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Altex IndustriesALTX 20 Cyclically Adjusted PS Ratio is 28.33 as of Sep. 17, 2026, which is 238% above its 10-year median of 8.38. GuruFocus rates ALTX with a GF Score™ of 20/100 and a GF Value™ of $0.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 713 Oil & Gas companies, Altex Industries ranks worse than 99.3% on this metric.
The historical rank and industry rank for Altex Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:
ALTX'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.68 Med: 8.38 Max: 30.8
Current: 29.2
During the past years, Altex Industries's highest Cyclically Adjusted PS Ratio was 30.80. The lowest was 5.68. And the median was 8.38.
ALTX's Cyclically Adjusted PS Ratio is ranked worse than 99.3% of 713
companies
in the Oil & Gas industry
Industry Median: 1.07
vs ALTX: 29.20
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.
Altex Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.001. 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 $0.01 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Altex Industries (OTCPK:ALTX) 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.
Altex Industries Cyclically Adjusted PS Ratio Related Terms
Altex Industries Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Altex Industries'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.
Altex Industries Cyclically Adjusted PS Ratio Chart
ALTX vs CRCE, FECOF, ROYL: Cyclically Adjusted PS Ratio Comparison
For the Oil & Gas E&P subindustry, Altex Industries'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.
Altex Industries Cyclically Adjusted PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Altex Industries's Cyclically Adjusted PS Ratio falls into.
Altex Industries 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.
Altex Industries's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 28.33 mean?
Altex Industries (ALTX) has a Cyclically Adjusted PS Ratio of 28.33 as of Sep. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Altex Industries and its competitors. This is 238% above median its historical median of 8.38. Over the past decade, Altex Industries' Cyclically Adjusted PS Ratio has ranged from 5.68 to 30.80. According to the industry distribution chart, Altex Industries ranks #708 out of 713 companies in the Oil & Gas industry, placing it in the top 99.3%.
Is Altex Industries' Cyclically Adjusted PS Ratio too high?
Altex Industries' current Cyclically Adjusted PS Ratio of 28.33 is 238% above median its 10-year median of 8.38. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 30.80. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. Altex Industries' value of 28.33 is 2547.7% above this industry median. Based on the distribution chart, Altex Industries ranks #708 out of 713 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Altex Industries has a GF Score™ of 20/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Cyclically Adjusted PS Ratio compare to CRCE and FECOF?
According to the Oil & Gas industry distribution chart, Altex Industries ranks #708 out of 713 companies for Cyclically Adjusted PS Ratio. This places Altex Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. Altex Industries' value of 28.33 is 2547.7% above this benchmark. Historically, Altex Industries' own Cyclically Adjusted PS Ratio has ranged from 5.68 to 30.80 over the past decade. While the company's 10-year median is 8.38 vs. the industry median of 1.07, Altex Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.07, based on 713 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altex Industries's current Cyclically Adjusted PS Ratio of 28.33 is 2547.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Altex Industries and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altex Industries's current Cyclically Adjusted PS Ratio is 28.33, which is 238% above median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.23, compared to a current price of $0.17 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 28.33, which is 238% above median its 10-year median of 8.38 and 2547.7% above the Oil & Gas industry median of 1.07. Altex Industries' overall GF Score™ is 20/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Altex Industries (ALTX), the current Cyclically Adjusted PS Ratio is 28.33 as of Sep. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Altex Industries (ALTX) Overvalued in 2026?
Based on GuruFocus' analysis, Altex Industries stock appears to be undervalued.
The current stock price of $0.17 is trading 26.1% below its estimated GF Value™ of $0.23.
GuruFocus considers Altex Industries to be Modestly Undervalued.
Key valuation signals for ALTX:
Cyclically Adjusted PS Ratio: 28.33 (238% above median its 10-year median of 8.38)
GF Value™: $0.23 vs. price of $0.17 (26.1% below fair value)
Industry Position: 2547.7% above the Oil & Gas median (#708 of 713)
No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
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