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Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Cyclically Adjusted PS Ratio : 7.91 (As of Apr. 28, 2024)


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What is Cross Timbers Royalty Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Cross Timbers Royalty Trust's current share price is $14.40. Cross Timbers Royalty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.82. Cross Timbers Royalty Trust's Cyclically Adjusted PS Ratio for today is 7.91.

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

CRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31   Med: 5.84   Max: 14.81
Current: 7.93

During the past years, Cross Timbers Royalty Trust's highest Cyclically Adjusted PS Ratio was 14.81. The lowest was 2.31. And the median was 5.84.

CRT's Cyclically Adjusted PS Ratio is ranked worse than
95.36% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs CRT: 7.93

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.

Cross Timbers Royalty Trust's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.425. 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 $1.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cross Timbers Royalty Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cross Timbers Royalty 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.

Cross Timbers Royalty Trust Cyclically Adjusted PS Ratio Chart

Cross Timbers Royalty 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 3.98 4.18 6.16 13.67 9.67

Cross Timbers Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13.67 9.86 11.59 10.42 9.67

Competitive Comparison of Cross Timbers Royalty Trust's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Cross Timbers Royalty 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.


Cross Timbers Royalty Trust's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cross Timbers Royalty Trust's Cyclically Adjusted PS Ratio falls into.



Cross Timbers Royalty 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.

Cross Timbers Royalty Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.40/1.82
=7.91

* 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.

Cross Timbers Royalty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cross Timbers Royalty Trust's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.425/129.4194*129.4194
=0.425

Current CPI (Dec. 2023) = 129.4194.

Cross Timbers Royalty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.731 99.695 0.949
201406 0.643 100.560 0.828
201409 0.779 100.428 1.004
201412 0.589 99.070 0.769
201503 0.471 99.621 0.612
201506 0.309 100.684 0.397
201509 0.316 100.392 0.407
201512 0.386 99.792 0.501
201603 0.451 100.470 0.581
201606 0.232 101.688 0.295
201609 0.252 101.861 0.320
201612 0.322 101.863 0.409
201703 0.271 102.862 0.341
201706 0.272 103.349 0.341
201709 0.279 104.136 0.347
201712 0.282 104.011 0.351
201803 0.380 105.290 0.467
201806 0.389 106.317 0.474
201809 0.376 106.507 0.457
201812 0.378 105.998 0.462
201903 0.223 107.251 0.269
201906 0.310 108.070 0.371
201909 0.212 108.329 0.253
201912 0.245 108.420 0.292
202003 0.337 108.902 0.400
202006 0.209 108.767 0.249
202009 0.138 109.815 0.163
202012 0.200 109.897 0.236
202103 0.226 111.754 0.262
202106 0.299 114.631 0.338
202109 0.409 115.734 0.457
202112 0.306 117.630 0.337
202203 0.325 121.301 0.347
202206 0.628 125.017 0.650
202209 0.636 125.227 0.657
202212 0.493 125.222 0.510
202303 0.652 127.348 0.663
202306 0.527 128.729 0.530
202309 0.446 129.860 0.444
202312 0.425 129.419 0.425

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.


Cross Timbers Royalty Trust  (NYSE:CRT) 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.


Cross Timbers Royalty Trust Cyclically Adjusted PS Ratio Related Terms

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


Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
C/o Corporate Argent Trust Company, 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
Executives
Gary D. Simpson officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Timothy L Petrus other: Exec VP - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Phillip R Kevil other: Director-XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Vennerberg Vaughn O Ii other: Exec. VP - Admin., XTO Energy
Bob R Simpson other: Dir/CEO/Chair, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Bennie G Kniffen other: Sr. VP-Controller, XTO Energy
Steffen E Palko Dir, Pres. and Vice Chairman, other: Dir/Pres/Vice Chair-XTO Energy
Louis G Baldwin other: Executive VP-CFO, XTO Energy
Keith A Hutton other: Exec. VP-Operation, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Lane G Collins other: Director, XTO Energy
Jack P Randall other: Director, XTO Energy Inc.
Adams William H Iii other: Director, XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Scott G Sherman other: Director XTO Energy Inc.
Herbert D Simons other: Director, XTO Energy Inc.

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