Bass Oil (ASX:BAS) Cyclically Adjusted PS Ratio: 0.94 (As of Jul. 04, 2026) — 49% Below Median


What is Bass Oil Cyclically Adjusted PS Ratio?

Bass Oil ASX:BAS Cyclically Adjusted PS Ratio is 0.94 as of Jul. 04, 2026, which is 49% below its 10-year median of 1.86. The stock has 2 warning signs investors should review. Among 705 Oil & Gas companies, Bass Oil ranks better than 50.35% on this metric.

As of today (2026-07-04), Bass Oil's current share price is A$0.047. Bass Oil's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was A$0.05. Bass Oil's Cyclically Adjusted PS Ratio for today is 0.94.

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

ASX:BAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.86   Max: 6.99
Current: 0.97

During the past 13 years, Bass Oil's highest Cyclically Adjusted PS Ratio was 6.99. The lowest was 0.57. And the median was 1.86.

ASX:BAS's Cyclically Adjusted PS Ratio is ranked better than
50.35% of 705 companies
in the Oil & Gas industry
Industry Median: 0.98 vs ASX:BAS: 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.

Bass Oil's adjusted revenue per share data of for the fiscal year that ended in Dec25 was A$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 A$0.05 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bass Oil  (ASX:BAS) 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.


Bass Oil Cyclically Adjusted PS Ratio Related Terms


Bass Oil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bass Oil'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.

Bass Oil Cyclically Adjusted PS Ratio Chart

Bass Oil Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.94 2.02 1.23 1.10

Bass Oil Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.02 0.00 1.23 0.00 1.10

ASX:BAS vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Bass Oil'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.


Bass Oil Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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



Bass Oil 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.

Bass Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.047/0.05
=0.94

* 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.

Bass Oil's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Bass Oil's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.023/135.0688*135.0688
=0.023

Current CPI (Dec25) = 135.0688.

Bass Oil Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 0.000
201706 0.030 0.000
201812 0.058 0.000
201912 0.071 0.000
202012 0.034 0.000
202112 0.030 0.000
202212 0.035 0.000
202312 0.033 0.000
202412 0.030 130.173 0.031
202512 0.023 135.069 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.

What does a Cyclically Adjusted PS Ratio of 0.94 mean?
Bass Oil (ASX:BAS) has a Cyclically Adjusted PS Ratio of 0.94 as of Jul. 04, 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 Bass Oil and its competitors. This is 49% below median its historical median of 1.86. Over the past decade, Bass Oil's Cyclically Adjusted PS Ratio has ranged from 0.57 to 6.99. According to the industry distribution chart, Bass Oil ranks #350 out of 705 companies in the Oil & Gas industry, placing it in the top 49.6%.
Is Bass Oil's Cyclically Adjusted PS Ratio too high?
Bass Oil's current Cyclically Adjusted PS Ratio of 0.94 is 49% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 6.99. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 0.98. Bass Oil's value of 0.94 is 4.1% below this industry median. Based on the distribution chart, Bass Oil ranks #350 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Bass Oil's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Bass Oil ranks #350 out of 705 companies for Cyclically Adjusted PS Ratio. This puts Bass Oil in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.98. Bass Oil's value of 0.94 is 4.1% below this benchmark. Historically, Bass Oil's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 6.99 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 0.98, Bass Oil has consistently been below 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 0.98, based on 705 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. Bass Oil's current Cyclically Adjusted PS Ratio of 0.94 is 4.1% below 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 Bass Oil and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bass Oil's current Cyclically Adjusted PS Ratio is 0.94, which is 49% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bass Oil stock overvalued right now?
Based on GuruFocus' analysis, Bass Oil (ASX:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.05 — trading 17.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.94, which is 49% below median its 10-year median of 1.86 and 4.1% below the Oil & Gas industry median of 0.98. 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 Bass Oil (ASX:BAS), the current Cyclically Adjusted PS Ratio is 0.94 as of Jul. 04, 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.

Bass Oil Business Description

Industry EnergyOil & Gas
Address 11-19 Bank Place, Level 5, Melbourne, VIC, AUS, 3000
Bass Oil Ltd is engaged in oil production from owned oil-producing assets in the Cooper Basin, South Australia, and in the Tangai-Sukananti licence in the prolific South Sumatra Basin, Indonesia. It has two geographic segments, Australia and Indonesia, for the exploration, development, and production of oil and gas. The company generates the majority of its revenue from the Australia segment.