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Twin Butte Energy (Twin Butte Energy) Cyclically Adjusted PS Ratio : (As of Apr. 30, 2024)


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What is Twin Butte Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Twin Butte Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Twin Butte 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.

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Twin Butte Energy Cyclically Adjusted PS Ratio Chart

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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Twin Butte Energy Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Twin Butte Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Twin Butte 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.


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

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

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



Twin Butte 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.

Twin Butte Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Twin Butte Energy's adjusted Revenue per Share data for the three months ended in Jun. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=0.089/102.0016*102.0016
=0.089

Current CPI (Jun. 2016) = 102.0016.

Twin Butte Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200609 0.185 86.279 0.219
200612 0.270 86.437 0.319
200703 0.176 87.780 0.205
200706 0.286 88.412 0.330
200709 0.294 88.412 0.339
200712 0.328 88.491 0.378
200803 0.247 88.965 0.283
200806 0.361 91.177 0.404
200809 0.589 91.414 0.657
200812 0.293 89.518 0.334
200903 0.157 90.071 0.178
200906 0.171 90.940 0.192
200909 0.136 90.624 0.153
200912 0.190 90.703 0.214
201003 0.203 91.335 0.227
201006 0.184 91.809 0.204
201009 0.177 92.362 0.195
201012 0.225 92.836 0.247
201103 0.249 94.338 0.269
201106 0.289 94.654 0.311
201109 0.253 95.286 0.271
201112 0.297 94.970 0.319
201203 0.391 96.155 0.415
201206 0.353 96.076 0.375
201209 0.373 96.392 0.395
201212 0.374 95.760 0.398
201303 0.273 97.103 0.287
201306 0.374 97.182 0.393
201309 0.443 97.419 0.464
201312 0.318 96.945 0.335
201403 0.390 98.604 0.403
201406 0.405 99.473 0.415
201409 0.370 99.394 0.380
201412 0.273 98.367 0.283
201503 0.139 99.789 0.142
201506 0.177 100.500 0.180
201509 0.121 100.421 0.123
201512 0.093 99.947 0.095
201603 0.059 101.054 0.060
201606 0.089 102.002 0.089

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.


Twin Butte Energy  (OTCPK:TBTEF) 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.


Twin Butte Energy Cyclically Adjusted PS Ratio Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

Twin Butte Energy (Twin Butte Energy) Headlines

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