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Granite Oil (Granite Oil) Cyclically Adjusted PS Ratio : (As of May. 07, 2024)


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What is Granite Oil Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Granite Oil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Granite 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.

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Granite Oil Cyclically Adjusted PS Ratio Chart

Granite Oil Annual Data
Trend Jan09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Granite Oil Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Granite Oil's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Granite 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.


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

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

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



Granite 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.

Granite Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Granite Oil's adjusted Revenue per Share data for the three months ended in Sep. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.184/107.6113*107.6113
=0.184

Current CPI (Sep. 2019) = 107.6113.

Granite Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.293 90.703 0.348
201003 0.393 91.335 0.463
201006 0.230 91.809 0.270
201009 0.203 92.362 0.237
201012 0.142 92.836 0.165
201103 0.167 94.338 0.190
201106 0.463 94.654 0.526
201109 0.448 95.286 0.506
201112 0.550 94.970 0.623
201203 0.681 96.155 0.762
201206 0.767 96.076 0.859
201209 1.012 96.392 1.130
201212 1.224 95.760 1.375
201303 1.220 97.103 1.352
201306 1.468 97.182 1.626
201309 2.032 97.419 2.245
201312 1.800 96.945 1.998
201403 2.093 98.604 2.284
201406 2.543 99.473 2.751
201409 2.583 99.394 2.797
201412 2.010 98.367 2.199
201503 1.208 99.789 1.303
201506 0.913 100.500 0.978
201509 0.375 100.421 0.402
201512 0.300 99.947 0.323
201603 0.200 101.054 0.213
201606 0.288 102.002 0.304
201609 0.260 101.765 0.275
201612 0.313 101.449 0.332
201703 0.317 102.634 0.332
201706 0.307 103.029 0.321
201709 0.302 103.345 0.314
201712 0.265 103.345 0.276
201803 0.241 105.004 0.247
201806 0.314 105.557 0.320
201809 0.278 105.636 0.283
201812 0.118 105.399 0.120
201903 0.182 106.979 0.183
201906 0.223 107.690 0.223
201909 0.184 107.611 0.184

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.


Granite Oil  (OTCPK:GXOCF) 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.


Granite Oil Cyclically Adjusted PS Ratio Related Terms

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Granite Oil (Granite Oil) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3230, 308 - 4th Avenue SW, Calgary, AB, CAN, T2P 0H7
Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.