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Bird Construction (Bird Construction) Cyclically Adjusted PS Ratio : 0.42 (As of Apr. 28, 2024)


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What is Bird Construction Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Bird Construction's current share price is $13.996. Bird Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.07. Bird Construction's Cyclically Adjusted PS Ratio for today is 0.42.

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

BIRDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.25   Max: 0.5
Current: 0.45

During the past years, Bird Construction's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.12. And the median was 0.25.

BIRDF's Cyclically Adjusted PS Ratio is ranked better than
62.32% of 1242 companies
in the Construction industry
Industry Median: 0.63 vs BIRDF: 0.45

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.

Bird Construction's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.979. 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 $33.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bird Construction Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bird Construction'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.

Bird Construction Cyclically Adjusted PS Ratio Chart

Bird Construction 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 0.21 0.23 0.26 0.20 0.34

Bird Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.20 0.22 0.20 0.24 0.34

Competitive Comparison of Bird Construction's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Bird Construction'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.


Bird Construction's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Bird Construction 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.

Bird Construction's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.996/33.07
=0.42

* 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.

Bird Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bird Construction's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.979/125.4675*125.4675
=10.979

Current CPI (Dec. 2023) = 125.4675.

Bird Construction Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.816 98.604 7.400
201406 7.141 99.473 9.007
201409 7.912 99.394 9.987
201412 7.966 98.367 10.161
201503 5.707 99.789 7.176
201506 6.378 100.500 7.962
201509 6.912 100.421 8.636
201512 7.091 99.947 8.902
201603 6.016 101.054 7.469
201606 7.537 102.002 9.271
201609 7.315 101.765 9.019
201612 7.595 101.449 9.393
201703 5.514 102.634 6.741
201706 6.198 103.029 7.548
201709 7.447 103.345 9.041
201712 6.733 103.345 8.174
201803 5.354 105.004 6.397
201806 5.737 105.557 6.819
201809 6.882 105.636 8.174
201812 6.754 105.399 8.040
201903 4.605 106.979 5.401
201906 5.583 107.690 6.505
201909 6.725 107.611 7.841
201912 7.512 107.769 8.746
202003 5.419 107.927 6.300
202006 4.908 108.401 5.681
202009 6.037 108.164 7.003
202012 8.160 108.559 9.431
202103 6.670 110.298 7.587
202106 8.584 111.720 9.640
202109 9.206 112.905 10.230
202112 8.697 113.774 9.591
202203 6.995 117.646 7.460
202206 8.388 120.806 8.712
202209 9.329 120.648 9.702
202212 8.897 120.964 9.228
202303 7.295 122.702 7.459
202306 9.608 124.203 9.706
202309 10.773 125.230 10.793
202312 10.979 125.468 10.979

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.


Bird Construction  (OTCPK:BIRDF) 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.


Bird Construction Cyclically Adjusted PS Ratio Related Terms

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


Bird Construction (Bird Construction) Business Description

Traded in Other Exchanges
Address
5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Bird Construction Inc is a construction company operating from coast-to-coast and servicing all of Canada's major markets. The group provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets, to industrial maintenance, repair and operations services, heavy civil construction, and mine support services. It also provides vertical infrastructure including, electrical, mechanical, and specialty trades. In addition to its commitment to safety, Bird provides services that offer long-term value to its stakeholders.