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Westshore Terminals Investment (TSX:WTE) Cyclically Adjusted PS Ratio : 4.41 (As of Apr. 28, 2024)


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What is Westshore Terminals Investment Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Westshore Terminals Investment's current share price is C$26.16. Westshore Terminals Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$5.93. Westshore Terminals Investment's Cyclically Adjusted PS Ratio for today is 4.41.

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

TSX:WTE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.84   Med: 5.42   Max: 10.28
Current: 4.41

During the past years, Westshore Terminals Investment's highest Cyclically Adjusted PS Ratio was 10.28. The lowest was 2.84. And the median was 5.42.

TSX:WTE's Cyclically Adjusted PS Ratio is ranked worse than
90.21% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs TSX:WTE: 4.41

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.

Westshore Terminals Investment's adjusted revenue per share data for the three months ended in Dec. 2023 was C$1.517. 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 C$5.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westshore Terminals Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Westshore Terminals Investment'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.

Westshore Terminals Investment Cyclically Adjusted PS Ratio Chart

Westshore Terminals Investment 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 4.17 3.25 5.13 3.99 4.62

Westshore Terminals Investment 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 3.99 4.69 5.35 4.26 4.62

Competitive Comparison of Westshore Terminals Investment's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Westshore Terminals Investment'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.


Westshore Terminals Investment's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westshore Terminals Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Westshore Terminals Investment 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.

Westshore Terminals Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.16/5.93
=4.41

* 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.

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

For example, Westshore Terminals Investment'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)
=1.517/125.4675*125.4675
=1.517

Current CPI (Dec. 2023) = 125.4675.

Westshore Terminals Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.923 98.604 1.174
201406 1.146 99.473 1.445
201409 1.192 99.394 1.505
201412 0.942 98.367 1.202
201503 1.163 99.789 1.462
201506 1.244 100.500 1.553
201509 1.100 100.421 1.374
201512 1.428 99.947 1.793
201603 1.113 101.054 1.382
201606 1.000 102.002 1.230
201609 1.091 101.765 1.345
201612 1.198 101.449 1.482
201703 0.908 102.634 1.110
201706 1.181 103.029 1.438
201709 1.337 103.345 1.623
201712 1.136 103.345 1.379
201803 1.185 105.004 1.416
201806 1.337 105.557 1.589
201809 1.401 105.636 1.664
201812 1.331 105.399 1.584
201903 1.329 106.979 1.559
201906 1.480 107.690 1.724
201909 1.573 107.611 1.834
201912 1.544 107.769 1.798
202003 1.406 107.927 1.635
202006 1.492 108.401 1.727
202009 1.383 108.164 1.604
202012 1.415 108.559 1.635
202103 1.443 110.298 1.641
202106 1.240 111.720 1.393
202109 1.360 112.905 1.511
202112 1.339 113.774 1.477
202203 1.395 117.646 1.488
202206 1.308 120.806 1.358
202209 1.053 120.648 1.095
202212 0.940 120.964 0.975
202303 1.545 122.702 1.580
202306 1.469 124.203 1.484
202309 1.561 125.230 1.564
202312 1.517 125.468 1.517

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.


Westshore Terminals Investment  (TSX:WTE) 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.


Westshore Terminals Investment Cyclically Adjusted PS Ratio Related Terms

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


Westshore Terminals Investment (TSX:WTE) Business Description

Traded in Other Exchanges
Address
1067 West Cordova Street, Suite 1800, Vancouver, BC, CAN, V6C 1C7
Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.

Westshore Terminals Investment (TSX:WTE) Headlines

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