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PHX Energy Services (TSX:PHX) Shiller PE Ratio : 896.00 (As of May. 01, 2024)


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What is PHX Energy Services Shiller PE Ratio?

As of today (2024-05-01), PHX Energy Services's current share price is C$8.96. PHX Energy Services's E10 for the quarter that ended in Dec. 2023 was C$0.01. PHX Energy Services's Shiller PE Ratio for today is 896.00.

The historical rank and industry rank for PHX Energy Services's Shiller PE Ratio or its related term are showing as below:

TSX:PHX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.89   Med: 12.33   Max: 970
Current: 695.85

During the past years, PHX Energy Services's highest Shiller PE Ratio was 970.00. The lowest was 1.89. And the median was 12.33.

TSX:PHX's Shiller PE Ratio is ranked worse than
98.57% of 421 companies
in the Oil & Gas industry
Industry Median: 17.92 vs TSX:PHX: 695.85

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.

PHX Energy Services's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PHX Energy Services Shiller PE Ratio Historical Data

The historical data trend for PHX Energy Services's Shiller PE 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.

PHX Energy Services Shiller PE Ratio Chart

PHX Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.49 82.24 - - 608.02

PHX Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 - - 161.21 191.82 608.02

Competitive Comparison of PHX Energy Services's Shiller PE Ratio

For the Oil & Gas Drilling subindustry, PHX Energy Services's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


PHX Energy Services's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PHX Energy Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PHX Energy Services's Shiller PE Ratio falls into.



PHX Energy Services Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PHX Energy Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.96/0.01
=896.00

* 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.

PHX Energy Services's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, PHX Energy Services's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.68/125.4675*125.4675
=0.680

Current CPI (Dec. 2023) = 125.4675.

PHX Energy Services Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.250 98.604 0.318
201406 -0.030 99.473 -0.038
201409 0.370 99.394 0.467
201412 0.030 98.367 0.038
201503 -0.170 99.789 -0.214
201506 -0.230 100.500 -0.287
201509 -0.590 100.421 -0.737
201512 -0.070 99.947 -0.088
201603 -0.180 101.054 -0.223
201606 -0.320 102.002 -0.394
201609 -0.210 101.765 -0.259
201612 -0.310 101.449 -0.383
201703 -0.130 102.634 -0.159
201706 -0.180 103.029 -0.219
201709 -0.010 103.345 -0.012
201712 -0.090 103.345 -0.109
201803 -0.070 105.004 -0.084
201806 -0.001 105.557 -0.001
201809 0.060 105.636 0.071
201812 -0.320 105.399 -0.381
201903 -0.020 106.979 -0.023
201906 -0.040 107.690 -0.047
201909 0.050 107.611 0.058
201912 -0.030 107.769 -0.035
202003 -0.060 107.927 -0.070
202006 -0.090 108.401 -0.104
202009 -0.030 108.164 -0.035
202012 0.030 108.559 0.035
202103 0.100 110.298 0.114
202106 0.080 111.720 0.090
202109 0.090 112.905 0.100
202112 0.170 113.774 0.187
202203 -0.090 117.646 -0.096
202206 0.000 120.806 0.000
202209 0.270 120.648 0.281
202212 0.390 120.964 0.405
202303 0.420 122.702 0.429
202306 0.350 124.203 0.354
202309 0.500 125.230 0.501
202312 0.680 125.468 0.680

Add all the adjusted EPS together and divide 10 will get our E10.

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.


PHX Energy Services  (TSX:PHX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


PHX Energy Services Shiller PE Ratio Related Terms

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


PHX Energy Services (TSX:PHX) Business Description

Traded in Other Exchanges
Address
250-2nd Street South West, Suite 1400, Calgary, AB, CAN, T2P 0C1
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the us. PHX Energy has developed various new technologies that have positioned the corporation technology in the horizontal and directional drilling services sector in North America. The Corporation also operates in the Middle East regions through an arrangement with National Energy Services Reunited Corp.
Executives
John Michael Hooks Senior Officer
Jeffery John Shafer Senior Officer
Craig Brown Senior Officer