Union Gas (TSX:UNG.PR.D.PFD) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)

View and export this data going back to 1958. Start your Free Trial

What is Union Gas 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.

Union Gas does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

Union Gas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Union Gas'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.

Union Gas Cyclically Adjusted PS Ratio Chart

Union Gas Annual Data

Trend

Cyclically Adjusted PS Ratio

Union Gas Quarterly Data

Cyclically Adjusted PS Ratio

Competitive Comparison of Union Gas's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Union Gas'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.

Union Gas's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Union Gas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Union Gas 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.

Union Gas does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Union Gas (TSX:UNG.PR.D.PFD) 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.

Union Gas Cyclically Adjusted PS Ratio Related Terms

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

Union Gas (TSX:UNG.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

TSXV:CFY TSX:VNR

Traded in Other Exchanges

N/A

Address

50 Keil Drive North, Chatham, ON, CAN, N7M 5M1

Website

http://www.uniongas.com

Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

Union Gas (TSX:UNG.PR.D.PFD) Headlines

No Headlines