GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Obsidian Energy Ltd (AMEX:OBE) » Definitions » Cyclically Adjusted PS Ratio

Obsidian Energy (Obsidian Energy) Cyclically Adjusted PS Ratio : 0.88 (As of Jun. 02, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Obsidian Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Obsidian Energy's current share price is $7.68. Obsidian Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.73. Obsidian Energy's Cyclically Adjusted PS Ratio for today is 0.88.

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

OBE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.23   Max: 1.15
Current: 0.88

During the past years, Obsidian Energy's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.01. And the median was 0.23.

OBE's Cyclically Adjusted PS Ratio is ranked better than
51.39% of 755 companies
in the Oil & Gas industry
Industry Median: 0.89 vs OBE: 0.88

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.

Obsidian Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.702. 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 $8.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Obsidian Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Obsidian 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.

* Premium members only.

Obsidian Energy Cyclically Adjusted PS Ratio Chart

Obsidian Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.26 0.54 0.70

Obsidian Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.52 0.81 0.70 0.94

Competitive Comparison of Obsidian Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Obsidian 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.


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

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

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



Obsidian 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.68/8.73
=0.88

* 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.

Obsidian Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Obsidian Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.702/126.2576*126.2576
=1.702

Current CPI (Mar. 2024) = 126.2576.

Obsidian Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.988 99.473 11.408
201409 7.645 99.394 9.711
201412 5.618 98.367 7.211
201503 3.441 99.789 4.354
201506 4.103 100.500 5.155
201509 2.868 100.421 3.606
201512 2.429 99.947 3.068
201603 2.013 101.054 2.515
201606 1.989 102.002 2.462
201609 1.223 101.765 1.517
201612 1.232 101.449 1.533
201703 1.298 102.634 1.597
201706 1.128 103.029 1.382
201709 1.074 103.345 1.312
201712 1.326 103.345 1.620
201803 1.245 105.004 1.497
201806 1.286 105.557 1.538
201809 1.312 105.636 1.568
201812 0.699 105.399 0.837
201903 1.052 106.979 1.242
201906 1.124 107.690 1.318
201909 0.962 107.611 1.129
201912 1.202 107.769 1.408
202003 0.809 107.927 0.946
202006 0.506 108.401 0.589
202009 0.797 108.164 0.930
202012 0.811 108.559 0.943
202103 1.003 110.298 1.148
202106 1.229 111.720 1.389
202109 1.316 112.905 1.472
202112 1.522 113.774 1.689
202203 1.972 117.646 2.116
202206 2.605 120.806 2.723
202209 1.918 120.648 2.007
202212 1.844 120.964 1.925
202303 1.654 122.702 1.702
202306 1.548 124.203 1.574
202309 1.845 125.230 1.860
202312 1.549 125.072 1.564
202403 1.702 126.258 1.702

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.


Obsidian Energy  (AMEX:OBE) 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.


Obsidian Energy Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Obsidian Energy's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Obsidian Energy (Obsidian Energy) Business Description

Industry
Traded in Other Exchanges
Address
207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.
Executives
Cheuk Fund Ho other: Financial Investor (9.83%) 2906 CHINA RESOURCES BUILDING, WANCHAI K3 00000