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Harvest Oil & Gas (Harvest Oil & Gas) Cyclically Adjusted PS Ratio : (As of Jun. 12, 2024)


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What is Harvest Oil & Gas Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harvest Oil & Gas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Harvest Oil & Gas'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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Harvest Oil & Gas Cyclically Adjusted PS Ratio Chart

Harvest Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Harvest Oil & Gas Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Harvest Oil & Gas's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Harvest Oil & Gas'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.


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

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

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



Harvest Oil & Gas 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.

Harvest Oil & Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Harvest Oil & Gas's adjusted Revenue per Share data for the three months ended in Sep. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=7.317/109.8149*109.8149
=7.317

Current CPI (Sep. 2020) = 109.8149.

Harvest Oil & Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 15.759 92.474 18.714
201103 19.250 94.283 22.421
201106 20.154 95.235 23.240
201109 18.599 95.727 21.336
201112 18.774 95.213 21.653
201203 19.070 96.783 21.638
201206 14.890 96.819 16.889
201209 16.184 97.633 18.203
201212 17.780 96.871 20.156
201303 17.317 98.209 19.363
201306 19.128 98.518 21.321
201309 19.111 98.790 21.244
201312 16.711 98.326 18.664
201403 19.641 99.695 21.635
201406 18.398 100.560 20.091
201409 17.404 100.428 19.031
201412 14.448 99.070 16.015
201503 9.681 99.621 10.672
201506 9.097 100.684 9.922
201509 7.841 100.392 8.577
201512 9.812 99.792 10.797
201603 7.801 100.470 8.527
201606 8.730 101.688 9.428
201609 10.471 101.861 11.289
201612 10.691 101.863 11.526
201703 11.555 102.862 12.336
201706 11.353 103.349 12.063
201709 10.665 104.136 11.247
201712 12.154 104.011 12.832
201803 13.762 105.290 14.353
201806 0.000 106.317 0.000
201809 68.760 106.507 70.896
201812 0.000 105.998 0.000
201903 43.671 107.251 44.715
201906 30.405 108.070 30.896
201909 22.951 108.329 23.266
201912 15.853 108.420 16.057
202003 9.184 108.902 9.261
202006 7.301 108.767 7.371
202009 7.317 109.815 7.317

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.


Harvest Oil & Gas  (OTCPK:HRST) 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.


Harvest Oil & Gas Cyclically Adjusted PS Ratio Related Terms

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Harvest Oil & Gas (Harvest Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1001 Fannin Street, Suite 300, Houston, TX, USA, 77002
Harvest Oil & Gas Corp is engaged in the acquisition, development, and production of oil and natural gas properties.