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Williams (BSP:W1MB34) Cyclically Adjusted PS Ratio : 3.87 (As of Apr. 30, 2024)


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What is Williams Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Williams's current share price is R$199.60. Williams's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$51.58. Williams's Cyclically Adjusted PS Ratio for today is 3.87.

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

BSP:W1MB34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.37   Max: 4.01
Current: 3.7

During the past years, Williams's highest Cyclically Adjusted PS Ratio was 4.01. The lowest was 0.96. And the median was 2.37.

BSP:W1MB34's Cyclically Adjusted PS Ratio is ranked worse than
85.75% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs BSP:W1MB34: 3.70

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.

Williams's adjusted revenue per share data for the three months ended in Dec. 2023 was R$11.155. 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 R$51.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Williams'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.

Williams Cyclically Adjusted PS Ratio Chart

Williams 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 2.12 1.89 2.45 3.09 3.29

Williams 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 3.09 2.78 3.04 3.14 3.29

Competitive Comparison of Williams's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Williams'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.


Williams's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Williams's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Williams 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=199.60/51.58
=3.87

* 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.

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

For example, Williams'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)
=11.155/129.4194*129.4194
=11.155

Current CPI (Dec. 2023) = 129.4194.

Williams Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.903 99.695 7.663
201406 5.355 100.560 6.892
201409 6.432 100.428 8.289
201412 7.520 99.070 9.824
201503 7.168 99.621 9.312
201506 7.602 100.684 9.772
201509 9.365 100.392 12.073
201512 10.381 99.792 13.463
201603 8.181 100.470 10.538
201606 7.917 101.688 10.076
201609 8.243 101.861 10.473
201612 9.817 101.863 12.473
201703 7.523 102.862 9.465
201706 7.652 103.349 9.582
201709 7.142 104.136 8.876
201712 8.849 104.011 11.011
201803 8.247 105.290 10.137
201806 9.499 106.317 11.563
201809 9.218 106.507 11.201
201812 7.054 105.998 8.613
201903 6.500 107.251 7.844
201906 6.482 108.070 7.763
201909 6.782 108.329 8.102
201912 7.122 108.420 8.501
202003 7.706 108.902 9.158
202006 7.608 108.767 9.053
202009 8.589 109.815 10.122
202012 8.848 109.897 10.420
202103 12.092 111.754 14.003
202106 9.429 114.631 10.645
202109 10.727 115.734 11.995
202112 15.094 117.630 16.607
202203 10.285 121.301 10.973
202206 10.280 125.017 10.642
202209 12.958 125.227 13.392
202212 12.554 125.222 12.975
202303 13.092 127.348 13.305
202306 9.879 128.729 9.932
202309 10.359 129.860 10.324
202312 11.155 129.419 11.155

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.


Williams  (BSP:W1MB34) 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.


Williams Cyclically Adjusted PS Ratio Related Terms

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


Williams (BSP:W1MB34) Business Description

Industry
Traded in Other Exchanges
Address
One Williams Center, PO Box 2400, Tulsa, OK, USA, 74172
Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.

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