GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Acadian Timber Corp (OTCPK:ACAZF) » Definitions » Cyclically Adjusted PS Ratio

Acadian Timber (Acadian Timber) Cyclically Adjusted PS Ratio : 2.74 (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is Acadian Timber Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Acadian Timber's current share price is $12.80. Acadian Timber's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.68. Acadian Timber's Cyclically Adjusted PS Ratio for today is 2.74.

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

ACAZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.29   Max: 4.12
Current: 2.79

During the past years, Acadian Timber's highest Cyclically Adjusted PS Ratio was 4.12. The lowest was 2.28. And the median was 3.29.

ACAZF's Cyclically Adjusted PS Ratio is ranked worse than
90.73% of 248 companies
in the Forest Products industry
Industry Median: 0.585 vs ACAZF: 2.79

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.

Acadian Timber's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.234. 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 $4.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acadian Timber Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acadian Timber'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.

Acadian Timber Cyclically Adjusted PS Ratio Chart

Acadian Timber 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 3.18 3.03 3.40 2.48 2.75

Acadian Timber 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 2.58 2.72 2.77 2.75 2.76

Competitive Comparison of Acadian Timber's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Acadian Timber'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.


Acadian Timber's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

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

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



Acadian Timber 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.

Acadian Timber's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.80/4.68
=2.74

* 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.

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

For example, Acadian Timber'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)
=1.234/126.2576*126.2576
=1.234

Current CPI (Mar. 2024) = 126.2576.

Acadian Timber Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.656 99.473 0.833
201409 1.056 99.394 1.341
201412 1.178 98.367 1.512
201503 1.138 99.789 1.440
201506 0.748 100.500 0.940
201509 1.017 100.421 1.279
201512 0.947 99.947 1.196
201603 0.971 101.054 1.213
201606 0.636 102.002 0.787
201609 0.903 101.765 1.120
201612 1.035 101.449 1.288
201703 1.231 102.634 1.514
201706 0.645 103.029 0.790
201709 1.326 103.345 1.620
201712 1.221 103.345 1.492
201803 1.539 105.004 1.851
201806 0.715 105.557 0.855
201809 1.237 105.636 1.478
201812 1.060 105.399 1.270
201903 1.385 106.979 1.635
201906 0.816 107.690 0.957
201909 1.145 107.611 1.343
201912 1.176 107.769 1.378
202003 1.334 107.927 1.561
202006 0.501 108.401 0.584
202009 1.037 108.164 1.210
202012 1.129 108.559 1.313
202103 1.238 110.298 1.417
202106 0.957 111.720 1.082
202109 1.124 112.905 1.257
202112 1.203 113.774 1.335
202203 1.265 117.646 1.358
202206 0.770 120.806 0.805
202209 1.053 120.648 1.102
202212 1.032 120.964 1.077
202303 0.964 122.702 0.992
202306 0.916 124.203 0.931
202309 1.150 125.230 1.159
202312 1.024 125.072 1.034
202403 1.234 126.258 1.234

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.


Acadian Timber  (OTCPK:ACAZF) 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.


Acadian Timber Cyclically Adjusted PS Ratio Related Terms

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


Acadian Timber (Acadian Timber) Business Description

Traded in Other Exchanges
Address
365 Canada Road, Edmundston, NB, CAN, E3V 1W2
Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.