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Imperial Petroleum (Imperial Petroleum) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 06, 2024)


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What is Imperial Petroleum Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Imperial Petroleum's current share price is $3.775. Imperial Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $22.91. Imperial Petroleum's Cyclically Adjusted PS Ratio for today is 0.16.

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

IMPP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.16   Max: 3.59
Current: 0.17

During the past years, Imperial Petroleum's highest Cyclically Adjusted PS Ratio was 3.59. The lowest was 0.06. And the median was 0.16.

IMPP's Cyclically Adjusted PS Ratio is ranked better than
83.67% of 753 companies
in the Oil & Gas industry
Industry Median: 0.89 vs IMPP: 0.17

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.

Imperial Petroleum's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.331. 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 $22.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Petroleum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Imperial Petroleum'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.

Imperial Petroleum Cyclically Adjusted PS Ratio Chart

Imperial Petroleum Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.13 0.15 0.12

Imperial Petroleum Quarterly Data
Jul11 Oct11 Jan12 Apr12 Dec19 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 0.11 0.14 0.07 0.12 0.14

Competitive Comparison of Imperial Petroleum's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Imperial Petroleum'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.


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

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

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



Imperial Petroleum 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.

Imperial Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.775/22.91
=0.16

* 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.

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

For example, Imperial Petroleum'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)
=1.331/117.2848*117.2848
=1.331

Current CPI (Mar. 2024) = 117.2848.

Imperial Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200607 0.730 87.165 0.982
200610 0.479 88.389 0.636
200701 0.288 88.459 0.382
200704 0.186 89.910 0.243
200707 0.429 89.364 0.563
200710 0.470 91.125 0.605
200801 0.553 91.906 0.706
200804 0.101 93.897 0.126
200807 0.583 93.728 0.730
200810 0.617 94.665 0.764
200901 0.172 93.520 0.216
200904 0.100 94.799 0.124
200907 0.045 94.261 0.056
200910 0.054 95.819 0.066
201001 0.030 95.743 0.037
201004 0.021 99.388 0.025
201007 0.259 99.439 0.305
201010 9.964 100.810 11.592
201101 8.309 100.722 9.675
201104 0.037 103.292 0.042
201107 40.251 101.823 46.363
201110 14.768 103.832 16.681
201201 4.947 103.059 5.630
201204 0.001 105.258 0.001
201912 0.000 102.120 0.000
202009 2.193 99.886 2.575
202012 2.118 99.751 2.490
202103 1.927 99.817 2.264
202106 1.580 101.270 1.830
202109 12.984 102.095 14.916
202112 12.601 104.853 14.095
202203 64.759 108.651 69.905
202206 1.512 113.517 1.562
202209 3.362 114.371 3.448
202212 2.944 112.428 3.071
202303 4.346 113.620 4.486
202306 2.763 115.515 2.805
202309 1.108 116.234 1.118
202312 0.958 116.364 0.966
202403 1.331 117.285 1.331

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.


Imperial Petroleum  (NAS:IMPP) 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.


Imperial Petroleum Cyclically Adjusted PS Ratio Related Terms

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


Imperial Petroleum (Imperial Petroleum) Business Description

Industry
Traded in Other Exchanges
N/A
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.