Wajax (TSX:WJX) Cyclically Adjusted PS Ratio: 0.37 (As of Aug. 07, 2026) — 37% Above Median

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TSX:WJX Wajax Corp TSX:WJX
78 GF Score
Price C$34.26
GF Value C$25.72
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Wajax Cyclically Adjusted PS Ratio?

Wajax TSX:WJX -1.72% 78 Cyclically Adjusted PS Ratio is 0.37 as of Aug. 07, 2026, which is 37% above its 10-year median of 0.27. GuruFocus rates TSX:WJX with a GF Score™ of 78/100 and a GF Value™ of C$25.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 128 Industrial Distribution companies, Wajax ranks better than 61.72% on this metric.

As of today (2026-08-07), Wajax's current share price is C$34.26. Wajax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$91.96. Wajax's Cyclically Adjusted PS Ratio for today is 0.37.

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

TSX:WJX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.27   Max: 0.39
Current: 0.37

During the past years, Wajax's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.07. And the median was 0.27.

TSX:WJX's Cyclically Adjusted PS Ratio is ranked better than
61.72% of 128 companies
in the Industrial Distribution industry
Industry Median: 0.52 vs TSX:WJX: 0.37

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.

Wajax's adjusted revenue per share data for the three months ended in Mar. 2026 was C$22.475. 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 C$91.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wajax  (TSX:WJX) 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.


Wajax Cyclically Adjusted PS Ratio Related Terms


Wajax Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wajax'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.

Wajax Cyclically Adjusted PS Ratio Chart

Wajax Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.23 0.35 0.24 0.30

Wajax Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.20 0.26 0.27 0.30 0.35

TSX:WJX vs GWW, FAST, FERG: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, Wajax'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.


Wajax Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wajax's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:WJX
78GF Score
Wajax Corp TSX:WJX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wajax 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.26/91.96
=0.37

* 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.

Wajax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Wajax's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.475/132.2623*132.2623
=22.475

Current CPI (Mar. 2026) = 132.2623.

Wajax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.649 102.002 21.588
201609 14.221 101.765 18.483
201612 15.417 101.449 20.100
201703 15.822 102.634 20.390
201706 16.169 103.029 20.757
201709 14.840 103.345 18.992
201712 18.515 103.345 23.696
201803 16.972 105.004 21.378
201806 18.884 105.557 23.662
201809 18.135 105.636 22.706
201812 19.122 105.399 23.996
201903 18.411 106.979 22.762
201906 20.085 107.690 24.668
201909 17.890 107.611 21.988
201912 19.732 107.769 24.217
202003 16.871 107.927 20.675
202006 17.443 108.401 21.282
202009 16.605 108.164 20.304
202012 18.526 108.559 22.571
202103 17.888 110.298 21.450
202106 20.236 111.720 23.957
202109 18.179 112.905 21.296
202112 18.065 113.774 21.001
202203 19.864 117.646 22.332
202206 23.033 120.806 25.217
202209 21.999 120.648 24.117
202212 22.051 120.964 24.111
202303 23.294 122.702 25.109
202306 26.430 124.203 28.145
202309 22.917 125.230 24.204
202312 24.126 125.072 25.513
202403 21.664 126.258 22.694
202406 25.559 127.522 26.509
202409 21.612 127.285 22.457
202412 25.713 127.364 26.702
202503 25.008 129.181 25.605
202506 24.652 129.892 25.102
202509 21.675 130.287 22.004
202512 25.068 130.366 25.433
202603 22.475 132.262 22.475

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.

What does a Cyclically Adjusted PS Ratio of 0.37 mean?
Wajax (TSX:WJX) has a Cyclically Adjusted PS Ratio of 0.37 as of Aug. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Wajax and its competitors. This is 37% above median its historical median of 0.27. Over the past decade, Wajax's Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.39. According to the industry distribution chart, Wajax ranks #49 out of 128 companies in the Industrial Distribution industry, placing it in the top 38.3%.
Is Wajax's Cyclically Adjusted PS Ratio too high?
Wajax's current Cyclically Adjusted PS Ratio of 0.37 is 37% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.39. The Industrial Distribution industry median Cyclically Adjusted PS Ratio is 0.52. Wajax's value of 0.37 is 28.8% below this industry median. Based on the distribution chart, Wajax ranks #49 out of 128 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Wajax has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wajax's Cyclically Adjusted PS Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Wajax ranks #49 out of 128 companies for Cyclically Adjusted PS Ratio. This puts Wajax in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.52. Wajax's value of 0.37 is 28.8% below this benchmark. Historically, Wajax's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.39 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.52, Wajax has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Industrial Distribution company?
The median Cyclically Adjusted PS Ratio among Industrial Distribution companies is 0.52, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wajax's current Cyclically Adjusted PS Ratio of 0.37 is 28.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Wajax and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PS Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wajax's current Cyclically Adjusted PS Ratio is 0.37, which is 37% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wajax stock overvalued right now?
Based on GuruFocus' analysis, Wajax (TSX:WJX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$25.72, compared to a current price of C$34.26 — trading 33.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 37% above median its 10-year median of 0.27 and 28.8% below the Industrial Distribution industry median of 0.52. Wajax's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Wajax (TSX:WJX), the current Cyclically Adjusted PS Ratio is 0.37 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wajax (TSX:WJX) Overvalued in 2026?

Based on GuruFocus' analysis, Wajax stock appears to be overvalued. The current stock price of C$34.26 is trading 33.2% above its estimated GF Value™ of C$25.72. GuruFocus considers Wajax to be Significantly Overvalued.

Key valuation signals for TSX:WJX:

  • Cyclically Adjusted PS Ratio: 0.37 (37% above median its 10-year median of 0.27)
  • GF Value™: C$25.72 vs. price of C$34.26 (33.2% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 28.8% below the Industrial Distribution median (#49 of 128)

No single metric tells the full story. See the TSX:WJX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wajax Business Description

Other Exchanges WJXFF:USA
Address 10 Diesel Drive, Toronto, ON, CAN, M8W 2T8
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.
78GF Score

Get the complete analysis for TSX:WJX

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$34.26
Price
C$25.72
GF Value