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Wingstop (Wingstop) Cyclically Adjusted PS Ratio : 48.06 (As of Apr. 27, 2024)


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What is Wingstop Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Wingstop's current share price is $382.56. Wingstop's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.96. Wingstop's Cyclically Adjusted PS Ratio for today is 48.06.

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

WING' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 21.23   Med: 30.61   Max: 46.47
Current: 46.46

During the past years, Wingstop's highest Cyclically Adjusted PS Ratio was 46.47. The lowest was 21.23. And the median was 30.61.

WING's Cyclically Adjusted PS Ratio is ranked worse than
100% of 241 companies
in the Restaurants industry
Industry Median: 0.79 vs WING: 46.46

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.

Wingstop's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.305. 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 $7.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wingstop Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wingstop'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.

Wingstop Cyclically Adjusted PS Ratio Chart

Wingstop 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 - - - - 32.23

Wingstop 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 - - 26.77 23.20 32.23

Competitive Comparison of Wingstop's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Wingstop'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.


Wingstop's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wingstop 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=382.56/7.96
=48.06

* 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.

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

For example, Wingstop'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)
=4.305/129.4194*129.4194
=4.305

Current CPI (Dec. 2023) = 129.4194.

Wingstop Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.580 99.695 0.753
201406 0.567 100.560 0.730
201409 0.571 100.428 0.736
201412 0.628 99.070 0.820
201503 0.666 99.621 0.865
201506 0.713 100.684 0.916
201509 0.662 100.392 0.853
201512 0.711 99.792 0.922
201603 0.762 100.470 0.982
201606 0.784 101.688 0.998
201609 0.752 101.861 0.955
201612 1.268 101.863 1.611
201703 1.139 102.862 1.433
201706 1.074 103.349 1.345
201709 1.127 104.136 1.401
201712 1.189 104.011 1.479
201803 1.267 105.290 1.557
201806 1.254 106.317 1.526
201809 1.293 106.507 1.571
201812 1.366 105.998 1.668
201903 1.621 107.251 1.956
201906 1.637 108.070 1.960
201909 1.680 108.329 2.007
201912 1.792 108.420 2.139
202003 1.864 108.902 2.215
202006 2.219 108.767 2.640
202009 2.143 109.815 2.526
202012 2.120 109.897 2.497
202103 2.369 111.754 2.743
202106 2.477 114.631 2.797
202109 2.196 115.734 2.456
202112 2.414 117.630 2.656
202203 2.542 121.301 2.712
202206 2.801 125.017 2.900
202209 3.092 125.227 3.196
202212 3.496 125.222 3.613
202303 3.620 127.348 3.679
202306 3.567 128.729 3.586
202309 3.927 129.860 3.914
202312 4.305 129.419 4.305

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.


Wingstop  (NAS:WING) 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.


Wingstop Cyclically Adjusted PS Ratio Related Terms

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


Wingstop (Wingstop) Business Description

Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Executives
Donnie Upshaw officer: Senior Vice President, People 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer officer: SVP, Chief Growth Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald director
Michael Skipworth officer: Corporate Controller 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor officer: SVP, Pres. of International C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona officer: VP Strategy & Chief of Staff 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson officer: Chief Information Officer 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath officer: See Remarks C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood officer: SVP, U.S. Development C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith director C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida officer: SVP, Chief Financial Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet officer: See Remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison director, officer: President and CEO 3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani officer: See remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240