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WisdomTree (WisdomTree) Cyclically Adjusted PS Ratio : 4.46 (As of May. 16, 2024)


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What is WisdomTree Cyclically Adjusted PS Ratio?

As of today (2024-05-16), WisdomTree's current share price is $9.445. WisdomTree's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.12. WisdomTree's Cyclically Adjusted PS Ratio for today is 4.46.

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

WT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 4.08   Max: 18.2
Current: 4.51

During the past years, WisdomTree's highest Cyclically Adjusted PS Ratio was 18.20. The lowest was 1.63. And the median was 4.08.

WT's Cyclically Adjusted PS Ratio is ranked better than
66.21% of 876 companies
in the Asset Management industry
Industry Median: 7.4 vs WT: 4.51

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.

WisdomTree's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.586. 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 $2.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WisdomTree Cyclically Adjusted PS Ratio Historical Data

The historical data trend for WisdomTree'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.

WisdomTree Cyclically Adjusted PS Ratio Chart

WisdomTree 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 3.50 3.57 3.52 2.77 3.30

WisdomTree 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 2.89 3.32 3.34 3.30 4.34

Competitive Comparison of WisdomTree's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, WisdomTree'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.


WisdomTree's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



WisdomTree 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.445/2.12
=4.46

* 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.

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

For example, WisdomTree'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)
=0.586/131.7762*131.7762
=0.586

Current CPI (Mar. 2024) = 131.7762.

WisdomTree Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.319 100.560 0.418
201409 0.341 100.428 0.447
201412 0.357 99.070 0.475
201503 0.438 99.621 0.579
201506 0.591 100.684 0.774
201509 0.584 100.392 0.767
201512 0.537 99.792 0.709
201603 0.446 100.470 0.585
201606 0.414 101.688 0.536
201609 0.383 101.861 0.495
201612 0.371 101.863 0.480
201703 0.403 102.862 0.516
201706 0.415 103.349 0.529
201709 0.425 104.136 0.538
201712 0.446 104.011 0.565
201803 0.432 105.290 0.541
201806 0.458 106.317 0.568
201809 0.436 106.507 0.539
201812 0.407 105.998 0.506
201903 0.393 107.251 0.483
201906 0.436 108.070 0.532
201909 0.405 108.329 0.493
201912 0.441 108.420 0.536
202003 0.419 108.902 0.507
202006 0.383 108.767 0.464
202009 0.438 109.815 0.526
202012 0.453 109.897 0.543
202103 0.440 111.754 0.519
202106 0.460 114.631 0.529
202109 0.491 115.734 0.559
202112 0.495 117.630 0.555
202203 0.549 121.301 0.596
202206 0.486 125.017 0.512
202209 0.456 125.227 0.480
202212 0.460 125.222 0.484
202303 0.513 127.348 0.531
202306 0.502 128.729 0.514
202309 0.510 129.860 0.518
202312 0.529 129.419 0.539
202403 0.586 131.776 0.586

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.


WisdomTree  (NYSE:WT) 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.


WisdomTree Cyclically Adjusted PS Ratio Related Terms

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


WisdomTree (WisdomTree) Business Description

Traded in Other Exchanges
Address
250 West 34th Street, 3rd Floor, New York, NY, USA, 10119
WisdomTree Inc is a financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, and solutions. It offers a broad range of ETFs and exchange-traded products (ETPs). The firm also engages in developing next-generation digital products and structures, including digital funds and tokenized assets, as well as its blockchain-native digital wallet, WisdomTree Prime.
Executives
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Peter M Ziemba director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Daniela Mielke director 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
Deborah Fuhr director C/O LGBTQ LOYALTY HOLDINGS, INC.,, 2435 N DIXIE HWY, WILTON MANORS FL 33305
Lion Point Capital, Lp other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Point Holdings Gp, Llc other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Didric Cederholm other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
David M Yates officer: Chief Information Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Jonathan L Steinberg director, officer: Chief Executive Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Harold Iii Singleton director C/O WISDOMTREE INVESTMENTS, INC., 230 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10169
Frank Salerno director C/O K-SEA TRANSPORTATION PARTNERS L.P., 3245 RICHMOND TERRACE, STATEN ISLAND NY 10303
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708