Trinity Exploration & Production (Trinity Exploration & Production) Cyclically Adjusted PS Ratio : 0.08 (As of Apr. 28, 2024)

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What is Trinity Exploration & Production Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Trinity Exploration & Production's current share price is $0.5209. Trinity Exploration & Production's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was $6.26. Trinity Exploration & Production's Cyclically Adjusted PS Ratio for today is 0.08.

The historical rank and industry rank for Trinity Exploration & Production's Cyclically Adjusted PS Ratio or its related term are showing as below:

TRXEF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.17 Max: 0.32
Current: 0.1

During the past 13 years, Trinity Exploration & Production's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.07. And the median was 0.17.

TRXEF's Cyclically Adjusted PS Ratio is ranked better than
89.66% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs TRXEF: 0.10

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.

Trinity Exploration & Production's adjusted revenue per share data of for the fiscal year that ended in Dec22 was $2.292. 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 $6.26 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation

Trinity Exploration & Production Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trinity Exploration & Production'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.

Trinity Exploration & Production Cyclically Adjusted PS Ratio Chart

Trinity Exploration & Production Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cyclically Adjusted PS Ratio

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0.13

0.14

0.18

0.24

0.28

Trinity Exploration & Production Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															-	0.24	-	0.28	-

Competitive Comparison of Trinity Exploration & Production's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Trinity Exploration & Production'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.

Trinity Exploration & Production's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trinity Exploration & Production's Cyclically Adjusted PS Ratio falls into.

Trinity Exploration & Production 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.

Trinity Exploration & Production's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.5209	/	6.26
	=	0.08

Trinity Exploration & Production's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Trinity Exploration & Production's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Dec22 (Change)	*	Current CPI (Dec22)
	=	2.292	/	125.3000	*	125.3000
	=	2.292

Current CPI (Dec22) = 125.3000.

Trinity Exploration & Production Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201312	13.689	99.200	17.291
201412	11.953	99.900	14.992
201512	5.082	100.400	6.342
201612	3.724	102.200	4.566
201712	1.138	105.000	1.358
201812	1.893	107.100	2.215
201912	1.663	108.500	1.920
202012	1.141	109.400	1.307
202112	1.568	114.700	1.713
202212	2.292	125.300	2.292

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.

Trinity Exploration & Production (OTCPK:TRXEF) 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.

Trinity Exploration & Production Cyclically Adjusted PS Ratio Related Terms

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Trinity Exploration & Production (Trinity Exploration & Production) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinity Exploration & Production PLC (OTCPK:TRXEF) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

TRIN.GB:UK TRIN:UK

Address

C/o Pinsent Masons LLP, 1 Park Row, Leeds, GBR, LS1 5AB

Website

https://www.trinityexploration.com

Trinity Exploration & Production PLC is an independent exploration and production company. Its activities include the exploration, development, production, and sale of crude oil. The company operates a portfolio of producing and development assets both onshore and offshore in the shallow waters off the West and East Coasts of Trinidad. It operates through one operating segment being exploration and development, production and extraction of hydrocarbons.