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WaFd (WAFD) Cyclically Adjusted PS Ratio : 3.41 (As of Apr. 28, 2024)


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What is WaFd Cyclically Adjusted PS Ratio?

As of today (2024-04-28), WaFd's current share price is $27.91. WaFd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.19. WaFd's Cyclically Adjusted PS Ratio for today is 3.41.

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

WAFD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 5.48   Max: 7.83
Current: 3.41

During the past years, WaFd's highest Cyclically Adjusted PS Ratio was 7.83. The lowest was 2.99. And the median was 5.48.

WAFD's Cyclically Adjusted PS Ratio is ranked worse than
73.4% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs WAFD: 3.41

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.

WaFd's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.616. 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 $8.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WaFd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WaFd'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.

WaFd Cyclically Adjusted PS Ratio Chart

WaFd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.01 3.77 5.59 4.18 3.17

WaFd 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 3.94 3.37 3.17 4.02 -

Competitive Comparison of WaFd's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, WaFd'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.


WaFd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WaFd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



WaFd 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.

WaFd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.91/8.19
=3.41

* 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.

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

For example, WaFd'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)
=2.616/129.4194*129.4194
=2.616

Current CPI (Dec. 2023) = 129.4194.

WaFd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.047 99.695 1.359
201406 1.098 100.560 1.413
201409 1.111 100.428 1.432
201412 1.092 99.070 1.427
201503 1.201 99.621 1.560
201506 1.218 100.684 1.566
201509 1.314 100.392 1.694
201512 1.271 99.792 1.648
201603 1.313 100.470 1.691
201606 1.310 101.688 1.667
201609 1.300 101.861 1.652
201612 1.287 101.863 1.635
201703 1.322 102.862 1.663
201706 1.368 103.349 1.713
201709 1.468 104.136 1.824
201712 1.408 104.011 1.752
201803 1.512 105.290 1.859
201806 1.572 106.317 1.914
201809 1.577 106.507 1.916
201812 1.692 105.998 2.066
201903 1.651 107.251 1.992
201906 1.701 108.070 2.037
201909 1.718 108.329 2.052
201912 2.103 108.420 2.510
202003 1.739 108.902 2.067
202006 1.723 108.767 2.050
202009 1.678 109.815 1.978
202012 1.767 109.897 2.081
202103 1.838 111.754 2.129
202106 1.970 114.631 2.224
202109 2.258 115.734 2.525
202112 2.347 117.630 2.582
202203 2.305 121.301 2.459
202206 2.596 125.017 2.687
202209 2.868 125.227 2.964
202212 3.006 125.222 3.107
202303 2.821 127.348 2.867
202306 2.809 128.729 2.824
202309 2.747 129.860 2.738
202312 2.616 129.419 2.616

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.


WaFd  (NAS:WAFD) 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.


WaFd Cyclically Adjusted PS Ratio Related Terms

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


WaFd (WAFD) Business Description

Industry
Traded in Other Exchanges
Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Geographically It operates in Washington, Oregon, Arizona, Texas, Utah. New Mexico, Nevada, Idaho and others. WaFd Inc provides, Personal Banking, Business Banking, Commercial Banking and Home Loans.
Executives
Randall H Talbot director 777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690
David K Grant director
Blayne Sanden officer: SVP & PAO 425 PIKE STREET, SEATTLE WA 98101
Brent J Beardall officer: EVP & CFO 425 PIKE STREET, SEATTLE WA 98101
Kim E Robison officer: EVP & Chief Operations Officer 425 PIKE STREET, SEATTLE WA 98101
Cathy E Cooper officer: EVP & Chief Consumer Banker 425 PIKE STREET, SEATTLE WA 98101
Kelli Holz officer: EVP & CFO PO BOX 580, BELLINGHAM WA 98227
Vincent L Beatty officer: EVP & Chief Financial Officer 425 PIKE STREET, SEATTLE WA 98101
Shawn Bice director C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Ryan Mauer officer: EVP & Chief Credit Officer 425 PIKE STREET, SEATTLE WA 98101
James Endrizzi officer: EVP & Chief Commercial Banker 425 PIKE STREET, SEATTLE WA 98101
Sean Singleton director 425 PIKE ST, SEATTLE WA 98101
Sylvia Hampel director 425 PIKE ST, SEATTLE WA 98101
Sudhir Steven Singh director 6222 185TH AVE, REDMOND WA 98052
Linda S Brower director