Nostrum Oil & Gas (LSE:NOG) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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What is Nostrum Oil & Gas Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nostrum Oil & Gas  (LSE:NOG) 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.


Nostrum Oil & Gas Cyclically Adjusted PS Ratio Related Terms


Nostrum Oil & Gas Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nostrum 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.

Nostrum Oil & Gas Cyclically Adjusted PS Ratio Chart

Nostrum Oil & Gas 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 0.03 0.02 0.01 0.00 0.00

Nostrum Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00

LSE:NOG vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Integrated subindustry, Nostrum 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.


Nostrum Oil & Gas Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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



Nostrum 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.

Nostrum Oil & Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nostrum Oil & Gas's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.18/142.3000*142.3000
=0.180

Current CPI (Jun. 2026) = 142.3000.

Nostrum Oil & Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.363 101.500 4.715
201612 4.482 102.200 6.241
201703 4.878 102.700 6.759
201706 4.142 103.500 5.695
201709 3.867 104.300 5.276
201712 4.146 105.000 5.619
201803 3.676 105.100 4.977
201806 3.839 105.900 5.159
201809 4.966 106.600 6.629
201812 3.295 107.100 4.378
201903 3.957 107.000 5.262
201906 3.306 107.900 4.360
201909 3.335 108.400 4.378
201912 3.012 108.500 3.950
202003 2.551 108.600 3.343
202006 1.403 108.800 1.835
202009 1.806 109.200 2.353
202012 1.640 109.400 2.133
202103 1.808 109.700 2.345
202106 1.781 111.400 2.275
202109 1.973 112.400 2.498
202112 2.108 114.700 2.615
202203 2.423 116.500 2.960
202206 2.047 120.500 2.417
202209 2.191 122.300 2.549
202212 2.033 125.300 2.309
202303 0.084 126.800 0.094
202306 0.168 129.400 0.185
202309 0.168 130.100 0.184
202312 0.147 130.500 0.160
202403 0.148 131.600 0.160
202406 0.157 133.000 0.168
202409 0.164 133.500 0.175
202412 0.165 135.100 0.174
202503 0.141 136.100 0.147
202506 0.155 138.400 0.159
202509 0.096 138.900 0.098
202512 0.148 139.900 0.151
202603 0.147 140.800 0.149
202606 0.180 142.300 0.180

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.


Nostrum Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NOGl:UK3NO0:Germany
Address 20 Eastbourne Terrace, London, GBR, W2 6LG
Nostrum Oil & Gas PLC is engaged in the production, development, and exploration of oil and gas in Kazakhstan. It provides the market with crude oil, stabilized liquid condensate, liquefied petroleum gas, and dry gas. Majority of the company's production is derived from licensed assets in the pre-Caspian basin that can be found in western Kazakhstan. In addition to handling the production of its oil assets, Nostrum handles marketing and transportation. It has a network of pipelines and terminals that help ship products to a variety of end markets. The company's client base includes a host of international customers.