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Enerflex (TSX:EFX) Cyclically Adjusted PS Ratio : 0.32 (As of Jun. 08, 2024)


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What is Enerflex Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Enerflex's current share price is C$6.78. Enerflex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$21.43. Enerflex's Cyclically Adjusted PS Ratio for today is 0.32.

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

TSX:EFX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.39   Max: 0.63
Current: 0.31

During the past years, Enerflex's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.23. And the median was 0.39.

TSX:EFX's Cyclically Adjusted PS Ratio is ranked better than
73.05% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TSX:EFX: 0.31

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.

Enerflex's adjusted revenue per share data for the three months ended in Mar. 2024 was C$6.967. 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$21.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enerflex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Enerflex'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.

Enerflex Cyclically Adjusted PS Ratio Chart

Enerflex 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 0.63 0.34 0.39 0.43 0.29

Enerflex 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 0.39 0.43 0.37 0.29 0.37

Competitive Comparison of Enerflex's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Enerflex'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.


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

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

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



Enerflex 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.

Enerflex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.78/21.43
=0.32

* 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.

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

For example, Enerflex'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)
=6.967/126.2576*126.2576
=6.967

Current CPI (Mar. 2024) = 126.2576.

Enerflex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.457 99.473 6.926
201409 5.622 99.394 7.141
201412 5.683 98.367 7.294
201503 5.731 99.789 7.251
201506 4.903 100.500 6.160
201509 5.317 100.421 6.685
201512 3.938 99.947 4.975
201603 3.496 101.054 4.368
201606 3.185 102.002 3.942
201609 3.212 101.765 3.985
201612 3.657 101.449 4.551
201703 4.000 102.634 4.921
201706 4.966 103.029 6.086
201709 3.499 103.345 4.275
201712 4.960 103.345 6.060
201803 4.343 105.004 5.222
201806 4.543 105.557 5.434
201809 5.050 105.636 6.036
201812 4.412 105.399 5.285
201903 5.413 106.979 6.388
201906 6.103 107.690 7.155
201909 6.066 107.611 7.117
201912 5.567 107.769 6.522
202003 4.014 107.927 4.696
202006 3.180 108.401 3.704
202009 2.921 108.164 3.410
202012 3.834 108.559 4.459
202103 2.254 110.298 2.580
202106 2.244 111.720 2.536
202109 2.556 112.905 2.858
202112 3.600 113.774 3.995
202203 3.653 117.646 3.920
202206 4.115 120.806 4.301
202209 4.272 120.648 4.471
202212 5.865 120.964 6.122
202303 6.732 122.702 6.927
202306 6.282 124.203 6.386
202309 6.242 125.230 6.293
202312 6.850 125.072 6.915
202403 6.967 126.258 6.967

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.


Enerflex  (TSX:EFX) 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.


Enerflex Cyclically Adjusted PS Ratio Related Terms

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


Enerflex (TSX:EFX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (TSX:EFX) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.
Executives
Joanne Linette Cox Director