GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Houston American Energy Corp (AMEX:HUSA) » Definitions » Cyclically Adjusted PS Ratio

Houston American Energy (Houston American Energy) Cyclically Adjusted PS Ratio : 9.28 (As of Apr. 27, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Houston American Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Houston American Energy's current share price is $1.67. Houston American Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.18. Houston American Energy's Cyclically Adjusted PS Ratio for today is 9.28.

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

HUSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.95   Max: 44.38
Current: 9.07

During the past years, Houston American Energy's highest Cyclically Adjusted PS Ratio was 44.38. The lowest was 0.75. And the median was 1.95.

HUSA's Cyclically Adjusted PS Ratio is ranked worse than
95.88% of 753 companies
in the Oil & Gas industry
Industry Median: 0.9 vs HUSA: 9.07

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.

Houston American Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.023. 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 $0.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Houston American Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Houston American 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.

Houston American Energy Cyclically Adjusted PS Ratio Chart

Houston American 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 1.67 8.81 8.43 19.51 10.03

Houston American Energy 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 19.51 14.32 11.57 10.75 10.03

Competitive Comparison of Houston American Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Houston American 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.


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

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

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



Houston American 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.67/0.18
=9.28

* 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.

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

For example, Houston American Energy'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)
=0.023/129.4194*129.4194
=0.023

Current CPI (Dec. 2023) = 129.4194.

Houston American Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.025 99.695 0.032
201406 0.016 100.560 0.021
201409 0.014 100.428 0.018
201412 0.032 99.070 0.042
201503 0.024 99.621 0.031
201506 0.027 100.684 0.035
201509 0.030 100.392 0.039
201512 0.021 99.792 0.027
201603 0.012 100.470 0.015
201606 0.008 101.688 0.010
201609 0.010 101.861 0.013
201612 0.011 101.863 0.014
201703 0.014 102.862 0.018
201706 0.011 103.349 0.014
201709 0.026 104.136 0.032
201712 0.089 104.011 0.111
201803 0.159 105.290 0.195
201806 0.121 106.317 0.147
201809 0.113 106.507 0.137
201812 0.095 105.998 0.116
201903 0.050 107.251 0.060
201906 0.042 108.070 0.050
201909 0.053 108.329 0.063
201912 0.045 108.420 0.054
202003 0.021 108.902 0.025
202006 0.011 108.767 0.013
202009 0.018 109.815 0.021
202012 0.029 109.897 0.034
202103 0.037 111.754 0.043
202106 0.031 114.631 0.035
202109 0.029 115.734 0.032
202112 0.041 117.630 0.045
202203 0.043 121.301 0.046
202206 0.045 125.017 0.047
202209 0.041 125.227 0.042
202212 0.032 125.222 0.033
202303 0.021 127.348 0.021
202306 0.019 128.729 0.019
202309 0.010 129.860 0.010
202312 0.023 129.419 0.023

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.


Houston American Energy  (AMEX:HUSA) 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.


Houston American Energy Cyclically Adjusted PS Ratio Related Terms

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


Houston American Energy (Houston American Energy) Business Description

Traded in Other Exchanges
Address
801 Travis Street, Suite 1425, Houston, TX, USA, 77002
Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, the U.S. Gulf Coast region, particularly Texas and Louisiana, and in the South American country of Colombia. The company's an exploration and development projects are focused on existing property interests, and future acquisition of additional property interests, in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. The Company majorly has operations in two geographical areas, the United States and Colombia.
Executives
James A Schoonover director 1770 COUNTY ROAD H2, WHITE BEAR TOWNSHIP MN 55110
John F Terwilliger director, 10 percent owner, officer: President and CEO
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Dyke Torbjorn Van officer: VP - Business Development 801 TRAVIS STREET, SUITE 1425, HOUSTON TX 77002
R. Keith Grimes director 13307 GOLDEN VALLEY DR., CYPRESS TX 77429
John P Boylan director 450 WESTHEIMER DR., HOUSTON TX 77024
Stephen Hartzell director 1001 MCKINNEY, SUITE 805, HOUSTON TX 77002
Roy W Jageman director 777 MAIN STREET, C/O ENCORE ACQUISITION CO, FORT WORTH TX 76102
James J Jacobs officer: Chief Financial Officer 801 TRAVIS, SUITE 2020, HOUSTON TX 77002
Kenneth Jeffers officer: Senior VP of Exploration 801 TRAVIS STREET, SUITE 1425, HOUSTON TX 77002
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Orrie Lee Tawes director, 10 percent owner CIBC OPPENHEIMER WORLD FINANCIAL CENTER, NEW YORK NY 110281
Richard J Howe director 73 SADDLEBROOK LN, HOUSTON TX 77024
J Alex Loftus director 801 TRAVIS, SUITE 1425, HOUSTON TX 77002