Vermilion Energy (TSX:VET) Cyclically Adjusted PS Ratio: 1.07 (As of Jul. 28, 2026) — 23% Below Median

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TSX:VET Vermilion Energy Inc TSX:VET
65 GF Score
Price C$14.96
GF Value C$14.00
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Vermilion Energy Cyclically Adjusted PS Ratio?

Vermilion Energy TSX:VET -5.85% 65 Cyclically Adjusted PS Ratio is 1.07 as of Jul. 28, 2026, which is 23% below its 10-year median of 1.39. GuruFocus rates TSX:VET with a GF Score™ of 65/100 and a GF Value™ of C$14.00 (Fairly Valued). The stock has 6 warning signs investors should review. Among 708 Oil & Gas companies, Vermilion Energy ranks worse than 52.4% on this metric.

As of today (2026-07-28), Vermilion Energy's current share price is C$14.96. Vermilion Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$14.03. Vermilion Energy's Cyclically Adjusted PS Ratio for today is 1.07.

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

TSX:VET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.39   Max: 5.22
Current: 1.07

During the past years, Vermilion Energy's highest Cyclically Adjusted PS Ratio was 5.22. The lowest was 0.27. And the median was 1.39.

TSX:VET's Cyclically Adjusted PS Ratio is ranked worse than
52.4% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs TSX:VET: 1.07

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.

Vermilion Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was C$3.338. 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$14.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vermilion Energy  (TSX:VET) 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.


Vermilion Energy Cyclically Adjusted PS Ratio Related Terms


Vermilion Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vermilion 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.

Vermilion Energy Cyclically Adjusted PS Ratio Chart

Vermilion Energy 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 1.34 1.78 1.17 1.02 0.83

Vermilion Energy 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 0.86 0.73 0.80 0.83 1.37

TSX:VET vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Vermilion 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.


Vermilion Energy Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


TSX:VET
65GF Score
Vermilion Energy Inc TSX:VET
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vermilion 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.

Vermilion Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.96/14.03
=1.07

* 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.

Vermilion Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Vermilion Energy'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)
=3.338/132.2623*132.2623
=3.338

Current CPI (Mar. 2026) = 132.2623.

Vermilion Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.845 102.002 2.392
201609 1.992 101.765 2.589
201612 2.205 101.449 2.875
201703 2.167 102.634 2.793
201706 2.213 103.029 2.841
201709 2.049 103.345 2.622
201712 2.565 103.345 3.283
201803 2.560 105.004 3.225
201806 2.931 105.557 3.673
201809 3.335 105.636 4.176
201812 2.863 105.399 3.593
201903 3.304 106.979 4.085
201906 3.209 107.690 3.941
201909 2.791 107.611 3.430
201912 2.947 107.769 3.617
202003 2.455 107.927 3.009
202006 1.322 108.401 1.613
202009 1.931 108.164 2.361
202012 2.195 108.559 2.674
202103 2.552 110.298 3.060
202106 2.648 111.720 3.135
202109 3.545 112.905 4.153
202112 4.785 113.774 5.563
202203 5.096 117.646 5.729
202206 5.452 120.806 5.969
202209 6.221 120.648 6.820
202212 5.323 120.964 5.820
202303 3.585 122.702 3.864
202306 3.045 124.203 3.243
202309 3.166 125.230 3.344
202312 3.437 125.072 3.635
202403 3.339 126.258 3.498
202406 2.367 127.522 2.455
202409 2.556 127.285 2.656
202412 2.720 127.364 2.825
202503 3.117 129.181 3.191
202506 3.032 129.892 3.087
202509 2.999 130.287 3.044
202512 3.018 130.366 3.062
202603 3.338 132.262 3.338

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 1.07 mean?
Vermilion Energy (TSX:VET) has a Cyclically Adjusted PS Ratio of 1.07 as of Jul. 28, 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 Vermilion Energy and its competitors. This is 23% below median its historical median of 1.39. Over the past decade, Vermilion Energy's Cyclically Adjusted PS Ratio has ranged from 0.27 to 5.22. According to the industry distribution chart, Vermilion Energy ranks #371 out of 708 companies in the Oil & Gas industry, placing it in the top 52.4%.
Is Vermilion Energy's Cyclically Adjusted PS Ratio too high?
Vermilion Energy's current Cyclically Adjusted PS Ratio of 1.07 is 23% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 5.22. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Vermilion Energy's value of 1.07 is 1.4% above this industry median. Based on the distribution chart, Vermilion Energy ranks #371 out of 708 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Vermilion Energy has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vermilion Energy's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Vermilion Energy ranks #371 out of 708 companies for Cyclically Adjusted PS Ratio. This places Vermilion Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Vermilion Energy's value of 1.07 is 1.4% above this benchmark. Historically, Vermilion Energy's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 5.22 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.06, Vermilion Energy 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. Vermilion Energy's current Cyclically Adjusted PS Ratio of 1.07 is 1.4% 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 Vermilion Energy 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. Vermilion Energy's current Cyclically Adjusted PS Ratio is 1.07, which is 23% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vermilion Energy stock overvalued right now?
Based on GuruFocus' analysis, Vermilion Energy (TSX:VET) is currently considered Fairly Valued. The stock's GF Value™ is C$14.00, compared to a current price of C$14.96 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.07, which is 23% below median its 10-year median of 1.39 and 1.4% above the Oil & Gas industry median of 1.06. Vermilion Energy's overall GF Score™ is 65/100 with 6 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 Vermilion Energy (TSX:VET), the current Cyclically Adjusted PS Ratio is 1.07 as of Jul. 28, 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 Vermilion Energy (TSX:VET) Overvalued in 2026?

Based on GuruFocus' analysis, Vermilion Energy stock appears to be overvalued. The current stock price of C$14.96 is trading 6.9% above its estimated GF Value™ of C$14.00. GuruFocus considers Vermilion Energy to be Fairly Valued.

Key valuation signals for TSX:VET:

  • Cyclically Adjusted PS Ratio: 1.07 (23% below median its 10-year median of 1.39)
  • GF Value™: C$14.00 vs. price of C$14.96 (6.9% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 1.4% above the Oil & Gas median (#371 of 708)

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


Vermilion Energy Business Description

Industry EnergyOil & Gas
Other Exchanges VET:USACVZ:Germany
Address 3500, 520 - 3rd Avenue S.W, Calgary, AB, CAN, T2P 0R3
Vermilion Energy Inc is an international oil and gas-producing company. The company engages in full-cycle exploration and production programs that focus on the acquisition, exploration, and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Its operating segments are: Canada, France, Netherlands, Germany, Ireland, Australia, and CEE, each representing the oil and gas exploration operations at its assets located in these regions. The company mainly derives revenue from the production and sale of petroleum and natural gas. The majority of its revenue is generated from Canada, where the company's operations are mainly focused on the Deep Basin trend in the West Pembina region of Alberta and on the Mica property.
65GF Score

Get the complete analysis for TSX:VET

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

C$14.96
Price
C$14.00
GF Value