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Wolverine World Wide (Wolverine World Wide) Cyclically Adjusted PS Ratio : 0.45 (As of May. 15, 2024)


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What is Wolverine World Wide Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Wolverine World Wide's current share price is $13.96. Wolverine World Wide's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $31.35. Wolverine World Wide's Cyclically Adjusted PS Ratio for today is 0.45.

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

WWW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.27   Max: 2.49
Current: 0.45

During the past years, Wolverine World Wide's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.23. And the median was 1.27.

WWW's Cyclically Adjusted PS Ratio is ranked better than
60.92% of 852 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.655 vs WWW: 0.45

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.

Wolverine World Wide's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.949. 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 $31.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wolverine World Wide Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wolverine World Wide'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.

Wolverine World Wide Cyclically Adjusted PS Ratio Chart

Wolverine World Wide 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 1.40 1.24 1.03 0.35 0.28

Wolverine World Wide 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 0.54 0.46 0.25 0.28 0.36

Competitive Comparison of Wolverine World Wide's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Wolverine World Wide'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.


Wolverine World Wide's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wolverine World Wide 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.

Wolverine World Wide's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.96/31.35
=0.45

* 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.

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

For example, Wolverine World Wide'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)
=4.949/129.4194*129.4194
=4.949

Current CPI (Mar. 2024) = 129.4194.

Wolverine World Wide Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.135 100.560 7.896
201409 7.111 100.428 9.164
201412 8.057 99.070 10.525
201503 6.264 99.621 8.138
201506 6.202 100.684 7.972
201509 6.702 100.392 8.640
201512 7.793 99.792 10.107
201603 6.004 100.470 7.734
201606 6.074 101.688 7.730
201609 6.230 101.861 7.916
201612 7.608 101.863 9.666
201703 6.159 102.862 7.749
201706 6.225 103.349 7.795
201709 6.068 104.136 7.541
201712 6.182 104.011 7.692
201803 5.587 105.290 6.867
201806 5.967 106.317 7.264
201809 5.861 106.507 7.122
201812 6.179 105.998 7.544
201903 5.702 107.251 6.881
201906 6.439 108.070 7.711
201909 6.845 108.329 8.178
201912 7.163 108.420 8.550
202003 5.357 108.902 6.366
202006 4.315 108.767 5.134
202009 6.050 109.815 7.130
202012 6.291 109.897 7.409
202103 6.138 111.754 7.108
202106 7.559 114.631 8.534
202109 7.736 115.734 8.651
202112 7.658 117.630 8.426
202203 7.507 121.301 8.009
202206 8.931 125.017 9.246
202209 8.763 125.227 9.056
202212 8.439 125.222 8.722
202303 7.568 127.348 7.691
202306 7.410 128.729 7.450
202309 6.638 129.860 6.616
202312 6.634 129.419 6.634
202403 4.949 129.419 4.949

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.


Wolverine World Wide  (NYSE:WWW) 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.


Wolverine World Wide Cyclically Adjusted PS Ratio Related Terms

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


Wolverine World Wide (Wolverine World Wide) Business Description

Traded in Other Exchanges
Address
9341 Courtland Drive N.E., Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Executives
Amy M. Klimek officer: EVP, Global Human Resources 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Jeffrey M Boromisa director
Michael D Stornant officer: EVP, CFO and Treasurer C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Jodi Bricker director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Demonty Price director C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Andersen Stacia J.p. director 6301 FITCH PATH, NEW ALBANY OH 43054
Kathleen Wilson-thompson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Christopher Hufnagel officer: President, Active Group 9341 COURTLAND DRIVE, ROCKFORD MI 49351
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Reginald Rasch officer: Sr. VP, Gen'l Counsel & Sec'y 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Brendan Hoffman director, officer: President 100 PIER 1 PLACE, FORT WORTH TX 76102
Isabel Soriano officer: President, International C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
David T Kollat director 9341 COURTLAND DR, ROCKFORD MI 49351
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084