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WaFd (FRA:WAO) Cyclically Adjusted PS Ratio : 3.18 (As of Jun. 19, 2024)


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What is WaFd Cyclically Adjusted PS Ratio?

As of today (2024-06-19), WaFd's current share price is €24.60. WaFd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.74. WaFd's Cyclically Adjusted PS Ratio for today is 3.18.

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

FRA:WAO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 5.48   Max: 7.83
Current: 3.14

During the past years, WaFd's highest Cyclically Adjusted PS Ratio was 7.83. The lowest was 2.99. And the median was 5.48.

FRA:WAO's Cyclically Adjusted PS Ratio is ranked worse than
70.79% of 1195 companies
in the Banks industry
Industry Median: 2.32 vs FRA:WAO: 3.14

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.

WaFd's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.238. 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 €7.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WaFd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WaFd'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.

WaFd Cyclically Adjusted PS Ratio Chart

WaFd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.01 3.77 5.59 4.18 3.17

WaFd 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 3.94 3.37 3.17 4.02 3.44

Competitive Comparison of WaFd's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, WaFd'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.


WaFd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WaFd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



WaFd 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.60/7.74
=3.18

* 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.

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

For example, WaFd'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)
=2.238/131.7762*131.7762
=2.238

Current CPI (Mar. 2024) = 131.7762.

WaFd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.808 100.560 1.059
201409 0.862 100.428 1.131
201412 0.885 99.070 1.177
201503 1.110 99.621 1.468
201506 1.085 100.684 1.420
201509 1.171 100.392 1.537
201512 1.167 99.792 1.541
201603 1.179 100.470 1.546
201606 1.166 101.688 1.511
201609 1.159 101.861 1.499
201612 1.220 101.863 1.578
201703 1.236 102.862 1.583
201706 1.217 103.349 1.552
201709 1.232 104.136 1.559
201712 1.189 104.011 1.506
201803 1.226 105.290 1.534
201806 1.346 106.317 1.668
201809 1.352 106.507 1.673
201812 1.488 105.998 1.850
201903 1.461 107.251 1.795
201906 1.505 108.070 1.835
201909 1.560 108.329 1.898
201912 1.893 108.420 2.301
202003 1.573 108.902 1.903
202006 1.530 108.767 1.854
202009 1.424 109.815 1.709
202012 1.452 109.897 1.741
202103 1.544 111.754 1.821
202106 1.635 114.631 1.880
202109 1.920 115.734 2.186
202112 2.077 117.630 2.327
202203 2.093 121.301 2.274
202206 2.455 125.017 2.588
202209 2.896 125.227 3.047
202212 2.838 125.222 2.987
202303 2.635 127.348 2.727
202306 2.593 128.729 2.654
202309 2.574 129.860 2.612
202312 2.399 129.419 2.443
202403 2.238 131.776 2.238

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.


WaFd  (FRA:WAO) 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.


WaFd Cyclically Adjusted PS Ratio Related Terms

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


WaFd (FRA:WAO) Business Description

Industry
Traded in Other Exchanges
Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Geographically It operates in Washington, Oregon, Arizona, Texas, Utah. New Mexico, Nevada, Idaho and others. WaFd Inc provides, Personal Banking, Business Banking, Commercial Banking and Home Loans.

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