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TerraVest Industries (TSX:TVK) Cyclically Adjusted PS Ratio : 3.53 (As of Jun. 08, 2024)


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What is TerraVest Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-08), TerraVest Industries's current share price is C$74.72. TerraVest Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$21.14. TerraVest Industries's Cyclically Adjusted PS Ratio for today is 3.53.

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

TSX:TVK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.55   Max: 3.76
Current: 3.51

During the past years, TerraVest Industries's highest Cyclically Adjusted PS Ratio was 3.76. The lowest was 0.66. And the median was 1.55.

TSX:TVK's Cyclically Adjusted PS Ratio is ranked worse than
85.6% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TSX:TVK: 3.51

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.

TerraVest Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was C$11.469. 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$21.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TerraVest Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Cyclically Adjusted PS Ratio Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.53 2.06 1.59 1.99

TerraVest Industries 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 1.60 1.60 1.99 2.20 2.84

Competitive Comparison of TerraVest Industries's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


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

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

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



TerraVest Industries 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.

TerraVest Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.72/21.14
=3.53

* 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.

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

For example, TerraVest Industries'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)
=11.469/126.2576*126.2576
=11.469

Current CPI (Mar. 2024) = 126.2576.

TerraVest Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.946 99.473 2.470
201409 2.836 99.394 3.602
201412 2.927 98.367 3.757
201503 2.292 99.789 2.900
201506 2.192 100.500 2.754
201509 3.003 100.421 3.776
201512 2.636 99.947 3.330
201603 2.376 101.054 2.969
201606 1.967 102.002 2.435
201609 2.361 101.765 2.929
201612 2.283 101.449 2.841
201703 2.519 102.634 3.099
201706 2.457 103.029 3.011
201709 1.756 103.345 2.145
201712 2.954 103.345 3.609
201803 3.390 105.004 4.076
201806 3.234 105.557 3.868
201809 4.027 105.636 4.813
201812 4.119 105.399 4.934
201903 3.996 106.979 4.716
201906 3.699 107.690 4.337
201909 4.213 107.611 4.943
201912 4.619 107.769 5.411
202003 4.552 107.927 5.325
202006 3.212 108.401 3.741
202009 3.608 108.164 4.212
202012 4.392 108.559 5.108
202103 4.075 110.298 4.665
202106 3.741 111.720 4.228
202109 4.553 112.905 5.091
202112 7.297 113.774 8.098
202203 7.594 117.646 8.150
202206 8.007 120.806 8.368
202209 8.974 120.648 9.391
202212 9.804 120.964 10.233
202303 9.778 122.702 10.061
202306 8.316 124.203 8.454
202309 9.524 125.230 9.602
202312 12.380 125.072 12.497
202403 11.469 126.258 11.469

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.


TerraVest Industries  (TSX:TVK) 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.


TerraVest Industries Cyclically Adjusted PS Ratio Related Terms

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


TerraVest Industries (TSX:TVK) Business Description

Industry
Traded in Other Exchanges
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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