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Beach Energy (Beach Energy) Cyclically Adjusted PS Ratio : 2.05 (As of May. 16, 2024)


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What is Beach Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Beach Energy's current share price is $21.02. Beach Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $10.27. Beach Energy's Cyclically Adjusted PS Ratio for today is 2.05.

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

BCHEY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 2.3   Max: 4.78
Current: 2.31

During the past 13 years, Beach Energy's highest Cyclically Adjusted PS Ratio was 4.78. The lowest was 0.62. And the median was 2.30.

BCHEY's Cyclically Adjusted PS Ratio is ranked worse than
75.59% of 758 companies
in the Oil & Gas industry
Industry Median: 0.885 vs BCHEY: 2.31

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.

Beach Energy's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $9.514. 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 $10.27 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beach Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beach 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.

* Premium members only.

Beach Energy Cyclically Adjusted PS Ratio Chart

Beach Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 2.53 1.94 2.51 1.84

Beach Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 2.51 - 1.84 -

Competitive Comparison of Beach Energy's Cyclically Adjusted PS Ratio

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


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

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

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



Beach 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.02/10.27
=2.05

* 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.

Beach Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Beach Energy's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=9.514/124.1700*124.1700
=9.514

Current CPI (Jun23) = 124.1700.

Beach Energy Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.839 98.352 18.734
201506 8.519 99.838 10.595
201606 5.461 100.859 6.723
201706 5.171 102.809 6.245
201806 8.622 104.945 10.201
201906 11.610 106.617 13.521
202006 9.970 106.246 11.652
202106 10.181 110.332 11.458
202206 10.770 117.112 11.419
202306 9.514 124.170 9.514

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.


Beach Energy  (OTCPK:BCHEY) 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.


Beach Energy Cyclically Adjusted PS Ratio Related Terms

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


Beach Energy (Beach Energy) Business Description

Industry
Traded in Other Exchanges
Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.

Beach Energy (Beach Energy) Headlines

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