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Polwax (FRA:1LW) Cyclically Adjusted PS Ratio : 0.12 (As of Jun. 08, 2024)


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What is Polwax Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Polwax's current share price is €0.41. Polwax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.30. Polwax's Cyclically Adjusted PS Ratio for today is 0.12.

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

FRA:1LW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.13
Current: 0.11

During the past years, Polwax's highest Cyclically Adjusted PS Ratio was 0.13. The lowest was 0.09. And the median was 0.11.

FRA:1LW's Cyclically Adjusted PS Ratio is ranked better than
97.6% of 1210 companies
in the Chemicals industry
Industry Median: 1.22 vs FRA:1LW: 0.11

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.

Polwax's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.204. 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 €3.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polwax Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Polwax'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.

Polwax Cyclically Adjusted PS Ratio Chart

Polwax Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.12

Polwax Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - - - 0.12 0.11

Competitive Comparison of Polwax's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Polwax'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.


Polwax's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polwax's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Polwax 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.

Polwax's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.41/3.3
=0.12

* 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.

Polwax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Polwax's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.204/149.0435*149.0435
=0.204

Current CPI (Mar. 2024) = 149.0435.

Polwax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.457 101.262 0.673
201406 0.505 101.180 0.744
201409 1.007 100.611 1.492
201412 1.033 100.122 1.538
201503 0.536 100.041 0.799
201506 0.481 100.448 0.714
201509 0.790 99.634 1.182
201512 0.970 99.471 1.453
201603 0.531 98.983 0.800
201606 0.624 99.552 0.934
201609 0.902 99.064 1.357
201612 0.846 100.366 1.256
201703 0.572 101.018 0.844
201706 0.514 101.180 0.757
201709 0.933 101.343 1.372
201712 0.769 102.564 1.117
201803 0.485 102.564 0.705
201806 0.482 103.378 0.695
201809 0.970 103.378 1.398
201812 0.796 103.785 1.143
201903 0.397 104.274 0.567
201906 0.343 105.983 0.482
201909 0.763 105.983 1.073
201912 1.409 107.123 1.960
202003 0.816 109.076 1.115
202006 0.644 109.402 0.877
202009 1.657 109.320 2.259
202012 0.580 109.565 0.789
202103 0.285 112.658 0.377
202106 0.248 113.960 0.324
202109 0.664 115.588 0.856
202112 0.836 119.088 1.046
202203 0.295 125.031 0.352
202206 0.444 131.705 0.502
202209 1.071 135.531 1.178
202212 0.667 139.113 0.715
202303 0.278 145.950 0.284
202309 0.744 146.113 0.759
202312 0.666 147.741 0.672
202403 0.204 149.044 0.204

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.


Polwax  (FRA:1LW) 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.


Polwax Cyclically Adjusted PS Ratio Related Terms

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


Polwax (FRA:1LW) Business Description

Industry
Traded in Other Exchanges
Address
3 Maja 101, Jaslo, POL, 38-200
Polwax SA is a producer and distributor of refined and deodorized paraffin, waxes and specialty industrial paraffin compositions. The company's products are used in various industries such as fertilizer industry, investment casting, wood processing, production of varnishes and paints, rubber industry, paper and packaging industry, production of construction materials, manufacture of explosives, manufacture of candles and grave lights and food industry.

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