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Gibson Energy (TSX:GEI) Cyclically Adjusted PS Ratio : 0.38 (As of May. 26, 2024)


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What is Gibson Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Gibson Energy's current share price is C$22.49. Gibson Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$59.02. Gibson Energy's Cyclically Adjusted PS Ratio for today is 0.38.

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

TSX:GEI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.42   Max: 0.52
Current: 0.38

During the past years, Gibson Energy's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.31. And the median was 0.42.

TSX:GEI's Cyclically Adjusted PS Ratio is ranked better than
68.16% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TSX:GEI: 0.38

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.

Gibson Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was C$20.060. 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 C$59.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gibson Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gibson Energy'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.

Gibson Energy Cyclically Adjusted PS Ratio Chart

Gibson Energy 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 - 0.40 0.43 0.42 0.34

Gibson Energy 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 0.38 0.36 0.33 0.34 0.39

Competitive Comparison of Gibson Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Gibson Energy'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.


Gibson Energy's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Gibson Energy 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.

Gibson Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.49/59.02
=0.38

* 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.

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

For example, Gibson Energy'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)
=20.06/126.2576*126.2576
=20.060

Current CPI (Mar. 2024) = 126.2576.

Gibson Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.926 99.473 21.484
201409 18.702 99.394 23.757
201412 15.649 98.367 20.086
201503 11.148 99.789 14.105
201506 12.540 100.500 15.754
201509 10.704 100.421 13.458
201512 8.638 99.947 10.912
201603 7.064 101.054 8.826
201606 8.351 102.002 10.337
201609 8.325 101.765 10.329
201612 9.975 101.449 12.414
201703 9.861 102.634 12.131
201706 9.964 103.029 12.210
201709 9.070 103.345 11.081
201712 11.552 103.345 14.113
201803 11.580 105.004 13.924
201806 11.693 105.557 13.986
201809 14.517 105.636 17.351
201812 8.960 105.399 10.733
201903 11.891 106.979 14.034
201906 13.046 107.690 15.295
201909 13.489 107.611 15.826
201912 11.271 107.769 13.205
202003 9.849 107.927 11.522
202006 5.338 108.401 6.217
202009 9.156 108.164 10.688
202012 8.865 108.559 10.310
202103 10.836 110.298 12.404
202106 11.218 111.720 12.678
202109 12.108 112.905 13.540
202112 14.207 113.774 15.766
202203 17.942 117.646 19.255
202206 21.300 120.806 22.261
202209 17.929 120.648 18.763
202212 17.046 120.964 17.792
202303 16.336 122.702 16.809
202306 18.258 124.203 18.560
202309 20.671 125.230 20.841
202312 17.201 125.072 17.364
202403 20.060 126.258 20.060

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.


Gibson Energy  (TSX:GEI) 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.


Gibson Energy Cyclically Adjusted PS Ratio Related Terms

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


Gibson Energy (TSX:GEI) Business Description

Industry
Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.
Executives
Sean Brown Senior Officer

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