TAG Oil (FRA:T0P) Cyclically Adjusted Revenue per Share: €0.12 (As of Mar. 2026)

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What is TAG Oil Cyclically Adjusted Revenue per Share?

TAG Oil FRA:T0P Cyclically Adjusted Revenue per Share is €0.12 as of Mar. 2026. The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

TAG Oil's adjusted revenue per share for the three months ended in Mar. 2026 was €0.001. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €0.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TAG Oil's average Cyclically Adjusted Revenue Growth Rate was -23.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of TAG Oil was 8.40% per year. The lowest was 1.90% per year. And the median was 4.40% per year.

As of today (2026-07-22), TAG Oil's current stock price is €0.03. TAG Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.12. TAG Oil's Cyclically Adjusted PS Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TAG Oil was 1.80. The lowest was 0.18. And the median was 0.64.


TAG Oil  (FRA:T0P) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

TAG Oil's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.03/0.12
=0.25

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TAG Oil was 1.80. The lowest was 0.18. And the median was 0.64.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


TAG Oil Cyclically Adjusted Revenue per Share Related Terms


TAG Oil Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for TAG Oil's Cyclically Adjusted Revenue per Share 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.

TAG Oil Cyclically Adjusted Revenue per Share Chart

TAG Oil Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.23 0.16

TAG Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 0.22 0.19 0.18 0.16 0.12

FRA:T0P vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

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


TAG Oil Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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



TAG Oil Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, TAG Oil'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)
=0.001/132.2623*132.2623
=0.001

Current CPI (Mar. 2026) = 132.2623.

TAG Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.065 102.002 0.084
201609 0.057 101.765 0.074
201612 0.059 101.449 0.077
201703 0.061 102.634 0.079
201706 0.042 103.029 0.054
201709 0.047 103.345 0.060
201712 0.049 103.345 0.063
201803 0.044 105.004 0.055
201806 0.070 105.557 0.088
201809 0.061 105.636 0.076
201812 0.068 105.399 0.085
201903 0.057 106.979 0.070
201906 0.076 107.690 0.093
201909 0.054 107.611 0.066
201912 0.000 107.769 0.000
202003 -0.001 107.927 -0.001
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 0.001 124.203 0.001
202309 0.001 125.230 0.001
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000
202409 0.001 127.285 0.001
202412 0.002 127.364 0.002
202503 0.001 129.181 0.001
202506 0.001 129.892 0.001
202509 0.001 130.287 0.001
202512 0.001 130.366 0.001
202603 0.001 132.262 0.001

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €0.12 mean?
TAG Oil (FRA:T0P) has a Cyclically Adjusted Revenue per Share of €0.12 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on TAG Oil and its competitors.
Is TAG Oil's Cyclically Adjusted Revenue per Share too high?
TAG Oil's current Cyclically Adjusted Revenue per Share is €0.12.
How does TAG Oil's Cyclically Adjusted Revenue per Share compare to COP and EOG?
TAG Oil's Cyclically Adjusted Revenue per Share of €0.12 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on TAG Oil and its competitors. TAG Oil's current Cyclically Adjusted Revenue per Share is €0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Oil stock overvalued right now?
Based on GuruFocus' analysis, TAG Oil (FRA:T0P) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.20, compared to a current price of €0.03 — trading 85% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.12. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For TAG Oil (FRA:T0P), the current Cyclically Adjusted Revenue per Share is €0.12 as of Mar. 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.

TAG Oil Business Description

Industry EnergyOil & Gas
Other Exchanges TAOIF:USATAO:Canada
Address 1050 West Pender Street, Suite 1710, Vancouver, BC, CAN, V6E 3S7
TAG Oil Ltd is focused on oil and gas exploration and development opportunities in the Middle East and North Africa. The company is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1) and Southeast Ras Qattara (SERQ) concessions.