GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Wingstop Inc (FRA:EWG) » Definitions » Cyclically Adjusted PS Ratio

Wingstop (FRA:EWG) Cyclically Adjusted PS Ratio : 49.11 (As of Jun. 25, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Wingstop Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Wingstop's current share price is €386.00. Wingstop's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.86. Wingstop's Cyclically Adjusted PS Ratio for today is 49.11.

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

FRA:EWG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 21.23   Med: 32.36   Max: 48.69
Current: 48.66

During the past years, Wingstop's highest Cyclically Adjusted PS Ratio was 48.69. The lowest was 21.23. And the median was 32.36.

FRA:EWG's Cyclically Adjusted PS Ratio is ranked worse than
100% of 247 companies
in the Restaurants industry
Industry Median: 0.76 vs FRA:EWG: 48.66

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.

Wingstop's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.550. 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 €7.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wingstop Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wingstop'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.

Wingstop Cyclically Adjusted PS Ratio Chart

Wingstop 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 - - - - 32.23

Wingstop 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 - 26.77 23.20 32.23 42.98

Competitive Comparison of Wingstop's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Wingstop'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.


Wingstop's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wingstop 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=386.00/7.86
=49.11

* 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.

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

For example, Wingstop'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)
=4.55/131.7762*131.7762
=4.550

Current CPI (Mar. 2024) = 131.7762.

Wingstop Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.417 100.560 0.546
201409 0.443 100.428 0.581
201412 0.509 99.070 0.677
201503 0.615 99.621 0.814
201506 0.635 100.684 0.831
201509 0.590 100.392 0.774
201512 0.653 99.792 0.862
201603 0.684 100.470 0.897
201606 0.698 101.688 0.905
201609 0.670 101.861 0.867
201612 1.202 101.863 1.555
201703 1.065 102.862 1.364
201706 0.956 103.349 1.219
201709 0.946 104.136 1.197
201712 1.005 104.011 1.273
201803 1.028 105.290 1.287
201806 1.074 106.317 1.331
201809 1.108 106.507 1.371
201812 1.200 105.998 1.492
201903 1.435 107.251 1.763
201906 1.449 108.070 1.767
201909 1.525 108.329 1.855
201912 1.613 108.420 1.960
202003 1.687 108.902 2.041
202006 1.970 108.767 2.387
202009 1.820 109.815 2.184
202012 1.743 109.897 2.090
202103 1.990 111.754 2.347
202106 2.056 114.631 2.364
202109 1.866 115.734 2.125
202112 2.136 117.630 2.393
202203 2.308 121.301 2.507
202206 2.649 125.017 2.792
202209 3.123 125.227 3.286
202212 3.300 125.222 3.473
202303 3.381 127.348 3.499
202306 3.292 128.729 3.370
202309 3.680 129.860 3.734
202312 3.947 129.419 4.019
202403 4.550 131.776 4.550

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.


Wingstop  (FRA:EWG) 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.


Wingstop Cyclically Adjusted PS Ratio Related Terms

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


Wingstop (FRA:EWG) Business Description

Industry
Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.