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Westwood Holdings Group (Westwood Holdings Group) Cyclically Adjusted PS Ratio : 0.86 (As of Apr. 27, 2024)


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What is Westwood Holdings Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Westwood Holdings Group's current share price is $12.81. Westwood Holdings Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.86. Westwood Holdings Group's Cyclically Adjusted PS Ratio for today is 0.86.

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

WHG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 3.2   Max: 8.04
Current: 0.88

During the past years, Westwood Holdings Group's highest Cyclically Adjusted PS Ratio was 8.04. The lowest was 0.60. And the median was 3.20.

WHG's Cyclically Adjusted PS Ratio is ranked better than
89.04% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs WHG: 0.88

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.

Westwood Holdings Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.822. 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 $14.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westwood Holdings Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Westwood Holdings Group'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.

Westwood Holdings Group Cyclically Adjusted PS Ratio Chart

Westwood Holdings Group 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 2.17 1.06 1.18 0.75 0.85

Westwood Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.75 0.82 0.67 0.85

Competitive Comparison of Westwood Holdings Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Westwood Holdings Group'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.


Westwood Holdings Group's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Westwood Holdings Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Westwood Holdings Group 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.

Westwood Holdings Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.81/14.86
=0.86

* 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.

Westwood Holdings Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Westwood Holdings Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.822/129.4194*129.4194
=2.822

Current CPI (Dec. 2023) = 129.4194.

Westwood Holdings Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.348 99.695 4.346
201406 4.025 100.560 5.180
201409 3.636 100.428 4.686
201412 3.437 99.070 4.490
201503 3.766 99.621 4.892
201506 4.687 100.684 6.025
201509 4.038 100.392 5.206
201512 3.772 99.792 4.892
201603 3.620 100.470 4.663
201606 3.796 101.688 4.831
201609 3.885 101.861 4.936
201612 3.875 101.863 4.923
201703 3.925 102.862 4.938
201706 4.059 103.349 5.083
201709 3.977 104.136 4.943
201712 3.968 104.011 4.937
201803 3.931 105.290 4.832
201806 3.835 106.317 4.668
201809 3.472 106.507 4.219
201812 3.071 105.998 3.750
201903 2.822 107.251 3.405
201906 2.561 108.070 3.067
201909 2.348 108.329 2.805
201912 2.203 108.420 2.630
202003 1.971 108.902 2.342
202006 2.015 108.767 2.398
202009 1.974 109.815 2.326
202012 2.186 109.897 2.574
202103 2.314 111.754 2.680
202106 2.205 114.631 2.489
202109 2.245 115.734 2.510
202112 2.451 117.630 2.697
202203 2.171 121.301 2.316
202206 1.964 125.017 2.033
202209 1.977 125.227 2.043
202212 2.631 125.222 2.719
202303 2.852 127.348 2.898
202306 2.699 128.729 2.713
202309 2.696 129.860 2.687
202312 2.822 129.419 2.822

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.


Westwood Holdings Group  (NYSE:WHG) 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.


Westwood Holdings Group Cyclically Adjusted PS Ratio Related Terms

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


Westwood Holdings Group (Westwood Holdings Group) Business Description

Traded in Other Exchanges
N/A
Address
200 Crescent Court, Suite 1200, Dallas, TX, USA, 75201
Westwood Holdings Group Inc through its subsidiaries is engaged in managing investment assets and providing services for its clients. The company operates its business through the Advisory and Trust segments. Its advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals and the Westwood Funds, as well as investment sub-advisory services to mutual funds and its trust segment. The Trust segment offers trust and custodial services to its clients and to its advisory segment and sponsors common trust funds to institutions and high net worth individuals. It generates maximum revenue from the Advisory segment. Geographically, it derives a majority of revenue from the United States.
Executives
John Porter Montgomery officer: COO 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Leah Bennett officer: President-Westwood Wealth Mgmt 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ehinger John Anthony Jr officer: Head of Legal, CCO 279 BENSON LAN, COPPELL TX 75019
Matthew Lockridge officer: Head, U.S. Value Inv. 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Adrian Helfert officer: CIO, Multi-Asset Inv. 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Richard M Frank director 4441 W AIRPORT FREEWAY, IRVING TX 75062
Brian O Casey director, officer: President & CEO 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Raymond E Wooldridge director 200 CRESCENT COURT, STE 1200, DALLAS TX 75201
Fabian Gomez officer: Chief Operating Officer 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Randy A Bowman director 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jcp Investment Holdings, Llc 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027