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ION Geophysical (FRA:IO8N) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is ION Geophysical Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ION Geophysical Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ION Geophysical'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.

ION Geophysical Cyclically Adjusted PS Ratio Chart

ION Geophysical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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ION Geophysical Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of ION Geophysical's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, ION Geophysical'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.


ION Geophysical's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



ION Geophysical 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.

ION Geophysical's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, ION Geophysical's adjusted Revenue per Share data for the three months ended in Sep. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=1.32/115.7343*115.7343
=1.320

Current CPI (Sep. 2021) = 115.7343.

ION Geophysical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 11.678 95.213 14.195
201203 8.102 96.783 9.688
201206 7.737 96.819 9.249
201209 9.744 97.633 11.551
201212 12.135 96.871 14.498
201303 9.550 98.209 11.254
201306 8.761 98.518 10.292
201309 5.701 98.790 6.679
201312 14.674 98.326 17.272
201403 9.565 99.695 11.104
201406 8.156 100.560 9.387
201409 7.555 100.428 8.706
201412 10.133 99.070 11.837
201503 3.418 99.621 3.971
201506 2.986 100.684 3.432
201509 5.409 100.392 6.236
201512 6.528 99.792 7.571
201603 1.920 100.470 2.212
201606 2.819 101.688 3.208
201609 5.883 101.861 6.684
201612 2.843 101.863 3.230
201703 2.576 102.862 2.898
201706 3.448 103.349 3.861
201709 4.246 104.136 4.719
201712 4.105 104.011 4.568
201803 2.121 105.290 2.331
201806 1.521 106.317 1.656
201809 2.889 106.507 3.139
201812 4.680 105.998 5.110
201903 2.331 107.251 2.515
201906 2.622 108.070 2.808
201909 3.409 108.329 3.642
201912 2.705 108.420 2.887
202003 3.588 108.902 3.813
202006 1.417 108.767 1.508
202009 0.965 109.815 1.017
202012 1.566 109.897 1.649
202103 0.750 111.754 0.777
202106 0.625 114.631 0.631
202109 1.320 115.734 1.320

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.


ION Geophysical  (FRA:IO8N) 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.


ION Geophysical Cyclically Adjusted PS Ratio Related Terms

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ION Geophysical (FRA:IO8N) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855
ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.

ION Geophysical (FRA:IO8N) Headlines

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