Pulse Oil (TSXV:PUL) Cyclically Adjusted PS Ratio: 1.00 (As of Aug. 06, 2026) — 60% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

What is Pulse Oil Cyclically Adjusted PS Ratio?

Pulse Oil TSXV:PUL -33.33% Cyclically Adjusted PS Ratio is 1.00 as of Aug. 06, 2026, which is 60% below its 10-year median of 2.50. The stock has 4 warning signs investors should review. Among 714 Oil & Gas companies, Pulse Oil ranks better than 54.2% on this metric.

As of today (2026-08-06), Pulse Oil's current share price is C$0.01. Pulse Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was C$0.01. Pulse Oil's Cyclically Adjusted PS Ratio for today is 1.00.

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

TSXV:PUL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.5   Max: 8
Current: 0.9

During the past years, Pulse Oil's highest Cyclically Adjusted PS Ratio was 8.00. The lowest was 0.90. And the median was 2.50.

TSXV:PUL's Cyclically Adjusted PS Ratio is ranked better than
54.2% of 714 companies
in the Oil & Gas industry
Industry Median: 1.05 vs TSXV:PUL: 0.90

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.

Pulse Oil's adjusted revenue per share data for the three months ended in Dec. 2025 was C$0.001. 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$0.01 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pulse Oil  (TSXV:PUL) 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.


Pulse Oil Cyclically Adjusted PS Ratio Related Terms


Pulse Oil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pulse 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.

Pulse Oil Cyclically Adjusted PS Ratio Chart

Pulse 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 0.00 6.14 2.97 1.29 0.90

Pulse Oil Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.29 1.30 1.75 1.76 0.90

TSXV:PUL vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

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


Pulse Oil Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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



Pulse 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.

Pulse Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.01/0.01
=1.00

* 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.

Pulse Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Pulse Oil's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.001/130.3661*130.3661
=0.001

Current CPI (Dec. 2025) = 130.3661.

Pulse Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.002 103.029 0.003
201709 0.001 103.345 0.001
201712 0.003 103.345 0.004
201803 0.003 105.004 0.004
201806 0.004 105.557 0.005
201809 0.007 105.636 0.009
201812 0.003 105.399 0.004
201903 0.001 106.979 0.001
201906 0.002 107.690 0.002
201909 0.003 107.611 0.004
201912 0.002 107.769 0.002
202003 0.002 107.927 0.002
202006 0.001 108.401 0.001
202009 0.002 108.164 0.002
202012 0.000 108.559 0.000
202103 0.002 110.298 0.002
202106 0.002 111.720 0.002
202109 0.003 112.905 0.003
202112 0.005 113.774 0.006
202203 0.005 117.646 0.006
202206 0.003 120.806 0.003
202209 0.003 120.648 0.003
202212 0.002 120.964 0.002
202303 0.002 122.702 0.002
202306 0.001 124.203 0.001
202309 0.001 125.230 0.001
202312 0.003 125.072 0.003
202403 0.002 126.258 0.002
202406 0.002 127.522 0.002
202409 0.002 127.285 0.002
202412 0.003 127.364 0.003
202503 0.001 129.181 0.001
202506 0.002 129.892 0.002
202509 0.002 130.287 0.002
202512 0.001 130.366 0.001

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 1.00 mean?
Pulse Oil (TSXV:PUL) has a Cyclically Adjusted PS Ratio of 1.00 as of Aug. 06, 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 Pulse Oil and its competitors. This is 60% below median its historical median of 2.50. Over the past decade, Pulse Oil's Cyclically Adjusted PS Ratio has ranged from 0.90 to 8.00. According to the industry distribution chart, Pulse Oil ranks #327 out of 714 companies in the Oil & Gas industry, placing it in the top 45.8%.
Is Pulse Oil's Cyclically Adjusted PS Ratio too high?
Pulse Oil's current Cyclically Adjusted PS Ratio of 1.00 is 60% below median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 8.00. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Pulse Oil's value of 1.00 is 4.8% below this industry median. Based on the distribution chart, Pulse Oil ranks #327 out of 714 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Pulse Oil's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Pulse Oil ranks #327 out of 714 companies for Cyclically Adjusted PS Ratio. This puts Pulse Oil in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Pulse Oil's value of 1.00 is 4.8% below this benchmark. Historically, Pulse Oil's own Cyclically Adjusted PS Ratio has ranged from 0.90 to 8.00 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.05, Pulse Oil 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 1.05, based on 714 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. Pulse Oil's current Cyclically Adjusted PS Ratio of 1.00 is 4.8% 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 Pulse Oil and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulse Oil's current Cyclically Adjusted PS Ratio is 1.00, which is 60% below median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulse Oil stock overvalued right now?
Based on GuruFocus' analysis, Pulse Oil (TSXV:PUL) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.02, compared to a current price of C$0.01 — trading 50% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.00, which is 60% below median its 10-year median of 2.50 and 4.8% below the Oil & Gas industry median of 1.05. 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 Pulse Oil (TSXV:PUL), the current Cyclically Adjusted PS Ratio is 1.00 as of Aug. 06, 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.

Pulse Oil Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Pulse Oil Corp is a Canadian oil and gas company engaged in oil and gas exploration and production in Canada. It has two primary reporting segments located in the Bigoray area of Alberta and the Queenstown area of southern Alberta. The company holds various acres of land in the Bigoray area of Alberta and the Queenstown area of southern Alberta, managing its oil and gas assets, including proved, probable, producing, and non-producing reserves. It focuses on enhanced oil recovery (EOR) in its Nisku D and E Pools, aiming to improve production efficiency through miscible flood schemes. The company produces all of its crude oil and natural gas through conventional methods of production. All production is transported via pipeline or trucking to nearby purchasers of all products.