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Teekay (HAM:TCD) Cyclically Adjusted PS Ratio : 0.39 (As of May. 26, 2024)


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What is Teekay Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Teekay's current share price is €8.415. Teekay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.36. Teekay's Cyclically Adjusted PS Ratio for today is 0.39.

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

HAM:TCD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.23   Max: 2.06
Current: 0.4

During the past years, Teekay's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 0.06. And the median was 0.23.

HAM:TCD's Cyclically Adjusted PS Ratio is ranked better than
67.64% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs HAM:TCD: 0.40

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.

Teekay's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.534. 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 €21.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teekay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Teekay'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.

Teekay Cyclically Adjusted PS Ratio Chart

Teekay 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 0.19 0.08 0.12 0.18 0.29

Teekay 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 0.24 0.24 0.25 0.29 0.30

Competitive Comparison of Teekay's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Teekay'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.


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

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

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



Teekay 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.

Teekay's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.415/21.36
=0.39

* 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.

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

For example, Teekay'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)
=3.534/131.7762*131.7762
=3.534

Current CPI (Mar. 2024) = 131.7762.

Teekay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.621 100.560 6.055
201409 5.159 100.428 6.769
201412 6.096 99.070 8.109
201503 6.952 99.621 9.196
201506 7.188 100.684 9.408
201509 7.495 100.392 9.838
201512 8.818 99.792 11.644
201603 7.914 100.470 10.380
201606 7.169 101.688 9.290
201609 5.742 101.861 7.428
201612 6.078 101.863 7.863
201703 5.896 102.862 7.553
201706 5.303 103.349 6.762
201709 4.871 104.136 6.164
201712 3.186 104.011 4.036
201803 3.283 105.290 4.109
201806 3.457 106.317 4.285
201809 3.554 106.507 4.397
201812 4.302 105.998 5.348
201903 4.287 107.251 5.267
201906 4.060 108.070 4.951
201909 3.836 108.329 4.666
201912 5.060 108.420 6.150
202003 5.149 108.902 6.231
202006 4.237 108.767 5.133
202009 3.330 109.815 3.996
202012 2.945 109.897 3.531
202103 1.532 111.754 1.806
202106 1.255 114.631 1.443
202109 1.232 115.734 1.403
202112 1.700 117.630 1.904
202203 1.887 121.301 2.050
202206 2.538 125.017 2.675
202209 2.925 125.227 3.078
202212 3.370 125.222 3.546
202303 3.892 127.348 4.027
202306 3.772 128.729 3.861
202309 3.079 129.860 3.124
202312 3.290 129.419 3.350
202403 3.534 131.776 3.534

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.


Teekay  (HAM:TCD) 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.


Teekay Cyclically Adjusted PS Ratio Related Terms

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


Teekay (HAM:TCD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (HAM:TCD) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.

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