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StealthGas (StealthGas) Cyclically Adjusted PS Ratio : 1.43 (As of Apr. 29, 2024)


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What is StealthGas Cyclically Adjusted PS Ratio?

As of today (2024-04-29), StealthGas's current share price is $6.07. StealthGas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.24. StealthGas's Cyclically Adjusted PS Ratio for today is 1.43.

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

GASS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.73   Max: 1.88
Current: 1.43

During the past years, StealthGas's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.42. And the median was 0.73.

GASS's Cyclically Adjusted PS Ratio is ranked worse than
65.66% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs GASS: 1.43

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.

StealthGas's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.964. 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 $4.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


StealthGas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for StealthGas'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.

StealthGas Cyclically Adjusted PS Ratio Chart

StealthGas 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 0.79 0.57 0.51 0.64 -

StealthGas 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 0.64 0.62 1.01 1.19 1.52

Competitive Comparison of StealthGas's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, StealthGas'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.


StealthGas's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, StealthGas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



StealthGas 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.

StealthGas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.07/4.24
=1.43

* 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.

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

For example, StealthGas'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)
=0.964/116.4647*116.4647
=0.964

Current CPI (Dec. 2023) = 116.4647.

StealthGas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.004 102.748 1.138
201406 0.835 103.060 0.944
201409 0.747 102.624 0.848
201412 0.808 100.254 0.939
201503 0.849 100.549 0.983
201506 0.781 100.838 0.902
201509 0.870 100.856 1.005
201512 0.923 100.087 1.074
201603 0.911 99.041 1.071
201606 0.899 100.121 1.046
201609 0.867 99.878 1.011
201612 0.942 100.110 1.096
201703 0.956 100.770 1.105
201706 0.987 101.138 1.137
201709 0.968 100.882 1.118
201712 0.965 100.762 1.115
201803 0.996 100.534 1.154
201806 1.088 102.121 1.241
201809 1.072 101.982 1.224
201812 0.967 101.330 1.111
201903 0.964 101.482 1.106
201906 0.856 101.837 0.979
201909 0.919 101.906 1.050
201912 0.886 102.120 1.010
202003 0.872 101.479 1.001
202006 0.946 100.239 1.099
202009 0.979 99.886 1.141
202012 0.985 99.751 1.150
202103 0.988 99.817 1.153
202106 1.037 101.270 1.193
202109 0.990 102.095 1.129
202112 0.952 104.853 1.057
202203 0.948 108.651 1.016
202206 1.036 113.517 1.063
202209 0.920 114.371 0.937
202212 1.119 112.428 1.159
202303 1.001 113.620 1.026
202306 0.962 115.515 0.970
202309 0.926 116.234 0.928
202312 0.964 116.465 0.964

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.


StealthGas  (NAS:GASS) 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.


StealthGas Cyclically Adjusted PS Ratio Related Terms

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


StealthGas (StealthGas) Business Description

Industry
Traded in Other Exchanges
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.
Executives
Glendon Opportunities Fund, L.p. 10 percent owner MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp 10 percent owner 2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404

StealthGas (StealthGas) Headlines

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