GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Walker & Dunlop Inc (NYSE:WD) » Definitions » Cyclically Adjusted PS Ratio

Walker & Dunlop (Walker & Dunlop) Cyclically Adjusted PS Ratio : 3.30 (As of May. 16, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Walker & Dunlop Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Walker & Dunlop's current share price is $101.95. Walker & Dunlop's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.85. Walker & Dunlop's Cyclically Adjusted PS Ratio for today is 3.30.

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

WD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.5   Med: 3.64   Max: 6.9
Current: 3.25

During the past years, Walker & Dunlop's highest Cyclically Adjusted PS Ratio was 6.90. The lowest was 1.50. And the median was 3.64.

WD's Cyclically Adjusted PS Ratio is ranked worse than
70.75% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs WD: 3.25

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.

Walker & Dunlop's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.901. 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 $30.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Walker & Dunlop Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Walker & Dunlop'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.

Walker & Dunlop Cyclically Adjusted PS Ratio Chart

Walker & Dunlop 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 4.03 4.89 6.47 2.86 3.65

Walker & Dunlop 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 2.68 2.71 2.47 3.65 3.28

Competitive Comparison of Walker & Dunlop's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Walker & Dunlop'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.


Walker & Dunlop's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Walker & Dunlop's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Walker & Dunlop 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.

Walker & Dunlop's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.95/30.85
=3.30

* 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.

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

For example, Walker & Dunlop'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)
=6.901/131.7762*131.7762
=6.901

Current CPI (Mar. 2024) = 131.7762.

Walker & Dunlop Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.669 100.560 3.498
201409 3.060 100.428 4.015
201412 3.462 99.070 4.605
201503 3.454 99.621 4.569
201506 3.768 100.684 4.932
201509 3.965 100.392 5.205
201512 3.958 99.792 5.227
201603 3.062 100.470 4.016
201606 4.828 101.688 6.257
201609 5.027 101.861 6.503
201612 5.788 101.863 7.488
201703 4.953 102.862 6.345
201706 5.185 103.349 6.611
201709 5.563 104.136 7.040
201712 6.754 104.011 8.557
201803 4.737 105.290 5.929
201806 5.658 106.317 7.013
201809 5.842 106.507 7.228
201812 6.860 105.998 8.528
201903 6.109 107.251 7.506
201906 6.516 108.070 7.945
201909 6.896 108.329 8.389
201912 6.998 108.420 8.506
202003 7.515 108.902 9.094
202006 8.193 108.767 9.926
202009 7.949 109.815 9.539
202012 11.156 109.897 13.377
202103 7.171 111.754 8.456
202106 8.971 114.631 10.313
202109 11.008 115.734 12.534
202112 12.712 117.630 14.241
202203 9.794 121.301 10.640
202206 10.425 125.017 10.989
202209 9.675 125.227 10.181
202212 8.620 125.222 9.071
202303 7.275 127.348 7.528
202306 8.299 128.729 8.495
202309 8.170 129.860 8.291
202312 8.328 129.419 8.480
202403 6.901 131.776 6.901

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.


Walker & Dunlop  (NYSE:WD) 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.


Walker & Dunlop Cyclically Adjusted PS Ratio Related Terms

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


Walker & Dunlop (Walker & Dunlop) Business Description

Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1300, Bethesda, MD, USA, 20814
Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company's products consist of first mortgage loans, second trust loans, supplemental financings, construction loans, mezzanine loans, and bridge/interim loans. The company generates a majority of total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.
Executives
Smith Howard W Iii director, officer: President 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
William M Walker director, officer: Chairman & CEO 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Stephen P Theobald officer: EVP, CFO & Treasurer 999 WATERSIDE DRIVE, SUITE 200, NORFOLK VA 23510
Richard M Lucas officer: EVP & Gen Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Paula A. Pryor officer: EVP & Chief HR Officer C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Dana L Schmaltz director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Gregory Florkowski officer: EVP & Chief Financial Officer C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Rice E. John Jr director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Donna Wells director BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE, BOSTON MA 02109
Michael J. Warren director C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Michael D Malone director 2430 LEMON TREE LANE, CHARLOTTE NC 28211
Alan J Bowers director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Richard C Warner officer: EVP & Chief Credit Officer 7501 WISCONSIN AVENUE, SUITE 1200, BETHESDA MD 20814
Ellen Levy director C/O INSTRUCTURE, INC., 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Cynthia A Hallenbeck director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814