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Comfort Systems USA (STU:9CF) Cyclically Adjusted PS Ratio : 3.91 (As of May. 29, 2024)


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What is Comfort Systems USA Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Comfort Systems USA's current share price is €313.00. Comfort Systems USA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €80.02. Comfort Systems USA's Cyclically Adjusted PS Ratio for today is 3.91.

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

STU:9CF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.05   Max: 3.96
Current: 3.89

During the past years, Comfort Systems USA's highest Cyclically Adjusted PS Ratio was 3.96. The lowest was 0.39. And the median was 1.05.

STU:9CF's Cyclically Adjusted PS Ratio is ranked worse than
90.88% of 1283 companies
in the Construction industry
Industry Median: 0.64 vs STU:9CF: 3.89

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.

Comfort Systems USA's adjusted revenue per share data for the three months ended in Mar. 2024 was €39.468. 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 €80.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comfort Systems USA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Comfort Systems USA'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.

Comfort Systems USA Cyclically Adjusted PS Ratio Chart

Comfort Systems USA 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 1.08 1.03 1.66 1.64 2.50

Comfort Systems USA 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 1.98 2.14 2.13 2.50 3.65

Competitive Comparison of Comfort Systems USA's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Comfort Systems USA'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.


Comfort Systems USA's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comfort Systems USA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Comfort Systems USA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=313.00/80.02
=3.91

* 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.

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

For example, Comfort Systems USA'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)
=39.468/131.7762*131.7762
=39.468

Current CPI (Mar. 2024) = 131.7762.

Comfort Systems USA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.049 100.560 9.237
201409 7.574 100.428 9.938
201412 7.722 99.070 10.271
201503 9.080 99.621 12.011
201506 9.789 100.684 12.812
201509 9.625 100.392 12.634
201512 9.287 99.792 12.264
201603 9.161 100.470 12.015
201606 10.037 101.688 13.007
201609 10.101 101.861 13.068
201612 9.864 101.863 12.761
201703 9.433 102.862 12.085
201706 10.986 103.349 14.008
201709 10.722 104.136 13.568
201712 10.352 104.011 13.115
201803 10.021 105.290 12.542
201806 12.179 106.317 15.095
201809 13.527 106.507 16.736
201812 13.804 105.998 17.161
201903 12.799 107.251 15.726
201906 15.461 108.070 18.853
201909 17.324 108.329 21.074
201912 17.497 108.420 21.266
202003 17.169 108.902 20.775
202006 17.971 108.767 21.773
202009 16.497 109.815 19.796
202012 15.715 109.897 18.844
202103 15.414 111.754 18.176
202106 16.204 114.631 18.628
202109 19.455 115.734 22.152
202112 20.871 117.630 23.381
202203 22.211 121.301 24.129
202206 26.695 125.017 28.138
202209 31.447 125.227 33.092
202212 29.336 125.222 30.872
202303 30.554 127.348 31.616
202306 33.326 128.729 34.115
202309 35.952 129.860 36.483
202312 34.725 129.419 35.357
202403 39.468 131.776 39.468

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.


Comfort Systems USA  (STU:9CF) 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.


Comfort Systems USA Cyclically Adjusted PS Ratio Related Terms

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


Comfort Systems USA (STU:9CF) Business Description

Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.

Comfort Systems USA (STU:9CF) Headlines

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