HGHAF (High Arctic Energy Services) Cyclically Adjusted PS Ratio: 0.09 (As of Jul. 22, 2026) — 76% Below Median

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HGHAF High Arctic Energy Services Inc HGHAF
34 GF Score
Price $0.68
GF Value $0.85
Valuation Modestly Undervalued
! 3 Warning Signs
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What is High Arctic Energy Services Cyclically Adjusted PS Ratio?

High Arctic Energy Services HGHAF 34 Cyclically Adjusted PS Ratio is 0.09 as of Jul. 22, 2026, which is 76% below its 10-year median of 0.37. GuruFocus rates HGHAF with a GF Score™ of 34/100 and a GF Value™ of $0.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 707 Oil & Gas companies, High Arctic Energy Services ranks better than 92.79% on this metric.

As of today (2026-07-22), High Arctic Energy Services's current share price is $0.68. High Arctic Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $7.56. High Arctic Energy Services's Cyclically Adjusted PS Ratio for today is 0.09.

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

HGHAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.37   Max: 0.78
Current: 0.09

During the past years, High Arctic Energy Services's highest Cyclically Adjusted PS Ratio was 0.78. The lowest was 0.07. And the median was 0.37.

HGHAF's Cyclically Adjusted PS Ratio is ranked better than
92.79% of 707 companies
in the Oil & Gas industry
Industry Median: 1.03 vs HGHAF: 0.09

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.

High Arctic Energy Services's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.157. 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 $7.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


High Arctic Energy Services  (OTCPK:HGHAF) 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.


High Arctic Energy Services Cyclically Adjusted PS Ratio Related Terms


High Arctic Energy Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for High Arctic Energy Services'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.

High Arctic Energy Services Cyclically Adjusted PS Ratio Chart

High Arctic Energy Services 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 0.38 0.39 0.30 0.09 0.08

High Arctic Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.09 0.08 0.08 0.08 0.09

HGHAF vs SLB, BKR, HAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services'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.


High Arctic Energy Services Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

* The bar in red indicates where High Arctic Energy Services's Cyclically Adjusted PS Ratio falls into.


HGHAF
34GF Score
High Arctic Energy Services Inc HGHAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Arctic Energy Services 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.

High Arctic Energy Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.68/7.56
=0.09

* 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.

High Arctic Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, High Arctic Energy Services's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.157/132.2623*132.2623
=0.157

Current CPI (Mar. 2026) = 132.2623.

High Arctic Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.548 102.002 3.304
201609 2.713 101.765 3.526
201612 3.512 101.449 4.579
201703 3.606 102.634 4.647
201706 2.870 103.029 3.684
201709 2.612 103.345 3.343
201712 2.945 103.345 3.769
201803 3.094 105.004 3.897
201806 2.709 105.557 3.394
201809 3.352 105.636 4.197
201812 2.878 105.399 3.612
201903 2.716 106.979 3.358
201906 2.787 107.690 3.423
201909 2.992 107.611 3.677
201912 2.620 107.769 3.215
202003 2.287 107.927 2.803
202006 0.958 108.401 1.169
202009 1.128 108.164 1.379
202012 1.056 108.559 1.287
202103 1.159 110.298 1.390
202106 1.098 111.720 1.300
202109 1.207 112.905 1.414
202112 1.516 113.774 1.762
202203 1.861 117.646 2.092
202206 1.604 120.806 1.756
202209 0.735 120.648 0.806
202212 0.731 120.964 0.799
202303 0.527 122.702 0.568
202306 0.039 124.203 0.042
202309 0.059 125.230 0.062
202312 0.061 125.072 0.065
202403 0.175 126.258 0.183
202406 0.147 127.522 0.152
202409 0.149 127.285 0.155
202412 0.138 127.364 0.143
202503 0.130 129.181 0.133
202506 0.132 129.892 0.134
202509 0.167 130.287 0.170
202512 0.170 130.366 0.172
202603 0.157 132.262 0.157

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 0.09 mean?
High Arctic Energy Services (HGHAF) has a Cyclically Adjusted PS Ratio of 0.09 as of Jul. 22, 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 High Arctic Energy Services and its competitors. This is 76% below median its historical median of 0.37. Over the past decade, High Arctic Energy Services' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.78. According to the industry distribution chart, High Arctic Energy Services ranks #51 out of 707 companies in the Oil & Gas industry, placing it in the top 7.2%.
Is High Arctic Energy Services' Cyclically Adjusted PS Ratio too high?
High Arctic Energy Services' current Cyclically Adjusted PS Ratio of 0.09 is 76% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.78. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.03. High Arctic Energy Services' value of 0.09 is 91.3% below this industry median. Based on the distribution chart, High Arctic Energy Services ranks #51 out of 707 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, High Arctic Energy Services has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Energy Services ranks #51 out of 707 companies for Cyclically Adjusted PS Ratio. This places High Arctic Energy Services in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.03. High Arctic Energy Services' value of 0.09 is 91.3% below this benchmark. Historically, High Arctic Energy Services' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.78 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.03, High Arctic Energy Services has consistently been below 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 1.03, 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. High Arctic Energy Services's current Cyclically Adjusted PS Ratio of 0.09 is 91.3% below 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 High Arctic Energy Services and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Arctic Energy Services's current Cyclically Adjusted PS Ratio is 0.09, which is 76% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Energy Services stock overvalued right now?
Based on GuruFocus' analysis, High Arctic Energy Services (HGHAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.85, compared to a current price of $0.68 — trading 20% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 76% below median its 10-year median of 0.37 and 91.3% below the Oil & Gas industry median of 1.03. High Arctic Energy Services' overall GF Score™ is 34/100 with 3 warning signs 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 High Arctic Energy Services (HGHAF), the current Cyclically Adjusted PS Ratio is 0.09 as of Jul. 22, 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 High Arctic Energy Services (HGHAF) Overvalued in 2026?

Based on GuruFocus' analysis, High Arctic Energy Services stock appears to be undervalued. The current stock price of $0.68 is trading 20% below its estimated GF Value™ of $0.85. GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.

Key valuation signals for HGHAF:

  • Cyclically Adjusted PS Ratio: 0.09 (76% below median its 10-year median of 0.37)
  • GF Value™: $0.85 vs. price of $0.68 (20% below fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 91.3% below the Oil & Gas median (#51 of 707)

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


High Arctic Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges HWO:Canada
Address Calgary Place I, 330 -5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services and the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada. The Rental Services segment generates the majority company's revenue.
34GF Score

Get the complete analysis for HGHAF

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

$0.68
Price
$0.85
GF Value