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WH Smith (WH Smith) Cyclically Adjusted PS Ratio : 0.92 (As of May. 25, 2024)


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What is WH Smith Cyclically Adjusted PS Ratio?

As of today (2024-05-25), WH Smith's current share price is $14.80. WH Smith's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was $16.13. WH Smith's Cyclically Adjusted PS Ratio for today is 0.92.

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

WHTPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.56   Max: 2.41
Current: 0.95

During the past 13 years, WH Smith's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 0.75. And the median was 1.56.

WHTPF's Cyclically Adjusted PS Ratio is ranked worse than
68.81% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs WHTPF: 0.95

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.

WH Smith's adjusted revenue per share data of for the fiscal year that ended in Aug23 was $17.260. 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 $16.13 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


WH Smith Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WH Smith'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.

WH Smith Cyclically Adjusted PS Ratio Chart

WH Smith Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 1.09 1.51 1.23 1.18

WH Smith Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 1.23 - 1.18 -

Competitive Comparison of WH Smith's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, WH Smith'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.


WH Smith's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, WH Smith's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



WH Smith 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.

WH Smith's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.80/16.13
=0.92

* 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.

WH Smith's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, WH Smith's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=17.26/129.4000*129.4000
=17.260

Current CPI (Aug23) = 129.4000.

WH Smith Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 16.018 99.900 20.748
201508 15.550 100.300 20.062
201608 13.813 101.200 17.662
201708 14.272 104.000 17.758
201808 14.765 106.500 17.940
201908 15.592 108.300 18.630
202008 11.180 108.800 13.297
202108 9.329 112.100 10.769
202208 12.702 121.800 13.495
202308 17.260 129.400 17.260

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.


WH Smith  (OTCPK:WHTPF) 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.


WH Smith Cyclically Adjusted PS Ratio Related Terms

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


WH Smith (WH Smith) Business Description

Traded in Other Exchanges
Address
Greenbridge Road, Swindon, Wiltshire, GBR, SN3 3RX
WH Smith PLC is a U.K. retailer selling a wide range of products. Its two core business segments are travel and high street. WHSmith's travel stores offer products such as food, drink, publications, books, and tech accessories and other products to travelers. This segment operates predominantly in airports, railway stations, hospitals, and workplaces across Europe, Australia, the Middle East, Southeast Asia, and India. The high street segment operates stores in the United Kingdom, predominantly on the U.K. high street. The high street segment sells products into the following categories: stationery, books, newspapers, magazines, and confectionery. WH Smith also has an online retail business that sells a range of books, stationery, magazines, and gifts through its websites.

WH Smith (WH Smith) Headlines