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Flexible Solutions International (Flexible Solutions International) Cyclically Adjusted PS Ratio : 0.92 (As of Apr. 28, 2024)


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What is Flexible Solutions International Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Flexible Solutions International's current share price is $2.19. Flexible Solutions International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.38. Flexible Solutions International's Cyclically Adjusted PS Ratio for today is 0.92.

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

FSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.39   Max: 3.42
Current: 0.92

During the past years, Flexible Solutions International's highest Cyclically Adjusted PS Ratio was 3.42. The lowest was 0.67. And the median was 1.39.

FSI's Cyclically Adjusted PS Ratio is ranked better than
58.49% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs FSI: 0.92

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.

Flexible Solutions International's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.758. 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 $2.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flexible Solutions International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Flexible Solutions International'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.

Flexible Solutions International Cyclically Adjusted PS Ratio Chart

Flexible Solutions International 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 1.80 1.56 2.14 1.45 0.80

Flexible Solutions International 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 1.45 1.41 1.18 1.17 0.80

Competitive Comparison of Flexible Solutions International's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Flexible Solutions International'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.


Flexible Solutions International's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flexible Solutions International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Flexible Solutions International 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.

Flexible Solutions International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.19/2.38
=0.92

* 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.

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

For example, Flexible Solutions International'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)
=0.758/125.4675*125.4675
=0.758

Current CPI (Dec. 2023) = 125.4675.

Flexible Solutions International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.284 98.604 0.361
201406 0.326 99.473 0.411
201409 0.291 99.394 0.367
201412 0.301 98.367 0.384
201503 0.375 99.789 0.471
201506 0.291 100.500 0.363
201509 0.250 100.421 0.312
201512 0.279 99.947 0.350
201603 0.459 101.054 0.570
201606 0.322 102.002 0.396
201609 0.267 101.765 0.329
201612 0.349 101.449 0.432
201703 0.401 102.634 0.490
201706 0.402 103.029 0.490
201709 0.278 103.345 0.338
201712 0.242 103.345 0.294
201803 0.355 105.004 0.424
201806 0.351 105.557 0.417
201809 0.324 105.636 0.385
201812 0.478 105.399 0.569
201903 0.717 106.979 0.841
201906 0.562 107.690 0.655
201909 0.603 107.611 0.703
201912 0.389 107.769 0.453
202003 0.685 107.927 0.796
202006 0.629 108.401 0.728
202009 0.659 108.164 0.764
202012 0.581 108.559 0.671
202103 0.609 110.298 0.693
202106 0.682 111.720 0.766
202109 0.734 112.905 0.816
202112 0.726 113.774 0.801
202203 0.860 117.646 0.917
202206 0.895 120.806 0.930
202209 0.941 120.648 0.979
202212 0.982 120.964 1.019
202303 0.786 122.702 0.804
202306 0.825 124.203 0.833
202309 0.698 125.230 0.699
202312 0.758 125.468 0.758

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.


Flexible Solutions International  (AMEX:FSI) 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.


Flexible Solutions International Cyclically Adjusted PS Ratio Related Terms

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


Flexible Solutions International (Flexible Solutions International) Business Description

Traded in Other Exchanges
N/A
Address
6001 54 Avenue, Taber, AB, CAN, T1G 1X4
Flexible Solutions International Inc develops, manufactures, and markets specialty chemicals that slow the evaporation of water. Its business is organized into two segments Energy and Water Conservation Products, and Biodegradable Polymers. It primarily offers a liquid swimming pool blanket under the WATERSAVR brand, which saves energy and water by inhibiting evaporation from the pool surface, a chemical product called HEATSAVR, for use in swimming pools and spas to slow the water evaporation. The firm also manufactures and markets water-soluble chemicals utilizing thermal polyaspartate biopolymers. It generates most of its revenues from the export of its products to international markets.
Executives
O Brien Daniel B director, 10 percent owner, officer: President/CEO 2614 QUEENSWOOD DR, VICTORIA B C, V8N 1X6 A1 V6C 3L6
Thomas Murray Fyles director 3478 CARDIFF PLACE, VICTORIA A1 V8P 4Z1
Robert T Helina director P.O. BOX 670, (345) 323-7888, GEORGETOWN E9 KY1-1107
John H Bientjes director 1-230 W 13TH ST, N VANCOUVER B C, V8N 1X5
Eric Glen Hodges director 204 GOVERNMENT STREET, VICTORIA A1 V8V 2K9
Fred J Kupel officer: Chief Financial Officer 3735 SE OGDEN STREET, PORTLAND OR 97202
O Brien Dr Robert N director, 10 percent owner 2614 QUEENSWOOD DR, VICTORIA B C, V8N 1X6
Dale Friend director