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WNS (Holdings) (WNS (Holdings)) Cyclically Adjusted PS Ratio : 2.18 (As of May. 03, 2024)


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What is WNS (Holdings) Cyclically Adjusted PS Ratio?

As of today (2024-05-03), WNS (Holdings)'s current share price is $45.23. WNS (Holdings)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.71. WNS (Holdings)'s Cyclically Adjusted PS Ratio for today is 2.18.

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

WNS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 3.15   Max: 5.4
Current: 2.07

During the past years, WNS (Holdings)'s highest Cyclically Adjusted PS Ratio was 5.40. The lowest was 1.20. And the median was 3.15.

WNS's Cyclically Adjusted PS Ratio is ranked worse than
52.76% of 1433 companies
in the Software industry
Industry Median: 1.86 vs WNS: 2.07

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.

WNS (Holdings)'s adjusted revenue per share data for the three months ended in Dec. 2023 was $6.646. 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 $20.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WNS (Holdings) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WNS (Holdings)'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.

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WNS (Holdings) Cyclically Adjusted PS Ratio Chart

WNS (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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WNS (Holdings) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of WNS (Holdings)'s Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, WNS (Holdings)'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.


WNS (Holdings)'s Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, WNS (Holdings)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where WNS (Holdings)'s Cyclically Adjusted PS Ratio falls into.



WNS (Holdings) 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.

WNS (Holdings)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.23/20.71
=2.18

* 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.

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

For example, WNS (Holdings)'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)
=6.646/153.2548*153.2548
=6.646

Current CPI (Dec. 2023) = 153.2548.

WNS (Holdings) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.431 91.425 4.075
201406 2.477 94.103 4.034
201409 2.528 96.780 4.003
201412 2.557 96.780 4.049
201503 2.531 97.163 3.992
201506 2.508 99.841 3.850
201509 2.669 101.753 4.020
201512 2.732 102.901 4.069
201603 2.691 102.518 4.023
201606 2.774 105.961 4.012
201609 2.844 105.961 4.113
201612 2.809 105.196 4.092
201703 3.188 105.196 4.644
201706 3.427 107.109 4.903
201709 3.548 109.021 4.988
201712 3.629 109.404 5.084
201803 3.889 109.786 5.429
201806 3.791 111.317 5.219
201809 3.840 115.142 5.111
201812 3.865 115.142 5.144
201903 4.040 118.202 5.238
201906 4.120 120.880 5.223
201909 4.409 123.175 5.486
201912 4.659 126.235 5.656
202003 4.798 124.705 5.896
202006 4.009 127.000 4.838
202009 4.271 130.118 5.030
202012 4.584 130.889 5.367
202103 4.701 131.771 5.467
202106 4.944 134.084 5.651
202109 5.427 135.847 6.122
202112 5.611 138.161 6.224
202203 5.838 138.822 6.445
202206 5.793 142.347 6.237
202209 6.117 144.661 6.480
202212 6.102 145.763 6.416
202303 6.128 146.865 6.395
202306 6.496 150.280 6.625
202309 6.725 151.492 6.803
202312 6.646 153.255 6.646

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.


WNS (Holdings)  (NYSE:WNS) 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.


WNS (Holdings) Cyclically Adjusted PS Ratio Related Terms

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


WNS (Holdings) (WNS (Holdings)) Business Description

Industry
Traded in Other Exchanges
Address
Gate No. 4, Godrej & Boyce Complex, Plant No. 10/11, Pirojshanagar, Vikhroli (West), Mumbai, MH, IND, 400 079
WNS (Holdings) Ltd is a Global provider of business process management (BPM) services, offering comprehensive data, voice, analytical and business transformation services with a blended onshore, nearshore and offshore delivery model. The company has two reportable segments namely WNS Global BPM and WNS Auto Claims BPM. It generates maximum revenue from WNS Global BPM segment. Geographically, it derives a majority of revenue from the USA and also has a presence in the UK, Australia, Europe, South Africa and Rest of the world.