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North American Construction Group (North American Construction Group) Cyclically Adjusted PS Ratio : 1.59 (As of Apr. 27, 2024)


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What is North American Construction Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), North American Construction Group's current share price is $22.07. North American Construction Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.90. North American Construction Group's Cyclically Adjusted PS Ratio for today is 1.59.

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

NOA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.74   Max: 1.91
Current: 1.62

During the past years, North American Construction Group's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.10. And the median was 0.74.

NOA's Cyclically Adjusted PS Ratio is ranked worse than
64.14% of 753 companies
in the Oil & Gas industry
Industry Median: 0.9 vs NOA: 1.62

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.

North American Construction Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.351. 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 $13.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


North American Construction Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for North American Construction 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.

* Premium members only.

North American Construction Group Cyclically Adjusted PS Ratio Chart

North American Construction Group 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 1.03 0.89 1.32 1.13 1.50

North American Construction Group 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 1.13 1.32 1.45 1.65 1.50

Competitive Comparison of North American Construction Group's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, North American Construction 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.


North American Construction Group's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



North American Construction 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.

North American Construction Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.07/13.9
=1.59

* 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.

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

For example, North American Construction Group'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)
=7.351/125.4675*125.4675
=7.351

Current CPI (Dec. 2023) = 125.4675.

North American Construction Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.786 98.604 3.545
201406 3.082 99.473 3.887
201409 3.404 99.394 4.297
201412 2.799 98.367 3.570
201503 1.953 99.789 2.456
201506 1.583 100.500 1.976
201509 1.555 100.421 1.943
201512 1.474 99.947 1.850
201603 1.788 101.054 2.220
201606 0.622 102.002 0.765
201609 1.252 101.765 1.544
201612 1.631 101.449 2.017
201703 2.196 102.634 2.685
201706 1.315 103.029 1.601
201709 2.183 103.345 2.650
201712 2.270 103.345 2.756
201803 2.781 105.004 3.323
201806 2.188 105.557 2.601
201809 2.377 105.636 2.823
201812 3.115 105.399 3.708
201903 4.443 106.979 5.211
201906 3.998 107.690 4.658
201909 3.769 107.611 4.394
201912 4.313 107.769 5.021
202003 4.281 107.927 4.977
202006 1.576 108.401 1.824
202009 2.277 108.164 2.641
202012 3.200 108.559 3.698
202103 4.127 110.298 4.695
202106 3.799 111.720 4.266
202109 3.721 112.905 4.135
202112 4.022 113.774 4.435
202203 3.976 117.646 4.240
202206 4.442 120.806 4.613
202209 4.302 120.648 4.474
202212 5.218 120.964 5.412
202303 5.382 122.702 5.503
202306 4.414 124.203 4.459
202309 4.360 125.230 4.368
202312 7.351 125.468 7.351

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.


North American Construction Group  (NYSE:NOA) 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.


North American Construction Group Cyclically Adjusted PS Ratio Related Terms

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


North American Construction Group (North American Construction Group) Business Description

Traded in Other Exchanges
Address
27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8
North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies.
Executives
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6

North American Construction Group (North American Construction Group) Headlines