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PrairieSky Royalty (FRA:7PS) Cyclically Adjusted PS Ratio : 14.87 (As of May. 04, 2024)


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What is PrairieSky Royalty Cyclically Adjusted PS Ratio?

As of today (2024-05-04), PrairieSky Royalty's current share price is €17.10. PrairieSky Royalty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.15. PrairieSky Royalty's Cyclically Adjusted PS Ratio for today is 14.87.

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

FRA:7PS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.01   Med: 16.17   Max: 16.29
Current: 15.03

During the past years, PrairieSky Royalty's highest Cyclically Adjusted PS Ratio was 16.29. The lowest was 15.01. And the median was 16.17.

FRA:7PS's Cyclically Adjusted PS Ratio is ranked worse than
97.77% of 761 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:7PS: 15.03

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.

PrairieSky Royalty's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.343. 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 €1.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PrairieSky Royalty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PrairieSky Royalty'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.

PrairieSky Royalty Cyclically Adjusted PS Ratio Chart

PrairieSky Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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PrairieSky Royalty 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 - - - - 15.54

Competitive Comparison of PrairieSky Royalty's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, PrairieSky Royalty'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.


PrairieSky Royalty's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



PrairieSky Royalty 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.

PrairieSky Royalty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.10/1.15
=14.87

* 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.

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

For example, PrairieSky Royalty'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)
=0.343/125.4675*125.4675
=0.343

Current CPI (Mar. 2024) = 125.4675.

PrairieSky Royalty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.495 99.394 0.625
201412 0.000 98.367 0.000
201503 0.267 99.789 0.336
201506 0.345 100.500 0.431
201509 0.189 100.421 0.236
201512 0.178 99.947 0.223
201603 0.145 101.054 0.180
201606 0.145 102.002 0.178
201609 0.176 101.765 0.217
201612 0.211 101.449 0.261
201703 0.237 102.634 0.290
201706 0.289 103.029 0.352
201709 0.207 103.345 0.251
201712 0.256 103.345 0.311
201803 0.180 105.004 0.215
201806 0.211 105.557 0.251
201809 0.218 105.636 0.259
201812 0.144 105.399 0.171
201903 0.207 106.979 0.243
201906 0.197 107.690 0.230
201909 0.172 107.611 0.201
201912 0.196 107.769 0.228
202003 0.146 107.927 0.170
202006 0.079 108.401 0.091
202009 0.121 108.164 0.140
202012 0.135 108.559 0.156
202103 0.178 110.298 0.202
202106 0.212 111.720 0.238
202109 0.235 112.905 0.261
202112 0.308 113.774 0.340
202203 0.420 117.646 0.448
202206 0.612 120.806 0.636
202209 0.490 120.648 0.510
202212 0.438 120.964 0.454
202303 0.360 122.702 0.368
202306 0.341 124.203 0.344
202309 0.386 125.230 0.387
202312 0.390 125.468 0.390
202403 0.343 125.468 0.343

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.


PrairieSky Royalty  (FRA:7PS) 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.


PrairieSky Royalty Cyclically Adjusted PS Ratio Related Terms

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


PrairieSky Royalty (FRA:7PS) Business Description

Industry
Traded in Other Exchanges
Address
350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

PrairieSky Royalty (FRA:7PS) Headlines

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