Ensign Energy Services (TSX:ESI) Cyclically Adjusted Revenue per Share: C$9.00 (As of Mar. 2026)

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TSX:ESI Ensign Energy Services Inc TSX:ESI
79 GF Score
Price C$3.41
GF Value C$2.39
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ensign Energy Services Cyclically Adjusted Revenue per Share?

Ensign Energy Services TSX:ESI -0.29% 79 Cyclically Adjusted Revenue per Share is C$9.00 as of Mar. 2026. 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.

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.

Ensign Energy Services's adjusted revenue per share 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 the count will get our Cyclically Adjusted Revenue per Share, which is C$9.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ensign Energy Services's average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ensign Energy Services was 18.30% per year. The lowest was -5.20% per year. And the median was 4.80% per year.

As of today (2026-07-18), Ensign Energy Services's current stock price is C$3.41. Ensign Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$9.00. Ensign Energy Services's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ensign Energy Services was 0.83. The lowest was 0.02. And the median was 0.29.


Ensign Energy Services  (TSX:ESI) 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.

Ensign Energy Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.41/9.00
=0.38

* 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 13 years, the highest Cyclically Adjusted PS Ratio of Ensign Energy Services was 0.83. The lowest was 0.02. And the median was 0.29.


Be Aware

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


Ensign Energy Services Cyclically Adjusted Revenue per Share Related Terms


Ensign Energy Services Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ensign 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.

Ensign Energy Services Cyclically Adjusted Revenue per Share Chart

Ensign 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 10.49 10.24 9.81 8.95 8.86

Ensign 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 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 8.93 8.90 8.88 8.86 9.00

TSX:ESI vs NE, RIG, VAL: Cyclically Adjusted Revenue per Share 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.


TSX:ESI
79GF Score
Ensign Energy Services Inc TSX:ESI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ensign 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, Ensign 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)
=2.265/132.2623*132.2623
=2.265

Current CPI (Mar. 2026) = 132.2623.

Ensign Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.154 102.002 1.496
201609 1.254 101.765 1.630
201612 1.507 101.449 1.965
201703 1.621 102.634 2.089
201706 1.477 103.029 1.896
201709 1.576 103.345 2.017
201712 1.690 103.345 2.163
201803 1.646 105.004 2.073
201806 1.677 105.557 2.101
201809 1.840 105.636 2.304
201812 2.203 105.399 2.764
201903 2.836 106.979 3.506
201906 2.385 107.690 2.929
201909 2.478 107.611 3.046
201912 2.305 107.769 2.829
202003 2.355 107.927 2.886
202006 1.196 108.401 1.459
202009 0.963 108.164 1.178
202012 1.266 108.559 1.542
202103 1.344 110.298 1.612
202106 1.305 111.720 1.545
202109 1.640 112.905 1.921
202112 1.802 113.774 2.095
202203 1.804 117.646 2.028
202206 1.987 120.806 2.175
202209 2.336 120.648 2.561
202212 2.793 120.964 3.054
202303 2.610 122.702 2.813
202306 2.339 124.203 2.491
202309 2.407 125.230 2.542
202312 2.330 125.072 2.464
202403 2.338 126.258 2.449
202406 2.121 127.522 2.200
202409 2.356 127.285 2.448
202412 2.311 127.364 2.400
202503 2.364 129.181 2.420
202506 2.021 129.892 2.058
202509 2.233 130.287 2.267
202512 2.262 130.366 2.295
202603 2.265 132.262 2.265

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 C$9.00 mean?
Ensign Energy Services (TSX:ESI) has a Cyclically Adjusted Revenue per Share of C$9.00 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ensign Energy Services and its competitors.
Is Ensign Energy Services' Cyclically Adjusted Revenue per Share too high?
Ensign Energy Services' current Cyclically Adjusted Revenue per Share is C$9.00. 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 Revenue per Share compare to NE and RIG?
Ensign Energy Services' Cyclically Adjusted Revenue per Share of C$9.00 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 Ensign Energy Services and its competitors. Ensign Energy Services's current Cyclically Adjusted Revenue per Share is C$9.00. 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$3.41 — trading 42.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$9.00. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ensign Energy Services (TSX:ESI), the current Cyclically Adjusted Revenue per Share is C$9.00 as of Mar. 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$3.41 is trading 42.7% 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 Revenue per Share: C$9.00
  • GF Value™: C$2.39 vs. price of C$3.41 (42.7% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges ESVIF:USAENB:Germany
Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
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

Get the complete analysis for TSX:ESI

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

C$3.41
Price
C$2.39
GF Value