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Westlake (Westlake) Cyclically Adjusted Revenue per Share : $76.82 (As of Dec. 2023)


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What is Westlake Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Westlake's adjusted revenue per share for the three months ended in Dec. 2023 was $21.930. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $76.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Westlake's average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Westlake was 18.10% per year. The lowest was 4.30% per year. And the median was 11.20% per year.

As of today (2024-04-28), Westlake's current stock price is $149.55. Westlake's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $76.82. Westlake's Cyclically Adjusted PS Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Westlake was 3.71. The lowest was 0.78. And the median was 1.89.


Westlake Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Westlake's Cyclically Adjusted Revenue per Share 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.

Westlake Cyclically Adjusted Revenue per Share Chart

Westlake Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.06 46.66 55.91 68.42 76.82

Westlake Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 68.42 71.35 73.74 75.83 76.82

Competitive Comparison of Westlake's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Westlake'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.


Westlake's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Westlake Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Westlake'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)
=21.93/129.4194*129.4194
=21.930

Current CPI (Dec. 2023) = 129.4194.

Westlake Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.691 99.695 9.984
201406 7.465 100.560 9.607
201409 9.363 100.428 12.066
201412 8.518 99.070 11.127
201503 8.284 99.621 10.762
201506 8.907 100.684 11.449
201509 8.992 100.392 11.592
201512 7.539 99.792 9.777
201603 7.467 100.470 9.619
201606 8.356 101.688 10.635
201609 9.886 101.861 12.561
201612 13.394 101.863 17.017
201703 14.982 102.862 18.850
201706 15.248 103.349 19.094
201709 16.237 104.136 20.179
201712 15.552 104.011 19.351
201803 16.514 105.290 20.299
201806 17.152 106.317 20.879
201809 17.339 106.507 21.069
201812 15.418 105.998 18.825
201903 15.708 107.251 18.955
201906 16.640 108.070 19.927
201909 16.071 108.329 19.200
201912 14.629 108.420 17.462
202003 15.042 108.902 17.876
202006 13.370 108.767 15.909
202009 14.833 109.815 17.481
202012 15.335 109.897 18.059
202103 18.345 111.754 21.245
202106 22.184 114.631 25.046
202109 23.725 115.734 26.530
202112 27.257 117.630 29.989
202203 31.460 121.301 33.566
202206 34.660 125.017 35.881
202209 30.727 125.227 31.756
202212 25.699 125.222 26.560
202303 26.125 127.348 26.550
202306 25.303 128.729 25.439
202309 24.225 129.860 24.143
202312 21.930 129.419 21.930

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Westlake  (NYSE:WLK) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Westlake's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=149.55/76.82
=1.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Westlake was 3.71. The lowest was 0.78. And the median was 1.89.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Westlake Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Westlake's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Westlake (Westlake) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Westlake Corp (NYSE:WLK) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Corp is a manufacturer and global supplier of chemicals, polymers and building products. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and global compounds businesses.
Executives
Robert F. Buesinger officer: Sr. Vice President, Vinyls 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Tsung-hung Chao director, 10 percent owner 1000 UPTOWN PARK BLVD. #34, HOUSTON TX 77056
Kimberly S Lubel director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: SVP, Ops - PEM & Corp Logistic 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Catherine T. Chao director, 10 percent owner 5815 NE 32ND AVE, PORTLAND OR 97211
Carolyn Chao Sabat director, 10 percent owner 3019 CHEVY CHASE DR., HOUSTON TX 77019
Albert Chao director, officer: President and CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Roger L. Kearns officer: EVP, Vinyls Chemicals 2801 POST OAK BLVD., HOUSTON TX 77056
L. Benjamin Ederington officer: VP, General Counsel, Corp Secy 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender officer: Vice President/Treasurer 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: Vice President, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Andrew Kenner officer: VP -- Manufacturing 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
George J Mangieri officer: Vice President and Controller 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056