JX Energy (HKSE:03395) Cyclically Adjusted PS Ratio: 0.56 (As of Aug. 23, 2026) — 27% Below Median

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HKSE:03395 JX Energy Ltd HKSE:03395
28 GF Score
Price HK$0.20
GF Value HK$0.09
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is JX Energy Cyclically Adjusted PS Ratio?

JX Energy HKSE:03395 +2.60% 28 Cyclically Adjusted PS Ratio is 0.56 as of Aug. 23, 2026, which is 27% below its 10-year median of 0.77. GuruFocus rates HKSE:03395 with a GF Score™ of 28/100 and a GF Value™ of HK$0.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 716 Oil & Gas companies, JX Energy ranks better than 66.34% on this metric.

As of today (2026-08-23), JX Energy's current share price is HK$0.197. JX Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was HK$0.35. JX Energy's Cyclically Adjusted PS Ratio for today is 0.56.

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

HKSE:03395' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.77   Max: 1.17
Current: 0.57

During the past years, JX Energy's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.56. And the median was 0.77.

HKSE:03395's Cyclically Adjusted PS Ratio is ranked better than
66.34% of 716 companies
in the Oil & Gas industry
Industry Median: 1.06 vs HKSE:03395: 0.57

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.

JX Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was HK$0.025. 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 HK$0.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JX Energy  (HKSE:03395) 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.


JX Energy Cyclically Adjusted PS Ratio Related Terms


JX Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JX Energy'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.

JX Energy Cyclically Adjusted PS Ratio Chart

JX Energy 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 0.00 0.00 0.00 0.00 0.80

JX Energy 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 0.00 0.00 0.00 0.80 0.84

HKSE:03395 vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, JX Energy'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.


JX Energy Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


HKSE:03395
28GF Score
JX Energy Ltd HKSE:03395
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JX Energy 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.

JX Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.197/0.35
=0.56

* 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.

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

For example, JX Energy'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)
=0.025/132.2623*132.2623
=0.025

Current CPI (Mar. 2026) = 132.2623.

JX Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 98.367 0.000
201512 0.102 99.947 0.135
201609 0.192 101.765 0.250
201612 0.238 101.449 0.310
201706 0.000 103.029 0.000
201709 0.118 103.345 0.151
201712 0.117 103.345 0.150
201803 0.120 105.004 0.151
201806 0.081 105.557 0.101
201809 0.073 105.636 0.091
201812 0.081 105.399 0.102
201903 0.106 106.979 0.131
201906 0.049 107.690 0.060
201909 0.040 107.611 0.049
201912 0.091 107.769 0.112
202003 0.061 107.927 0.075
202006 0.052 108.401 0.063
202009 0.058 108.164 0.071
202012 0.085 108.559 0.104
202103 0.101 110.298 0.121
202106 0.086 111.720 0.102
202109 0.086 112.905 0.101
202112 0.083 113.774 0.096
202203 0.099 117.646 0.111
202206 0.133 120.806 0.146
202209 0.072 120.648 0.079
202212 0.083 120.964 0.091
202303 0.054 122.702 0.058
202306 0.031 124.203 0.033
202309 0.051 125.230 0.054
202312 0.040 125.072 0.042
202403 0.034 126.258 0.036
202406 0.008 127.522 0.008
202409 0.003 127.285 0.003
202412 0.012 127.364 0.012
202503 0.025 129.181 0.026
202506 0.023 129.892 0.023
202509 0.002 130.287 0.002
202512 0.017 130.366 0.017
202603 0.025 132.262 0.025

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 0.56 mean?
JX Energy (HKSE:03395) has a Cyclically Adjusted PS Ratio of 0.56 as of Aug. 23, 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 JX Energy and its competitors. This is 27% below median its historical median of 0.77. Over the past decade, JX Energy's Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.17. According to the industry distribution chart, JX Energy ranks #241 out of 716 companies in the Oil & Gas industry, placing it in the top 33.7%.
Is JX Energy's Cyclically Adjusted PS Ratio too high?
JX Energy's current Cyclically Adjusted PS Ratio of 0.56 is 27% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.17. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. JX Energy's value of 0.56 is 47.2% below this industry median. Based on the distribution chart, JX Energy ranks #241 out of 716 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, JX Energy has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JX Energy's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, JX Energy ranks #241 out of 716 companies for Cyclically Adjusted PS Ratio. This puts JX Energy in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. JX Energy's value of 0.56 is 47.2% below this benchmark. Historically, JX Energy's own Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.17 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.06, JX Energy 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 1.06, based on 716 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. JX Energy's current Cyclically Adjusted PS Ratio of 0.56 is 47.2% 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 JX Energy 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. JX Energy's current Cyclically Adjusted PS Ratio is 0.56, which is 27% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JX Energy stock overvalued right now?
Based on GuruFocus' analysis, JX Energy (HKSE:03395) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.20 — trading 118.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.56, which is 27% below median its 10-year median of 0.77 and 47.2% below the Oil & Gas industry median of 1.06. JX Energy's overall GF Score™ is 28/100 with 6 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 JX Energy (HKSE:03395), the current Cyclically Adjusted PS Ratio is 0.56 as of Aug. 23, 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 JX Energy (HKSE:03395) Overvalued in 2026?

Based on GuruFocus' analysis, JX Energy stock appears to be overvalued. The current stock price of HK$0.20 is trading 118.9% above its estimated GF Value™ of HK$0.09. GuruFocus considers JX Energy to be Significantly Overvalued.

Key valuation signals for HKSE:03395:

  • Cyclically Adjusted PS Ratio: 0.56 (27% below median its 10-year median of 0.77)
  • GF Value™: HK$0.09 vs. price of HK$0.20 (118.9% above fair value)
  • GF Score™: 28/100 with 6 warning signs
  • Industry Position: 47.2% below the Oil & Gas median (#241 of 716)

No single metric tells the full story. See the HKSE:03395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JX Energy Business Description

Industry EnergyOil & Gas
Address 717 - 7th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0Z3
JX Energy Ltd is an exploration and development company pursuing petroleum and natural gas production in Alberta, Canada. It focuses on liquids-rich gas and light crude oil assets in Western Canada with two core areas comprising: Alberta Foothills, which includes natural gas properties in Basing and Voyager area, and Peace River, which includes light crude oil properties in the key areas of Dawson. JX Energy generates the majority of its revenue from the sale of natural gas, natural gas liquids, and condensate. The company has only one reportable operating segment, which is the oil and gas division, principally engaged in oil and gas production, development, exploration, and natural gas trading in western Canada.
28GF Score

Get the complete analysis for HKSE:03395

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

HK$0.20
Price
HK$0.09
GF Value