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Houston Wire & Cable Co (Houston Wire & Cable Co) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Houston Wire & Cable Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Houston Wire & Cable Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Houston Wire & Cable 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.

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Houston Wire & Cable Co Cyclically Adjusted PS Ratio Chart

Houston Wire & Cable Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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Houston Wire & Cable Co Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Houston Wire & Cable Co's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, Houston Wire & Cable 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.


Houston Wire & Cable Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Houston Wire & Cable Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Houston Wire & Cable Co's Cyclically Adjusted PS Ratio falls into.



Houston Wire & Cable 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.

Houston Wire & Cable Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Houston Wire & Cable Co's adjusted Revenue per Share data for the three months ended in Mar. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=4.005/111.7544*111.7544
=4.005

Current CPI (Mar. 2021) = 111.7544.

Houston Wire & Cable Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 5.805 95.235 6.812
201109 5.938 95.727 6.932
201112 4.915 95.213 5.769
201203 5.302 96.783 6.122
201206 5.508 96.819 6.358
201209 5.395 97.633 6.175
201212 5.855 96.871 6.755
201303 5.285 98.209 6.014
201306 5.550 98.518 6.296
201309 5.340 98.790 6.041
201312 5.268 98.326 5.987
201403 5.590 99.695 6.266
201406 5.841 100.560 6.491
201409 5.493 100.428 6.113
201412 5.120 99.070 5.776
201503 4.696 99.621 5.268
201506 4.558 100.684 5.059
201509 4.584 100.392 5.103
201512 4.211 99.792 4.716
201603 3.926 100.470 4.367
201606 3.812 101.688 4.189
201609 4.001 101.861 4.390
201612 4.271 101.863 4.686
201703 4.846 102.862 5.265
201706 4.651 103.349 5.029
201709 4.989 104.136 5.354
201712 5.041 104.011 5.416
201803 5.177 105.290 5.495
201806 5.691 106.317 5.982
201809 5.438 106.507 5.706
201812 5.290 105.998 5.577
201903 5.144 107.251 5.360
201906 5.141 108.070 5.316
201909 5.194 108.329 5.358
201912 4.976 108.420 5.129
202003 5.082 108.902 5.215
202006 4.061 108.767 4.173
202009 4.263 109.815 4.338
202012 3.918 109.897 3.984
202103 4.005 111.754 4.005

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.


Houston Wire & Cable Co  (NAS:HWCC) 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.


Houston Wire & Cable Co Cyclically Adjusted PS Ratio Related Terms

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Houston Wire & Cable Co (Houston Wire & Cable Co) Business Description

Traded in Other Exchanges
N/A
Address
10201 North Loop East, Houston, TX, USA, 77029
Houston Wire & Cable Co is a distributor of electrical and mechanical wire and cable in the U.S. industrial market. The company offers products in most categories of wire and cable, including continuous and interlocked armor cable; electronic wire and cable; flexible and portable cord; instrumentation and thermocouple cable; primary and secondary aluminum distribution cable, hardware and corrosion-resistant products including inch and metric bolts, screws, nuts, washers, rivets, and hose clamps. It has three target markets: utility market, industrial market, and infrastructure market.
Executives
Roy W Haley director COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219
G Gary Yetman director P.O. BOX 2139 EDWARDS CO 81632
William H Sheffield director 401 QUEENS QUAY WEST SUITE 104 TORONTO A6 M5V 2Y2
Eric Wayne Davis officer: INTERIM CFO & CAO 10201 NORTH LOOP EAST HOUSTON TX 77029
Jerry Michael Zurovchak officer: SENIOR VP & COO 10201 NORTH LOOP EAST HOUSTON TX 77029
Christopher M. Micklas officer: VP & CFO ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Pokluda James L Iii director 10201 N. LOOP EAST HOUSTON TX 77029
Sandford W. Rothe director 1 GOOSEBERRY LANE CHERRY HILLS VILLAGE CO 80113
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Co 10 percent owner 19605 NE 8TH ST, CAMAS WA 98607
Margaret Laird director 1283 BLACKBIRD COURT BOULDER CO 80303
Robert L Reymond director 10721 W. 118TH TERRACE OVERLAND PARK KS 66210
Michael T Campbell director HOUSTON WIRE & CABLE COMPANY, 10201 NORTH LOOP EAST, HOUSTON TX 77029
Mark A Ruelle director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Nicol G Graham officer: VP, CFO, TREASURER & SECRETARY 10201 NORTH LOOP EAST HOUSTON TX 77029

Houston Wire & Cable Co (Houston Wire & Cable Co) Headlines