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Pason Systems (TSX:PSI) Cyclically Adjusted Price-to-FCF : 14.47 (As of Jun. 04, 2025)


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What is Pason Systems Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), Pason Systems's current share price is C$12.30. Pason Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was C$0.85. Pason Systems's Cyclically Adjusted Price-to-FCF for today is 14.47.

The historical rank and industry rank for Pason Systems's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:PSI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.6   Med: 19.17   Max: 35.73
Current: 14.74

During the past years, Pason Systems's highest Cyclically Adjusted Price-to-FCF was 35.73. The lowest was 6.60. And the median was 19.17.

TSX:PSI's Cyclically Adjusted Price-to-FCF is ranked worse than
54.59% of 403 companies
in the Oil & Gas industry
Industry Median: 12.93 vs TSX:PSI: 14.74

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Pason Systems's adjusted free cash flow per share data for the three months ended in Mar. 2025 was C$0.286. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.85 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pason Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pason Systems's Cyclically Adjusted Price-to-FCF 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.

Pason Systems Cyclically Adjusted Price-to-FCF Chart

Pason Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.20 14.32 20.10 17.07 15.34

Pason Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 17.44 21.49 15.53 15.34 15.40

Competitive Comparison of Pason Systems's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Pason Systems's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Pason Systems's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pason Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pason Systems's Cyclically Adjusted Price-to-FCF falls into.


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Pason Systems Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Pason Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.30/0.85
=14.47

* 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.

Pason Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Pason Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.286/129.1809*129.1809
=0.286

Current CPI (Mar. 2025) = 129.1809.

Pason Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.255 100.500 0.328
201509 0.066 100.421 0.085
201512 0.052 99.947 0.067
201603 0.057 101.054 0.073
201606 0.033 102.002 0.042
201609 0.039 101.765 0.050
201612 0.008 101.449 0.010
201703 0.338 102.634 0.425
201706 0.225 103.029 0.282
201709 0.115 103.345 0.144
201712 0.087 103.345 0.109
201803 0.217 105.004 0.267
201806 0.266 105.557 0.326
201809 0.313 105.636 0.383
201812 0.174 105.399 0.213
201903 -0.022 106.979 -0.027
201906 0.391 107.690 0.469
201909 0.391 107.611 0.469
201912 0.225 107.769 0.270
202003 0.267 107.927 0.320
202006 0.340 108.401 0.405
202009 0.059 108.164 0.070
202012 -0.038 108.559 -0.045
202103 0.111 110.298 0.130
202106 0.067 111.720 0.077
202109 0.186 112.905 0.213
202112 0.287 113.774 0.326
202203 0.286 117.646 0.314
202206 0.228 120.806 0.244
202209 0.288 120.648 0.308
202212 0.043 120.964 0.046
202303 0.424 122.702 0.446
202306 0.213 124.203 0.222
202309 0.310 125.230 0.320
202312 0.216 125.072 0.223
202403 0.137 126.258 0.140
202406 0.095 127.522 0.096
202409 0.190 127.285 0.193
202412 0.218 127.364 0.221
202503 0.286 129.181 0.286

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Pason Systems  (TSX:PSI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Pason Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Pason Systems's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Pason Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (TSX:PSI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
6130 Third Street South East, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
Executives
Lars Olesen Senior Officer
Ryan Van Beurden Senior Officer
James Lee Bowzer Director
Kevin Boston Senior Officer
Russell Smith Senior Officer
Bryce Mclean Senior Officer
Jonathan Faber Senior Officer
Natalie Fenez Senior Officer
Marcel Kessler Director
Celine Boston Senior Officer
Kenneth Brandon Mullen Director
James Douglas Hill 10% Security Holder, Director, Senior Officer
Timur Kuru Senior Officer

Pason Systems Headlines