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PHX Minerals (PHX Minerals) Cyclically Adjusted PS Ratio : 1.14 (As of Apr. 27, 2024)


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What is PHX Minerals Cyclically Adjusted PS Ratio?

As of today (2024-04-27), PHX Minerals's current share price is $3.40. PHX Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.97. PHX Minerals's Cyclically Adjusted PS Ratio for today is 1.14.

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

PHX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 4.69   Max: 10.46
Current: 1.17

During the past years, PHX Minerals's highest Cyclically Adjusted PS Ratio was 10.46. The lowest was 0.45. And the median was 4.69.

PHX's Cyclically Adjusted PS Ratio is ranked worse than
56.63% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs PHX: 1.17

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.

PHX Minerals's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.327. 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 $2.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PHX Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PHX Minerals'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.

PHX Minerals Cyclically Adjusted PS Ratio Chart

PHX Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 0.43 0.94 0.98 1.09

PHX Minerals 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 1.19 0.80 0.98 1.18 1.09

Competitive Comparison of PHX Minerals's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, PHX Minerals'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.


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

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

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



PHX Minerals 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.

PHX Minerals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.40/2.97
=1.14

* 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.

PHX Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PHX Minerals'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)
=0.327/129.4194*129.4194
=0.327

Current CPI (Dec. 2023) = 129.4194.

PHX Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.186 99.695 1.540
201406 1.108 100.560 1.426
201409 1.575 100.428 2.030
201412 1.867 99.070 2.439
201503 0.884 99.621 1.148
201506 0.706 100.684 0.907
201509 0.758 100.392 0.977
201512 0.691 99.792 0.896
201603 0.458 100.470 0.590
201606 0.595 101.688 0.757
201609 0.576 101.861 0.732
201612 0.424 101.863 0.539
201703 0.839 102.862 1.056
201706 0.746 103.349 0.934
201709 0.729 104.136 0.906
201712 0.737 104.011 0.917
201803 0.681 105.290 0.837
201806 0.570 106.317 0.694
201809 0.658 106.507 0.800
201812 1.029 105.998 1.256
201903 0.453 107.251 0.547
201906 0.746 108.070 0.893
201909 0.579 108.329 0.692
201912 0.442 108.420 0.528
202003 0.685 108.902 0.814
202006 0.163 108.767 0.194
202009 0.198 109.815 0.233
202012 0.274 109.897 0.323
202103 0.268 111.754 0.310
202106 0.200 114.631 0.226
202109 0.135 115.734 0.151
202112 0.501 117.630 0.551
202203 0.057 121.301 0.061
202206 0.499 125.017 0.517
202209 0.485 125.227 0.501
202212 0.501 125.222 0.518
202303 0.444 127.348 0.451
202306 0.209 128.729 0.210
202309 0.250 129.860 0.249
202312 0.327 129.419 0.327

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.


PHX Minerals  (NYSE:PHX) 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.


PHX Minerals Cyclically Adjusted PS Ratio Related Terms

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


PHX Minerals (PHX Minerals) Business Description

Industry
Traded in Other Exchanges
Address
1320 South University Drive, Suite 720, Fort Worth, TX, USA, 76107
PHX Minerals, previously Panhandle Oil & Gas, is an oil and natural gas mineral company that has employed a strategy to shift the core of its business away from drilling and toward perpetual mineral and natural gas ownership. The company owns substantial mineral acreage, principally in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas, but still maintains legacy interests in natural gas and oil properties that have retired operations. The sale of natural gas, natural gas liquids, and oil continues to be the primary source of the company's revenue.
Executives
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Chad True officer: Principal Accounting Officer 2113 NW 59TH PLACE, OKLAHOMA CITY OK 73112
Raphael D'amico officer: VP - Business Development 5400 NORTH GRAND BOULEVARD, SUITE 300, OKLAHOMA CITY OK 73112
Chad L Stephens director 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Srp Capital Advisors, Llc 10 percent owner 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Steven L Packebush director 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116-2238
Peter B Delaney director P.O. BOX 321, OKLAHOMA CITY OK 73101
Christopher T. Fraser director 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Glen A Brown director P.O. BOX 268836, OKLAHOMA CITY OK 73126
William T Fennebresque 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Srpo-ii Manager, Lp 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Cwep-srpoii Investments, Llc other: See Explanation of Responses 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Palmetto Investment Partners, Llc other: See Explanation of Responses 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Palmetto Investment Partners Ii, Llc 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Ryan A Turner 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219