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CECO Environmental (CECO Environmental) Cyclically Adjusted Revenue per Share : $12.97 (As of Dec. 2023)


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What is CECO Environmental Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is $12.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CECO Environmental's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of CECO Environmental was 49.80% per year. The lowest was -2.50% per year. And the median was 3.90% per year.

As of today (2024-04-27), CECO Environmental's current stock 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 of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CECO Environmental was 1.95. The lowest was 0.37. And the median was 0.80.


CECO Environmental Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CECO Environmental's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

CECO Environmental Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.55 10.64 11.32 12.26 12.97

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 Revenue per Share 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 12.26 12.53 12.72 12.93 12.97

Competitive Comparison of CECO Environmental's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.


CECO Environmental  (NAS:CECO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CECO Environmental was 1.95. The lowest was 0.37. And the median was 0.80.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


CECO Environmental Cyclically Adjusted Revenue per Share Related Terms

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


CECO Environmental (CECO Environmental) Business Description

Industry
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