BWLP (BW LPG) Cyclically Adjusted PS Ratio: 1.31 (As of Jul. 02, 2026) — Near Median


BWLP BW LPG Ltd BWLP
77 GF Score
Price $17.50
GF Value $10.60
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BW LPG Cyclically Adjusted PS Ratio?

BW LPG BWLP +0.40% 77 Cyclically Adjusted PS Ratio is 1.31 as of Jul. 02, 2026, which is 5% below its 10-year median of 1.38. GuruFocus rates BWLP with a GF Score™ of 77/100 and a GF Value™ of $10.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 705 Oil & Gas companies, BW LPG ranks worse than 57.73% on this metric.

As of today (2026-07-02), BW LPG's current share price is $17.50. BW LPG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $13.34. BW LPG's Cyclically Adjusted PS Ratio for today is 1.31.

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

BWLP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.38   Max: 2.49
Current: 1.33

During the past years, BW LPG's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.83. And the median was 1.38.

BWLP's Cyclically Adjusted PS Ratio is ranked worse than
57.73% of 705 companies
in the Oil & Gas industry
Industry Median: 0.98 vs BWLP: 1.33

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.

BW LPG's adjusted revenue per share data for the three months ended in Mar. 2026 was $5.534. 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 $13.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BW LPG  (NYSE:BWLP) 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.


BW LPG Cyclically Adjusted PS Ratio Related Terms


BW LPG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BW LPG'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.

BW LPG Cyclically Adjusted PS Ratio Chart

BW LPG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.35 1.93 1.20 1.05

BW LPG 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 1.03 1.02 1.17 1.05 1.30

BWLP vs WMB, EPD, KMI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, BW LPG'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.


BW LPG Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


BWLP
77GF Score
BW LPG Ltd BWLP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BW LPG 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.

BW LPG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.50/13.34
=1.31

* 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.

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

For example, BW LPG'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)
=5.534/330.2130*330.2130
=5.534

Current CPI (Mar. 2026) = 330.2130.

BW LPG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.895 241.018 1.226
201609 0.765 241.428 1.046
201612 0.831 241.432 1.137
201703 0.942 243.801 1.276
201706 0.986 244.955 1.329
201709 0.719 246.819 0.962
201712 0.861 246.524 1.153
201803 0.705 249.554 0.933
201806 0.774 251.989 1.014
201809 1.018 252.439 1.332
201812 1.065 251.233 1.400
201903 0.849 254.202 1.103
201906 1.267 256.143 1.633
201909 1.855 256.759 2.386
201912 1.991 256.974 2.558
202003 1.804 258.115 2.308
202006 1.595 257.797 2.043
202009 1.110 260.280 1.408
202012 1.373 260.474 1.741
202103 1.472 264.877 1.835
202106 1.032 271.696 1.254
202109 1.097 274.310 1.321
202112 5.317 278.802 6.297
202203 2.120 287.504 2.435
202206 2.597 296.311 2.894
202209 2.432 296.808 2.706
202212 4.002 296.797 4.453
202303 6.669 301.836 7.296
202306 3.459 305.109 3.744
202309 5.368 307.789 5.759
202312 6.662 306.746 7.172
202403 7.830 312.332 8.278
202406 6.617 314.175 6.955
202409 6.076 315.301 6.363
202412 6.013 315.605 6.291
202503 5.672 319.799 5.857
202506 6.881 322.561 7.044
202509 6.213 324.800 6.317
202512 4.825 324.054 4.917
202603 5.534 330.213 5.534

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 1.31 mean?
BW LPG (BWLP) has a Cyclically Adjusted PS Ratio of 1.31 as of Jul. 02, 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 BW LPG and its competitors. This is near median its historical median of 1.38. Over the past decade, BW LPG's Cyclically Adjusted PS Ratio has ranged from 0.83 to 2.49. According to the industry distribution chart, BW LPG ranks #407 out of 705 companies in the Oil & Gas industry, placing it in the top 57.7%.
Is BW LPG's Cyclically Adjusted PS Ratio too high?
BW LPG's current Cyclically Adjusted PS Ratio of 1.31 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.49. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 0.98. BW LPG's value of 1.31 is 33.7% above this industry median. Based on the distribution chart, BW LPG ranks #407 out of 705 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, BW LPG has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BW LPG's Cyclically Adjusted PS Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, BW LPG ranks #407 out of 705 companies for Cyclically Adjusted PS Ratio. This places BW LPG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.98. BW LPG's value of 1.31 is 33.7% above this benchmark. Historically, BW LPG's own Cyclically Adjusted PS Ratio has ranged from 0.83 to 2.49 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 0.98, BW LPG 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 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. BW LPG's current Cyclically Adjusted PS Ratio of 1.31 is 33.7% 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 BW LPG 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. BW LPG's current Cyclically Adjusted PS Ratio is 1.31, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BW LPG stock overvalued right now?
Based on GuruFocus' analysis, BW LPG (BWLP) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.60, compared to a current price of $17.50 — trading 65.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.31, which is near median its 10-year median of 1.38 and 33.7% above the Oil & Gas industry median of 0.98. BW LPG's overall GF Score™ is 77/100 with 3 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 BW LPG (BWLP), the current Cyclically Adjusted PS Ratio is 1.31 as of Jul. 02, 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 BW LPG (BWLP) Overvalued in 2026?

Based on GuruFocus' analysis, BW LPG stock appears to be overvalued. The current stock price of $17.50 is trading 65.1% above its estimated GF Value™ of $10.60. GuruFocus considers BW LPG to be Significantly Overvalued.

Key valuation signals for BWLP:

  • Cyclically Adjusted PS Ratio: 1.31 (near median its 10-year median of 1.38)
  • GF Value™: $10.60 vs. price of $17.50 (65.1% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 33.7% above the Oil & Gas median (#407 of 705)

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


BW LPG Business Description

Industry EnergyOil & Gas
Address c/o BW LPG Holding Pte Ltd, 10 Pasir Panjang Road, No. 17-02 Mapletree Business City, Singapore, SGP, 117438
BW LPG Ltd is an owner and operator of very large gas carriers. It operates in two segments: the Shipping segment, which includes LPG shipping and the Product Services segment, which includes the core shipping business. The Product Services segment derives the majority of the revenue.
77GF 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.

$17.50
Price
$10.60
GF Value