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McCoy Global (TSX:MCB) Cyclically Adjusted PS Ratio : 0.79 (As of Jun. 06, 2024)


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What is McCoy Global Cyclically Adjusted PS Ratio?

As of today (2024-06-06), McCoy Global's current share price is C$1.88. McCoy Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$2.39. McCoy Global's Cyclically Adjusted PS Ratio for today is 0.79.

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

TSX:MCB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.39   Max: 1.41
Current: 0.84

During the past years, McCoy Global's highest Cyclically Adjusted PS Ratio was 1.41. The lowest was 0.10. And the median was 0.39.

TSX:MCB's Cyclically Adjusted PS Ratio is ranked better than
51.66% of 753 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TSX:MCB: 0.84

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.

McCoy Global's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.679. 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$2.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


McCoy Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Cyclically Adjusted PS Ratio Chart

McCoy Global 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 0.18 0.15 0.24 0.37 0.86

McCoy Global 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 0.52 0.55 0.69 0.86 0.80

Competitive Comparison of McCoy Global's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


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

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

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



McCoy Global 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.

McCoy Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.88/2.39
=0.79

* 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.

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

For example, McCoy Global'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)
=0.679/126.2576*126.2576
=0.679

Current CPI (Mar. 2024) = 126.2576.

McCoy Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.014 99.473 1.287
201409 1.399 99.394 1.777
201412 0.978 98.367 1.255
201503 0.926 99.789 1.172
201506 1.018 100.500 1.279
201509 0.762 100.421 0.958
201512 0.420 99.947 0.531
201603 0.260 101.054 0.325
201606 0.238 102.002 0.295
201609 0.254 101.765 0.315
201612 0.221 101.449 0.275
201703 0.371 102.634 0.456
201706 0.327 103.029 0.401
201709 0.374 103.345 0.457
201712 0.374 103.345 0.457
201803 0.403 105.004 0.485
201806 0.387 105.557 0.463
201809 0.504 105.636 0.602
201812 0.509 105.399 0.610
201903 0.566 106.979 0.668
201906 0.432 107.690 0.506
201909 0.492 107.611 0.577
201912 0.430 107.769 0.504
202003 0.410 107.927 0.480
202006 0.397 108.401 0.462
202009 0.318 108.164 0.371
202012 0.337 108.559 0.392
202103 0.265 110.298 0.303
202106 0.212 111.720 0.240
202109 0.318 112.905 0.356
202112 0.289 113.774 0.321
202203 0.315 117.646 0.338
202206 0.490 120.806 0.512
202209 0.453 120.648 0.474
202212 0.733 120.964 0.765
202303 0.639 122.702 0.658
202306 0.569 124.203 0.578
202309 0.622 125.230 0.627
202312 0.662 125.072 0.668
202403 0.679 126.258 0.679

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.


McCoy Global  (TSX:MCB) 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.


McCoy Global Cyclically Adjusted PS Ratio Related Terms

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


McCoy Global (TSX:MCB) Business Description

Industry
Traded in Other Exchanges
Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.
Executives
Cannell Capital Llc 10% Security Holder

McCoy Global (TSX:MCB) Headlines

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