GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westinghouse Air Brake Technologies Corp (NYSE:WAB) » Definitions » Cyclically Adjusted PS Ratio

Westinghouse Air Brake Technologies (Westinghouse Air Brake Technologies) Cyclically Adjusted PS Ratio : 3.36 (As of Apr. 27, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Westinghouse Air Brake Technologies's current share price is $164.36. Westinghouse Air Brake Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $48.86. Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio for today is 3.36.

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

WAB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.85   Max: 5.02
Current: 3.34

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted PS Ratio was 5.02. The lowest was 1.20. And the median was 2.85.

WAB's Cyclically Adjusted PS Ratio is ranked worse than
86.07% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs WAB: 3.34

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.

Westinghouse Air Brake Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.091. 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 $48.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Chart

Westinghouse Air Brake Technologies 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 2.29 2.00 2.25 2.22 2.62

Westinghouse Air Brake Technologies 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 2.19 2.33 2.21 2.62 2.98

Competitive Comparison of Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio falls into.



Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=164.36/48.86
=3.36

* 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Westinghouse Air Brake Technologies'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)
=14.091/129.4194*129.4194
=14.091

Current CPI (Mar. 2024) = 129.4194.

Westinghouse Air Brake Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.532 100.560 9.694
201409 8.219 100.428 10.592
201412 8.459 99.070 11.050
201503 8.406 99.621 10.920
201506 8.693 100.684 11.174
201509 8.314 100.392 10.718
201512 8.627 99.792 11.188
201603 8.378 100.470 10.792
201606 7.990 101.688 10.169
201609 7.482 101.861 9.506
201612 8.387 101.863 10.656
201703 9.543 102.862 12.007
201706 9.682 103.349 12.124
201709 9.946 104.136 12.361
201712 11.090 104.011 13.799
201803 10.959 105.290 13.471
201806 11.511 106.317 14.012
201809 11.157 106.507 13.557
201812 11.548 105.998 14.100
201903 13.149 107.251 15.867
201906 11.678 108.070 13.985
201909 10.453 108.329 12.488
201912 12.297 108.420 14.679
202003 10.083 108.902 11.983
202006 9.135 108.767 10.870
202009 9.806 109.815 11.557
202012 10.662 109.897 12.556
202103 9.688 111.754 11.219
202106 10.651 114.631 12.025
202109 10.144 115.734 11.343
202112 11.109 117.630 12.222
202203 10.416 121.301 11.113
202206 11.228 125.017 11.623
202209 11.440 125.227 11.823
202212 12.677 125.222 13.102
202303 12.148 127.348 12.346
202306 13.417 128.729 13.489
202309 14.230 129.860 14.182
202312 14.120 129.419 14.120
202403 14.091 129.419 14.091

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.


Westinghouse Air Brake Technologies  (NYSE:WAB) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Related Terms

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


Westinghouse Air Brake Technologies (Westinghouse Air Brake Technologies) Business Description

Traded in Other Exchanges
Address
30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.
Executives
Kristine Kubacki other: VP, Investor Relations 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Michael Fetsko officer: Pres., Freight Components Grp. 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Alicia Hammersmith officer: President - Services Group 30 ISABELLA STREET, PITTSBURGH PA 15212
Albert J Neupaver director
William E Kassling director C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148
Mastalerz John A Jr officer: VP Fin., Corp. Controller, CAO 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
David L Deninno officer: Exec VP, General Counsel, Sec. 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Byron S Foster director 30 ISABELLA ST., PITTSBURGH PA 15212
Lee C Banks director PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44124-4141
Ann R. Klee director 30 ISABELLA ST., PITTSBURGH PA 15212
Eric Gebhardt officer: Chief Technology Officer 30 ISABELLA STREET, PITTSBURGH PA 15212
Gregory Sbrocco officer: Sr. VP, Global Operations 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Lilian Leroux officer: President, Transit Group 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
John A Olin officer: Executive Vice President & CFO HARLEY-DAVIDSON, INC., 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208