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Wacker Neuson SE (WBO:WAC) Cyclically Adjusted PS Ratio : 0.58 (As of Apr. 27, 2024)


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What is Wacker Neuson SE Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Wacker Neuson SE's current share price is €16.88. Wacker Neuson SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €28.88. Wacker Neuson SE's Cyclically Adjusted PS Ratio for today is 0.58.

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

WBO:WAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.82   Max: 1.48
Current: 0.59

During the past years, Wacker Neuson SE's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.43. And the median was 0.82.

WBO:WAC's Cyclically Adjusted PS Ratio is ranked better than
67.25% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.98 vs WBO:WAC: 0.59

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.

Wacker Neuson SE's adjusted revenue per share data for the three months ended in Dec. 2023 was €9.479. 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 €28.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacker Neuson SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Cyclically Adjusted PS Ratio Chart

Wacker Neuson SE 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 0.86 0.84 1.10 0.62 0.63

Wacker Neuson SE 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 0.62 0.70 0.79 0.67 0.63

Competitive Comparison of Wacker Neuson SE's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wacker Neuson SE 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.

Wacker Neuson SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.88/28.88
=0.58

* 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.

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

For example, Wacker Neuson SE'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)
=9.479/123.6675*123.6675
=9.479

Current CPI (Dec. 2023) = 123.6675.

Wacker Neuson SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.157 99.543 5.164
201406 4.682 99.543 5.817
201409 4.508 99.823 5.585
201412 4.963 99.543 6.166
201503 4.560 99.717 5.655
201506 5.448 100.417 6.709
201509 4.378 100.417 5.392
201512 5.029 99.717 6.237
201603 4.542 100.017 5.616
201606 5.437 100.717 6.676
201609 4.456 101.017 5.455
201612 4.960 101.217 6.060
201703 4.836 101.417 5.897
201706 6.062 102.117 7.341
201709 5.486 102.717 6.605
201712 5.619 102.617 6.772
201803 5.329 102.917 6.403
201806 6.481 104.017 7.705
201809 5.854 104.718 6.913
201812 6.681 104.217 7.928
201903 6.280 104.217 7.452
201906 7.374 105.718 8.626
201909 6.741 106.018 7.863
201912 6.884 105.818 8.045
202003 5.925 105.718 6.931
202006 5.502 106.618 6.382
202009 5.633 105.818 6.583
202012 6.175 105.518 7.237
202103 6.115 107.518 7.033
202106 7.097 108.486 8.090
202109 6.655 109.435 7.521
202112 6.938 110.384 7.773
202203 7.660 113.968 8.312
202206 8.100 115.760 8.653
202209 8.327 118.818 8.667
202212 9.058 119.345 9.386
202303 9.837 122.402 9.939
202306 10.273 123.140 10.317
202309 9.494 124.195 9.454
202312 9.479 123.668 9.479

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.


Wacker Neuson SE  (WBO:WAC) 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.


Wacker Neuson SE Cyclically Adjusted PS Ratio Related Terms

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


Wacker Neuson SE (WBO:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (WBO:WAC) Headlines

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