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Wajax (WJXFF) Cyclically Adjusted PS Ratio : 0.29 (As of May. 29, 2024)


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What is Wajax Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Wajax's current share price is $19.09. Wajax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $65.72. Wajax's Cyclically Adjusted PS Ratio for today is 0.29.

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

WJXFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.27   Max: 0.46
Current: 0.3

During the past years, Wajax's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.07. And the median was 0.27.

WJXFF's Cyclically Adjusted PS Ratio is ranked better than
71.77% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.57 vs WJXFF: 0.30

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.

Wajax's adjusted revenue per share data for the three months ended in Mar. 2024 was $16.004. 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 $65.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wajax Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wajax'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.

Wajax Cyclically Adjusted PS Ratio Chart

Wajax 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 0.18 0.21 0.29 0.23 0.35

Wajax 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 0.28 0.28 0.32 0.35 0.37

Competitive Comparison of Wajax's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, Wajax'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.


Wajax's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

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

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



Wajax 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.09/65.72
=0.29

* 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.

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

For example, Wajax'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)
=16.004/126.2576*126.2576
=16.004

Current CPI (Mar. 2024) = 126.2576.

Wajax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.301 99.473 25.767
201409 19.157 99.394 24.335
201412 19.629 98.367 25.195
201503 14.734 99.789 18.642
201506 15.524 100.500 19.503
201509 10.810 100.421 13.591
201512 11.830 99.947 14.944
201603 10.779 101.054 13.467
201606 12.912 102.002 15.982
201609 10.849 101.765 13.460
201612 11.558 101.449 14.384
201703 11.819 102.634 14.539
201706 12.162 103.029 14.904
201709 12.085 103.345 14.764
201712 14.500 103.345 17.715
201803 13.123 105.004 15.779
201806 14.387 105.557 17.208
201809 13.914 105.636 16.630
201812 14.232 105.399 17.049
201903 13.769 106.979 16.250
201906 15.114 107.690 17.720
201909 13.511 107.611 15.852
201912 14.984 107.769 17.555
202003 12.085 107.927 14.138
202006 12.871 108.401 14.991
202009 12.551 108.164 14.650
202012 14.463 108.559 16.821
202103 14.232 110.298 16.291
202106 16.559 111.720 18.714
202109 14.347 112.905 16.044
202112 14.113 113.774 15.662
202203 15.690 117.646 16.839
202206 17.989 120.806 18.801
202209 16.492 120.648 17.259
202212 16.232 120.964 16.942
202303 17.024 122.702 17.517
202306 19.893 124.203 20.222
202309 17.530 125.230 17.674
202312 16.429 125.072 16.585
202403 16.004 126.258 16.004

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.


Wajax  (OTCPK:WJXFF) 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.


Wajax Cyclically Adjusted PS Ratio Related Terms

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


Wajax (WJXFF) Business Description

Traded in Other Exchanges
Address
2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

Wajax (WJXFF) Headlines