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VOC (VOC Energy Trust) Cyclically Adjusted PS Ratio : 5.75 (As of Dec. 15, 2024)


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What is VOC Energy Trust Cyclically Adjusted PS Ratio?

As of today (2024-12-15), VOC Energy Trust's current share price is $4.89. VOC Energy Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $0.85. VOC Energy Trust's Cyclically Adjusted PS Ratio for today is 5.75.

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

VOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 5.98   Max: 12.35
Current: 5.77

During the past years, VOC Energy Trust's highest Cyclically Adjusted PS Ratio was 12.35. The lowest was 1.01. And the median was 5.98.

VOC's Cyclically Adjusted PS Ratio is ranked worse than
93.24% of 695 companies
in the Oil & Gas industry
Industry Median: 0.91 vs VOC: 5.77

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.

VOC Energy Trust's adjusted revenue per share data for the three months ended in Sep. 2024 was $0.200. 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 $0.85 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VOC Energy Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VOC Energy Trust'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.

VOC Energy Trust Cyclically Adjusted PS Ratio Chart

VOC Energy Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.72 4.10 9.76 7.45

VOC Energy Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.66 7.45 6.53 5.47 5.81

Competitive Comparison of VOC Energy Trust's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, VOC Energy Trust'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.


VOC Energy Trust's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



VOC Energy Trust 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.89/0.85
=5.75

* 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.

VOC Energy Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, VOC Energy Trust's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.2/133.0289*133.0289
=0.200

Current CPI (Sep. 2024) = 133.0289.

VOC Energy Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.372 99.070 0.500
201503 0.106 99.621 0.142
201506 0.166 100.684 0.219
201509 0.119 100.392 0.158
201512 0.117 99.792 0.156
201603 0.059 100.470 0.078
201606 0.063 101.688 0.082
201609 0.100 101.861 0.131
201612 0.117 101.863 0.153
201703 0.089 102.862 0.115
201706 0.224 103.349 0.288
201709 0.126 104.136 0.161
201712 0.102 104.011 0.130
201803 0.119 105.290 0.150
201806 0.193 106.317 0.241
201809 0.216 106.507 0.270
201812 0.232 105.998 0.291
201903 0.154 107.251 0.191
201906 0.174 108.070 0.214
201909 0.221 108.329 0.271
201912 0.197 108.420 0.242
202003 0.122 108.902 0.149
202006 0.085 108.767 0.104
202009 0.000 109.815 0.000
202012 0.088 109.897 0.107
202103 0.033 111.754 0.039
202106 0.137 114.631 0.159
202109 0.167 115.734 0.192
202112 0.210 117.630 0.237
202203 0.277 121.301 0.304
202206 0.305 125.017 0.325
202209 0.406 125.227 0.431
202212 0.400 125.222 0.425
202303 0.255 127.348 0.266
202306 0.248 128.729 0.256
202309 0.223 129.860 0.228
202312 0.242 129.419 0.249
202403 0.212 131.776 0.214
202406 0.199 132.554 0.200
202409 0.200 133.029 0.200

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.


VOC Energy Trust  (NYSE:VOC) 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.


VOC Energy Trust Cyclically Adjusted PS Ratio Related Terms

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


VOC Energy Trust Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
VOC Energy Trust is a statutory trust. It is created to acquire and hold a term net profits interest for the benefit of the Trust unitholders. The underlying properties include VOC Brazos' net interests which are located in the states of Kansas and Texas. The trust is entitled to receive most of the net proceeds from the sale of production of oil and natural gas attributable to the underlying properties. The business and affairs of the Trust are managed by the Trustee, and neither VOC Brazos nor any of its affiliates has the ability to manage or influence the operations of the Trust.

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