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Westbridge Renewable Energy (TSXV:WEB) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is Westbridge Renewable Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Westbridge Renewable Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Westbridge Renewable Energy'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.

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Westbridge Renewable Energy Cyclically Adjusted PS Ratio Chart

Westbridge Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
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Westbridge Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Westbridge Renewable Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Westbridge Renewable Energy'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.


Westbridge Renewable Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Renewable Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Westbridge Renewable Energy 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.

Westbridge Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Westbridge Renewable Energy's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0/125.4675*125.4675
=0.000

Current CPI (Feb. 2024) = 125.4675.

Westbridge Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.003 98.604 0.004
201406 0.024 99.473 0.030
201409 0.014 99.394 0.018
201412 0.015 98.367 0.019
201503 0.007 99.789 0.009
201506 0.005 100.500 0.006
201509 0.006 100.421 0.007
201512 0.009 99.947 0.011
201603 0.001 101.054 0.001
201606 0.001 102.002 0.001
201609 0.000 101.765 0.000
201612 0.001 101.449 0.001
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.000 107.611 0.000
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.000 110.298 0.000
202108 0.000 112.668 0.000
202111 0.000 113.932 0.000
202202 0.000 115.986 0.000
202205 0.000 120.016 0.000
202208 0.000 120.569 0.000
202211 0.000 121.675 0.000
202302 0.000 122.070 0.000
202305 0.000 124.045 0.000
202308 0.000 125.389 0.000
202311 0.000 125.468 0.000
202402 0.000 125.468 0.000

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.


Westbridge Renewable Energy  (TSXV:WEB) 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.


Westbridge Renewable Energy Cyclically Adjusted PS Ratio Related Terms

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Westbridge Renewable Energy (TSXV:WEB) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.
Executives
Pandelis Vassilakakis Senior Officer