GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gear Energy Ltd (FRA:0GY) » Definitions » Cyclically Adjusted PS Ratio

Gear Energy (FRA:0GY) Cyclically Adjusted PS Ratio : 0.79 (As of Jun. 07, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Gear Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Gear Energy's current share price is €0.444. Gear Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.56. Gear Energy's Cyclically Adjusted PS Ratio for today is 0.79.

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

FRA:0GY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.96   Max: 1.49
Current: 0.79

During the past years, Gear Energy's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.67. And the median was 0.96.

FRA:0GY's Cyclically Adjusted PS Ratio is ranked better than
54.37% of 756 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:0GY: 0.79

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.

Gear Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.092. 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 €0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gear Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gear Energy'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.

* Premium members only.

Gear Energy Cyclically Adjusted PS Ratio Chart

Gear Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.07 0.70

Gear Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.99 0.95 0.91 0.70 0.76

Competitive Comparison of Gear Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Gear Energy'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.


Gear Energy's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Gear Energy 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.

Gear Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.444/0.56
=0.79

* 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.

Gear Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gear Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.092/126.2576*126.2576
=0.092

Current CPI (Mar. 2024) = 126.2576.

Gear Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.449 99.473 0.570
201409 0.472 99.394 0.600
201412 0.389 98.367 0.499
201503 0.218 99.789 0.276
201506 0.260 100.500 0.327
201509 0.185 100.421 0.233
201512 0.126 99.947 0.159
201603 0.065 101.054 0.081
201606 0.125 102.002 0.155
201609 0.072 101.765 0.089
201612 0.084 101.449 0.105
201703 0.074 102.634 0.091
201706 0.083 103.029 0.102
201709 0.086 103.345 0.105
201712 0.094 103.345 0.115
201803 0.080 105.004 0.096
201806 0.113 105.557 0.135
201809 0.101 105.636 0.121
201812 0.039 105.399 0.047
201903 0.096 106.979 0.113
201906 0.106 107.690 0.124
201909 0.095 107.611 0.111
201912 0.095 107.769 0.111
202003 0.057 107.927 0.067
202006 0.016 108.401 0.019
202009 0.062 108.164 0.072
202012 0.058 108.559 0.067
202103 0.073 110.298 0.084
202106 0.081 111.720 0.092
202109 0.090 112.905 0.101
202112 0.105 113.774 0.117
202203 0.121 117.646 0.130
202206 0.159 120.806 0.166
202209 0.129 120.648 0.135
202212 0.105 120.964 0.110
202303 0.087 122.702 0.090
202306 0.095 124.203 0.097
202309 0.109 125.230 0.110
202312 0.097 125.072 0.098
202403 0.092 126.258 0.092

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.


Gear Energy  (FRA:0GY) 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.


Gear Energy Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Gear Energy's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gear Energy (FRA:0GY) Business Description

Industry
Traded in Other Exchanges
Address
205 - 5th Avenue S.W., Suite 800, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
Gear Energy Ltd is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company's oil-focused operations are located in three core areas; Lloydminster Heavy Oil, Western Alberta Light/Medium Oil, and Southeast Saskatchewan Light Oil.

Gear Energy (FRA:0GY) Headlines

No Headlines