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Willis Lease Finance (Willis Lease Finance) Cyclically Adjusted PS Ratio : 0.93 (As of Apr. 28, 2024)


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What is Willis Lease Finance Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Willis Lease Finance's current share price is $49.05. Willis Lease Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $52.64. Willis Lease Finance's Cyclically Adjusted PS Ratio for today is 0.93.

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

WLFC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.1   Max: 2.38
Current: 0.93

During the past years, Willis Lease Finance's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 0.43. And the median was 1.10.

WLFC's Cyclically Adjusted PS Ratio is ranked worse than
51.47% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs WLFC: 0.93

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.

Willis Lease Finance's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.415. 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 $52.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Willis Lease Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Willis Lease Finance'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.

Willis Lease Finance Cyclically Adjusted PS Ratio Chart

Willis Lease Finance 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 1.75 0.83 0.90 1.25 0.93

Willis Lease Finance 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 1.25 1.12 0.78 0.82 0.93

Competitive Comparison of Willis Lease Finance's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Willis Lease Finance'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.


Willis Lease Finance's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Willis Lease Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Willis Lease Finance 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.

Willis Lease Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.05/52.64
=0.93

* 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.

Willis Lease Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Willis Lease Finance'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)
=17.415/129.4194*129.4194
=17.415

Current CPI (Dec. 2023) = 129.4194.

Willis Lease Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.332 99.695 6.922
201406 5.363 100.560 6.902
201409 5.604 100.428 7.222
201412 5.119 99.070 6.687
201503 5.322 99.621 6.914
201506 5.587 100.684 7.182
201509 7.250 100.392 9.346
201512 6.972 99.792 9.042
201603 6.975 100.470 8.985
201606 7.276 101.688 9.260
201609 7.981 101.861 10.140
201612 8.793 101.863 11.172
201703 12.445 102.862 15.658
201706 11.017 103.349 13.796
201709 10.650 104.136 13.236
201712 10.134 104.011 12.610
201803 11.269 105.290 13.852
201806 13.137 106.317 15.992
201809 13.484 106.507 16.385
201812 19.914 105.998 24.314
201903 17.358 107.251 20.946
201906 15.805 108.070 18.927
201909 19.752 108.329 23.597
201912 14.635 108.420 17.470
202003 13.326 108.902 15.837
202006 12.286 108.767 14.619
202009 11.606 109.815 13.678
202012 9.917 109.897 11.679
202103 10.196 111.754 11.808
202106 10.690 114.631 12.069
202109 11.125 115.734 12.440
202112 10.863 117.630 11.952
202203 11.564 121.301 12.338
202206 12.500 125.017 12.940
202209 12.263 125.227 12.674
202212 12.567 125.222 12.988
202303 13.868 127.348 14.094
202306 16.920 128.729 17.011
202309 16.354 129.860 16.299
202312 17.415 129.419 17.415

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.


Willis Lease Finance  (NAS:WLFC) 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.


Willis Lease Finance Cyclically Adjusted PS Ratio Related Terms

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


Willis Lease Finance (Willis Lease Finance) Business Description

Traded in Other Exchanges
N/A
Address
4700 Lyons Technology Parkway, Coconut Creek, FL, USA, 33073
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components.
Executives
Willis Charles F Iv director, 10 percent owner, officer: Executive Chairman 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Scott B. Flaherty officer: SVP, CFO 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Brian Richard Hole officer: President 4700 LYONS TECHNOLOGY, SUITE 2215, COCONUT CREEK FL 33073
Hans Jorg Hunziker director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Austin Chandler Willis director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Rae Ann Mckeating director PO BOX 593, MCCALL ID 83638
Robert J. Keady director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Robert T Morris director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Dean Michael Poulakidas officer: SVP, Gen. Counsel, Secretary 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Anthony R. Spaulding officer: SVP, Technical Services 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Donald A Nunemaker officer: EVP, General Mgr. Leasing 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Bradley Stewart Forsyth officer: SVP, CFO 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Ernest J. Furtado officer: Interim CFO 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Coon W William Jr director 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Judith M Webber officer: SVP, Technical Services 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998