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Newalta (Newalta) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Newalta Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Newalta Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Newalta'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.

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Newalta Cyclically Adjusted PS Ratio Chart

Newalta Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Newalta Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Newalta's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Newalta'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.


Newalta's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Newalta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Newalta 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.

Newalta's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Newalta's adjusted Revenue per Share data for the three months ended in Mar. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=0.542/105.0040*105.0040
=0.542

Current CPI (Mar. 2018) = 105.0040.

Newalta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200806 3.377 91.177 3.889
200809 3.559 91.414 4.088
200812 2.787 89.518 3.269
200903 2.099 90.071 2.447
200906 2.327 90.940 2.687
200909 2.651 90.624 3.072
200912 2.784 90.703 3.223
201003 2.646 91.335 3.042
201006 2.721 91.809 3.112
201009 2.872 92.362 3.265
201012 3.313 92.836 3.747
201103 3.189 94.338 3.550
201106 3.370 94.654 3.739
201109 3.675 95.286 4.050
201112 3.647 94.970 4.032
201203 3.383 96.155 3.694
201206 3.355 96.076 3.667
201209 3.927 96.392 4.278
201212 3.750 95.760 4.112
201303 3.028 97.103 3.274
201306 3.433 97.182 3.709
201309 3.724 97.419 4.014
201312 -2.849 96.945 -3.086
201403 1.765 98.604 1.880
201406 1.893 99.473 1.998
201409 2.157 99.394 2.279
201412 2.038 98.367 2.176
201503 1.372 99.789 1.444
201506 1.172 100.500 1.225
201509 1.119 100.421 1.170
201512 0.839 99.947 0.881
201603 0.654 101.054 0.680
201606 0.398 102.002 0.410
201609 0.444 101.765 0.458
201612 0.541 101.449 0.560
201703 0.515 102.634 0.527
201706 0.494 103.029 0.503
201709 0.609 103.345 0.619
201712 0.549 103.345 0.558
201803 0.542 105.004 0.542

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.


Newalta  (OTCPK:NWLTF) 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.


Newalta Cyclically Adjusted PS Ratio Related Terms

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Newalta (Newalta) Business Description

Traded in Other Exchanges
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Address
Newalta Corp is engaged in providing engineered environmental solutions, which enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams. The operating segments of the group are Heavy oil and Oilfield. It generates maximum revenue from the Oilfield segment which includes the processing of oilfield-generated wastes, including treatment, water disposal, clean oil terminalling, landfilling, the sale of recovered crude oil and the supply and operation of drill site processing equipment, including solids control and drill cuttings management; as well as environmental services like environmental projects, drilling waste management services and site remediation. The group operates in Canada and the US.

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