Tidewater Midstream and Infrastructure (TSX:TWM) Cyclically Adjusted PS Ratio: 0.28 (As of Jul. 14, 2026) — 250% Above Median

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TSX:TWM Tidewater Midstream and Infrastructure Ltd TSX:TWM
56 GF Score
Price C$19.05
GF Value C$7.54
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Tidewater Midstream and Infrastructure Cyclically Adjusted PS Ratio?

Tidewater Midstream and Infrastructure TSX:TWM +0.79% 56 Cyclically Adjusted PS Ratio is 0.28 as of Jul. 14, 2026, which is 250% above its 10-year median of 0.08. GuruFocus rates TSX:TWM with a GF Score™ of 56/100 and a GF Value™ of C$7.54 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 706 Oil & Gas companies, Tidewater Midstream and Infrastructure ranks better than 81.02% on this metric.

As of today (2026-07-14), Tidewater Midstream and Infrastructure's current share price is C$19.05. Tidewater Midstream and Infrastructure's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$68.55. Tidewater Midstream and Infrastructure's Cyclically Adjusted PS Ratio for today is 0.28.

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

TSX:TWM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.26
Current: 0.26

During the past years, Tidewater Midstream and Infrastructure's highest Cyclically Adjusted PS Ratio was 0.26. The lowest was 0.05. And the median was 0.08.

TSX:TWM's Cyclically Adjusted PS Ratio is ranked better than
81.02% of 706 companies
in the Oil & Gas industry
Industry Median: 1.02 vs TSX:TWM: 0.26

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.

Tidewater Midstream and Infrastructure's adjusted revenue per share data for the three months ended in Mar. 2026 was C$17.688. 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 C$68.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tidewater Midstream and Infrastructure  (TSX:TWM) 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.


Tidewater Midstream and Infrastructure Cyclically Adjusted PS Ratio Related Terms


Tidewater Midstream and Infrastructure Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure Cyclically Adjusted PS Ratio Chart

Tidewater Midstream and Infrastructure 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 0.00 0.00 0.00 0.05 0.08

Tidewater Midstream and Infrastructure 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 0.09 0.07 0.09 0.08 0.13

TSX:TWM vs WMB, EPD, KMI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's Cyclically Adjusted PS Ratio falls into.


TSX:TWM
56GF Score
Tidewater Midstream and Infrastructure Ltd TSX:TWM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.05/68.55
=0.28

* 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.

Tidewater Midstream and Infrastructure's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tidewater Midstream and Infrastructure'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)
=17.688/132.2623*132.2623
=17.688

Current CPI (Mar. 2026) = 132.2623.

Tidewater Midstream and Infrastructure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.804 102.002 2.339
201609 1.857 101.765 2.414
201612 2.555 101.449 3.331
201703 2.975 102.634 3.834
201706 3.313 103.029 4.253
201709 3.078 103.345 3.939
201712 3.768 103.345 4.822
201803 4.982 105.004 6.275
201806 4.098 105.557 5.135
201809 4.710 105.636 5.897
201812 5.347 105.399 6.710
201903 7.250 106.979 8.963
201906 9.053 107.690 11.119
201909 7.107 107.611 8.735
201912 15.552 107.769 19.087
202003 14.577 107.927 17.864
202006 10.289 108.401 12.554
202009 15.540 108.164 19.002
202012 14.766 108.559 17.990
202103 16.819 110.298 20.168
202106 18.131 111.720 21.465
202109 21.232 112.905 24.872
202112 25.674 113.774 29.846
202203 31.707 117.646 35.646
202206 38.126 120.806 41.742
202209 37.430 120.648 41.033
202212 33.503 120.964 36.632
202303 28.945 122.702 31.200
202306 23.944 124.203 25.498
202309 27.380 125.230 28.917
202312 23.549 125.072 24.903
202403 20.528 126.258 21.504
202406 21.501 127.522 22.300
202409 17.567 127.285 18.254
202412 16.837 127.364 17.485
202503 14.281 129.181 14.622
202506 15.794 129.892 16.082
202509 16.384 130.287 16.632
202512 14.542 130.366 14.754
202603 17.688 132.262 17.688

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 0.28 mean?
Tidewater Midstream and Infrastructure (TSX:TWM) has a Cyclically Adjusted PS Ratio of 0.28 as of Jul. 14, 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 Tidewater Midstream and Infrastructure and its competitors. This is 250% above median its historical median of 0.08. Over the past decade, Tidewater Midstream and Infrastructure's Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.26. According to the industry distribution chart, Tidewater Midstream and Infrastructure ranks #134 out of 706 companies in the Oil & Gas industry, placing it in the top 19%.
Is Tidewater Midstream and Infrastructure's Cyclically Adjusted PS Ratio too high?
Tidewater Midstream and Infrastructure's current Cyclically Adjusted PS Ratio of 0.28 is 250% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.26. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.02. Tidewater Midstream and Infrastructure's value of 0.28 is 72.5% below this industry median. Based on the distribution chart, Tidewater Midstream and Infrastructure ranks #134 out of 706 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tidewater Midstream and Infrastructure has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Midstream and Infrastructure's Cyclically Adjusted PS Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Tidewater Midstream and Infrastructure ranks #134 out of 706 companies for Cyclically Adjusted PS Ratio. This places Tidewater Midstream and Infrastructure in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.02. Tidewater Midstream and Infrastructure's value of 0.28 is 72.5% below this benchmark. Historically, Tidewater Midstream and Infrastructure's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.26 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.02, Tidewater Midstream and Infrastructure has consistently been below 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 1.02, based on 706 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. Tidewater Midstream and Infrastructure's current Cyclically Adjusted PS Ratio of 0.28 is 72.5% below 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 Tidewater Midstream and Infrastructure and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidewater Midstream and Infrastructure's current Cyclically Adjusted PS Ratio is 0.28, which is 250% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Midstream and Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure (TSX:TWM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$7.54, compared to a current price of C$19.05 — trading 152.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is 250% above median its 10-year median of 0.08 and 72.5% below the Oil & Gas industry median of 1.02. Tidewater Midstream and Infrastructure's overall GF Score™ is 56/100 with 9 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 Tidewater Midstream and Infrastructure (TSX:TWM), the current Cyclically Adjusted PS Ratio is 0.28 as of Jul. 14, 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 Tidewater Midstream and Infrastructure (TSX:TWM) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure stock appears to be overvalued. The current stock price of C$19.05 is trading 152.7% above its estimated GF Value™ of C$7.54. GuruFocus considers Tidewater Midstream and Infrastructure to be Significantly Overvalued.

Key valuation signals for TSX:TWM:

  • Cyclically Adjusted PS Ratio: 0.28 (250% above median its 10-year median of 0.08)
  • GF Value™: C$7.54 vs. price of C$19.05 (152.7% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 72.5% below the Oil & Gas median (#134 of 706)

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


Tidewater Midstream and Infrastructure Business Description

Industry EnergyOil & Gas
Other Exchanges TWMIF:USATL50:Germany
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and exports to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants, and pipelines, NGL marketing and Extraction, refined products, and other activities.
56GF Score

Get the complete analysis for TSX:TWM

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

C$19.05
Price
C$7.54
GF Value