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Stella-Jones (TSX:SJ) Cyclically Adjusted PS Ratio : 2.02 (As of Jun. 01, 2024)


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What is Stella-Jones Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Stella-Jones's current share price is C$81.36. Stella-Jones's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$40.29. Stella-Jones's Cyclically Adjusted PS Ratio for today is 2.02.

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

TSX:SJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.34   Max: 4.69
Current: 2.02

During the past years, Stella-Jones's highest Cyclically Adjusted PS Ratio was 4.69. The lowest was 1.01. And the median was 2.34.

TSX:SJ's Cyclically Adjusted PS Ratio is ranked worse than
86.8% of 250 companies
in the Forest Products industry
Industry Median: 0.58 vs TSX:SJ: 2.02

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.

Stella-Jones's adjusted revenue per share data for the three months ended in Mar. 2024 was C$13.646. 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$40.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stella-Jones Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stella-Jones'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.

Stella-Jones Cyclically Adjusted PS Ratio Chart

Stella-Jones 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 1.75 1.90 1.40 1.43 1.98

Stella-Jones 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 1.47 1.85 1.71 1.98 1.96

Competitive Comparison of Stella-Jones's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Stella-Jones'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.


Stella-Jones's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stella-Jones's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Stella-Jones 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.

Stella-Jones's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.36/40.29
=2.02

* 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.

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

For example, Stella-Jones'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)
=13.646/126.2576*126.2576
=13.646

Current CPI (Mar. 2024) = 126.2576.

Stella-Jones Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.990 99.473 6.334
201409 5.168 99.394 6.565
201412 4.207 98.367 5.400
201503 4.923 99.789 6.229
201506 6.184 100.500 7.769
201509 6.257 100.421 7.867
201512 5.163 99.947 6.522
201603 6.078 101.054 7.594
201606 8.133 102.002 10.067
201609 7.397 101.765 9.177
201612 4.934 101.449 6.141
201703 5.726 102.634 7.044
201706 8.571 103.029 10.503
201709 7.465 103.345 9.120
201712 5.442 103.345 6.649
201803 5.750 105.004 6.914
201806 9.549 105.557 11.422
201809 9.083 105.636 10.856
201812 6.239 105.399 7.474
201903 6.382 106.979 7.532
201906 9.653 107.690 11.317
201909 9.158 107.611 10.745
201912 6.554 107.769 7.678
202003 7.526 107.927 8.804
202006 11.378 108.401 13.252
202009 11.009 108.164 12.851
202012 7.991 108.559 9.294
202103 9.482 110.298 10.854
202106 13.807 111.720 15.604
202109 10.495 112.905 11.736
202112 8.463 113.774 9.392
202203 10.289 117.646 11.042
202206 14.554 120.806 15.211
202209 13.876 120.648 14.521
202212 11.186 120.964 11.676
202303 12.075 122.702 12.425
202306 16.673 124.203 16.949
202309 16.448 125.230 16.583
202312 12.051 125.072 12.165
202403 13.646 126.258 13.646

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.


Stella-Jones  (TSX:SJ) 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.


Stella-Jones Cyclically Adjusted PS Ratio Related Terms

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


Stella-Jones (TSX:SJ) Business Description

Traded in Other Exchanges
Address
3100 de la Cote-Vertu Boulevard, Suite 300, Saint-Laurent, QC, CAN, H4R 2J8
Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment. Its geographical segments are the United States and Canada, of which the majority of its revenue is derived from the United States.
Executives
Eric Vachon Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)