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Scorpio Tankers (Scorpio Tankers) Cyclically Adjusted PS Ratio : 3.02 (As of Jun. 01, 2024)


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What is Scorpio Tankers Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Scorpio Tankers's current share price is $82.07. Scorpio Tankers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $27.18. Scorpio Tankers's Cyclically Adjusted PS Ratio for today is 3.02.

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

STNG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.84   Max: 3.02
Current: 3.02

During the past years, Scorpio Tankers's highest Cyclically Adjusted PS Ratio was 3.02. The lowest was 0.33. And the median was 0.84.

STNG's Cyclically Adjusted PS Ratio is ranked worse than
82.38% of 755 companies
in the Oil & Gas industry
Industry Median: 0.89 vs STNG: 3.02

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.

Scorpio Tankers's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.516. 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 $27.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scorpio Tankers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Scorpio Tankers'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.

Scorpio Tankers Cyclically Adjusted PS Ratio Chart

Scorpio Tankers 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 1.42 0.43 0.50 2.06 2.30

Scorpio Tankers 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 2.20 1.82 2.06 2.30 2.63

Competitive Comparison of Scorpio Tankers's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Scorpio Tankers'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.


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

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

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



Scorpio Tankers 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.

Scorpio Tankers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=82.07/27.18
=3.02

* 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.

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

For example, Scorpio Tankers'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)
=7.516/131.7762*131.7762
=7.516

Current CPI (Mar. 2024) = 131.7762.

Scorpio Tankers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.091 100.560 4.051
201409 5.184 100.428 6.802
201412 7.931 99.070 10.549
201503 8.598 99.621 11.373
201506 9.461 100.684 12.383
201509 11.112 100.392 14.586
201512 8.718 99.792 11.512
201603 9.967 100.470 13.073
201606 8.269 101.688 10.716
201609 7.109 101.861 9.197
201612 6.557 101.863 8.483
201703 7.547 102.862 9.668
201706 6.529 103.349 8.325
201709 5.305 104.136 6.713
201712 5.217 104.011 6.610
201803 5.081 105.290 6.359
201806 4.580 106.317 5.677
201809 3.847 106.507 4.760
201812 3.602 105.998 4.478
201903 4.033 107.251 4.955
201906 3.132 108.070 3.819
201909 2.804 108.329 3.411
201912 4.053 108.420 4.926
202003 4.120 108.902 4.985
202006 5.621 108.767 6.810
202009 3.228 109.815 3.874
202012 2.548 109.897 3.055
202103 2.470 111.754 2.913
202106 2.561 114.631 2.944
202109 2.178 115.734 2.480
202112 2.673 117.630 2.994
202203 3.141 121.301 3.412
202206 6.288 125.017 6.628
202209 7.800 125.227 8.208
202212 8.025 125.222 8.445
202303 6.503 127.348 6.729
202306 5.959 128.729 6.100
202309 5.606 129.860 5.689
202312 6.510 129.419 6.629
202403 7.516 131.776 7.516

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.


Scorpio Tankers  (NYSE:STNG) 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.


Scorpio Tankers Cyclically Adjusted PS Ratio Related Terms

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


Scorpio Tankers (Scorpio Tankers) Business Description

Industry
Traded in Other Exchanges
Address
Le Millenium 9, Boulevard Charles III, Monaco, MCO, 98000
Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters-in 113 product tankers namely 39 LR2 tankers, 60 MR tankers and 14 Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products.