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National Fuel Gas Co (National Fuel Gas Co) Cyclically Adjusted PS Ratio : 2.25 (As of Apr. 27, 2024)


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What is National Fuel Gas Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), National Fuel Gas Co's current share price is $53.83. National Fuel Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $23.94. National Fuel Gas Co's Cyclically Adjusted PS Ratio for today is 2.25.

The historical rank and industry rank for National Fuel Gas Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

NFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2.37   Max: 3.21
Current: 2.29

During the past years, National Fuel Gas Co's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 1.50. And the median was 2.37.

NFG's Cyclically Adjusted PS Ratio is ranked worse than
74.93% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs NFG: 2.29

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.

National Fuel Gas Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.683. 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 $23.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Fuel Gas Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Fuel Gas Co'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.

National Fuel Gas Co Cyclically Adjusted PS Ratio Chart

National Fuel Gas Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 1.87 2.37 2.58 2.14

National Fuel Gas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.65 2.39 2.12 2.14 2.10

Competitive Comparison of National Fuel Gas Co's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, National Fuel Gas Co'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.


National Fuel Gas Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where National Fuel Gas Co's Cyclically Adjusted PS Ratio falls into.



National Fuel Gas Co 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.

National Fuel Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.83/23.94
=2.25

* 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.

National Fuel Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, National Fuel Gas Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.683/129.4194*129.4194
=5.683

Current CPI (Dec. 2023) = 129.4194.

National Fuel Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.914 99.695 11.572
201406 5.180 100.560 6.667
201409 4.307 100.428 5.550
201412 6.155 99.070 8.041
201503 7.002 99.621 9.096
201506 3.986 100.684 5.124
201509 3.560 100.392 4.589
201512 4.432 99.792 5.748
201603 5.296 100.470 6.822
201606 3.927 101.688 4.998
201609 3.440 101.861 4.371
201612 4.924 101.863 6.256
201703 6.070 102.862 7.637
201706 4.048 103.349 5.069
201709 3.327 104.136 4.135
201712 4.861 104.011 6.048
201803 6.266 105.290 7.702
201806 3.964 106.317 4.825
201809 3.338 106.507 4.056
201812 5.654 105.998 6.903
201903 6.368 107.251 7.684
201906 4.113 108.070 4.926
201909 3.380 108.329 4.038
201912 5.112 108.420 6.102
202003 5.673 108.902 6.742
202006 3.657 108.767 4.351
202009 3.166 109.815 3.731
202012 4.821 109.897 5.677
202103 6.014 111.754 6.965
202106 4.298 114.631 4.852
202109 3.877 115.734 4.335
202112 5.939 117.630 6.534
202203 7.622 121.301 8.132
202206 5.453 125.017 5.645
202209 4.721 125.227 4.879
202212 7.141 125.222 7.380
202303 7.775 127.348 7.901
202306 4.645 128.729 4.670
202309 3.996 129.860 3.982
202312 5.683 129.419 5.683

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.


National Fuel Gas Co  (NYSE:NFG) 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.


National Fuel Gas Co Cyclically Adjusted PS Ratio Related Terms

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


National Fuel Gas Co (National Fuel Gas Co) Business Description

Industry
Traded in Other Exchanges
Address
6363 Main Street, Williamsville, NY, USA, 14221
National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States and majorly it generates revenue from Exploration and Production segment.
Executives
Timothy J Silverstein officer: Treasurer & Prin. Fin.Officer 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Michael W Reville officer: General Counsel and Secretary 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Ronald C Kraemer officer: Pres - Empire Pipeline 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Ronald J Tanski officer: Controller NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Justin I Loweth officer: Pres - Seneca Resources 1201 LOUISIANA STREET, SUITE 2600, HOUSTON TX 77002
Donna L Decarolis officer: President, Horizon Power 6363 MAIN ST., WILLIAMSVILLE NY 14221
David P Bauer officer: Treasurer, Prin.Fin. Officer 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Sarah J Mugel officer: General Counsel and Secretary 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Barbara M Baumann director 1776 LINCOLN ST, STE 700, DENVER CO 80203
Paula M Ciprich officer: General Counsel. NFG Co. 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Michael P Kasprzak officer: President NFG Midstream Co 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Elena G Mendel officer: Controller 6363 MAIN STREET, WILLIAMSVILLE NY 14221
Martin A Krebs officer: Chief Information Officer 6363 MAIN STREET, WILLIAMSVILLE NY 14221
David Hugo Anderson director
John P Mcginnis officer: COO - Seneca Resources 1201 LOUISIANA STREET, SUITE 2600, HOUSTON TX 77002

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