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Ensign Energy Services (TSX:ESI) Cyclically Adjusted Revenue per Share : C$9.84 (As of Dec. 2023)


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What is Ensign Energy Services Cyclically Adjusted Revenue per Share?

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 Dec. 2023 was C$2.330. 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$9.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ensign Energy Services's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% 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 -3.60% per year. And the median was 7.20% per year.

As of today (2024-04-29), Ensign Energy Services's current stock price is C$2.52. Ensign Energy Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$9.84. Ensign Energy Services's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ensign Energy Services was 1.64. The lowest was 0.02. And the median was 0.50.


Ensign Energy Services Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Ensign Energy Services Cyclically Adjusted Revenue per Share Chart

Ensign Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.21 10.83 10.49 10.24 9.84

Ensign Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.24 10.17 10.16 10.03 9.84

Competitive Comparison of Ensign Energy Services's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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 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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.33/125.4675*125.4675
=2.330

Current CPI (Dec. 2023) = 125.4675.

Ensign Energy Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.062 98.604 5.169
201406 3.335 99.473 4.206
201409 3.802 99.394 4.799
201412 3.949 98.367 5.037
201503 2.940 99.789 3.697
201506 2.192 100.500 2.737
201509 2.128 100.421 2.659
201512 1.862 99.947 2.337
201603 1.695 101.054 2.105
201606 1.154 102.002 1.419
201609 1.254 101.765 1.546
201612 1.507 101.449 1.864
201703 1.621 102.634 1.982
201706 1.477 103.029 1.799
201709 1.576 103.345 1.913
201712 1.690 103.345 2.052
201803 1.646 105.004 1.967
201806 1.677 105.557 1.993
201809 1.840 105.636 2.185
201812 2.203 105.399 2.622
201903 2.836 106.979 3.326
201906 2.385 107.690 2.779
201909 2.478 107.611 2.889
201912 2.305 107.769 2.684
202003 2.355 107.927 2.738
202006 1.196 108.401 1.384
202009 0.963 108.164 1.117
202012 1.266 108.559 1.463
202103 1.344 110.298 1.529
202106 1.305 111.720 1.466
202109 1.640 112.905 1.822
202112 1.802 113.774 1.987
202203 1.804 117.646 1.924
202206 1.987 120.806 2.064
202209 2.336 120.648 2.429
202212 2.793 120.964 2.897
202303 2.610 122.702 2.669
202306 2.339 124.203 2.363
202309 2.407 125.230 2.412
202312 2.330 125.468 2.330

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


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
=2.52/9.84
=0.26

* 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 1.64. The lowest was 0.02. And the median was 0.50.


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

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


Ensign Energy Services (TSX:ESI) Business Description

Industry
Traded in Other Exchanges
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, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.