CRK (Comstock Resources) Cyclically Adjusted PS Ratio: 1.19 (As of Aug. 06, 2026) — 325% Above Median

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CRK Comstock Resources Inc CRK
73 GF Score
Price $12.96
GF Value $16.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Comstock Resources Cyclically Adjusted PS Ratio?

Comstock Resources CRK -2.56% 73 Cyclically Adjusted PS Ratio is 1.19 as of Aug. 06, 2026, which is 325% above its 10-year median of 0.28. GuruFocus rates CRK with a GF Score™ of 73/100 and a GF Value™ of $16.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 714 Oil & Gas companies, Comstock Resources ranks worse than 54.48% on this metric.

As of today (2026-08-06), Comstock Resources's current share price is $12.96. Comstock Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $10.88. Comstock Resources's Cyclically Adjusted PS Ratio for today is 1.19.

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

CRK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.28   Max: 2.31
Current: 1.19

During the past years, Comstock Resources's highest Cyclically Adjusted PS Ratio was 2.31. The lowest was 0.08. And the median was 0.28.

CRK's Cyclically Adjusted PS Ratio is ranked worse than
54.48% of 714 companies
in the Oil & Gas industry
Industry Median: 1.05 vs CRK: 1.19

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.

Comstock Resources's adjusted revenue per share data for the three months ended in Jun. 2026 was $1.206. 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 $10.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comstock Resources  (NYSE:CRK) 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.


Comstock Resources Cyclically Adjusted PS Ratio Related Terms


Comstock Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Comstock Resources'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.

Comstock Resources Cyclically Adjusted PS Ratio Chart

Comstock Resources 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 0.28 0.52 0.41 1.29 2.06

Comstock Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.20 1.67 2.06 1.89 1.37

CRK vs CRGY, CRC, BSM: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Comstock Resources'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.


Comstock Resources Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


CRK
73GF Score
Comstock Resources Inc CRK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comstock Resources 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.

Comstock Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.96/10.88
=1.19

* 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.

Comstock Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Comstock Resources's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.206/333.9520*333.9520
=1.206

Current CPI (Jun. 2026) = 333.9520.

Comstock Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.094 241.428 5.663
201612 3.688 241.432 5.101
201703 3.782 243.801 5.180
201706 4.168 244.955 5.682
201709 4.515 246.819 6.109
201712 4.948 246.524 6.703
201803 4.813 249.554 6.441
201806 4.006 251.989 5.309
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 1.203 254.202 1.580
201906 1.215 256.143 1.584
201909 1.309 256.759 1.703
201912 1.522 256.974 1.978
202003 0.792 258.115 1.025
202006 0.859 257.797 1.113
202009 0.770 260.280 0.988
202012 1.187 260.474 1.522
202103 1.472 264.877 1.856
202106 1.485 271.696 1.825
202109 2.206 274.310 2.686
202112 2.825 278.802 3.384
202203 2.262 287.504 2.627
202206 3.409 296.311 3.842
202209 4.285 296.808 4.821
202212 3.329 296.797 3.746
202303 1.770 301.836 1.958
202306 1.042 305.109 1.141
202309 1.360 307.789 1.476
202312 1.482 306.746 1.613
202403 1.208 312.332 1.292
202406 0.852 314.175 0.906
202409 1.049 315.301 1.111
202412 1.263 315.605 1.336
202503 1.767 319.799 1.845
202506 1.598 322.561 1.654
202509 1.530 324.800 1.573
202512 1.682 324.054 1.733
202603 2.010 330.213 2.033
202606 1.206 333.952 1.206

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 1.19 mean?
Comstock Resources (CRK) has a Cyclically Adjusted PS Ratio of 1.19 as of Aug. 06, 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 Comstock Resources and its competitors. This is 325% above median its historical median of 0.28. Over the past decade, Comstock Resources' Cyclically Adjusted PS Ratio has ranged from 0.08 to 2.31. According to the industry distribution chart, Comstock Resources ranks #389 out of 714 companies in the Oil & Gas industry, placing it in the top 54.5%.
Is Comstock Resources' Cyclically Adjusted PS Ratio too high?
Comstock Resources' current Cyclically Adjusted PS Ratio of 1.19 is 325% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.31. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Comstock Resources' value of 1.19 is 13.3% above this industry median. Based on the distribution chart, Comstock Resources ranks #389 out of 714 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Comstock Resources has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Comstock Resources' Cyclically Adjusted PS Ratio compare to CRGY and CRC?
According to the Oil & Gas industry distribution chart, Comstock Resources ranks #389 out of 714 companies for Cyclically Adjusted PS Ratio. This places Comstock Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Comstock Resources' value of 1.19 is 13.3% above this benchmark. Historically, Comstock Resources' own Cyclically Adjusted PS Ratio has ranged from 0.08 to 2.31 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.05, Comstock Resources 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 1.05, based on 714 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. Comstock Resources's current Cyclically Adjusted PS Ratio of 1.19 is 13.3% 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 Comstock Resources and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comstock Resources's current Cyclically Adjusted PS Ratio is 1.19, which is 325% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock Resources stock overvalued right now?
Based on GuruFocus' analysis, Comstock Resources (CRK) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.09, compared to a current price of $12.96 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.19, which is 325% above median its 10-year median of 0.28 and 13.3% above the Oil & Gas industry median of 1.05. Comstock Resources' overall GF Score™ is 73/100 with 5 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 Comstock Resources (CRK), the current Cyclically Adjusted PS Ratio is 1.19 as of Aug. 06, 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 Comstock Resources (CRK) Overvalued in 2026?

Based on GuruFocus' analysis, Comstock Resources stock appears to be undervalued. The current stock price of $12.96 is trading 19.5% below its estimated GF Value™ of $16.09. GuruFocus considers Comstock Resources to be Modestly Undervalued.

Key valuation signals for CRK:

  • Cyclically Adjusted PS Ratio: 1.19 (325% above median its 10-year median of 0.28)
  • GF Value™: $16.09 vs. price of $12.96 (19.5% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 13.3% above the Oil & Gas median (#389 of 714)

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


Comstock Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CX91:Germany
Address 5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. The company's oil and gas operations are concentrated in Louisiana and Texas.
73GF Score

Get the complete analysis for CRK

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

$12.96
Price
$16.09
GF Value