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Watkin Jones (LSE:WJG) Cyclically Adjusted PS Ratio : 0.32 (As of May. 22, 2024)


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What is Watkin Jones Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Watkin Jones's current share price is £0.505. Watkin Jones's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was £1.56. Watkin Jones's Cyclically Adjusted PS Ratio for today is 0.32.

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

LSE:WJG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.37   Max: 1.1
Current: 0.34

During the past 11 years, Watkin Jones's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.22. And the median was 0.37.

LSE:WJG's Cyclically Adjusted PS Ratio is ranked better than
79.22% of 77 companies
in the Homebuilding & Construction industry
Industry Median: 0.86 vs LSE:WJG: 0.34

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.

Watkin Jones's adjusted revenue per share data of for the fiscal year that ended in Sep23 was £1.611. 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 £1.56 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watkin Jones Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Watkin Jones'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.

Watkin Jones Cyclically Adjusted PS Ratio Chart

Watkin Jones 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 - - - 1.10 0.26

Watkin Jones Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - 1.10 - 0.26

Competitive Comparison of Watkin Jones's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Watkin Jones'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.


Watkin Jones's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Watkin Jones 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.

Watkin Jones's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.505/1.56
=0.32

* 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.

Watkin Jones's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Watkin Jones's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.611/130.1000*130.1000
=1.611

Current CPI (Sep23) = 130.1000.

Watkin Jones Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.891 100.000 1.159
201509 0.958 100.200 1.244
201609 1.046 101.500 1.341
201709 1.183 104.300 1.476
201809 1.422 106.600 1.735
201909 1.464 108.400 1.757
202009 1.382 109.200 1.647
202109 1.676 112.400 1.940
202209 1.579 122.300 1.680
202309 1.611 130.100 1.611

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.


Watkin Jones  (LSE:WJG) 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.


Watkin Jones Cyclically Adjusted PS Ratio Related Terms

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


Watkin Jones (LSE:WJG) Business Description

Traded in Other Exchanges
Address
7-9 Swallow Street, London, GBR, W1B 4DE
Watkin Jones PLC is a developer and constructor of multi-occupancy property assets, with a focus on the student accommodation sector. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, and Accommodation management. The majority of its revenue is derived from the Student accommodation and build-to-rent segments.

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