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


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What is TransAtlantic Petroleum Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TransAtlantic Petroleum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TransAtlantic 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.

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TransAtlantic Petroleum Cyclically Adjusted PS Ratio Chart

TransAtlantic Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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TransAtlantic Petroleum 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 TransAtlantic Petroleum's Cyclically Adjusted PS Ratio

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


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

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

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



TransAtlantic 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.

TransAtlantic Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, TransAtlantic Petroleum'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)
=0.13/109.8149*109.8149
=0.130

Current CPI (Sep. 2020) = 109.8149.

TransAtlantic Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.743 92.474 0.882
201103 0.852 94.283 0.992
201106 0.900 95.235 1.038
201109 0.877 95.727 1.006
201112 0.991 95.213 1.143
201203 1.024 96.783 1.162
201206 0.933 96.819 1.058
201209 0.941 97.633 1.058
201212 1.008 96.871 1.143
201303 0.923 98.209 1.032
201306 0.827 98.518 0.922
201309 0.871 98.790 0.968
201312 0.908 98.326 1.014
201403 0.900 99.695 0.991
201406 1.098 100.560 1.199
201409 0.959 100.428 1.049
201412 0.712 99.070 0.789
201503 0.632 99.621 0.697
201506 0.611 100.684 0.666
201509 0.448 100.392 0.490
201512 0.391 99.792 0.430
201603 0.382 100.470 0.418
201606 0.432 101.688 0.467
201609 0.356 101.861 0.384
201612 0.398 101.863 0.429
201703 0.347 102.862 0.370
201706 0.258 103.349 0.274
201709 0.266 104.136 0.281
201712 0.302 104.011 0.319
201803 0.336 105.290 0.350
201806 0.361 106.317 0.373
201809 0.398 106.507 0.410
201812 0.307 105.998 0.318
201903 0.363 107.251 0.372
201906 0.328 108.070 0.333
201909 0.254 108.329 0.257
201912 0.285 108.420 0.289
202003 0.134 108.902 0.135
202006 0.104 108.767 0.105
202009 0.130 109.815 0.130

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.


TransAtlantic Petroleum  (AMEX:TAT) 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.


TransAtlantic Petroleum Cyclically Adjusted PS Ratio Related Terms

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TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
16803 Dallas Parkway, Addison, TX, USA, 75001
TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.
Executives
Mary E West other: See REMARKS 1603 ORRINGTON AVE STE 810 EVANSTON IL 60201
Mitchell Noah Malone Iii director, 10 percent owner, officer: Chief Executive Officer 16803 DALLAS PARKWAY, ADDISON TX 75001
West Family Investments, Inc. other: See REMARKS 1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201
Randy Rochman director 16803 DALLAS PARKWAY ADDISON TX 75001
Jonathon Fite director 16803 DALLAS PARKWAY ADDISON TX 75001
West Investment Holdings, Llc 10 percent owner, other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Gary West other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Todd Dutton officer: President 16803 DALLAS PARKWAY ADDISON TX 75001
Tabitha Bailey officer: VP & General Counsel 16803 DALLAS PARKWAY, ADDISON TX 75001
Michael Paul Hill officer: Chief Accounting Officer 16803 DALLAS PARKWAY ADDISON TX 75001
Selami Uras officer: Executive VP Turkey 16803 N. DALLAS PARKWAY ADDISON TX 75001
David Gerald Mitchell officer: Vice President Engineering 16803 DALLAS PARKWAY ADDISON TX 75001
Galo Fabian Anda officer: Principal Accounting/Financial 16803 DALLAS PARKWAY ADDISON TX 75001
Mel G Riggs director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Charles J Campise director

TransAtlantic Petroleum (TransAtlantic Petroleum) Headlines