SCEYF (Source Energy Services) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 15, 2026) — Near Median

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SCEYF Source Energy Services Ltd SCEYF
65 GF Score
Price $9.90
GF Value $9.36
Valuation Fairly Valued
! 7 Warning Signs
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What is Source Energy Services Cyclically Adjusted PS Ratio?

Source Energy Services SCEYF +0.20% 65 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 15, 2026, which is 4% below its 10-year median of 0.23. GuruFocus rates SCEYF with a GF Scoreâ„¢ of 65/100 and a GF Valueâ„¢ of $9.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 705 Oil & Gas companies, Source Energy Services ranks better than 84.11% on this metric.

As of today (2026-07-15), Source Energy Services's current share price is $9.90. Source Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $44.98. Source Energy Services's Cyclically Adjusted PS Ratio for today is 0.22.

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

SCEYF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.23   Max: 0.29
Current: 0.22

During the past years, Source Energy Services's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.17. And the median was 0.23.

SCEYF's Cyclically Adjusted PS Ratio is ranked better than
84.11% of 705 companies
in the Oil & Gas industry
Industry Median: 1.03 vs SCEYF: 0.22

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.

Source Energy Services's adjusted revenue per share data for the three months ended in Mar. 2026 was $8.928. 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 $44.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Source Energy Services  (OTCPK:SCEYF) 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.


Source Energy Services Cyclically Adjusted PS Ratio Related Terms


Source Energy Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Source Energy Services'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.

Source Energy Services Cyclically Adjusted PS Ratio Chart

Source Energy Services 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 0.00 0.00 0.00 0.00 0.25

Source Energy Services 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 0.00 0.21 0.22 0.25 0.24

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

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


Source Energy Services Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


SCEYF
65GF Score
Source Energy Services Ltd SCEYF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Source Energy Services 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.90/44.98
=0.22

* 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.

Source Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Source Energy Services'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)
=8.928/132.2623*132.2623
=8.928

Current CPI (Mar. 2026) = 132.2623.

Source Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.525 102.002 5.867
201609 4.385 101.765 5.699
201612 8.026 101.449 10.464
201703 34.651 102.634 44.654
201706 13.379 103.029 17.175
201709 15.379 103.345 19.682
201712 12.386 103.345 15.852
201803 15.555 105.004 19.593
201806 19.231 105.557 24.096
201809 18.455 105.636 23.107
201812 7.882 105.399 9.891
201903 15.926 106.979 19.690
201906 11.464 107.690 14.080
201909 12.130 107.611 14.909
201912 9.655 107.769 11.849
202003 13.901 107.927 17.035
202006 2.360 108.401 2.879
202009 11.943 108.164 14.604
202012 9.261 108.559 11.283
202103 4.810 110.298 5.768
202106 4.394 111.720 5.202
202109 5.692 112.905 6.668
202112 3.896 113.774 4.529
202203 5.655 117.646 6.358
202206 6.434 120.806 7.044
202209 6.274 120.648 6.878
202212 4.753 120.964 5.197
202303 8.834 122.702 9.522
202306 7.053 124.203 7.511
202309 6.802 125.230 7.184
202312 7.327 125.072 7.748
202403 9.249 126.258 9.689
202406 9.500 127.522 9.853
202409 9.847 127.285 10.232
202412 7.513 127.364 7.802
202503 10.726 129.181 10.982
202506 10.958 129.892 11.158
202509 6.732 130.287 6.834
202512 9.093 130.366 9.225
202603 8.928 132.262 8.928

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 0.22 mean?
Source Energy Services (SCEYF) has a Cyclically Adjusted PS Ratio of 0.22 as of Jul. 15, 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 Source Energy Services and its competitors. This is near median its historical median of 0.23. Over the past decade, Source Energy Services' Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.29. According to the industry distribution chart, Source Energy Services ranks #112 out of 705 companies in the Oil & Gas industry, placing it in the top 15.9%.
Is Source Energy Services' Cyclically Adjusted PS Ratio too high?
Source Energy Services' current Cyclically Adjusted PS Ratio of 0.22 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.29. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.03. Source Energy Services' value of 0.22 is 78.6% below this industry median. Based on the distribution chart, Source Energy Services ranks #112 out of 705 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Source Energy Services has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Source Energy Services ranks #112 out of 705 companies for Cyclically Adjusted PS Ratio. This places Source Energy Services in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.03. Source Energy Services' value of 0.22 is 78.6% below this benchmark. Historically, Source Energy Services' own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.29 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.03, Source Energy Services has consistently been below 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 705 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. Source Energy Services's current Cyclically Adjusted PS Ratio of 0.22 is 78.6% below 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 Source Energy Services 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. Source Energy Services's current Cyclically Adjusted PS Ratio is 0.22, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Source Energy Services (SCEYF) is currently considered Fairly Valued. The stock's GF Value™ is $9.36, compared to a current price of $9.90 — trading 5.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is near median its 10-year median of 0.23 and 78.6% below the Oil & Gas industry median of 1.03. Source Energy Services' overall GF Score™ is 65/100 with 7 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 Source Energy Services (SCEYF), the current Cyclically Adjusted PS Ratio is 0.22 as of Jul. 15, 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 Source Energy Services (SCEYF) Overvalued in 2026?

Based on GuruFocus' analysis, Source Energy Services stock appears to be overvalued. The current stock price of $9.90 is trading 5.8% above its estimated GF Value™ of $9.36. GuruFocus considers Source Energy Services to be Fairly Valued.

Key valuation signals for SCEYF:

  • Cyclically Adjusted PS Ratio: 0.22 (near median its 10-year median of 0.23)
  • GF Value™: $9.36 vs. price of $9.90 (5.8% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 78.6% below the Oil & Gas median (#112 of 705)

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


Source Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges S4O0:GermanySHLE:Canada
Address 438, 11th Avenue SE, Suite 500, Calgary, AB, CAN, T2G 0Y4
Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.
65GF Score

Get the complete analysis for SCEYF

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

$9.90
Price
$9.36
GF Value