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Secure Energy Services (TSX:SES) Cyclically Adjusted Revenue per Share : C$19.89 (As of Mar. 2024)


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What is Secure Energy Services 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.

Secure Energy Services's adjusted revenue per share for the three months ended in Mar. 2024 was C$9.945. 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 C$19.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Secure Energy Services's average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Secure Energy Services was 12.80% per year. The lowest was 11.30% per year. And the median was 11.50% per year.

As of today (2024-05-24), Secure Energy Services's current stock price is C$11.24. Secure Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$19.89. Secure Energy Services's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Secure Energy Services was 0.82. The lowest was 0.07. And the median was 0.37.


Secure Energy Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Secure Energy Services'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.

Secure Energy Services Cyclically Adjusted Revenue per Share Chart

Secure Energy Services 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 12.80 13.90 15.40 17.64 19.27

Secure Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.13 18.55 18.94 19.27 19.89

Competitive Comparison of Secure Energy Services's Cyclically Adjusted Revenue per Share

For the Waste Management subindustry, Secure Energy Services'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.


Secure Energy Services's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Energy Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Secure Energy Services 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, Secure Energy Services'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)
=9.945/126.2576*126.2576
=9.945

Current CPI (Mar. 2024) = 126.2576.

Secure Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.665 99.473 5.921
201409 4.844 99.394 6.153
201412 4.681 98.367 6.008
201503 2.988 99.789 3.781
201506 2.618 100.500 3.289
201509 2.434 100.421 3.060
201512 2.108 99.947 2.663
201603 1.494 101.054 1.867
201606 1.695 102.002 2.098
201609 2.517 101.765 3.123
201612 3.308 101.449 4.117
201703 2.715 102.634 3.340
201706 3.590 103.029 4.399
201709 3.762 103.345 4.596
201712 4.161 103.345 5.084
201803 4.248 105.004 5.108
201806 4.376 105.557 5.234
201809 5.027 105.636 6.008
201812 4.156 105.399 4.978
201903 4.826 106.979 5.696
201906 4.919 107.690 5.767
201909 4.599 107.611 5.396
201912 4.472 107.769 5.239
202003 3.820 107.927 4.469
202006 1.837 108.401 2.140
202009 2.850 108.164 3.327
202012 2.994 108.559 3.482
202103 4.143 110.298 4.742
202106 3.193 111.720 3.608
202109 4.088 112.905 4.571
202112 4.338 113.774 4.814
202203 5.608 117.646 6.019
202206 6.637 120.806 6.937
202209 6.860 120.648 7.179
202212 6.444 120.964 6.726
202303 6.151 122.702 6.329
202306 5.972 124.203 6.071
202309 7.510 125.230 7.572
202312 7.982 125.072 8.058
202403 9.945 126.258 9.945

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Secure Energy Services  (TSX:SES) 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.

Secure Energy Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.24/19.89
=0.57

* 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 Secure Energy Services was 0.82. The lowest was 0.07. And the median was 0.37.


Be Aware

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


Secure Energy Services Cyclically Adjusted Revenue per Share Related Terms

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


Secure Energy Services (TSX:SES) Business Description

Industry
Traded in Other Exchanges
Address
2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2
Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.
Executives
James Darryl Anderson Senior Officer