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TGS ASA (TGS ASA) Cyclically Adjusted PS Ratio : 2.04 (As of May. 14, 2024)


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What is TGS ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-14), TGS ASA's current share price is $10.72. TGS ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.25. TGS ASA's Cyclically Adjusted PS Ratio for today is 2.04.

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

TGSGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.79   Max: 7.33
Current: 2.08

During the past years, TGS ASA's highest Cyclically Adjusted PS Ratio was 7.33. The lowest was 1.49. And the median was 2.79.

TGSGY's Cyclically Adjusted PS Ratio is ranked worse than
73.18% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TGSGY: 2.08

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.

TGS ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.197. 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 $5.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TGS ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TGS 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.

TGS ASA Cyclically Adjusted PS Ratio Chart

TGS 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 5.28 2.65 1.63 2.42 2.33

TGS 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 3.40 2.83 2.59 2.33 2.10

Competitive Comparison of TGS ASA's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, TGS 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.


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

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

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



TGS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.72/5.25
=2.04

* 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.

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

For example, TGS 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)
=1.197/131.9000*131.9000
=1.197

Current CPI (Mar. 2024) = 131.9000.

TGS ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.967 97.500 2.661
201409 1.843 98.500 2.468
201412 2.902 98.600 3.882
201503 1.676 99.200 2.228
201506 1.369 100.100 1.804
201509 1.649 100.600 2.162
201512 1.296 100.900 1.694
201603 0.631 102.500 0.812
201606 1.157 103.800 1.470
201609 1.294 104.200 1.638
201612 1.621 104.400 2.048
201703 1.100 105.000 1.382
201706 1.009 105.800 1.258
201709 1.351 105.900 1.683
201712 1.523 106.100 1.893
201803 1.229 107.300 1.511
201806 1.029 108.500 1.251
201809 1.281 109.500 1.543
201812 2.630 109.800 3.159
201903 0.949 110.400 1.134
201906 1.207 110.600 1.439
201909 1.450 111.100 1.721
201912 1.825 111.300 2.163
202003 0.448 111.200 0.531
202006 0.568 112.100 0.668
202009 0.497 112.900 0.581
202012 1.494 112.900 1.745
202103 1.204 114.600 1.386
202106 0.634 115.300 0.725
202109 1.562 117.500 1.753
202112 0.621 118.900 0.689
202203 1.137 119.800 1.252
202206 1.992 122.600 2.143
202209 1.557 125.600 1.635
202212 1.773 125.900 1.857
202303 1.393 127.600 1.440
202306 1.648 130.400 1.667
202309 1.786 129.800 1.815
202312 1.387 131.900 1.387
202403 1.197 131.900 1.197

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.


TGS ASA  (OTCPK:TGSGY) 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.


TGS ASA Cyclically Adjusted PS Ratio Related Terms

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


TGS ASA (TGS ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TGS ASA (OTCPK:TGSGY) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, 0277
TGS ASA provides geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. It invests in multiclient data projects in frontier, emerging, and mature markets worldwide to develop a library of seismic imaging, well data, and interpretive products and services. Reportable segments are Western Hemisphere, Eastern Hemisphere, Digital Energy Solutions, Data Acquisition and Others. The company offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists also contract consulting work in geology, geophysics, and petrophysics. Majority revenue comes from Latin America.

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