TRMOY (Tourmaline Oil) Cyclically Adjusted PS Ratio: (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TRMOY Tourmaline Oil Corp TRMOY
62 GF Score
Price $15.00
GF Value $14.86
Valuation Fairly Valued
! 8 Warning Signs
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What is Tourmaline Oil Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tourmaline Oil  (OTCPK:TRMOY) 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.


Tourmaline Oil Cyclically Adjusted PS Ratio Related Terms


Tourmaline Oil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tourmaline Oil'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.

Tourmaline Oil Cyclically Adjusted PS Ratio Chart

Tourmaline Oil 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 5.38 6.64 4.99 5.17 4.35

Tourmaline Oil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.81 4.32 4.35 4.53 3.93

TRMOY vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Tourmaline Oil'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.


Tourmaline Oil Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


TRMOY
62GF Score
Tourmaline Oil Corp TRMOY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tourmaline Oil 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.

Tourmaline Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tourmaline Oil's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.913/133.5265*133.5265
=0.913

Current CPI (Jun. 2026) = 133.5265.

Tourmaline Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.306 101.765 0.402
201612 0.406 101.449 0.534
201703 0.415 102.634 0.540
201706 0.446 103.029 0.578
201709 0.309 103.345 0.399
201712 0.647 103.345 0.836
201803 0.478 105.004 0.608
201806 0.375 105.557 0.474
201809 0.390 105.636 0.493
201812 0.769 105.399 0.974
201903 0.532 106.979 0.664
201906 0.322 107.690 0.399
201909 0.324 107.611 0.402
201912 0.799 107.769 0.990
202003 0.484 107.927 0.599
202006 0.406 108.401 0.500
202009 0.516 108.164 0.637
202012 0.560 108.559 0.689
202103 0.901 110.298 1.091
202106 0.937 111.720 1.120
202109 1.071 112.905 1.267
202112 1.338 113.774 1.570
202203 1.464 117.646 1.662
202206 1.838 120.806 2.032
202209 1.468 120.648 1.625
202212 1.680 120.964 1.854
202303 1.388 122.702 1.510
202306 0.925 124.203 0.994
202309 1.031 125.230 1.099
202312 1.119 125.072 1.195
202403 1.078 126.258 1.140
202406 0.894 127.522 0.936
202409 0.881 127.285 0.924
202412 0.946 127.364 0.992
202503 1.117 129.181 1.155
202506 0.917 129.892 0.943
202509 0.866 130.287 0.888
202512 1.032 130.366 1.057
202603 1.108 132.262 1.119
202606 0.913 133.527 0.913

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.

Is Tourmaline Oil (TRMOY) Overvalued in 2026?

Based on GuruFocus' analysis, Tourmaline Oil stock appears to be overvalued. The current stock price of $15.00 is trading 0.9% above its estimated GF Value™ of $14.86. GuruFocus considers Tourmaline Oil to be Fairly Valued.

Key valuation signals for TRMOY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $14.86 vs. price of $15.00 (0.9% above fair value)
  • GF Score™: 62/100 with 8 warning signs

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


Tourmaline Oil Business Description

Industry EnergyOil & Gas
Address 250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil is a Canadian natural gas producer with an integrated midstream gathering and processing operation. Its primary product is natural gas, but also produces natural gas liquids, condensates, and oil. As a result of multiple acquisitions, it has become the largest natural gas producer in Canada.
62GF Score

Get the complete analysis for TRMOY

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

$15.00
Price
$14.86
GF Value