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West Pharmaceutical Services (West Pharmaceutical Services) Cyclically Adjusted PS Ratio : 11.18 (As of May. 16, 2024)


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What is West Pharmaceutical Services Cyclically Adjusted PS Ratio?

As of today (2024-05-16), West Pharmaceutical Services's current share price is $354.11. West Pharmaceutical Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $31.66. West Pharmaceutical Services's Cyclically Adjusted PS Ratio for today is 11.18.

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

WST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.23   Med: 5.39   Max: 19.19
Current: 11.1

During the past years, West Pharmaceutical Services's highest Cyclically Adjusted PS Ratio was 19.19. The lowest was 2.23. And the median was 5.39.

WST's Cyclically Adjusted PS Ratio is ranked worse than
88.61% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.185 vs WST: 11.10

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.

West Pharmaceutical Services's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.359. 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 $31.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Pharmaceutical Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for West Pharmaceutical Services'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.

West Pharmaceutical Services Cyclically Adjusted PS Ratio Chart

West Pharmaceutical Services 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 7.15 12.67 18.23 8.13 11.23

West Pharmaceutical Services 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 11.64 12.56 12.07 11.23 12.50

Competitive Comparison of West Pharmaceutical Services's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, West Pharmaceutical Services'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.


West Pharmaceutical Services's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, West Pharmaceutical Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



West Pharmaceutical Services 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.

West Pharmaceutical Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=354.11/31.66
=11.18

* 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.

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

For example, West Pharmaceutical Services'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)
=9.359/131.7762*131.7762
=9.359

Current CPI (Mar. 2024) = 131.7762.

West Pharmaceutical Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.095 100.560 6.677
201409 4.902 100.428 6.432
201412 4.746 99.070 6.313
201503 4.583 99.621 6.062
201506 4.881 100.684 6.388
201509 4.662 100.392 6.119
201512 4.835 99.792 6.385
201603 4.887 100.470 6.410
201606 5.187 101.688 6.722
201609 5.023 101.861 6.498
201612 5.037 101.863 6.516
201703 5.176 102.862 6.631
201706 5.245 103.349 6.688
201709 5.246 104.136 6.638
201712 5.601 104.011 7.096
201803 5.506 105.290 6.891
201806 5.967 106.317 7.396
201809 5.703 106.507 7.056
201812 5.603 105.998 6.966
201903 5.890 107.251 7.237
201906 6.254 108.070 7.626
201909 6.041 108.329 7.349
201912 6.217 108.420 7.556
202003 6.510 108.902 7.877
202006 6.983 108.767 8.460
202009 7.230 109.815 8.676
202012 7.594 109.897 9.106
202103 8.848 111.754 10.433
202106 9.559 114.631 10.989
202109 9.296 115.734 10.585
202112 9.393 117.630 10.523
202203 9.474 121.301 10.292
202206 10.175 125.017 10.725
202209 9.074 125.227 9.549
202212 9.387 125.222 9.878
202303 9.466 127.348 9.795
202306 9.997 128.729 10.234
202309 9.926 129.860 10.073
202312 9.799 129.419 9.977
202403 9.359 131.776 9.359

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.


West Pharmaceutical Services  (NYSE:WST) 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.


West Pharmaceutical Services Cyclically Adjusted PS Ratio Related Terms

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


West Pharmaceutical Services (West Pharmaceutical Services) Business Description

Traded in Other Exchanges
Address
530 Herman O. West Drive, Exton, PA, USA, 19341-0645
West Pharmaceutical Services is a Pennsylvania-based medical supplies company that operates as a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West develops, manufactures, and distributes elastomer-based supplies for the containment and administration of injectable drugs, including basic equipment such as syringes, stoppers, and plungers, along with somewhat more complicated devices including auto-injectors and other self-injection platforms. The company reports in two segments: proprietary products (82% of 2021 sales) and contract-manufactured products (18%). It generates 55% of its revenue from international markets and 45% from the United States.
Executives
Chad Winters officer: VP, CAO & Controller 530 HERMAN O. WEST DRIVE, EXTON PA 19341
Charles Witherspoon officer: VP & Treasurer 530 HERMAN O WEST DRIVE, EXTON PA 19341
Annette F Favorite officer: Sr. VP Human Resources Officer 530 HERMAN O. WEST DRIVE, EXTON PA 19341
Cindy Reiss-clark officer: Senior Vice President 530 HERMAN O. WEST DRIVE, EXTON PA 19341-1147
Quintin J Lai officer: VP Corp Development & Strategy 530 HERMAN 0. WEST DRIVE, EXTON PA 19341
Silji Abraham officer: Chief Digital & Trans Officer 5000 TOWN CENTER, U, SOUTHFIELD MI 48075
Eric Mark Green officer: Chief Executive Officer 530 HERMAN O. WEST DRIVE, EXTON PA 19341
Bernard Birkett officer: Sr VP, CFO & Treasurer 1600 WEST MERIT PARKWAY, SOUTH JORDAN UT 84095
Thomas W Hofmann director FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Stephen H Lockhart director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Molly Joseph director 9209 GRAND SUMMIT BLVD, DRIPPING SPRINGS TX 78620
Kimberly Banks Mackay officer: SVP, GC & Corporate Secretary 530 HERMAN O. WEST DRIVE, EXTON PA 19341
George Lloyd Miller officer: Sr. VP, GC & Corp. Sec. 530 HERMAN O. WEST DRIVE, EXTON PA 19341
David A Montecalvo officer: SVP, Glob Ops and Supply Chain 530 HERMAN O. WEST DRIVE, EXTON PA 19341
Robert F Friel director 940 WINTER STREET, WALTHAM MA 02451