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Ensign Energy Services (FRA:ENB) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 02, 2024)


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What is Ensign Energy Services Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Ensign Energy Services's current share price is €1.52. Ensign Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.41. Ensign Energy Services's Cyclically Adjusted PS Ratio for today is 0.24.

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

FRA:ENB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.49   Max: 1.64
Current: 0.24

During the past years, Ensign Energy Services's highest Cyclically Adjusted PS Ratio was 1.64. The lowest was 0.02. And the median was 0.49.

FRA:ENB's Cyclically Adjusted PS Ratio is ranked better than
77.35% of 755 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:ENB: 0.24

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.

Ensign Energy Services's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.589. 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 €6.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ensign Energy Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Cyclically Adjusted PS Ratio Chart

Ensign Energy Services 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 0.25 0.08 0.16 0.33 0.22

Ensign Energy Services 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 0.30 0.19 0.32 0.22 0.27

Competitive Comparison of Ensign Energy Services's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.


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

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

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



Ensign Energy Services 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.52/6.41
=0.24

* 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.

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

For example, Ensign Energy Services'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)
=1.589/126.2576*126.2576
=1.589

Current CPI (Mar. 2024) = 126.2576.

Ensign Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.266 99.473 2.876
201409 2.679 99.394 3.403
201412 2.777 98.367 3.564
201503 2.153 99.789 2.724
201506 1.579 100.500 1.984
201509 1.429 100.421 1.797
201512 1.247 99.947 1.575
201603 1.151 101.054 1.438
201606 0.796 102.002 0.985
201609 0.853 101.765 1.058
201612 1.071 101.449 1.333
201703 1.132 102.634 1.393
201706 0.989 103.029 1.212
201709 1.077 103.345 1.316
201712 1.118 103.345 1.366
201803 1.032 105.004 1.241
201806 1.094 105.557 1.309
201809 1.210 105.636 1.446
201812 1.441 105.399 1.726
201903 1.877 106.979 2.215
201906 1.588 107.690 1.862
201909 1.700 107.611 1.995
201912 1.575 107.769 1.845
202003 1.527 107.927 1.786
202006 0.784 108.401 0.913
202009 0.618 108.164 0.721
202012 0.812 108.559 0.944
202103 0.898 110.298 1.028
202106 0.887 111.720 1.002
202109 1.110 112.905 1.241
202112 1.262 113.774 1.400
202203 1.294 117.646 1.389
202206 1.468 120.806 1.534
202209 1.769 120.648 1.851
202212 1.941 120.964 2.026
202303 1.781 122.702 1.833
202306 1.625 124.203 1.652
202309 1.667 125.230 1.681
202312 1.593 125.072 1.608
202403 1.589 126.258 1.589

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.


Ensign Energy Services  (FRA:ENB) 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.


Ensign Energy Services Cyclically Adjusted PS Ratio Related Terms

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


Ensign Energy Services (FRA:ENB) Business Description

Traded in Other Exchanges
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.