PSYTF (Pason Systems) Cyclically Adjusted PS Ratio: 3.09 (As of Jul. 17, 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PSYTF Pason Systems Inc PSYTF
97 GF Score
Price $9.06
GF Value $10.30
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Pason Systems Cyclically Adjusted PS Ratio?

Pason Systems PSYTF +0.22% 97 Cyclically Adjusted PS Ratio is 3.09 as of Jul. 17, 2026, which is 13% below its 10-year median of 3.56. GuruFocus rates PSYTF with a GF Score™ of 97/100 and a GF Value™ of $10.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 706 Oil & Gas companies, Pason Systems ranks worse than 80.03% on this metric.

As of today (2026-07-17), Pason Systems's current share price is $9.06. Pason Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.93. Pason Systems's Cyclically Adjusted PS Ratio for today is 3.09.

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

PSYTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3.56   Max: 5.69
Current: 3.12

During the past years, Pason Systems's highest Cyclically Adjusted PS Ratio was 5.69. The lowest was 1.28. And the median was 3.56.

PSYTF's Cyclically Adjusted PS Ratio is ranked worse than
80.03% of 706 companies
in the Oil & Gas industry
Industry Median: 1.025 vs PSYTF: 3.12

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.

Pason Systems's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.960. 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 $2.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pason Systems  (OTCPK:PSYTF) 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.


Pason Systems Cyclically Adjusted PS Ratio Related Terms


Pason Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pason Systems'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.

Pason Systems Cyclically Adjusted PS Ratio Chart

Pason Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 3.99 4.08 3.59 3.02

Pason Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.43 3.16 3.08 3.02 3.24

PSYTF vs SLB, BKR, HAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Pason Systems'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.


Pason Systems Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


PSYTF
97GF Score
Pason Systems Inc PSYTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pason Systems 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.

Pason Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.06/2.93
=3.09

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pason Systems's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.96/132.2623*132.2623
=0.960

Current CPI (Mar. 2026) = 132.2623.

Pason Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.250 102.002 0.324
201609 0.350 101.765 0.455
201612 0.431 101.449 0.562
201703 0.520 102.634 0.670
201706 0.493 103.029 0.633
201709 0.619 103.345 0.792
201712 0.602 103.345 0.770
201803 0.669 105.004 0.843
201806 0.607 105.557 0.761
201809 0.734 105.636 0.919
201812 0.710 105.399 0.891
201903 0.713 106.979 0.882
201906 0.638 107.690 0.784
201909 0.638 107.611 0.784
201912 0.610 107.769 0.749
202003 0.628 107.927 0.770
202006 0.236 108.401 0.288
202009 0.208 108.164 0.254
202012 0.307 108.559 0.374
202103 0.407 110.298 0.488
202106 0.429 111.720 0.508
202109 0.550 112.905 0.644
202112 0.595 113.774 0.692
202203 0.713 117.646 0.802
202206 0.693 120.806 0.759
202209 0.839 120.648 0.920
202212 0.847 120.964 0.926
202303 0.879 122.702 0.947
202306 0.790 124.203 0.841
202309 0.857 125.230 0.905
202312 0.860 125.072 0.909
202403 0.970 126.258 1.016
202406 0.870 127.522 0.902
202409 0.981 127.285 1.019
202412 0.950 127.364 0.987
202503 0.992 129.181 1.016
202506 0.896 129.892 0.912
202509 0.934 130.287 0.948
202512 1.011 130.366 1.026
202603 0.960 132.262 0.960

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.

What does a Cyclically Adjusted PS Ratio of 3.09 mean?
Pason Systems (PSYTF) has a Cyclically Adjusted PS Ratio of 3.09 as of Jul. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pason Systems and its competitors. This is 13% below median its historical median of 3.56. Over the past decade, Pason Systems' Cyclically Adjusted PS Ratio has ranged from 1.28 to 5.69. According to the industry distribution chart, Pason Systems ranks #565 out of 706 companies in the Oil & Gas industry, placing it in the top 80%.
Is Pason Systems' Cyclically Adjusted PS Ratio too high?
Pason Systems' current Cyclically Adjusted PS Ratio of 3.09 is 13% below median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 5.69. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.03. Pason Systems' value of 3.09 is 201.5% above this industry median. Based on the distribution chart, Pason Systems ranks #565 out of 706 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pason Systems has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pason Systems' Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Pason Systems ranks #565 out of 706 companies for Cyclically Adjusted PS Ratio. This places Pason Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Pason Systems' value of 3.09 is 201.5% above this benchmark. Historically, Pason Systems' own Cyclically Adjusted PS Ratio has ranged from 1.28 to 5.69 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 1.03, Pason Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.03, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pason Systems's current Cyclically Adjusted PS Ratio of 3.09 is 201.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pason Systems and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pason Systems's current Cyclically Adjusted PS Ratio is 3.09, which is 13% below median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pason Systems stock overvalued right now?
Based on GuruFocus' analysis, Pason Systems (PSYTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.30, compared to a current price of $9.06 — trading 12% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.09, which is 13% below median its 10-year median of 3.56 and 201.5% above the Oil & Gas industry median of 1.03. Pason Systems' overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Pason Systems (PSYTF), the current Cyclically Adjusted PS Ratio is 3.09 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pason Systems (PSYTF) Overvalued in 2026?

Based on GuruFocus' analysis, Pason Systems stock appears to be undervalued. The current stock price of $9.06 is trading 12% below its estimated GF Value™ of $10.30. GuruFocus considers Pason Systems to be Modestly Undervalued.

Key valuation signals for PSYTF:

  • Cyclically Adjusted PS Ratio: 3.09 (13% below median its 10-year median of 3.56)
  • GF Value™: $10.30 vs. price of $9.06 (12% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 201.5% above the Oil & Gas median (#565 of 706)

No single metric tells the full story. See the PSYTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pason Systems Business Description

Industry EnergyOil & Gas
Other Exchanges 3PS:GermanyPSI:Canada
Address 6130 3rd Street SE, 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 four strategic business units: The North American Drilling (Canada and the United States) and International Drilling (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) and completions 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.
97GF Score

Get the complete analysis for PSYTF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.06
Price
$10.30
GF Value