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Egypt Gas (CAI:EGAS) Cyclically Adjusted PS Ratio : 0.48 (As of May. 28, 2024)


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What is Egypt Gas Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Egypt Gas's current share price is E£24.40. Egypt Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was E£50.42. Egypt Gas's Cyclically Adjusted PS Ratio for today is 0.48.

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

CAI:EGAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.49   Max: 0.86
Current: 0.49

During the past years, Egypt Gas's highest Cyclically Adjusted PS Ratio was 0.86. The lowest was 0.40. And the median was 0.49.

CAI:EGAS's Cyclically Adjusted PS Ratio is ranked better than
77.3% of 445 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs CAI:EGAS: 0.49

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.

Egypt Gas's adjusted revenue per share data for the three months ended in Dec. 2023 was E£22.587. 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 E£50.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Egypt Gas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Egypt Gas'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.

Egypt Gas Cyclically Adjusted PS Ratio Chart

Egypt Gas 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 - - 0.61 0.55 0.53

Egypt Gas 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 0.55 0.46 0.45 0.42 0.53

Competitive Comparison of Egypt Gas's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Egypt Gas'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.


Egypt Gas's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Egypt Gas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Egypt Gas 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.

Egypt Gas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.40/50.42
=0.48

* 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.

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

For example, Egypt Gas'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)
=22.587/129.4194*129.4194
=22.587

Current CPI (Dec. 2023) = 129.4194.

Egypt Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.253 99.695 4.223
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 4.443 99.070 5.804
201503 3.539 99.621 4.598
201506 4.030 100.684 5.180
201509 4.145 100.392 5.344
201512 5.893 99.792 7.643
201603 4.345 100.470 5.597
201606 4.516 101.688 5.748
201609 4.877 101.861 6.196
201612 7.379 101.863 9.375
201703 4.426 102.862 5.569
201706 4.962 103.349 6.214
201709 5.900 104.136 7.333
201712 9.201 104.011 11.449
201803 5.519 105.290 6.784
201806 8.354 106.317 10.169
201809 8.852 106.507 10.756
201812 16.997 105.998 20.753
201903 9.986 107.251 12.050
201906 11.831 108.070 14.168
201909 13.730 108.329 16.403
201912 16.604 108.420 19.820
202003 9.602 108.902 11.411
202006 10.254 108.767 12.201
202009 14.954 109.815 17.624
202012 20.784 109.897 24.476
202103 13.597 111.754 15.746
202106 17.682 114.631 19.963
202109 19.079 115.734 21.335
202112 24.704 117.630 27.180
202203 17.480 121.301 18.650
202206 25.090 125.017 25.974
202209 14.085 125.227 14.557
202212 13.372 125.222 13.820
202303 14.076 127.348 14.305
202306 7.567 128.729 7.608
202309 10.461 129.860 10.426
202312 22.587 129.419 22.587

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.


Egypt Gas  (CAI:EGAS) 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.


Egypt Gas Cyclically Adjusted PS Ratio Related Terms

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


Egypt Gas (CAI:EGAS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30, Al Mofatsheen Street, Almaza, Heliopolis, Cairo, EGY
Egypt Gas operates in the natural gas segment. Its services include designing and engineering for natural gas distribution, construction of odourization plant and control stations, pressure reducing and water-heater flues construction.

Egypt Gas (CAI:EGAS) Headlines