Transneft PJSC (MIC:TRNFP) Cyclically Adjusted PS Ratio: 0.56 (As of Jul. 23, 2026)

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MIC:TRNFP Transneft PJSC MIC:TRNFP
17 GF Score
Price ₽1,046.40
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What is Transneft PJSC Cyclically Adjusted PS Ratio?

Transneft PJSC MIC:TRNFP -1.15% 17 Cyclically Adjusted PS Ratio is 0.56 as of Jul. 23, 2026. GuruFocus rates MIC:TRNFP with a GF Score™ of 17/100.

As of today (2026-07-23), Transneft PJSC's current share price is ₽1046.40. Transneft PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₽1,875.31. Transneft PJSC's Cyclically Adjusted PS Ratio for today is 0.56.

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

MIC:TRNFP's Cyclically Adjusted PS Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.04
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Transneft PJSC's adjusted revenue per share data for the three months ended in Dec. 2023 was ₽483.885. 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 ₽1,875.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transneft PJSC  (MIC:TRNFP) 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.


Transneft PJSC Cyclically Adjusted PS Ratio Related Terms


Transneft PJSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Transneft PJSC'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.

Transneft PJSC Cyclically Adjusted PS Ratio Chart

Transneft PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 92.56 48.45 77.05

Transneft PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 43.99 48.45 77.25 76.21 77.05

MIC:TRNFP vs EPD, WMB, ET: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Transneft PJSC'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.


Transneft PJSC Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MIC:TRNFP
17GF Score
Transneft PJSC MIC:TRNFP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transneft PJSC 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.

Transneft PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1046.40/1875.31
=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.

Transneft PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Transneft PJSC's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=483.885/249.1000*249.1000
=483.885

Current CPI (Dec. 2023) = 249.1000.

Transneft PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 261.202 121.400 535.959
201309 270.663 122.800 549.040
201312 264.768 124.900 528.052
201403 264.885 127.800 516.298
201406 267.258 130.900 508.586
201409 276.020 132.700 518.136
201412 282.249 139.000 505.815
201503 283.702 149.400 473.027
201506 289.461 150.900 477.831
201509 285.807 153.500 463.808
201512 289.558 157.000 459.420
201603 287.261 160.200 446.671
201606 300.492 162.200 461.483
201609 298.015 163.300 454.596
201612 308.497 165.400 464.611
201703 308.476 167.000 460.128
201706 307.679 169.200 452.972
201709 308.470 168.200 456.836
201712 318.005 169.600 467.070
201803 316.186 171.000 460.596
201806 328.398 173.100 472.582
201809 348.592 173.900 499.334
201812 364.097 176.800 512.990
201903 358.789 179.900 496.800
201906 358.910 181.200 493.402
201909 375.829 180.800 517.804
201912 373.957 182.200 511.266
202003 363.265 184.500 490.457
202006 314.974 187.000 419.572
202009 309.955 187.400 412.005
202012 339.431 191.100 442.450
202103 349.595 195.200 446.128
202106 380.744 199.100 476.360
202109 381.142 201.300 471.647
202206 418.703 230.800 451.902
202209 404.471 228.800 440.357
202212 407.633 231.900 437.867
202306 444.875 238.300 465.037
202309 473.744 242.600 486.437
202312 483.885 249.100 483.885

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?
Transneft PJSC (MIC:TRNFP) has a Cyclically Adjusted PS Ratio of 0.56 as of Jul. 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 Transneft PJSC and its competitors.
Is Transneft PJSC's Cyclically Adjusted PS Ratio too high?
Transneft PJSC's current Cyclically Adjusted PS Ratio is 0.56. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Transneft PJSC's value of 0.56 is 46.2% below this industry median. Overall, Transneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Transneft PJSC's Cyclically Adjusted PS Ratio compare to EPD and WMB?
Transneft PJSC's Cyclically Adjusted PS Ratio of 0.56 can be compared against companies in the Oil & Gas industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Transneft PJSC's value of 0.56 is 46.2% below this benchmark. 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 1.04, 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. Transneft PJSC's current Cyclically Adjusted PS Ratio of 0.56 is 46.2% 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 Transneft PJSC and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transneft PJSC's current Cyclically Adjusted PS Ratio is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transneft PJSC stock overvalued right now?
Transneft PJSC (MIC:TRNFP) has a current Cyclically Adjusted PS Ratio of 0.56. The current Cyclically Adjusted PS Ratio is 0.56 and 46.2% below the Oil & Gas industry median of 1.04. Transneft PJSC's overall GF Score™ is 17/100. 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 Transneft PJSC (MIC:TRNFP), the current Cyclically Adjusted PS Ratio is 0.56 as of Jul. 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.

Transneft PJSC Business Description

Industry EnergyOil & Gas
Address 4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112
Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.
17GF Score

Get the complete analysis for MIC:TRNFP

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

₽1,046.40
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