Athabasca Oil (FRA:ATI) Cyclically Adjusted PS Ratio: 4.89 (As of Aug. 02, 2026) — 114% Above Median

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FRA:ATI Athabasca Oil Corp FRA:ATI
58 GF Score
Price €6.50
GF Value €3.88
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Athabasca Oil Cyclically Adjusted PS Ratio?

Athabasca Oil FRA:ATI +1.37% 58 Cyclically Adjusted PS Ratio is 4.89 as of Aug. 02, 2026, which is 114% above its 10-year median of 2.28. GuruFocus rates FRA:ATI with a GF Score™ of 58/100 and a GF Value™ of €3.88 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 707 Oil & Gas companies, Athabasca Oil ranks worse than 88.12% on this metric.

As of today (2026-08-02), Athabasca Oil's current share price is €6.502. Athabasca Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.33. Athabasca Oil's Cyclically Adjusted PS Ratio for today is 4.89.

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

FRA:ATI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 2.28   Max: 5.91
Current: 4.73

During the past years, Athabasca Oil's highest Cyclically Adjusted PS Ratio was 5.91. The lowest was 0.17. And the median was 2.28.

FRA:ATI's Cyclically Adjusted PS Ratio is ranked worse than
88.12% of 707 companies
in the Oil & Gas industry
Industry Median: 1.06 vs FRA:ATI: 4.73

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.

Athabasca Oil's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.433. 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 €1.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Athabasca Oil  (FRA:ATI) 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.


Athabasca Oil Cyclically Adjusted PS Ratio Related Terms


Athabasca Oil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Athabasca Oil'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.

Athabasca Oil Cyclically Adjusted PS Ratio Chart

Athabasca Oil 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 1.26 1.92 2.82 3.10 3.51

Athabasca Oil 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 2.99 3.41 3.51 5.35 4.66

FRA:ATI vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Athabasca Oil'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.


Athabasca Oil Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


FRA:ATI
58GF Score
Athabasca Oil Corp FRA:ATI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Athabasca Oil 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.

Athabasca Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.502/1.33
=4.89

* 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.

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

For example, Athabasca Oil'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)
=0.433/133.5265*133.5265
=0.433

Current CPI (Jun. 2026) = 133.5265.

Athabasca Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.090 101.765 0.118
201612 0.097 101.449 0.128
201703 0.224 102.634 0.291
201706 0.266 103.029 0.345
201709 0.250 103.345 0.323
201712 0.310 103.345 0.401
201803 0.256 105.004 0.326
201806 0.319 105.557 0.404
201809 0.316 105.636 0.399
201812 0.123 105.399 0.156
201903 0.285 106.979 0.356
201906 0.275 107.690 0.341
201909 0.277 107.611 0.344
201912 0.234 107.769 0.290
202003 0.162 107.927 0.200
202006 0.064 108.401 0.079
202009 0.153 108.164 0.189
202012 0.188 108.559 0.231
202103 0.267 110.298 0.323
202106 0.297 111.720 0.355
202109 0.343 112.905 0.406
202112 0.366 113.774 0.430
202203 0.526 117.646 0.597
202206 0.549 120.806 0.607
202209 0.484 120.648 0.536
202212 0.324 120.964 0.358
202303 0.338 122.702 0.368
202306 0.318 124.203 0.342
202309 0.451 125.230 0.481
202312 0.376 125.072 0.401
202403 0.366 126.258 0.387
202406 0.481 127.522 0.504
202409 0.455 127.285 0.477
202412 0.441 127.364 0.462
202503 0.456 129.181 0.471
202506 0.447 129.892 0.460
202509 0.412 130.287 0.422
202512 0.380 130.366 0.389
202603 0.514 132.262 0.519
202606 0.433 133.527 0.433

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 4.89 mean?
Athabasca Oil (FRA:ATI) has a Cyclically Adjusted PS Ratio of 4.89 as of Aug. 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 Athabasca Oil and its competitors. This is 114% above median its historical median of 2.28. Over the past decade, Athabasca Oil's Cyclically Adjusted PS Ratio has ranged from 0.17 to 5.91. According to the industry distribution chart, Athabasca Oil ranks #623 out of 707 companies in the Oil & Gas industry, placing it in the top 88.1%.
Is Athabasca Oil's Cyclically Adjusted PS Ratio too high?
Athabasca Oil's current Cyclically Adjusted PS Ratio of 4.89 is 114% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 5.91. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Athabasca Oil's value of 4.89 is 361.3% above this industry median. Based on the distribution chart, Athabasca Oil ranks #623 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Athabasca Oil has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Athabasca Oil's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Athabasca Oil ranks #623 out of 707 companies for Cyclically Adjusted PS Ratio. This places Athabasca Oil in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Athabasca Oil's value of 4.89 is 361.3% above this benchmark. Historically, Athabasca Oil's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 5.91 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.06, Athabasca Oil 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 1.06, 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. Athabasca Oil's current Cyclically Adjusted PS Ratio of 4.89 is 361.3% 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 Athabasca Oil 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. Athabasca Oil's current Cyclically Adjusted PS Ratio is 4.89, which is 114% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athabasca Oil stock overvalued right now?
Based on GuruFocus' analysis, Athabasca Oil (FRA:ATI) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.88, compared to a current price of €6.50 — trading 67.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.89, which is 114% above median its 10-year median of 2.28 and 361.3% above the Oil & Gas industry median of 1.06. Athabasca Oil's overall GF Score™ is 58/100 with 1 warning sign 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 Athabasca Oil (FRA:ATI), the current Cyclically Adjusted PS Ratio is 4.89 as of Aug. 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 Athabasca Oil (FRA:ATI) Overvalued in 2026?

Based on GuruFocus' analysis, Athabasca Oil stock appears to be overvalued. The current stock price of €6.50 is trading 67.6% above its estimated GF Value™ of €3.88. GuruFocus considers Athabasca Oil to be Significantly Overvalued.

Key valuation signals for FRA:ATI:

  • Cyclically Adjusted PS Ratio: 4.89 (114% above median its 10-year median of 2.28)
  • GF Value™: €3.88 vs. price of €6.50 (67.6% above fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 361.3% above the Oil & Gas median (#623 of 707)

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


Athabasca Oil Business Description

Industry EnergyOil & Gas
Address 215 - 9 Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an exploration and production company developing Thermal Oil and Light Oil resources in the Western Canadian Sedimentary Basin located in Alberta, Canada. It operates through two segments: Athabasca (Thermal Oil), focused on bitumen production from oil sands in the Athabasca region of Northern Alberta, and Duvernay Energy, focused on the production of light and medium crude oil, tight oil, natural gas, shale gas, and natural gas liquids in the Greater Kaybob area near Fox Creek, Alberta. The majority of its revenue is derived from petroleum, natural gas, and midstream sales through the Athabasca segment.
58GF Score

Get the complete analysis for FRA:ATI

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

€6.50
Price
€3.88
GF Value