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McCoy Global (McCoy Global) Cyclically Adjusted PS Ratio : 0.77 (As of Jun. 06, 2024)


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What is McCoy Global Cyclically Adjusted PS Ratio?

As of today (2024-06-06), McCoy Global's current share price is $1.37. McCoy Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.79. McCoy Global's Cyclically Adjusted PS Ratio for today is 0.77.

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

MCCRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.39   Max: 1.41
Current: 0.84

During the past years, McCoy Global's highest Cyclically Adjusted PS Ratio was 1.41. The lowest was 0.10. And the median was 0.39.

MCCRF's Cyclically Adjusted PS Ratio is ranked better than
51.66% of 753 companies
in the Oil & Gas industry
Industry Median: 0.89 vs MCCRF: 0.84

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.

McCoy Global's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.501. 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 $1.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


McCoy Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Cyclically Adjusted PS Ratio Chart

McCoy Global 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 0.18 0.15 0.24 0.37 0.86

McCoy Global 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 0.52 0.55 0.69 0.86 0.80

Competitive Comparison of McCoy Global's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


McCoy Global's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



McCoy Global 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.

McCoy Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.37/1.79
=0.77

* 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.

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

For example, McCoy Global'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)
=0.501/126.2576*126.2576
=0.501

Current CPI (Mar. 2024) = 126.2576.

McCoy Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.936 99.473 1.188
201409 1.270 99.394 1.613
201412 0.848 98.367 1.088
201503 0.734 99.789 0.929
201506 0.823 100.500 1.034
201509 0.575 100.421 0.723
201512 0.307 99.947 0.388
201603 0.196 101.054 0.245
201606 0.184 102.002 0.228
201609 0.194 101.765 0.241
201612 0.165 101.449 0.205
201703 0.277 102.634 0.341
201706 0.246 103.029 0.301
201709 0.304 103.345 0.371
201712 0.293 103.345 0.358
201803 0.312 105.004 0.375
201806 0.295 105.557 0.353
201809 0.387 105.636 0.463
201812 0.379 105.399 0.454
201903 0.424 106.979 0.500
201906 0.325 107.690 0.381
201909 0.371 107.611 0.435
201912 0.326 107.769 0.382
202003 0.294 107.927 0.344
202006 0.293 108.401 0.341
202009 0.240 108.164 0.280
202012 0.263 108.559 0.306
202103 0.211 110.298 0.242
202106 0.173 111.720 0.196
202109 0.251 112.905 0.281
202112 0.226 113.774 0.251
202203 0.249 117.646 0.267
202206 0.382 120.806 0.399
202209 0.340 120.648 0.356
202212 0.539 120.964 0.563
202303 0.467 122.702 0.481
202306 0.428 124.203 0.435
202309 0.460 125.230 0.464
202312 0.493 125.072 0.498
202403 0.501 126.258 0.501

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.


McCoy Global  (OTCPK:MCCRF) 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.


McCoy Global Cyclically Adjusted PS Ratio Related Terms

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


McCoy Global (McCoy Global) Business Description

Industry
Traded in Other Exchanges
Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.

McCoy Global (McCoy Global) Headlines

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