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WashTec AG (WashTec AG) Cyclically Adjusted PS Ratio : 1.22 (As of Jun. 22, 2024)


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What is WashTec AG Cyclically Adjusted PS Ratio?

As of today (2024-06-22), WashTec AG's current share price is $42.00. WashTec AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $34.36. WashTec AG's Cyclically Adjusted PS Ratio for today is 1.22.

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

WHTAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.73   Max: 3.44
Current: 1.08

During the past years, WashTec AG's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 0.86. And the median was 1.73.

WHTAF's Cyclically Adjusted PS Ratio is ranked better than
59.25% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs WHTAF: 1.08

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.

WashTec AG's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.184. 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 $34.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WashTec AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WashTec AG'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.

WashTec AG Cyclically Adjusted PS Ratio Chart

WashTec AG 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 1.96 1.62 1.82 1.03 0.90

WashTec AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.20 1.04 0.96 0.90 1.09

Competitive Comparison of WashTec AG's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, WashTec AG'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.


WashTec AG's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



WashTec AG 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.

WashTec AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.00/34.36
=1.22

* 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.

WashTec AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, WashTec AG's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.184/125.0381*125.0381
=8.184

Current CPI (Mar. 2024) = 125.0381.

WashTec AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.522 99.543 9.449
201409 6.866 99.823 8.600
201412 7.654 99.543 9.614
201503 5.868 99.717 7.358
201506 6.850 100.417 8.530
201509 6.866 100.417 8.549
201512 7.756 99.717 9.726
201603 6.393 100.017 7.992
201606 7.760 100.717 9.634
201609 7.595 101.017 9.401
201612 8.906 101.217 11.002
201703 8.089 101.417 9.973
201706 9.122 102.117 11.170
201709 9.138 102.717 11.124
201712 9.951 102.617 12.125
201803 8.433 102.917 10.246
201806 9.480 104.017 11.396
201809 9.822 104.718 11.728
201812 10.431 104.217 12.515
201903 7.797 104.217 9.355
201906 9.011 105.718 10.658
201909 9.059 106.018 10.684
201912 10.574 105.818 12.495
202003 7.211 105.718 8.529
202006 7.413 106.618 8.694
202009 8.265 105.818 9.766
202012 9.941 105.518 11.780
202103 7.544 107.518 8.773
202106 9.925 108.486 11.439
202109 9.783 109.435 11.178
202112 10.489 110.384 11.882
202203 8.314 113.968 9.122
202206 9.395 115.760 10.148
202209 8.776 118.818 9.235
202212 11.374 119.345 11.917
202303 8.734 122.402 8.922
202306 10.289 123.140 10.448
202309 9.604 124.195 9.669
202312 10.822 123.773 10.933
202403 8.184 125.038 8.184

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.


WashTec AG  (OTCPK:WHTAF) 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.


WashTec AG Cyclically Adjusted PS Ratio Related Terms

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


WashTec AG (WashTec AG) Business Description

Traded in Other Exchanges
Address
Argonstrasse 7, Augsburg, DEU, 86153
WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

WashTec AG (WashTec AG) Headlines

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