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Canam Group (Canam Group) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Canam Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canam Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canam Group'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.

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Canam Group Cyclically Adjusted PS Ratio Chart

Canam Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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Canam Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Canam Group's Cyclically Adjusted PS Ratio

For the Steel subindustry, Canam Group'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.


Canam Group's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Canam Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Canam Group 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.

Canam Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Canam Group's adjusted Revenue per Share data for the three months ended in Mar. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=7.644/102.6337*102.6337
=7.644

Current CPI (Mar. 2017) = 102.6337.

Canam Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200706 4.162 88.412 4.831
200709 4.686 88.412 5.440
200712 5.082 88.491 5.894
200803 3.337 88.965 3.850
200806 3.717 91.177 4.184
200809 4.174 91.414 4.686
200812 4.016 89.518 4.604
200903 3.138 90.071 3.576
200906 2.959 90.940 3.339
200909 2.949 90.624 3.340
200912 3.131 90.703 3.543
201003 2.193 91.335 2.464
201006 3.818 91.809 4.268
201009 4.416 92.362 4.907
201012 5.330 92.836 5.892
201103 3.398 94.338 3.697
201106 4.929 94.654 5.345
201109 4.961 95.286 5.344
201112 6.249 94.970 6.753
201203 4.828 96.155 5.153
201206 5.249 96.076 5.607
201209 5.509 96.392 5.866
201212 5.727 95.760 6.138
201303 4.865 97.103 5.142
201306 5.802 97.182 6.127
201309 6.550 97.419 6.901
201312 6.292 96.945 6.661
201403 5.121 98.604 5.330
201406 6.158 99.473 6.354
201409 7.106 99.394 7.338
201412 7.901 98.367 8.244
201503 5.822 99.789 5.988
201506 7.150 100.500 7.302
201509 7.745 100.421 7.916
201512 7.776 99.947 7.985
201603 7.171 101.054 7.283
201606 7.192 102.002 7.237
201609 7.927 101.765 7.995
201612 7.970 101.449 8.063
201703 7.644 102.634 7.644

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.


Canam Group  (OTCPK:CNMGF) 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.


Canam Group Cyclically Adjusted PS Ratio Related Terms

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Canam Group (Canam Group) Business Description

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Canam Group Inc is a fabricator of steel components for the construction industry in North America. It provides designing construction solutions and fabricating customized products for the construction of buildings, structural steel, and bridges. It provides services from preconstruction phase to project management, including the erection of structural steel components. The company earns revenue from the sale of steel components for commercial, industrial, institutional and multi-residential, industrial, commercial and institutional and infrastructure projects.

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