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CNX Resources (CNX Resources) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is CNX Resources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CNX Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CNX Resources'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.

CNX Resources Cyclically Adjusted PS Ratio Chart

CNX Resources 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 0.71 1.05 1.40 1.58 1.99

CNX Resources 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 1.51 1.70 2.20 1.99 -

Competitive Comparison of CNX Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, CNX Resources'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.


CNX Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



CNX Resources 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.

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

For example, CNX Resources'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)
=2.414/129.4194*129.4194
=2.414

Current CPI (Mar. 2024) = 129.4194.

CNX Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.903 100.560 5.023
201409 3.649 100.428 4.702
201412 1.403 99.070 1.833
201503 2.900 99.621 3.767
201506 2.143 100.684 2.755
201509 2.146 100.392 2.767
201512 -3.553 99.792 -4.608
201603 1.918 100.470 2.471
201606 1.986 101.688 2.528
201609 2.178 101.861 2.767
201612 -2.173 101.863 -2.761
201703 1.490 102.862 1.875
201706 1.237 103.349 1.549
201709 1.165 104.136 1.448
201712 1.528 104.011 1.901
201803 2.055 105.290 2.526
201806 1.720 106.317 2.094
201809 1.782 106.507 2.165
201812 2.674 105.998 3.265
201903 2.399 107.251 2.895
201906 1.989 108.070 2.382
201909 1.677 108.329 2.003
201912 1.876 108.420 2.239
202003 1.611 108.902 1.915
202006 1.133 108.767 1.348
202009 1.182 109.815 1.393
202012 1.504 109.897 1.771
202103 1.923 111.754 2.227
202106 1.872 114.631 2.113
202109 2.906 115.734 3.250
202112 4.373 117.630 4.811
202203 4.069 121.301 4.341
202206 4.782 125.017 4.950
202209 6.290 125.227 6.501
202212 4.860 125.222 5.023
202303 2.606 127.348 2.648
202306 1.540 128.729 1.548
202309 1.588 129.860 1.583
202312 2.108 129.419 2.108
202403 2.414 129.419 2.414

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.


CNX Resources  (NYSE:CNX) 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.


CNX Resources Cyclically Adjusted PS Ratio Related Terms

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


CNX Resources (CNX Resources) Business Description

Industry
Traded in Other Exchanges
Address
1000 Horizon Vue Drive, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
Executives
Bernard Jr Lanigan director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Navneet Behl officer: Chief Operating Officer 1000 HORIZON VUE DRIVE, CANONSBURG PA 15317
Robert Agbede director 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Hayley Scott officer: Chief Risk Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ravi Srivastava officer: Vice President, Green Ventures 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Alexander John Reyes officer: EVP, GC & Corp. Sec. CNX CENTER, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Donald W. Rush officer: EVP & Chief Financial Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Alan K Shepard officer: Vice President and CAO 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA 15317
N J Deiuliis director, officer: President and CEO 1800 WASHINGTON RD., PITTSBURGH PA 15421-4000
Stephanie L Gill officer: SVP, GC and Secretary C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Olayemi Akinkugbe officer: Chief Excellence Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ian R Mcguire director PO BOX 1526, ROSS CA 94957
J. Palmer Clarkson director 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Chad A Griffith officer: VP Commercial & VP Marketing 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Andrea D. Passman officer: Sr VP Engineering & Operations 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317