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Geo Jade Petroleum (SHSE:600759) Cyclically Adjusted PS Ratio : 2.37 (As of Jun. 21, 2024)


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What is Geo Jade Petroleum Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Geo Jade Petroleum's current share price is ¥2.61. Geo Jade Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.10. Geo Jade Petroleum's Cyclically Adjusted PS Ratio for today is 2.37.

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

SHSE:600759' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.81   Max: 14.16
Current: 2.4

During the past years, Geo Jade Petroleum's highest Cyclically Adjusted PS Ratio was 14.16. The lowest was 1.43. And the median was 2.81.

SHSE:600759's Cyclically Adjusted PS Ratio is ranked worse than
77.4% of 761 companies
in the Oil & Gas industry
Industry Median: 0.87 vs SHSE:600759: 2.40

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.

Geo Jade Petroleum's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.176. 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 ¥1.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Geo Jade Petroleum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Geo Jade Petroleum'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.

Geo Jade Petroleum Cyclically Adjusted PS Ratio Chart

Geo Jade Petroleum 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 1.74 1.69 2.62 2.00 2.29

Geo Jade Petroleum 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 2.05 2.35 2.31 2.29 2.47

Competitive Comparison of Geo Jade Petroleum's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Geo Jade Petroleum'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.


Geo Jade Petroleum's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Geo Jade Petroleum's Cyclically Adjusted PS Ratio falls into.



Geo Jade Petroleum 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.

Geo Jade Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.61/1.1
=2.37

* 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.

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

For example, Geo Jade Petroleum'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)
=0.176/115.2271*115.2271
=0.176

Current CPI (Mar. 2024) = 115.2271.

Geo Jade Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.213 98.200 0.250
201409 0.448 98.900 0.522
201412 0.308 99.000 0.358
201503 0.151 99.900 0.174
201506 0.139 99.500 0.161
201509 0.137 100.500 0.157
201512 0.127 100.600 0.145
201603 0.100 102.200 0.113
201606 0.150 101.400 0.170
201609 0.131 102.400 0.147
201612 0.150 102.600 0.168
201703 0.324 103.200 0.362
201706 0.276 103.100 0.308
201709 0.294 104.100 0.325
201712 0.361 104.500 0.398
201803 0.367 105.300 0.402
201806 0.452 104.900 0.496
201809 0.346 106.600 0.374
201812 0.306 106.500 0.331
201903 0.258 107.700 0.276
201906 0.333 107.700 0.356
201909 0.290 109.800 0.304
201912 0.282 111.200 0.292
202003 0.208 112.300 0.213
202006 0.123 110.400 0.128
202009 0.217 111.700 0.224
202012 0.170 111.500 0.176
202103 0.269 112.662 0.275
202106 0.245 111.769 0.253
202109 0.276 112.215 0.283
202112 0.297 113.108 0.303
202203 0.300 114.335 0.302
202206 0.290 114.558 0.292
202209 0.341 115.339 0.341
202212 0.323 115.116 0.323
202303 0.239 115.116 0.239
202306 0.326 114.558 0.328
202309 0.340 115.339 0.340
202312 0.188 114.781 0.189
202403 0.176 115.227 0.176

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.


Geo Jade Petroleum  (SHSE:600759) 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.


Geo Jade Petroleum Cyclically Adjusted PS Ratio Related Terms

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


Geo Jade Petroleum (SHSE:600759) Business Description

Traded in Other Exchanges
N/A
Address
26 Xiayun Road, Eagle building, Abloack level3 (3A), Chaoyang District, Beijing, CHN
Geo Jade Petroleum Corp is a China-based oil and gas exploration and development company. Its projects include Maten Petroleum, KoZhaN JSC, North Caspian Petroleum and Sozak Oil and Gas. In addition, the company is also involved in the investment management business.
Executives
Zhang Shi Ming Director
Guo Yi Director
Wang Wen Tao Director
Liu Jian Feng senior management
Lang Ying Director
Liao Yong Supervisors
Tan Xuan senior management
Huang Jie Supervisors
Yu Yang Supervisors
He Xi senior management
Hu Hui Ping senior management
Chen Xue Yun senior management
Qu Ning senior management
Wu Guang Da Supervisors
Fan Hui senior management

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