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Civeo (FRA:44C1) Cyclically Adjusted PS Ratio : 0.41 (As of Jun. 05, 2024)


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What is Civeo Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Civeo's current share price is €21.80. Civeo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €53.35. Civeo's Cyclically Adjusted PS Ratio for today is 0.41.

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

FRA:44C1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.37   Max: 0.52
Current: 0.42

During the past years, Civeo's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.29. And the median was 0.37.

FRA:44C1's Cyclically Adjusted PS Ratio is ranked better than
70.48% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs FRA:44C1: 0.42

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.

Civeo's adjusted revenue per share data for the three months ended in Mar. 2024 was €10.429. 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 €53.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Civeo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Civeo'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.

Civeo Cyclically Adjusted PS Ratio Chart

Civeo 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 - - - 0.46 0.39

Civeo 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 0.31 0.30 0.33 0.39 0.46

Competitive Comparison of Civeo's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Civeo'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.


Civeo's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Civeo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.80/53.35
=0.41

* 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.

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

For example, Civeo'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)
=10.429/131.7762*131.7762
=10.429

Current CPI (Mar. 2024) = 131.7762.

Civeo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.842 100.560 24.691
201409 21.270 100.428 27.909
201412 20.110 99.070 26.749
201503 17.808 99.621 23.556
201506 14.355 100.684 18.788
201509 10.681 100.392 14.020
201512 10.047 99.792 13.267
201603 9.588 100.470 12.576
201606 10.681 101.688 13.841
201609 10.405 101.861 13.461
201612 9.655 101.863 12.490
201703 8.489 102.862 10.875
201706 7.519 103.349 9.587
201709 7.499 104.136 9.489
201712 7.850 104.011 9.946
201803 7.505 105.290 9.393
201806 8.086 106.317 10.022
201809 7.471 106.507 9.244
201812 7.290 105.998 9.063
201903 6.973 107.251 8.568
201906 7.743 108.070 9.442
201909 9.594 108.329 11.671
201912 9.576 108.420 11.639
202003 8.944 108.902 10.823
202006 7.190 108.767 8.711
202009 8.534 109.815 10.241
202012 7.742 109.897 9.283
202103 7.414 111.754 8.742
202106 8.962 114.631 10.302
202109 9.178 115.734 10.450
202112 9.985 117.630 11.186
202203 10.580 121.301 11.494
202206 12.257 125.017 12.920
202209 13.230 125.227 13.922
202212 11.068 125.222 11.647
202303 10.327 127.348 10.686
202306 11.005 128.729 11.266
202309 11.551 129.860 11.721
202312 10.512 129.419 10.703
202403 10.429 131.776 10.429

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.


Civeo  (FRA:44C1) 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.


Civeo Cyclically Adjusted PS Ratio Related Terms

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


Civeo (FRA:44C1) Business Description

Industry
Traded in Other Exchanges
Address
333 Clay Street, Three Allen Center, Suite 4980, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.

Civeo (FRA:44C1) Headlines

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