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Ensign Energy ServicesTSX:ESI +3.23%79 Cyclically Adjusted PS Ratio is 0.39 as of Jul. 20, 2026, which is 34% above its 10-year median of 0.29. GuruFocus rates TSX:ESI with a GF Score™ of 79/100 and a GF Value™ of C$2.39 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 707 Oil & Gas companies, Ensign Energy Services ranks better than 73.69% on this metric.
The historical rank and industry rank for Ensign Energy Services's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSX:ESI'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.29 Max: 0.83
Current: 0.38
During the past years, Ensign Energy Services's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.02. And the median was 0.29.
TSX:ESI's Cyclically Adjusted PS Ratio is ranked better than 73.69% of 707
companies
in the Oil & Gas industry
Industry Median: 1.04
vs TSX:ESI: 0.38
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.
Ensign Energy Services's adjusted revenue per share data for the three months ended in Mar. 2026 was C$2.265. 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 C$9.00 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ensign Energy Services (TSX:ESI) 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.
Ensign Energy Services Cyclically Adjusted PS Ratio Related Terms
Ensign Energy Services Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Ensign 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.
Ensign Energy Services Cyclically Adjusted PS Ratio Chart
TSX:ESI vs NE, RIG, VAL: Cyclically Adjusted PS Ratio Comparison
For the Oil & Gas Drilling subindustry, Ensign 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.
Ensign Energy Services Cyclically Adjusted PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ensign Energy Services's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Ensign Energy Services's Cyclically Adjusted PS Ratio falls into.
Ensign 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.
* 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.
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 0.39 mean?
Ensign Energy Services (TSX:ESI) has a Cyclically Adjusted PS Ratio of 0.39 as of Jul. 20, 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 Ensign Energy Services and its competitors. This is 34% above median its historical median of 0.29. Over the past decade, Ensign Energy Services' Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.83. According to the industry distribution chart, Ensign Energy Services ranks #186 out of 707 companies in the Oil & Gas industry, placing it in the top 26.3%.
Is Ensign Energy Services' Cyclically Adjusted PS Ratio too high?
Ensign Energy Services' current Cyclically Adjusted PS Ratio of 0.39 is 34% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.83. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Ensign Energy Services' value of 0.39 is 62.5% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #186 out of 707 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Cyclically Adjusted PS Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #186 out of 707 companies for Cyclically Adjusted PS Ratio. This puts Ensign Energy Services in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Ensign Energy Services' value of 0.39 is 62.5% below this benchmark. Historically, Ensign Energy Services' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.83 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.04, Ensign 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 1.04, based on 707 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. Ensign Energy Services's current Cyclically Adjusted PS Ratio of 0.39 is 62.5% 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 Ensign Energy Services and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current Cyclically Adjusted PS Ratio is 0.39, which is 34% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.39, compared to a current price of C$3.52 — trading 47.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 34% above median its 10-year median of 0.29 and 62.5% below the Oil & Gas industry median of 1.04. Ensign Energy Services' overall GF Score™ is 79/100 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 Ensign Energy Services (TSX:ESI), the current Cyclically Adjusted PS Ratio is 0.39 as of Jul. 20, 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?
Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued.
The current stock price of C$3.52 is trading 47.3% above its estimated GF Value™ of C$2.39.
GuruFocus considers Ensign Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:ESI:
Cyclically Adjusted PS Ratio: 0.39 (34% above median its 10-year median of 0.29)
GF Value™: C$2.39 vs. price of C$3.52 (47.3% above fair value)
Industry Position: 62.5% below the Oil & Gas median (#186 of 707)
No single metric tells the full story. See the TSX:ESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
79GF Score
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