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PGS ASA (OSTO:PGSO) Cyclically Adjusted PS Ratio : 0.36 (As of Jun. 01, 2024)


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What is PGS ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-01), PGS ASA's current share price is kr9.318. PGS ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr25.55. PGS ASA's Cyclically Adjusted PS Ratio for today is 0.36.

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

OSTO:PGSo' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.42   Max: 2.17
Current: 0.36

During the past years, PGS ASA's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.05. And the median was 0.42.

OSTO:PGSo's Cyclically Adjusted PS Ratio is ranked better than
70.73% of 755 companies
in the Oil & Gas industry
Industry Median: 0.89 vs OSTO:PGSo: 0.36

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.

PGS ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr2.387. 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 kr25.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PGS ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PGS ASA'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.

PGS ASA Cyclically Adjusted PS Ratio Chart

PGS ASA 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 0.48 0.16 0.11 0.23 0.32

PGS ASA 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 0.33 0.21 0.34 0.32 0.30

Competitive Comparison of PGS ASA's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, PGS ASA'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.


PGS ASA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



PGS ASA 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.

PGS ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.318/25.55
=0.36

* 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.

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

For example, PGS ASA'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)
=2.387/132.6000*132.6000
=2.387

Current CPI (Mar. 2024) = 132.6000.

PGS ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.382 97.500 12.760
201409 11.552 98.500 15.551
201412 14.433 98.600 19.410
201503 9.270 99.200 12.391
201506 9.209 100.100 12.199
201509 8.617 100.600 11.358
201512 8.763 100.900 11.516
201603 7.167 102.500 9.272
201606 6.321 103.800 8.075
201609 7.638 104.200 9.720
201612 5.110 104.400 6.490
201703 3.874 105.000 4.892
201706 5.956 105.800 7.465
201709 4.759 105.900 5.959
201712 5.698 106.100 7.121
201803 4.558 107.300 5.633
201806 5.666 108.500 6.925
201809 3.933 109.500 4.763
201812 6.789 109.800 8.199
201903 3.249 110.400 3.902
201906 4.857 110.600 5.823
201909 7.277 111.100 8.685
201912 8.733 111.300 10.404
202003 3.582 111.200 4.271
202006 2.208 112.100 2.612
202009 2.005 112.900 2.355
202012 3.746 112.900 4.400
202103 3.313 114.600 3.833
202106 3.929 115.300 4.519
202109 2.862 117.500 3.230
202112 4.294 118.900 4.789
202203 2.797 119.800 3.096
202206 5.268 122.600 5.698
202209 3.054 125.600 3.224
202212 2.539 125.900 2.674
202303 1.637 127.600 1.701
202306 1.829 130.400 1.860
202309 1.826 129.800 1.865
202312 2.888 131.900 2.903
202403 2.387 132.600 2.387

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.


PGS ASA  (OSTO:PGSo) 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.


PGS ASA Cyclically Adjusted PS Ratio Related Terms

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


PGS ASA (OSTO:PGSO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PGS ASA (OSTO:PGSo) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
Lilleakerveien 4C, Oslo, NOR, 0283
PGS ASA provides images and 3D models of the subsurface beneath the ocean floor. Oil-market participants use PGS services to find oil and gas reserves. The company's complete line of products includes seismic, electromagnetic, and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The majority of revenue is derived from the multiclient segment where it initiates and manages seismic surveys, which PGS acquires, processes, markets, and sells to multiple customers on a nonexclusive basis. Products and services are offered in offshore markets around the world. Geographically, the majority is derived from Norway.

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