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Civeo (CVEO) PS Ratio : 0.53 (As of Apr. 29, 2024)


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What is Civeo PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Civeo's share price is $25.00. Civeo's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $46.77. Hence, Civeo's PS Ratio for today is 0.53.

Warning Sign:

Civeo Corp stock PS Ratio (=0.54) is close to 1-year high of 0.58

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

CVEO' s PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.51   Max: 2.95
Current: 0.53

During the past 12 years, Civeo's highest PS Ratio was 2.95. The lowest was 0.11. And the median was 0.51.

CVEO's PS Ratio is ranked better than
72.02% of 1065 companies
in the Business Services industry
Industry Median: 1.08 vs CVEO: 0.53

Civeo's Revenue per Sharefor the three months ended in Dec. 2023 was $11.46. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $46.77.

Warning Sign:

Civeo Corp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Civeo was -6.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -7.80% per year.

During the past 12 years, Civeo's highest 3-Year average Revenue per Share Growth Rate was 9.50% per year. The lowest was -30.50% per year. And the median was -5.20% per year.

Back to Basics: PS Ratio


Civeo PS Ratio Historical Data

The historical data trend for Civeo's 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 PS Ratio Chart

Civeo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.37 0.46 0.62 0.49

Civeo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.62 0.42 0.41 0.44 0.49

Competitive Comparison of Civeo's PS Ratio

For the Specialty Business Services subindustry, Civeo's PS Ratio, along with its competitors' market caps and 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 PS Ratio Distribution in the Business Services Industry

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

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



Civeo PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Civeo's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=25.00/46.771
=0.53

Civeo's Share Price of today is $25.00.
Civeo's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $46.77.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Civeo  (NYSE:CVEO) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Civeo PS Ratio Related Terms

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


Civeo (CVEO) Business Description

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.
Executives
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Lance Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Martin Lambert director 333 CLAY STREET, STE 4980, HOUSTON TX 77002
Allan Schoening officer: See Remarks 333 CLAY STREET, #4980, HOUSTON TX 77002
Peter Mccann officer: Sr. Vice President, Australia 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Jagdish Grewal director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77065
Michael Montelongo director 203 EAST MAIN STREET, SPARTANBURG SC 29319
Bradley J Dodson director, officer: President, CEO, and Director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Barclay Brewer officer: Vice President and Controller 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Ronald Gilbertson director 333 CLAY STREET, HOUSTON TX 77002
Tammy Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Torgerson Family Trust 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Timothy O Wall director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Frank Steininger officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Mike Ridley officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002

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