GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sherwin-Williams Co (BSP:S1HW34) » Definitions » Cyclically Adjusted PS Ratio

Sherwin-Williams Co (BSP:S1HW34) Cyclically Adjusted PS Ratio : 4.51 (As of Apr. 29, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Sherwin-Williams Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Sherwin-Williams Co's current share price is R$156.48. Sherwin-Williams Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$34.70. Sherwin-Williams Co's Cyclically Adjusted PS Ratio for today is 4.51.

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

BSP:S1HW34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.37   Med: 3.61   Max: 6.39
Current: 4.31

During the past years, Sherwin-Williams Co's highest Cyclically Adjusted PS Ratio was 6.39. The lowest was 2.37. And the median was 3.61.

BSP:S1HW34's Cyclically Adjusted PS Ratio is ranked worse than
85.83% of 1193 companies
in the Chemicals industry
Industry Median: 1.2 vs BSP:S1HW34: 4.31

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.

Sherwin-Williams Co's adjusted revenue per share data for the three months ended in Dec. 2023 was R$10.021. 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 R$34.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sherwin-Williams Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sherwin-Williams Co'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.

Sherwin-Williams Co Cyclically Adjusted PS Ratio Chart

Sherwin-Williams Co 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 4.42 5.05 6.27 3.69 4.39

Sherwin-Williams Co 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 3.37 3.87 3.62 4.39 -

Competitive Comparison of Sherwin-Williams Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Sherwin-Williams Co'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.


Sherwin-Williams Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's Cyclically Adjusted PS Ratio falls into.



Sherwin-Williams Co 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.

Sherwin-Williams Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=156.48/34.7
=4.51

* 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.

Sherwin-Williams Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sherwin-Williams Co'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)
=10.021/129.4194*129.4194
=10.021

Current CPI (Dec. 2023) = 129.4194.

Sherwin-Williams Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.819 99.695 2.361
201406 2.302 100.560 2.963
201409 2.539 100.428 3.272
201412 2.287 99.070 2.988
201503 2.693 99.621 3.499
201506 3.434 100.684 4.414
201509 4.343 100.392 5.599
201512 3.590 99.792 4.656
201603 3.371 100.470 4.342
201606 3.881 101.688 4.939
201609 3.752 101.861 4.767
201612 3.285 101.863 4.174
201703 3.045 102.862 3.831
201706 4.321 103.349 5.411
201709 4.943 104.136 6.143
201712 4.589 104.011 5.710
201803 4.536 105.290 5.576
201806 6.324 106.317 7.698
201809 6.811 106.507 8.276
201812 5.571 105.998 6.802
201903 5.523 107.251 6.665
201906 6.701 108.070 8.025
201909 7.141 108.329 8.531
201912 6.040 108.420 7.210
202003 7.273 108.902 8.643
202006 8.658 108.767 10.302
202009 10.011 109.815 11.798
202012 8.456 109.897 9.958
202103 9.696 111.754 11.229
202106 10.102 114.631 11.405
202109 10.191 115.734 11.396
202112 10.197 117.630 11.219
202203 9.455 121.301 10.088
202206 11.322 125.017 11.721
202209 12.145 125.227 12.552
202212 10.528 125.222 10.881
202303 10.915 127.348 11.093
202306 11.699 128.729 11.762
202309 11.691 129.860 11.651
202312 10.021 129.419 10.021

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.


Sherwin-Williams Co  (BSP:S1HW34) 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.


Sherwin-Williams Co Cyclically Adjusted PS Ratio Related Terms

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


Sherwin-Williams Co (BSP:S1HW34) Business Description

Traded in Other Exchanges
Address
101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075
Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 4,900 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Sherwin-Williams Co (BSP:S1HW34) Headlines

No Headlines