BRN (Barnwell Industries) Cyclically Adjusted PS Ratio: 0.46 (As of Aug. 03, 2026) — 15% Below Median

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BRN Barnwell Industries Inc BRN
27 GF Score
Price $1.03
GF Value $0.92
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Barnwell Industries Cyclically Adjusted PS Ratio?

Barnwell Industries BRN 27 Cyclically Adjusted PS Ratio is 0.46 as of Aug. 03, 2026, which is 15% below its 10-year median of 0.54. GuruFocus rates BRN with a GF Score™ of 27/100 and a GF Value™ of $0.92 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 707 Oil & Gas companies, Barnwell Industries ranks better than 70.3% on this metric.

As of today (2026-08-03), Barnwell Industries's current share price is $1.03. Barnwell Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.26. Barnwell Industries's Cyclically Adjusted PS Ratio for today is 0.46.

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

BRN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.54   Max: 1.55
Current: 0.46

During the past years, Barnwell Industries's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.11. And the median was 0.54.

BRN's Cyclically Adjusted PS Ratio is ranked better than
70.3% of 707 companies
in the Oil & Gas industry
Industry Median: 1.06 vs BRN: 0.46

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.

Barnwell Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.200. 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 $2.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnwell Industries  (AMEX:BRN) 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.


Barnwell Industries Cyclically Adjusted PS Ratio Related Terms


Barnwell Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Barnwell 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.

Barnwell Industries Cyclically Adjusted PS Ratio Chart

Barnwell Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.01 1.03 0.98 0.58

Barnwell Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.50 0.58 0.50 0.48

BRN vs NRIS, TPET, MXC: Cyclically Adjusted PS Ratio Comparison

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


Barnwell Industries Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


BRN
27GF Score
Barnwell Industries Inc BRN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Barnwell 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.

Barnwell Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.03/2.26
=0.46

* 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.

Barnwell Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Barnwell Industries's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.2/330.2130*330.2130
=0.200

Current CPI (Mar. 2026) = 330.2130.

Barnwell Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.026 241.018 1.406
201609 0.205 241.428 0.280
201612 0.518 241.432 0.708
201703 0.366 243.801 0.496
201706 0.162 244.955 0.218
201709 0.528 246.819 0.706
201712 0.224 246.524 0.300
201803 0.239 249.554 0.316
201806 0.383 251.989 0.502
201809 0.286 252.439 0.374
201812 0.314 251.233 0.413
201903 0.358 254.202 0.465
201906 0.412 256.143 0.531
201909 0.375 256.759 0.482
201912 0.586 256.974 0.753
202003 0.554 258.115 0.709
202006 0.481 257.797 0.616
202009 0.596 260.280 0.756
202012 0.530 260.474 0.672
202103 0.483 264.877 0.602
202106 0.609 271.696 0.740
202109 0.490 274.310 0.590
202112 0.577 278.802 0.683
202203 0.698 287.504 0.802
202206 0.806 296.311 0.898
202209 0.842 296.808 0.937
202212 0.754 296.797 0.839
202303 0.526 301.836 0.575
202306 0.569 305.109 0.616
202309 0.685 307.789 0.735
202312 0.616 306.746 0.663
202403 0.467 312.332 0.494
202406 0.449 314.175 0.472
202409 0.372 315.301 0.390
202412 0.392 315.605 0.410
202503 0.355 319.799 0.367
202506 0.317 322.561 0.325
202509 0.298 324.800 0.303
202512 0.248 324.054 0.253
202603 0.200 330.213 0.200

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 0.46 mean?
Barnwell Industries (BRN) has a Cyclically Adjusted PS Ratio of 0.46 as of Aug. 03, 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 Barnwell Industries and its competitors. This is 15% below median its historical median of 0.54. Over the past decade, Barnwell Industries' Cyclically Adjusted PS Ratio has ranged from 0.11 to 1.55. According to the industry distribution chart, Barnwell Industries ranks #210 out of 707 companies in the Oil & Gas industry, placing it in the top 29.7%.
Is Barnwell Industries' Cyclically Adjusted PS Ratio too high?
Barnwell Industries' current Cyclically Adjusted PS Ratio of 0.46 is 15% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.55. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Barnwell Industries' value of 0.46 is 56.6% below this industry median. Based on the distribution chart, Barnwell Industries ranks #210 out of 707 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Barnwell Industries has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barnwell Industries' Cyclically Adjusted PS Ratio compare to NRIS and TPET?
According to the Oil & Gas industry distribution chart, Barnwell Industries ranks #210 out of 707 companies for Cyclically Adjusted PS Ratio. This puts Barnwell Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Barnwell Industries' value of 0.46 is 56.6% below this benchmark. Historically, Barnwell Industries' own Cyclically Adjusted PS Ratio has ranged from 0.11 to 1.55 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.06, Barnwell Industries 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 1.06, based on 707 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. Barnwell Industries's current Cyclically Adjusted PS Ratio of 0.46 is 56.6% 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 Barnwell Industries and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barnwell Industries's current Cyclically Adjusted PS Ratio is 0.46, which is 15% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barnwell Industries stock overvalued right now?
Based on GuruFocus' analysis, Barnwell Industries (BRN) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.92, compared to a current price of $1.03 — trading 12% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.46, which is 15% below median its 10-year median of 0.54 and 56.6% below the Oil & Gas industry median of 1.06. Barnwell Industries' overall GF Score™ is 27/100 with 6 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 Barnwell Industries (BRN), the current Cyclically Adjusted PS Ratio is 0.46 as of Aug. 03, 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 Barnwell Industries (BRN) Overvalued in 2026?

Based on GuruFocus' analysis, Barnwell Industries stock appears to be overvalued. The current stock price of $1.03 is trading 12% above its estimated GF Value™ of $0.92. GuruFocus considers Barnwell Industries to be Modestly Overvalued.

Key valuation signals for BRN:

  • Cyclically Adjusted PS Ratio: 0.46 (15% below median its 10-year median of 0.54)
  • GF Value™: $0.92 vs. price of $1.03 (12% above fair value)
  • GF Score™: 27/100 with 6 warning signs
  • Industry Position: 56.6% below the Oil & Gas median (#210 of 707)

No single metric tells the full story. See the BRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Barnwell Industries Business Description

Industry EnergyOil & Gas
Address 1100 Alakea Street, Suite 500, Honolulu, HI, USA, 96813-2840
Barnwell Industries Inc is an oil and gas company engaged in the acquisition, development, production, and sale of crude oil and natural gas. The Company operates through two segments: the Oil and Natural Gas segment, which focuses on oil and natural gas development, production, acquisitions, and sales in the United States and Canada; and the Land Investment segment, which owns leasehold land interests in Hawaii. The Company generates the majority of its revenue from the Oil and Natural Gas segment. The company operates in two geographic regions, the United States and Canada, with Canada contributing the majority of revenue.
27GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.03
Price
$0.92
GF Value