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Wartsila (OHEL:WRT1V) Cyclically Adjusted PS Ratio : 1.92 (As of May. 24, 2024)


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What is Wartsila Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Wartsila's current share price is €19.29. Wartsila's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.06. Wartsila's Cyclically Adjusted PS Ratio for today is 1.92.

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

OHEL:WRT1V' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.17   Max: 2.26
Current: 1.87

During the past years, Wartsila's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 0.66. And the median was 1.17.

OHEL:WRT1V's Cyclically Adjusted PS Ratio is ranked worse than
58.56% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs OHEL:WRT1V: 1.87

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.

Wartsila's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.241. 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 €10.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wartsila Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wartsila'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.

Wartsila Cyclically Adjusted PS Ratio Chart

Wartsila 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 1.16 0.97 1.42 0.82 1.32

Wartsila Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.88 1.04 1.08 1.32 1.40

Competitive Comparison of Wartsila's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Wartsila'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.


Wartsila's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wartsila's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wartsila 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.29/10.06
=1.92

* 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.

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

For example, Wartsila'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)
=2.241/122.3600*122.3600
=2.241

Current CPI (Mar. 2024) = 122.3600.

Wartsila Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.882 100.147 2.299
201409 1.906 100.726 2.315
201412 2.591 100.229 3.163
201503 1.666 100.120 2.036
201506 2.067 100.030 2.528
201509 2.101 100.130 2.567
201512 2.662 99.990 3.258
201603 1.667 100.080 2.038
201606 1.992 100.390 2.428
201609 1.841 100.540 2.241
201612 2.629 101.020 3.184
201703 1.707 100.910 2.070
201706 2.121 101.140 2.566
201709 1.982 101.320 2.394
201712 2.431 101.510 2.930
201803 1.838 101.730 2.211
201806 2.160 102.320 2.583
201809 2.239 102.600 2.670
201812 2.520 102.710 3.002
201903 1.951 102.870 2.321
201906 2.159 103.360 2.556
201909 2.236 103.540 2.642
201912 2.686 103.650 3.171
202003 1.950 103.490 2.306
202006 2.122 103.320 2.513
202009 1.592 103.710 1.878
202012 2.060 103.890 2.426
202103 1.577 104.870 1.840
202106 1.834 105.360 2.130
202109 1.801 106.290 2.073
202112 2.532 107.490 2.882
202203 2.086 110.950 2.301
202206 2.483 113.570 2.675
202209 2.429 114.920 2.586
202212 3.161 117.320 3.297
202303 2.397 119.750 2.449
202306 2.465 120.690 2.499
202309 2.462 121.280 2.484
202312 2.798 121.540 2.817
202403 2.241 122.360 2.241

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.


Wartsila  (OHEL:WRT1V) 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.


Wartsila Cyclically Adjusted PS Ratio Related Terms

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


Wartsila (OHEL:WRT1V) Business Description

Traded in Other Exchanges
Address
Hiililaiturinkuja 2, Helsinki, FIN, FI-00180
Wartsila is a global manufacturer of critical equipment and services for the marine and energy markets with operations in over 70 countries. Approximately one half of the group's sales are derived from the sale of services and spare parts through its network of 258 sales and service network locations. Wartsila is listed on the Nasdaq Helsinki exchange in Finland. Approximately 1 in 3 oceangoing vessels has a Wartsila solution on board, translating into an installed base of over 50,000 vessels and 10,000 customers.

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