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Profire Energy (Profire Energy) Cyclically Adjusted PS Ratio : 2.01 (As of Apr. 28, 2024)


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What is Profire Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Profire Energy's current share price is $1.79. Profire Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.89. Profire Energy's Cyclically Adjusted PS Ratio for today is 2.01.

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

PFIE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.39   Max: 9.43
Current: 2

During the past years, Profire Energy's highest Cyclically Adjusted PS Ratio was 9.43. The lowest was 0.97. And the median was 2.39.

PFIE's Cyclically Adjusted PS Ratio is ranked worse than
70.56% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs PFIE: 2.00

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.

Profire Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.296. 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 $0.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Profire Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Profire Energy'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.

Profire Energy Cyclically Adjusted PS Ratio Chart

Profire Energy Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.27 1.44 1.27 2.02

Profire Energy 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 1.27 1.43 1.39 3.11 2.02

Competitive Comparison of Profire Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Profire Energy'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.


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

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

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



Profire Energy 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.

Profire Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.79/0.89
=2.01

* 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.

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

For example, Profire Energy'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)
=0.296/129.4194*129.4194
=0.296

Current CPI (Dec. 2023) = 129.4194.

Profire Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.191 99.695 0.248
201406 0.271 100.560 0.349
201409 0.296 100.428 0.381
201412 0.235 99.070 0.307
201503 0.185 99.621 0.240
201506 0.129 100.684 0.166
201509 0.152 100.392 0.196
201512 0.141 99.792 0.183
201603 0.085 100.470 0.109
201606 0.075 101.688 0.095
201609 0.092 101.861 0.117
201612 0.131 101.863 0.166
201703 0.153 102.862 0.193
201706 0.188 103.349 0.235
201709 0.204 104.136 0.254
201712 0.225 104.011 0.280
201803 0.245 105.290 0.301
201806 0.231 106.317 0.281
201809 0.235 106.507 0.286
201812 0.214 105.998 0.261
201903 0.225 107.251 0.272
201906 0.210 108.070 0.251
201909 0.204 108.329 0.244
201912 0.170 108.420 0.203
202003 0.157 108.902 0.187
202006 0.091 108.767 0.108
202009 0.083 109.815 0.098
202012 0.118 109.897 0.139
202103 0.106 111.754 0.123
202106 0.126 114.631 0.142
202109 0.141 115.734 0.158
202112 0.173 117.630 0.190
202203 0.196 121.301 0.209
202206 0.198 125.017 0.205
202209 0.264 125.227 0.273
202212 0.294 125.222 0.304
202303 0.299 127.348 0.304
202306 0.292 128.729 0.294
202309 0.300 129.860 0.299
202312 0.296 129.419 0.296

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.


Profire Energy  (NAS:PFIE) 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.


Profire Energy Cyclically Adjusted PS Ratio Related Terms

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


Profire Energy (Profire Energy) Business Description

Industry
Traded in Other Exchanges
Address
321 South 1250 West, Suite 1, Lindon, UT, USA, 84042
Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.
Executives
Harold Albert 10 percent owner, officer: Chief Operating Officer BAY 12, 55 ALBERTA AVE, SPRUCE GROVE A0 T7X 3A6
Bell Colleen Larkin director 333 S STATE STREET, SALT LAKE CITY UT 84145-0433
Patrick David Fisher officer: VP of Product Development 321 SOUTH 1250 WEST, LINDON UT 84042
Brenton W Hatch 10 percent owner, officer: Chief Executive Officer BAY 12, 55 ALBERTA AVE, SPRUCE GROVE A0 T7X 3A6
Cameron M. Tidball officer: CBDO 321 SOUTH 1250 WEST SUITE 1, LINDON UT 84042
Jay Grant Fugal officer: VP of Operations 321 SOUTH 1250 WEST, SUITE 1, LINDON UT 84042
Daren Shaw director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Ronald R Spoehel director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Ryan W Oviatt officer: Chief Financial Officer 321 SOUTH 1250 WEST SUITE 1, LINDON UT 84042
Stephen E Pirnat director 4728 EAST 98TH STREET, TULSA OK 74137
Crouch Arlen director 2566 BARCELONA DRIVE, SANDY UT 84093
Andrew Limpert director, 10 percent owner, officer: Interim CEO & CFO 1245 BRICKYARD ROAD, SUITE 590, SALT LAKE CITY UT 84106
Mike Carroll director, 10 percent owner, officer: CEO, CFO & President 408 BREWSTER LANE, SAINT SIMONS ISLAND GA 21522
Joel Arline director 1606 REYNOLDS STREET, BRUNSWICK GA 31520

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