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Stantec (TSX:STN) Cyclically Adjusted PS Ratio : 2.37 (As of Jun. 08, 2024)


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What is Stantec Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Stantec's current share price is C$112.99. Stantec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$47.64. Stantec's Cyclically Adjusted PS Ratio for today is 2.37.

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

TSX:STN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.58   Max: 2.52
Current: 2.38

During the past years, Stantec's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.94. And the median was 1.58.

TSX:STN's Cyclically Adjusted PS Ratio is ranked worse than
84.75% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs TSX:STN: 2.38

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.

Stantec's adjusted revenue per share data for the three months ended in Mar. 2024 was C$15.091. 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$47.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stantec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stantec'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.

Stantec Cyclically Adjusted PS Ratio Chart

Stantec 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 1.19 1.22 1.90 1.54 2.29

Stantec 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 1.81 1.93 1.92 2.29 2.36

Competitive Comparison of Stantec's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Stantec'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.


Stantec's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Stantec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Stantec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112.99/47.64
=2.37

* 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.

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

For example, Stantec'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)
=15.091/126.2576*126.2576
=15.091

Current CPI (Mar. 2024) = 126.2576.

Stantec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.721 99.473 8.531
201409 7.134 99.394 9.062
201412 6.852 98.367 8.795
201503 7.468 99.789 9.449
201506 7.504 100.500 9.427
201509 7.923 100.421 9.961
201512 7.496 99.947 9.469
201603 8.006 101.054 10.003
201606 9.816 102.002 12.150
201609 11.005 101.765 13.654
201612 10.862 101.449 13.518
201703 11.130 102.634 13.692
201706 11.531 103.029 14.131
201709 11.384 103.345 13.908
201712 1.177 103.345 1.438
201803 8.935 105.004 10.744
201806 9.580 105.557 11.459
201809 9.543 105.636 11.406
201812 9.581 105.399 11.477
201903 10.299 106.979 12.155
201906 10.960 107.690 12.850
201909 11.130 107.611 13.059
201912 10.885 107.769 12.752
202003 10.912 107.927 12.765
202006 10.779 108.401 12.555
202009 10.479 108.164 12.232
202012 10.061 108.559 11.701
202103 9.745 110.298 11.155
202106 10.149 111.720 11.470
202109 10.474 112.905 11.713
202112 10.633 113.774 11.800
202203 11.731 117.646 12.590
202206 12.396 120.806 12.955
202209 13.284 120.648 13.902
202212 13.657 120.964 14.255
202303 13.876 122.702 14.278
202306 14.757 124.203 15.001
202309 15.260 125.230 15.385
202312 14.360 125.072 14.496
202403 15.091 126.258 15.091

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.


Stantec  (TSX:STN) 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.


Stantec Cyclically Adjusted PS Ratio Related Terms

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


Stantec (TSX:STN) Business Description

Industry
Traded in Other Exchanges
Address
10220 - 103 Avenue NW, Suite 400, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources. The company provides professional services in all phases of the project life cycle: planning, design, construction administration, commissioning, maintenance, decommissioning, and remediation.
Executives
Steve Marvin Fleck Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer