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NAT (Nordic American Tankers) Cyclically Adjusted PS Ratio : 0.97 (As of Jul. 24, 2025)


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What is Nordic American Tankers Cyclically Adjusted PS Ratio?

As of today (2025-07-24), Nordic American Tankers's current share price is $2.77. Nordic American Tankers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $2.86. Nordic American Tankers's Cyclically Adjusted PS Ratio for today is 0.97.

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

NAT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.02   Max: 3.27
Current: 0.97

During the past years, Nordic American Tankers's highest Cyclically Adjusted PS Ratio was 3.27. The lowest was 0.43. And the median was 1.02.

NAT's Cyclically Adjusted PS Ratio is ranked worse than
51.62% of 711 companies
in the Oil & Gas industry
Industry Median: 0.91 vs NAT: 0.97

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.

Nordic American Tankers's adjusted revenue per share data for the three months ended in Mar. 2025 was $0.179. 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 $2.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic American Tankers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nordic American Tankers'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.

Nordic American Tankers Cyclically Adjusted PS Ratio Chart

Nordic American Tankers Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.50 0.87 1.30 0.84

Nordic American Tankers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.24 1.27 1.21 0.84 0.86

Competitive Comparison of Nordic American Tankers's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Nordic American Tankers'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.


Nordic American Tankers's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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


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Nordic American Tankers 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.

Nordic American Tankers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.77/2.86
=0.97

* 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.

Nordic American Tankers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nordic American Tankers's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.179/134.9266*134.9266
=0.179

Current CPI (Mar. 2025) = 134.9266.

Nordic American Tankers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.304 100.684 1.747
201509 1.142 100.392 1.535
201512 1.285 99.792 1.737
201603 1.195 100.470 1.605
201606 0.992 101.688 1.316
201609 0.802 101.861 1.062
201612 0.887 101.863 1.175
201703 0.927 102.862 1.216
201706 0.730 103.349 0.953
201709 0.545 104.136 0.706
201712 0.664 104.011 0.861
201803 0.469 105.290 0.601
201806 0.517 106.317 0.656
201809 0.442 106.507 0.560
201812 0.608 105.998 0.774
201903 0.622 107.251 0.783
201906 0.466 108.070 0.582
201909 0.474 108.329 0.590
201912 0.663 108.420 0.825
202003 0.898 108.902 1.113
202006 0.629 108.767 0.780
202009 0.248 109.815 0.305
202012 0.290 109.897 0.356
202103 0.124 111.754 0.150
202106 0.108 114.631 0.127
202109 0.057 115.734 0.066
202112 0.127 117.630 0.146
202203 0.078 121.301 0.087
202206 0.173 125.017 0.187
202209 0.229 125.227 0.247
202212 1.156 125.222 1.246
202303 0.417 127.348 0.442
202306 0.639 128.729 0.670
202309 0.230 129.860 0.239
202312 0.904 129.419 0.942
202403 0.290 131.776 0.297
202406 0.630 132.554 0.641
202409 0.249 133.029 0.253
202412 0.802 133.157 0.813
202503 0.179 134.927 0.179

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.


Nordic American Tankers  (NYSE:NAT) 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.


Nordic American Tankers Cyclically Adjusted PS Ratio Related Terms

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


Nordic American Tankers Business Description

Traded in Other Exchanges
Address
26 Victoria Street, Swan Building, Hamilton, BMU, HM 12
Nordic American Tankers Ltd owns and operates double-hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters according to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.