Source Energy Services (FRA:S4O0) Cyclically Adjusted Revenue per Share: €38.11 (As of Jun. 2026)

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FRA:S4O0 Source Energy Services Ltd FRA:S4O0
67 GF Score
Price €7.05
GF Value €7.12
! 6 Warning Signs
View Full Analysis

What is Source Energy Services Cyclically Adjusted Revenue per Share?

Source Energy Services FRA:S4O0 -1.40% 67 Cyclically Adjusted Revenue per Share is €38.11 as of Jun. 2026. GuruFocus rates FRA:S4O0 with a GF Score™ of 67/100 and a GF Value™ of €7.12. The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Jun. 2026 was €6.495. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €38.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Source Energy Services's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-09-06), Source Energy Services's current stock price is €7.05. Source Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €38.11. Source Energy Services's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Source Energy Services was 0.29. The lowest was 0.17. And the median was 0.23.


Source Energy Services  (FRA:S4O0) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.05/38.11
=0.18

* 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.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Source Energy Services was 0.29. The lowest was 0.17. And the median was 0.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Source Energy Services Cyclically Adjusted Revenue per Share Related Terms


Source Energy Services Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Source Energy Services's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Source Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 36.44

Source Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 38.22 36.81 36.44 37.52 38.11

FRA:S4O0 vs SLB, BKR, HAL: Cyclically Adjusted Revenue per Share 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.


FRA:S4O0
67GF Score
Source Energy Services Ltd FRA:S4O0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Source Energy Services Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Source Energy Services's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.495/133.5265*133.5265
=6.495

Current CPI (Jun. 2026) = 133.5265.

Source Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.907 101.765 5.126
201612 7.609 101.449 10.015
201703 32.399 102.634 42.151
201706 11.907 103.029 15.432
201709 12.903 103.345 16.671
201712 10.466 103.345 13.523
201803 12.615 105.004 16.042
201806 16.462 105.557 20.824
201809 15.816 105.636 19.992
201812 6.928 105.399 8.777
201903 14.094 106.979 17.591
201906 10.146 107.690 12.580
201909 11.014 107.611 13.666
201912 8.689 107.769 10.766
202003 12.580 107.927 15.564
202006 2.096 108.401 2.582
202009 10.140 108.164 12.518
202012 7.613 108.559 9.364
202103 4.040 110.298 4.891
202106 3.647 111.720 4.359
202109 4.838 112.905 5.722
202112 3.448 113.774 4.047
202203 5.135 117.646 5.828
202206 6.087 120.806 6.728
202209 6.337 120.648 7.013
202212 4.486 120.964 4.952
202303 8.251 122.702 8.979
202306 6.510 124.203 6.999
202309 6.373 125.230 6.795
202312 6.719 125.072 7.173
202403 8.509 126.258 8.999
202406 8.826 127.522 9.242
202409 8.872 127.285 9.307
202412 7.175 127.364 7.522
202503 9.921 129.181 10.255
202506 9.500 129.892 9.766
202509 5.735 130.287 5.878
202512 7.766 130.366 7.954
202603 7.723 132.262 7.797
202606 6.495 133.527 6.495

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €38.11 mean?
Source Energy Services (FRA:S4O0) has a Cyclically Adjusted Revenue per Share of €38.11 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Source Energy Services and its competitors.
Is Source Energy Services' Cyclically Adjusted Revenue per Share too high?
Source Energy Services' current Cyclically Adjusted Revenue per Share is €38.11. Overall, Source Energy Services has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' Cyclically Adjusted Revenue per Share compare to SLB and BKR?
Source Energy Services' Cyclically Adjusted Revenue per Share of €38.11 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Source Energy Services and its competitors. Source Energy Services's current Cyclically Adjusted Revenue per Share is €38.11. 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?
Source Energy Services (FRA:S4O0) has a current Cyclically Adjusted Revenue per Share of €38.11. The stock's GF Value™ is €7.12, compared to a current price of €7.05 — trading 1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €38.11. Source Energy Services' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Source Energy Services (FRA:S4O0), the current Cyclically Adjusted Revenue per Share is €38.11 as of Jun. 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 (FRA:S4O0) Overvalued in 2026?

Based on GuruFocus' analysis, Source Energy Services stock appears to be undervalued. The current stock price of €7.05 is trading 1% below its estimated GF Value™ of €7.12.

Key valuation signals for FRA:S4O0:

  • Cyclically Adjusted Revenue per Share: €38.11
  • GF Value™: €7.12 vs. price of €7.05 (1% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the FRA:S4O0 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 SCEYF:USASHLE: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.
67GF Score

Get the complete analysis for FRA:S4O0

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

€7.05
Price
€7.12
GF Value