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Inpex (IPXHY) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is Inpex Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inpex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inpex'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.

Inpex Cyclically Adjusted PS Ratio Chart

Inpex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.74 1.32 1.60 1.98

Inpex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.56 1.74 2.40 1.98 -

Competitive Comparison of Inpex's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Inpex'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.


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

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

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



Inpex 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.

Inpex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Inpex's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.164/107.2000*107.2000
=3.164

Current CPI (Mar. 2024) = 107.2000.

Inpex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.289 98.000 2.504
201409 2.052 98.500 2.233
201412 1.512 97.900 1.656
201503 1.391 97.900 1.523
201506 1.352 98.400 1.473
201509 1.839 98.500 2.001
201512 1.363 98.100 1.489
201603 1.216 97.900 1.332
201606 1.288 98.100 1.407
201609 1.288 98.000 1.409
201612 1.380 98.400 1.503
201703 1.522 98.100 1.663
201706 1.345 98.500 1.464
201709 1.422 98.800 1.543
201712 1.551 99.400 1.673
201803 1.485 99.200 1.605
201806 1.259 99.200 1.361
201809 1.441 99.900 1.546
201812 1.601 99.700 1.721
201903 1.669 99.700 1.795
201906 1.822 99.800 1.957
201909 1.833 100.100 1.963
201912 2.666 100.500 2.844
202003 1.588 100.300 1.697
202006 0.904 99.900 0.970
202009 1.304 99.900 1.399
202012 1.176 99.300 1.270
202103 1.535 99.900 1.647
202106 1.584 99.500 1.707
202109 2.181 100.100 2.336
202112 2.448 100.100 2.622
202203 2.952 101.100 3.130
202206 3.302 101.800 3.477
202209 3.057 103.100 3.179
202212 3.505 104.100 3.609
202303 3.309 104.400 3.398
202306 2.711 105.200 2.763
202309 2.726 106.200 2.752
202312 3.090 106.800 3.102
202403 3.164 107.200 3.164

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.


Inpex  (OTCPK:IPXHY) 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.


Inpex Cyclically Adjusted PS Ratio Related Terms

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


Inpex (IPXHY) Business Description

Industry
Traded in Other Exchanges
Address
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332
Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

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