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Conifex Timber (Conifex Timber) Cyclically Adjusted PS Ratio : 0.04 (As of Jun. 19, 2024)


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What is Conifex Timber Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Conifex Timber's current share price is $0.40. Conifex Timber's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.52. Conifex Timber's Cyclically Adjusted PS Ratio for today is 0.04.

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

CFXTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.21
Current: 0.03

During the past years, Conifex Timber's highest Cyclically Adjusted PS Ratio was 0.21. The lowest was 0.01. And the median was 0.08.

CFXTF's Cyclically Adjusted PS Ratio is ranked better than
97.2% of 250 companies
in the Forest Products industry
Industry Median: 0.58 vs CFXTF: 0.03

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.

Conifex Timber's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.729. 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 $9.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Conifex Timber Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Conifex Timber'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.

Conifex Timber Cyclically Adjusted PS Ratio Chart

Conifex Timber 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 0.01 0.11 0.16 0.12 0.05

Conifex Timber Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.11 0.09 0.07 0.05 0.05

Competitive Comparison of Conifex Timber's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Conifex Timber'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.


Conifex Timber's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Conifex Timber's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Conifex Timber 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.

Conifex Timber's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.40/9.52
=0.04

* 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.

Conifex Timber's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Conifex Timber's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.729/126.2576*126.2576
=0.729

Current CPI (Mar. 2024) = 126.2576.

Conifex Timber Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.609 99.473 5.850
201409 3.848 99.394 4.888
201412 4.210 98.367 5.404
201503 3.365 99.789 4.258
201506 3.147 100.500 3.954
201509 3.020 100.421 3.797
201512 3.469 99.947 4.382
201603 3.275 101.054 4.092
201606 3.515 102.002 4.351
201609 3.940 101.765 4.888
201612 3.606 101.449 4.488
201703 3.180 102.634 3.912
201706 3.305 103.029 4.050
201709 3.660 103.345 4.471
201712 3.859 103.345 4.715
201803 2.839 105.004 3.414
201806 4.033 105.557 4.824
201809 2.529 105.636 3.023
201812 -0.160 105.399 -0.192
201903 1.051 106.979 1.240
201906 0.631 107.690 0.740
201909 0.364 107.611 0.427
201912 0.456 107.769 0.534
202003 0.480 107.927 0.562
202006 0.158 108.401 0.184
202009 0.566 108.164 0.661
202012 0.784 108.559 0.912
202103 0.830 110.298 0.950
202106 1.694 111.720 1.914
202109 0.882 112.905 0.986
202112 1.073 113.774 1.191
202203 1.389 117.646 1.491
202206 1.677 120.806 1.753
202209 0.759 120.648 0.794
202212 0.502 120.964 0.524
202303 0.725 122.702 0.746
202306 0.512 124.203 0.520
202309 0.712 125.230 0.718
202312 0.633 125.072 0.639
202403 0.729 126.258 0.729

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.


Conifex Timber  (OTCPK:CFXTF) 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.


Conifex Timber Cyclically Adjusted PS Ratio Related Terms

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


Conifex Timber (Conifex Timber) Business Description

Traded in Other Exchanges
Address
980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6
Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Conifex Timber (Conifex Timber) Headlines

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