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Wolverine World Wide (FRA:WW4) Cyclically Adjusted PS Ratio : 0.42 (As of Jun. 14, 2024)


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What is Wolverine World Wide Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Wolverine World Wide's current share price is €12.10. Wolverine World Wide's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €28.75. Wolverine World Wide's Cyclically Adjusted PS Ratio for today is 0.42.

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

FRA:WW4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.26   Max: 2.49
Current: 0.4

During the past years, Wolverine World Wide's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.23. And the median was 1.26.

FRA:WW4's Cyclically Adjusted PS Ratio is ranked better than
64.03% of 873 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs FRA:WW4: 0.40

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.

Wolverine World Wide's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.553. 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 €28.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wolverine World Wide Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wolverine World Wide'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.

Wolverine World Wide Cyclically Adjusted PS Ratio Chart

Wolverine World Wide 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 1.40 1.24 1.03 0.35 0.28

Wolverine World Wide 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 0.54 0.46 0.25 0.28 0.35

Competitive Comparison of Wolverine World Wide's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Wolverine World Wide'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.


Wolverine World Wide's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wolverine World Wide 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.

Wolverine World Wide's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.10/28.75
=0.42

* 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.

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

For example, Wolverine World Wide'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)
=4.553/131.7762*131.7762
=4.553

Current CPI (Mar. 2024) = 131.7762.

Wolverine World Wide Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.515 100.560 5.917
201409 5.518 100.428 7.240
201412 6.534 99.070 8.691
201503 5.788 99.621 7.656
201506 5.526 100.684 7.232
201509 5.971 100.392 7.838
201512 7.154 99.792 9.447
201603 5.392 100.470 7.072
201606 5.406 101.688 7.006
201609 5.551 101.861 7.181
201612 7.212 101.863 9.330
201703 5.759 102.862 7.378
201706 5.540 103.349 7.064
201709 5.091 104.136 6.442
201712 5.223 104.011 6.617
201803 4.531 105.290 5.671
201806 5.108 106.317 6.331
201809 5.023 106.507 6.215
201812 5.431 105.998 6.752
201903 5.046 107.251 6.200
201906 5.699 108.070 6.949
201909 6.215 108.329 7.560
201912 6.446 108.420 7.835
202003 4.848 108.902 5.866
202006 3.832 108.767 4.643
202009 5.137 109.815 6.164
202012 5.171 109.897 6.200
202103 5.156 111.754 6.080
202106 6.274 114.631 7.212
202109 6.576 115.734 7.487
202112 6.777 117.630 7.592
202203 6.816 121.301 7.405
202206 8.449 125.017 8.906
202209 8.851 125.227 9.314
202212 7.966 125.222 8.383
202303 7.069 127.348 7.315
202306 6.839 128.729 7.001
202309 6.220 129.860 6.312
202312 6.083 129.419 6.194
202403 4.553 131.776 4.553

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.


Wolverine World Wide  (FRA:WW4) 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.


Wolverine World Wide Cyclically Adjusted PS Ratio Related Terms

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


Wolverine World Wide (FRA:WW4) Business Description

Traded in Other Exchanges
Address
9341 Courtland Drive N.E., Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.

Wolverine World Wide (FRA:WW4) Headlines

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