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FLINT (TSX:FLNT) Cyclically Adjusted PS Ratio : 0.01 (As of May. 23, 2024)


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What is FLINT Cyclically Adjusted PS Ratio?

As of today (2024-05-23), FLINT's current share price is C$0.03. FLINT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$4.85. FLINT's Cyclically Adjusted PS Ratio for today is 0.01.

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

TSX:FLNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.03
Current: 0.01

During the past years, FLINT's highest Cyclically Adjusted PS Ratio was 0.03. The lowest was 0.01. And the median was 0.01.

TSX:FLNT's Cyclically Adjusted PS Ratio is ranked better than
99.87% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TSX:FLNT: 0.01

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.

FLINT's adjusted revenue per share data for the three months ended in Mar. 2024 was C$1.459. 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 C$4.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FLINT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FLINT'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.

FLINT Cyclically Adjusted PS Ratio Chart

FLINT 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 0.01 0.01 0.01 0.01 0.01

FLINT 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of FLINT's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, FLINT'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.


FLINT's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, FLINT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FLINT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.03/4.85
=0.01

* 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.

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

For example, FLINT'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)
=1.459/126.2576*126.2576
=1.459

Current CPI (Mar. 2024) = 126.2576.

FLINT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.784 99.473 2.264
201409 1.895 99.394 2.407
201412 0.380 98.367 0.488
201503 0.837 99.789 1.059
201506 1.078 100.500 1.354
201509 1.061 100.421 1.334
201512 0.809 99.947 1.022
201603 0.624 101.054 0.780
201606 0.558 102.002 0.691
201609 0.616 101.765 0.764
201612 0.663 101.449 0.825
201703 0.707 102.634 0.870
201706 1.015 103.029 1.244
201709 0.782 103.345 0.955
201712 0.746 103.345 0.911
201803 0.771 105.004 0.927
201806 1.180 105.557 1.411
201809 0.790 105.636 0.944
201812 0.678 105.399 0.812
201903 0.764 106.979 0.902
201906 0.917 107.690 1.075
201909 1.269 107.611 1.489
201912 1.515 107.769 1.775
202003 1.220 107.927 1.427
202006 0.624 108.401 0.727
202009 0.922 108.164 1.076
202012 0.769 108.559 0.894
202103 0.760 110.298 0.870
202106 0.878 111.720 0.992
202109 0.975 112.905 1.090
202112 1.123 113.774 1.246
202203 0.986 117.646 1.058
202206 1.775 120.806 1.855
202209 1.467 120.648 1.535
202212 1.310 120.964 1.367
202303 1.358 122.702 1.397
202306 1.532 124.203 1.557
202309 2.014 125.230 2.031
202312 1.574 125.072 1.589
202403 1.459 126.258 1.459

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.


FLINT  (TSX:FLNT) 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.


FLINT Cyclically Adjusted PS Ratio Related Terms

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


FLINT (TSX:FLNT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FLINT Corp. (TSX:FLNT) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
205 - 5th Avenue S.W., Suite 3500, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7
FLINT Corp. is a fully-integrated provider of services and products to industrial markets including Energy, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment. The service provided by the company focuses on maintenance and turnarounds, project construction, fabrication, environmental services and asset integrity products with locations across Western Canada servicing end users across North America. The company's segments include The Maintenance and Construction Services segment; and the Wear Technology Overlay Services and Corporate segment.
Executives
Katrisha Gibson Director