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WEX (WEX) Cyclically Adjusted PS Ratio : 2.87 (As of May. 28, 2025)


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What is WEX Cyclically Adjusted PS Ratio?

As of today (2025-05-28), WEX's current share price is $137.32. WEX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $47.78. WEX's Cyclically Adjusted PS Ratio for today is 2.87.

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

WEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.58   Med: 6.22   Max: 10.16
Current: 2.87

During the past years, WEX's highest Cyclically Adjusted PS Ratio was 10.16. The lowest was 2.58. And the median was 6.22.

WEX's Cyclically Adjusted PS Ratio is ranked worse than
58.14% of 1376 companies
in the Software industry
Industry Median: 2.1 vs WEX: 2.87

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.

WEX's adjusted revenue per share data for the three months ended in Mar. 2025 was $16.157. 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 $47.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


WEX Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WEX'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.

WEX Cyclically Adjusted PS Ratio Chart

WEX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.52 4.46 4.46 4.69 3.79

WEX Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.51 4.00 4.62 3.79 3.29

Competitive Comparison of WEX's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, WEX'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.


WEX's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, WEX's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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WEX 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=137.32/47.78
=2.87

* 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.

WEX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, WEX's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=16.157/134.9266*134.9266
=16.157

Current CPI (Mar. 2025) = 134.9266.

WEX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.507 100.684 7.380
201509 5.825 100.392 7.829
201512 5.478 99.792 7.407
201603 5.301 100.470 7.119
201606 6.020 101.688 7.988
201609 6.712 101.861 8.891
201612 6.616 101.863 8.764
201703 6.757 102.862 8.863
201706 7.057 103.349 9.213
201709 7.517 104.136 9.740
201712 7.633 104.011 9.902
201803 8.148 105.290 10.442
201806 8.515 106.317 10.806
201809 8.864 106.507 11.229
201812 8.739 105.998 11.124
201903 8.764 107.251 11.026
201906 10.096 108.070 12.605
201909 10.499 108.329 13.077
201912 10.017 108.420 12.466
202003 9.943 108.902 12.319
202006 7.928 108.767 9.835
202009 8.652 109.815 10.630
202012 9.025 109.897 11.081
202103 9.263 111.754 11.184
202106 10.259 114.631 12.075
202109 10.662 115.734 12.430
202112 11.009 117.630 12.628
202203 11.424 121.301 12.707
202206 13.264 125.017 14.315
202209 13.939 125.227 15.019
202212 14.126 125.222 15.221
202303 14.037 127.348 14.872
202306 14.316 128.729 15.005
202309 15.009 129.860 15.595
202312 15.534 129.419 16.195
202403 15.394 131.776 15.762
202406 16.036 132.554 16.323
202409 16.311 133.029 16.544
202412 15.873 133.157 16.084
202503 16.157 134.927 16.157

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.


WEX  (NYSE:WEX) 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.


WEX Cyclically Adjusted PS Ratio Related Terms

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


WEX Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WEX Inc (NYSE:WEX) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
1 Hancock Street, Portland, ME, USA, 04101
WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
Executives
Melanie J Tinto officer: Chief Human Resources Officer C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Robert Joseph Deshaies officer: President, WEX Health C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Jagtar Narula officer: Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Ann Elena Drew officer: Chief Risk and Compliance C/0 WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Jennifer Kimball officer: Interim CFO C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Carlos Carriedo officer: COO, International C/0 WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Hilary A Rapkin officer: SVP, Gen. Counsel & Corp. Sec. C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melissa D Goodwin officer: SVP, Finance and CFO C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Jack Vanwoerkom director
Stephen Montgomery Smith director C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
James R Groch director 50 SOUTH 16TH STREET, SUITE 3000, PHILADELPHIA PA 19102
Regina O Sommer director 201 JONES RD, WALTHAM MA 02451
David G Cooper officer: Chief Technology Officer C/O WEX INC., 9, SOUTH PORTLAND ME 04106
Derrick A. Roman director C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Karen B. Stroup officer: Chief Digital Officer 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202