0.276 108.329 0.330
201912 0.284 108.420 0.339
202003 0.233 108.902 0.277
202006 0.102 108.767 0.121
202009 0.170 109.815 0.200
202012 0.174 109.897 0.205
202103 0.232 111.754 0.269
202106 0.418 114.631 0.472
202109 0.570 115.734 0.637
202112 0.672 117.630 0.739
202203 0.769 121.301 0.820
202206 1.256 125.017 1.300
202209 1.194 125.227 1.234
202212 1.008 125.222 1.042
202303 1.112 127.348 1.130
202306 0.553 128.729 0.556
202309 0.625 129.860 0.623
202312 0.639 129.419 0.639

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.


Evolution Petroleum  (AMEX:EPM) 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.


Evolution Petroleum Cyclically Adjusted PS Ratio Related Terms

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


Evolution Petroleum (Evolution Petroleum) Business Description

Industry
Traded in Other Exchanges
Address
1155 Dairy Ashford Road, Suite 425, Houston, TX, USA, 77079
Evolution Petroleum Corp is an independent oil and gas company operating in the US. It is engaged primarily in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are primarily generated from its crude oil, natural gas and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana. The revenue generated by the company includes royalty, mineral and working interests.
Executives
John Mark Bunch officer: COO 1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Kelly Beatty officer: Principal Accounting Officer 1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Myra C Bierria director 1155 DAIRY ASHFORD, SUITE 425, HOUSTON TX 77079
Ryan Stash officer: SVP & CFO 1155 DAIRY ASHFORD ROAD, SUITE 425, HOUSTON TX 77079
Roderick A. Schultz officer: Chief Accounting Officer 4621 PINERIDGE STREET, HOUSTON TX 77009
Marjorie Anne Hargrave director 999 18TH STREET, SUITE 1925N, DENVER CO 80202
Jason E. Brown officer: President & CEO 1000 LOUISIANA, SUITE 6700, HOUSTON TX 77002
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
David Joe officer: VP, Chief Admin. Officer 2500 CITYWEST BLVD., SUITE 1300, HOUSTON TX 77042
Jvl Advisors, L.l.c. 10 percent owner 10,000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
Randall D Keys officer: President, CFO & Treasurer 3 HICKORY SHADOWS DR, HOUSTON TX 77055
Peninsula Capital Management Inc director 235 PINE STREET, SUITE 1600, SAN FRANCISCO CA 94104
Kelly William Loyd director 10000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
William Dozier director 3000 SAGE #1312, HOUSTON TX 77056
Gene G Stoever director 5415 GRAYSTONE LANE, HOUSTON TX 77069