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CECO Environmental (CECO Environmental) Cyclically Adjusted PS Ratio : 1.95 (As of Apr. 27, 2024)


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What is CECO Environmental Cyclically Adjusted PS Ratio?

As of today (2024-04-27), CECO Environmental's current share price is $25.32. CECO Environmental's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.97. CECO Environmental's Cyclically Adjusted PS Ratio for today is 1.95.

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

CECO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.8   Max: 1.95
Current: 1.95

During the past years, CECO Environmental's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.37. And the median was 0.80.

CECO's Cyclically Adjusted PS Ratio is ranked worse than
61.06% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs CECO: 1.95

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.

CECO Environmental's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.307. 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 $12.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CECO Environmental Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CECO Environmental'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.

CECO Environmental Cyclically Adjusted PS Ratio Chart

CECO Environmental 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 0.73 0.65 0.55 0.95 1.56

CECO Environmental Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.95 1.12 1.05 1.24 1.56

Competitive Comparison of CECO Environmental's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, CECO Environmental'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.


CECO Environmental's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CECO Environmental's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CECO Environmental 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.

CECO Environmental's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.32/12.97
=1.95

* 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.

CECO Environmental's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CECO Environmental's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.307/129.4194*129.4194
=4.307

Current CPI (Dec. 2023) = 129.4194.

CECO Environmental Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.189 99.695 2.842
201406 2.553 100.560 3.286
201409 2.423 100.428 3.122
201412 2.875 99.070 3.756
201503 3.038 99.621 3.947
201506 3.266 100.684 4.198
201509 3.432 100.392 4.424
201512 2.981 99.792 3.866
201603 3.024 100.470 3.895
201606 3.286 101.688 4.182
201609 2.957 101.861 3.757
201612 2.935 101.863 3.729
201703 2.681 102.862 3.373
201706 2.697 103.349 3.377
201709 2.455 104.136 3.051
201712 2.127 104.011 2.647
201803 2.140 105.290 2.630
201806 2.339 106.317 2.847
201809 2.538 106.507 3.084
201812 2.696 105.998 3.292
201903 2.432 107.251 2.935
201906 2.281 108.070 2.732
201909 2.393 108.329 2.859
201912 2.528 108.420 3.018
202003 2.274 108.902 2.702
202006 2.123 108.767 2.526
202009 2.190 109.815 2.581
202012 2.325 109.897 2.738
202103 2.010 111.754 2.328
202106 2.197 114.631 2.480
202109 2.255 115.734 2.522
202112 2.660 117.630 2.927
202203 2.626 121.301 2.802
202206 3.007 125.017 3.113
202209 3.109 125.227 3.213
202212 3.334 125.222 3.446
202303 3.198 127.348 3.250
202306 3.676 128.729 3.696
202309 4.232 129.860 4.218
202312 4.307 129.419 4.307

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.


CECO Environmental  (NAS:CECO) 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.


CECO Environmental Cyclically Adjusted PS Ratio Related Terms

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


CECO Environmental (CECO Environmental) Business Description

Traded in Other Exchanges
Address
14651 North Dallas Parkway, Suite 500, Dallas, TX, USA, 75254
CECO Environmental Corp serves the energy, industrial, and other niche markets. The company operates through the Engineered Systems segment that serves the power generation, refinery, water/wastewater, and midstream oil and gas markets, and Industrial Process Solutions segment, which serves the broad industrial air pollution control, beverage can, fluid handling, electric vehicle production, food and beverage, semi-conductor, process filtration, pharmaceutical, petrochemical, wastewater treatment, wood manufacturing, desalination, and aquaculture markets. The majority of revenue is earned from the Engineered Systems Segment.
Executives
Todd R Gleason director, officer: Chief Executive Officer 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Richard F Wallman director HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Kiril Kovachev officer: Chief Accounting Officer 14651 NORTH DALLAS PARKWAY, SUITE 500, DALLAS TX 75254
Paul M Gohr officer: Chief Accounting Officer 4625 RED BANK ROAD, SUITE 200, CINCINNATI OH 45227
David B Liner director 6901 PROFESSIONAL PARKWAY E, STE 200, SARASOTA FL 34240
Ramesh Nuggihalli officer: Chief Operating Officer 14651 NORTH DALLAS PARKWAY, SUITE 500, DALLAS TX 75254
Peter K. Johansson officer: See Remarks 14651 DALLAS PARKWAY, SUITE 500, DALLAS TX 75254
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304
Joycelynn Watkins-asiyanbi officer: General Counsel and Secretary 14651 DALLAS PARKWAY, SUITE 500, DALLAS TX 75254
Chasity Henry officer: See Remarks 14651 NORTH DALLAS PARKWAY, SUITE 500, DALLAS TX 75254
Jonathan Pollack director 2300 YONGE STREET, SUITE 1710, TORONTO A6 M4P 1E4
Matthew Eckl officer: Chief Financial Officer 4625 RED BANK ROAD, SUITE 299, CINCINNATI OH 45227
Jason Dezwirek director, 10 percent owner 2300 YONGE STREET, SUITE 1710, TORONTO A6 M4P 1E4
Dennis Sadlowski director 4625 RED BANK ROAD, SUITE 200, CINCINNATI OH 45227