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Western Energy Services (TSX:WRG) Cyclically Adjusted PS Ratio : 0.10 (As of May. 22, 2025)


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What is Western Energy Services Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Western Energy Services's current share price is C$2.18. Western Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was C$20.78. Western Energy Services's Cyclically Adjusted PS Ratio for today is 0.10.

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

TSX:WRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.69
Current: 0.1

During the past years, Western Energy Services's highest Cyclically Adjusted PS Ratio was 0.69. The lowest was 0.05. And the median was 0.10.

TSX:WRG's Cyclically Adjusted PS Ratio is ranked better than
89.17% of 711 companies
in the Oil & Gas industry
Industry Median: 0.83 vs TSX:WRG: 0.10

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.

Western Energy Services's adjusted revenue per share data for the three months ended in Mar. 2025 was C$2.039. 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$20.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Energy Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Western 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.

* Premium members only.

Western Energy Services Cyclically Adjusted PS Ratio Chart

Western Energy Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.08 0.09 0.10 0.12

Western Energy Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.10 0.10 0.11 0.12 0.11

Competitive Comparison of Western Energy Services's Cyclically Adjusted PS Ratio

For the Oil & Gas Drilling subindustry, Western 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.


Western Energy Services's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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


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Western 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.18/20.78
=0.10

* 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.

Western Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Western Energy Services's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.039/129.1809*129.1809
=2.039

Current CPI (Mar. 2025) = 129.1809.

Western Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.547 100.500 5.845
201509 6.714 100.421 8.637
201512 6.135 99.947 7.929
201603 4.879 101.054 6.237
201606 1.853 102.002 2.347
201609 4.665 101.765 5.922
201612 6.473 101.449 8.242
201703 12.082 102.634 15.207
201706 4.778 103.029 5.991
201709 7.757 103.345 9.696
201712 7.918 103.345 9.898
201803 9.332 105.004 11.481
201806 3.806 105.557 4.658
201809 6.758 105.636 8.264
201812 7.241 105.399 8.875
201903 7.544 106.979 9.110
201906 4.327 107.690 5.190
201909 5.393 107.611 6.474
201912 5.246 107.769 6.288
202003 5.964 107.927 7.138
202006 1.258 108.401 1.499
202009 1.563 108.164 1.867
202012 3.214 108.559 3.825
202103 4.292 110.298 5.027
202106 2.366 111.720 2.736
202109 3.818 112.905 4.368
202112 4.775 113.774 5.422
202203 7.529 117.646 8.267
202206 1.567 120.806 1.676
202209 1.728 120.648 1.850
202212 1.796 120.964 1.918
202303 2.341 122.702 2.465
202306 1.269 124.203 1.320
202309 1.625 125.230 1.676
202312 1.662 125.072 1.717
202403 1.831 126.258 1.873
202406 1.272 127.522 1.289
202409 1.724 127.285 1.750
202412 1.765 127.364 1.790
202503 2.039 129.181 2.039

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.


Western Energy Services  (TSX:WRG) 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.


Western Energy Services Cyclically Adjusted PS Ratio Related Terms

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


Western Energy Services Business Description

Traded in Other Exchanges
Address
215, 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment. It generates revenue mainly through its Contract drilling operation segment. The company operates in USA and Canada, majority of revenue from Canada.
Executives
Sime Armoyan 10% Security Holder
Tomer Cohen Director
Jeffrey Keith Bowers Senior Officer
John Rooney Director
Trent Boehm Director
Peter John Balkwill Senior Officer
Alexander Roland Neil Macausland Director, Senior Officer
Lorne Gartner Director
Richard Merle Harrison Senior Officer
Ronald Mathison Director

Western Energy Services Headlines

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