LPG (Dorian LPG) Cyclically Adjusted PS Ratio: 5.44 (As of Jul. 29, 2026) — 21% Above Median

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LPG Dorian LPG Ltd LPG
86 GF Score
Price $44.47
GF Value $34.08
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Dorian LPG Cyclically Adjusted PS Ratio?

Dorian LPG LPG +1.28% 86 Cyclically Adjusted PS Ratio is 5.44 as of Jul. 29, 2026, which is 21% above its 10-year median of 4.50. GuruFocus rates LPG with a GF Score™ of 86/100 and a GF Value™ of $34.08 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 707 Oil & Gas companies, Dorian LPG ranks worse than 90.24% on this metric.

As of today (2026-07-29), Dorian LPG's current share price is $44.47. Dorian LPG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $8.18. Dorian LPG's Cyclically Adjusted PS Ratio for today is 5.44.

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

LPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31   Med: 4.5   Max: 7.81
Current: 5.44

During the past years, Dorian LPG's highest Cyclically Adjusted PS Ratio was 7.81. The lowest was 2.31. And the median was 4.50.

LPG's Cyclically Adjusted PS Ratio is ranked worse than
90.24% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs LPG: 5.44

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.

Dorian LPG's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.605. 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 $8.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorian LPG  (NYSE:LPG) 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.


Dorian LPG Cyclically Adjusted PS Ratio Related Terms


Dorian LPG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dorian LPG'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.

Dorian LPG Cyclically Adjusted PS Ratio Chart

Dorian LPG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 5.71 2.98 4.18

Dorian LPG 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 2.98 3.18 3.80 3.09 4.18

LPG vs NGL, GEL, FLNG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Dorian LPG'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.


Dorian LPG Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


LPG
86GF Score
Dorian LPG Ltd LPG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dorian LPG 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.

Dorian LPG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.47/8.18
=5.44

* 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.

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

For example, Dorian LPG'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)
=3.605/330.2130*330.2130
=3.605

Current CPI (Mar. 2026) = 330.2130.

Dorian LPG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.923 241.018 1.265
201609 0.624 241.428 0.853
201612 0.663 241.432 0.907
201703 0.884 243.801 1.197
201706 0.761 244.955 1.026
201709 0.642 246.819 0.859
201712 0.821 246.524 1.100
201803 0.721 249.554 0.954
201806 0.510 251.989 0.668
201809 0.750 252.439 0.981
201812 1.012 251.233 1.330
201903 0.627 254.202 0.814
201906 1.115 256.143 1.437
201909 1.673 256.759 2.152
201912 1.577 256.974 2.026
202003 1.809 258.115 2.314
202006 1.444 257.797 1.850
202009 1.078 260.280 1.368
202012 1.757 260.474 2.227
202103 2.097 264.877 2.614
202106 1.529 271.696 1.858
202109 1.573 274.310 1.894
202112 1.714 278.802 2.030
202203 1.986 287.504 2.281
202206 1.915 296.311 2.134
202209 1.892 296.808 2.105
202212 2.567 296.797 2.856
202303 3.315 301.836 3.627
202306 2.763 305.109 2.990
202309 3.581 307.789 3.842
202312 4.026 306.746 4.334
202403 3.475 312.332 3.674
202406 2.781 314.175 2.923
202409 1.935 315.301 2.027
202412 1.894 315.605 1.982
202503 1.782 319.799 1.840
202506 1.982 322.561 2.029
202509 2.910 324.800 2.958
202512 2.816 324.054 2.870
202603 3.605 330.213 3.605

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 5.44 mean?
Dorian LPG (LPG) has a Cyclically Adjusted PS Ratio of 5.44 as of Jul. 29, 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 Dorian LPG and its competitors. This is 21% above median its historical median of 4.50. Over the past decade, Dorian LPG's Cyclically Adjusted PS Ratio has ranged from 2.31 to 7.81. According to the industry distribution chart, Dorian LPG ranks #638 out of 707 companies in the Oil & Gas industry, placing it in the top 90.2%.
Is Dorian LPG's Cyclically Adjusted PS Ratio too high?
Dorian LPG's current Cyclically Adjusted PS Ratio of 5.44 is 21% above median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 7.81. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Dorian LPG's value of 5.44 is 418.1% above this industry median. Based on the distribution chart, Dorian LPG ranks #638 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dorian LPG has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dorian LPG's Cyclically Adjusted PS Ratio compare to NGL and GEL?
According to the Oil & Gas industry distribution chart, Dorian LPG ranks #638 out of 707 companies for Cyclically Adjusted PS Ratio. This places Dorian LPG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Dorian LPG's value of 5.44 is 418.1% above this benchmark. Historically, Dorian LPG's own Cyclically Adjusted PS Ratio has ranged from 2.31 to 7.81 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 1.05, Dorian LPG has consistently been above 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 1.05, 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. Dorian LPG's current Cyclically Adjusted PS Ratio of 5.44 is 418.1% above 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 Dorian LPG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dorian LPG's current Cyclically Adjusted PS Ratio is 5.44, which is 21% above median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dorian LPG stock overvalued right now?
Based on GuruFocus' analysis, Dorian LPG (LPG) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.08, compared to a current price of $44.47 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.44, which is 21% above median its 10-year median of 4.50 and 418.1% above the Oil & Gas industry median of 1.05. Dorian LPG's overall GF Score™ is 86/100 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 Dorian LPG (LPG), the current Cyclically Adjusted PS Ratio is 5.44 as of Jul. 29, 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 Dorian LPG (LPG) Overvalued in 2026?

Based on GuruFocus' analysis, Dorian LPG stock appears to be overvalued. The current stock price of $44.47 is trading 30.5% above its estimated GF Value™ of $34.08. GuruFocus considers Dorian LPG to be Modestly Overvalued.

Key valuation signals for LPG:

  • Cyclically Adjusted PS Ratio: 5.44 (21% above median its 10-year median of 4.50)
  • GF Value™: $34.08 vs. price of $44.47 (30.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 418.1% above the Oil & Gas median (#638 of 707)

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


Dorian LPG Business Description

Industry EnergyOil & Gas
Other Exchanges 0A8W:UK0DA:Germany
Address 27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece. IT operates in one reportable segment, the international transportation of LPG.
86GF Score

Get the complete analysis for LPG

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

$44.47
Price
$34.08
GF Value