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WEX (WEX) Cyclically Adjusted Revenue per Share : $42.40 (As of Mar. 2024)


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What is WEX Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

WEX's adjusted revenue per share for the three months ended in Mar. 2024 was $15.394. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $42.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WEX's average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of WEX was 15.30% per year. The lowest was 13.40% per year. And the median was 14.60% per year.

As of today (2024-05-16), WEX's current stock price is $204.31. WEX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $42.40. WEX's Cyclically Adjusted PS Ratio of today is 4.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of WEX was 10.16. The lowest was 3.48. And the median was 6.64.


WEX Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for WEX's Cyclically Adjusted Revenue per Share 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.

WEX Cyclically Adjusted Revenue per Share Chart

WEX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.37 27.08 31.45 36.73 41.47

WEX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 38.21 39.46 40.66 41.47 42.40

Competitive Comparison of WEX's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, WEX'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.


WEX's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



WEX Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, WEX'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)
=15.394/131.7762*131.7762
=15.394

Current CPI (Mar. 2024) = 131.7762.

WEX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.176 100.560 6.783
201409 5.701 100.428 7.481
201412 5.434 99.070 7.228
201503 5.193 99.621 6.869
201506 5.507 100.684 7.208
201509 5.825 100.392 7.646
201512 5.478 99.792 7.234
201603 5.301 100.470 6.953
201606 6.020 101.688 7.801
201609 6.712 101.861 8.683
201612 6.616 101.863 8.559
201703 6.757 102.862 8.656
201706 7.057 103.349 8.998
201709 7.517 104.136 9.512
201712 7.633 104.011 9.671
201803 8.148 105.290 10.198
201806 8.515 106.317 10.554
201809 8.864 106.507 10.967
201812 8.739 105.998 10.864
201903 8.764 107.251 10.768
201906 10.096 108.070 12.311
201909 10.499 108.329 12.771
201912 10.017 108.420 12.175
202003 9.943 108.902 12.032
202006 7.928 108.767 9.605
202009 8.652 109.815 10.382
202012 9.025 109.897 10.822
202103 9.263 111.754 10.923
202106 10.259 114.631 11.793
202109 10.662 115.734 12.140
202112 11.009 117.630 12.333
202203 11.424 121.301 12.411
202206 13.264 125.017 13.981
202209 13.939 125.227 14.668
202212 14.126 125.222 14.865
202303 14.037 127.348 14.525
202306 14.316 128.729 14.655
202309 15.009 129.860 15.231
202312 15.534 129.419 15.817
202403 15.394 131.776 15.394

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


WEX  (NYSE:WEX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

WEX's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=204.31/42.4
=4.82

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of WEX was 10.16. The lowest was 3.48. And the median was 6.64.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


WEX Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of WEX's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


WEX (WEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WEX Inc (NYSE:WEX) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1 Hancock Street, Portland, ME, USA, 04101
WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Fleet solutions, Travel & Corporate Solutions, and Health & Employee Benefit Solutions. Fleet Solutions, the largest segment by revenue, provides fleet vehicle payment-processing services for commercial and government fleets. Travel and corporate solutions offer business-to-business payment processing and transaction monitoring services. Health and employee benefit solutions generate revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
Executives
Jack Vanwoerkom director
Jennifer Kimball officer: Interim CFO C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Stephen Montgomery Smith director C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Robert Joseph Deshaies officer: President, WEX Health C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melanie J Tinto officer: Chief Human Resources Officer C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
James R Groch director 50 SOUTH 16TH STREET, SUITE 3000, PHILADELPHIA PA 19102
Carlos Carriedo officer: COO, International C/0 WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melissa D Goodwin officer: SVP, Finance and CFO C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Regina O Sommer director 201 JONES RD, WALTHAM MA 02451
David G Cooper officer: Chief Technology Officer C/O WEX INC., 9, SOUTH PORTLAND ME 04106
Hilary A Rapkin officer: SVP, Gen. Counsel & Corp. Sec. C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Derrick A. Roman director C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Jagtar Narula officer: Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Karen B. Stroup officer: Chief Digital Officer 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Bhavana Bartholf director C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106

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