GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » WESCO International Inc (NYSE:WCC) » Definitions » Cyclically Adjusted PS Ratio

WESCO International (WESCO International) Cyclically Adjusted PS Ratio : 0.57 (As of Apr. 30, 2024)


View and export this data going back to 1999. Start your Free Trial

What is WESCO International Cyclically Adjusted PS Ratio?

As of today (2024-04-30), WESCO International's current share price is $158.15. WESCO International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $278.07. WESCO International's Cyclically Adjusted PS Ratio for today is 0.57.

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

WCC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.49   Max: 0.74
Current: 0.56

During the past years, WESCO International's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.11. And the median was 0.49.

WCC's Cyclically Adjusted PS Ratio is ranked worse than
51.2% of 125 companies
in the Industrial Distribution industry
Industry Median: 0.55 vs WCC: 0.56

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.

WESCO International's adjusted revenue per share data for the three months ended in Dec. 2023 was $105.258. 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 $278.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WESCO International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WESCO International'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.

WESCO International Cyclically Adjusted PS Ratio Chart

WESCO International 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 0.37 0.45 0.63 0.51 0.63

WESCO International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.51 0.60 0.68 0.53 0.63

Competitive Comparison of WESCO International's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, WESCO International'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.


WESCO International's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

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

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



WESCO International 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.

WESCO International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.15/278.07
=0.57

* 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.

WESCO International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, WESCO International's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=105.258/129.4194*129.4194
=105.258

Current CPI (Dec. 2023) = 129.4194.

WESCO International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 33.928 99.695 44.044
201406 37.497 100.560 48.258
201409 39.031 100.428 50.299
201412 37.689 99.070 49.235
201503 34.798 99.621 45.207
201506 36.930 100.684 47.470
201509 38.696 100.392 49.885
201512 39.152 99.792 50.776
201603 37.937 100.470 48.868
201606 39.311 101.688 50.031
201609 42.769 101.861 54.340
201612 36.435 101.863 46.292
201703 35.882 102.862 45.146
201706 39.151 103.349 49.027
201709 41.841 104.136 52.000
201712 42.019 104.011 52.284
201803 41.882 105.290 51.480
201806 44.248 106.317 53.863
201809 43.534 106.507 52.899
201812 43.580 105.998 53.210
201903 43.113 107.251 52.025
201906 49.071 108.070 58.765
201909 50.689 108.329 60.557
201912 49.694 108.420 59.319
202003 46.789 108.902 55.604
202006 48.783 108.767 58.046
202009 82.037 109.815 96.683
202012 80.660 109.897 94.989
202103 78.160 111.754 90.515
202106 88.391 114.631 99.794
202109 90.819 115.734 101.558
202112 92.749 117.630 102.045
202203 93.947 121.301 100.235
202206 105.048 125.017 108.747
202209 103.929 125.227 107.409
202212 106.078 125.222 109.634
202303 105.179 127.348 106.890
202306 109.647 128.729 110.235
202309 108.130 129.860 107.764
202312 105.258 129.419 105.258

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.


WESCO International  (NYSE:WCC) 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.


WESCO International Cyclically Adjusted PS Ratio Related Terms

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


WESCO International (WESCO International) Business Description

Traded in Other Exchanges
Address
225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.
Executives
Hemant Porwal officer: EVP Supply Chain & Operations 225 W. STATION SQUARE DRIVE, PITTSBURGH PA 15219
Glynis Bryan director 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Easwaran Sundaram director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Squires Nelson John Iii officer: SVP & COO 225 W. STATION SQUARE, PITTSBURGH PA 15219
James Cameron officer: EVP & GM, Util & Broadband 225 W. STATION SQUARE DRIVE, PITTSBURGH PA 15219
Diane Lazzaris officer: Vice President, Legal Affairs WESCO INTERNATIONAL, INC., 225 WEST STATION SQUARE DRIVE, PITTSBURGH PA 15219
John Engel officer: SR. VICE PRESIDENT & COO 225 W. STATION SQUARE DRIVE, SUITE 700, PITTSBURGH PA 15219
Green Equity Investors Vii, L.p. 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Sundaram Nagarajan director 28601 CLEMENS ROAD, WESTLAKE OH 44145
Anne M Cooney director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Christine Ann Wolf officer: SVP & CHRO 7480 FLYING CLOUG DRIVE, MINNEAPOLIS MN 55344
Steven A Raymund director C/O TECH DATA CORP, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Matthew S Kulasa officer: Sr. VP, Corporate Controller 100 E. WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202
Lynn M Utter director C/O ADOLPH COORS CO, 311 10TH ST NH311 BOX 4030, GOLDEN CO 80401
James Louis Singleton director, 10 percent owner THE CYPRESS GROUP L.L.C., 65 EAST 55TH STREET, 28TH FLOOR, NEW YORK NY 10022