SPND (Spindletop Oil & Gas Co) Cyclically Adjusted PS Ratio: 2.66 (As of Jul. 27, 2026) — Near Median

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SPND Spindletop Oil & Gas Co SPND
65 GF Score
Price $2.55
GF Value $2.57
Valuation Fairly Valued
! 2 Warning Signs
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What is Spindletop Oil & Gas Co Cyclically Adjusted PS Ratio?

Spindletop Oil & Gas Co SPND -10.53% 65 Cyclically Adjusted PS Ratio is 2.66 as of Jul. 27, 2026, which is 5% above its 10-year median of 2.53. GuruFocus rates SPND with a GF Scoreâ„¢ of 65/100 and a GF Valueâ„¢ of $2.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 708 Oil & Gas companies, Spindletop Oil & Gas Co ranks worse than 76.98% on this metric.

As of today (2026-07-27), Spindletop Oil & Gas Co's current share price is $2.55. Spindletop Oil & Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.96. Spindletop Oil & Gas Co's Cyclically Adjusted PS Ratio for today is 2.66.

The historical rank and industry rank for Spindletop Oil & Gas Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SPND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 2.53   Max: 10.4
Current: 2.95

During the past years, Spindletop Oil & Gas Co's highest Cyclically Adjusted PS Ratio was 10.40. The lowest was 0.82. And the median was 2.53.

SPND's Cyclically Adjusted PS Ratio is ranked worse than
76.98% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs SPND: 2.95

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.

Spindletop Oil & Gas Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.200. 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 $0.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spindletop Oil & Gas Co  (OTCPK:SPND) 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.


Spindletop Oil & Gas Co Cyclically Adjusted PS Ratio Related Terms


Spindletop Oil & Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Spindletop Oil & Gas Co'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.

Spindletop Oil & Gas Co Cyclically Adjusted PS Ratio Chart

Spindletop Oil & Gas Co 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 2.78 3.07 2.68 2.08 4.07

Spindletop Oil & Gas Co 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 2.49 3.02 3.06 4.07 5.81

SPND vs MXC, BRN, NRIS: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co'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.


Spindletop Oil & Gas Co Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


SPND
65GF Score
Spindletop Oil & Gas Co SPND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spindletop Oil & Gas Co 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.

Spindletop Oil & Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.55/0.96
=2.66

* 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.

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

For example, Spindletop Oil & Gas Co'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)
=0.2/330.2130*330.2130
=0.200

Current CPI (Mar. 2026) = 330.2130.

Spindletop Oil & Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.193 241.018 0.264
201609 0.154 241.428 0.211
201612 0.178 241.432 0.243
201703 0.187 243.801 0.253
201706 0.191 244.955 0.257
201709 0.184 246.819 0.246
201712 0.246 246.524 0.330
201803 0.235 249.554 0.311
201806 0.297 251.989 0.389
201809 0.213 252.439 0.279
201812 0.226 251.233 0.297
201903 0.205 254.202 0.266
201906 0.218 256.143 0.281
201909 0.197 256.759 0.253
201912 0.200 256.974 0.257
202003 0.142 258.115 0.182
202006 0.081 257.797 0.104
202009 0.168 260.280 0.213
202012 0.135 260.474 0.171
202103 0.163 264.877 0.203
202106 0.182 271.696 0.221
202109 0.267 274.310 0.321
202112 0.289 278.802 0.342
202203 0.266 287.504 0.306
202206 0.391 296.311 0.436
202209 0.296 296.808 0.329
202212 0.284 296.797 0.316
202303 0.173 301.836 0.189
202306 0.156 305.109 0.169
202309 0.248 307.789 0.266
202312 0.180 306.746 0.194
202403 0.151 312.332 0.160
202406 0.166 314.175 0.174
202409 0.132 315.301 0.138
202412 0.182 315.605 0.190
202503 0.177 319.799 0.183
202506 0.155 322.561 0.159
202509 0.145 324.800 0.147
202512 0.189 324.054 0.193
202603 0.200 330.213 0.200

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 2.66 mean?
Spindletop Oil & Gas Co (SPND) has a Cyclically Adjusted PS Ratio of 2.66 as of Jul. 27, 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 Spindletop Oil & Gas Co and its competitors. This is near median its historical median of 2.53. Over the past decade, Spindletop Oil & Gas Co's Cyclically Adjusted PS Ratio has ranged from 0.82 to 10.40. According to the industry distribution chart, Spindletop Oil & Gas Co ranks #545 out of 708 companies in the Oil & Gas industry, placing it in the top 77%.
Is Spindletop Oil & Gas Co's Cyclically Adjusted PS Ratio too high?
Spindletop Oil & Gas Co's current Cyclically Adjusted PS Ratio of 2.66 is near median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 10.40. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Spindletop Oil & Gas Co's value of 2.66 is 152.1% above this industry median. Based on the distribution chart, Spindletop Oil & Gas Co ranks #545 out of 708 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Spindletop Oil & Gas Co has a GF Scoreâ„¢ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spindletop Oil & Gas Co's Cyclically Adjusted PS Ratio compare to MXC and BRN?
According to the Oil & Gas industry distribution chart, Spindletop Oil & Gas Co ranks #545 out of 708 companies for Cyclically Adjusted PS Ratio. This places Spindletop Oil & Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Spindletop Oil & Gas Co's value of 2.66 is 152.1% above this benchmark. Historically, Spindletop Oil & Gas Co's own Cyclically Adjusted PS Ratio has ranged from 0.82 to 10.40 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.06, Spindletop Oil & Gas Co 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 1.06, based on 708 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. Spindletop Oil & Gas Co's current Cyclically Adjusted PS Ratio of 2.66 is 152.1% 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 Spindletop Oil & Gas Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindletop Oil & Gas Co's current Cyclically Adjusted PS Ratio is 2.66, which is near median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindletop Oil & Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Spindletop Oil & Gas Co (SPND) is currently considered Fairly Valued. The stock's GF Value™ is $2.57, compared to a current price of $2.55 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.66, which is near median its 10-year median of 2.53 and 152.1% above the Oil & Gas industry median of 1.06. Spindletop Oil & Gas Co's overall GF Score™ is 65/100 with 2 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 Spindletop Oil & Gas Co (SPND), the current Cyclically Adjusted PS Ratio is 2.66 as of Jul. 27, 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 Spindletop Oil & Gas Co (SPND) Overvalued in 2026?

Based on GuruFocus' analysis, Spindletop Oil & Gas Co stock appears to be undervalued. The current stock price of $2.55 is trading 0.8% below its estimated GF Value™ of $2.57. GuruFocus considers Spindletop Oil & Gas Co to be Fairly Valued.

Key valuation signals for SPND:

  • Cyclically Adjusted PS Ratio: 2.66 (near median its 10-year median of 2.53)
  • GF Value™: $2.57 vs. price of $2.55 (0.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 152.1% above the Oil & Gas median (#545 of 708)

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


Spindletop Oil & Gas Co Business Description

Industry EnergyOil & Gas
Address 12850 Spurling Road, Suite 200, Dallas, TX, USA, 75230-1279
Spindletop Oil & Gas Co is an independent oil and gas company engaged in the exploration, development, production, and acquisition of oil and natural gas. In addition, it also provides the rental of oilfield equipment and is engaged in the gathering and marketing of natural gas. The oil and gas properties of the company are spread across Texas, Oklahoma, New Mexico, Louisiana, and Alabama. The company's operating business segments are: oil and gas exploration, acquisition, development and production of oil and natural gas; natural gas gathering; and commercial real estate investment. A majority of its revenue is generated from the oil and gas exploration, production, and operations segment.
65GF Score

Get the complete analysis for SPND

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

$2.55
Price
$2.57
GF Value