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WAB (Westinghouse Air Brake Technologies) PS Ratio : 3.47 (As of Dec. 11, 2024)


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What is Westinghouse Air Brake Technologies PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Westinghouse Air Brake Technologies's share price is $202.87. Westinghouse Air Brake Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $58.53. Hence, Westinghouse Air Brake Technologies's PS Ratio for today is 3.47.

Warning Sign:

Westinghouse Air Brake Technologies Corp stock PS Ratio (=3.47) is close to 10-year high of 3.51

The historical rank and industry rank for Westinghouse Air Brake Technologies's PS Ratio or its related term are showing as below:

WAB' s PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 2.16   Max: 3.51
Current: 3.47

During the past 13 years, Westinghouse Air Brake Technologies's highest PS Ratio was 3.51. The lowest was 0.86. And the median was 2.16.

WAB's PS Ratio is ranked worse than
83.71% of 964 companies
in the Transportation industry
Industry Median: 1.025 vs WAB: 3.47

Westinghouse Air Brake Technologies's Revenue per Sharefor the three months ended in Sep. 2024 was $15.30. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $58.53.

Good Sign:

Westinghouse Air Brake Technologies Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Westinghouse Air Brake Technologies was 11.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.80% per year.

During the past 13 years, Westinghouse Air Brake Technologies's highest 3-Year average Revenue per Share Growth Rate was 35.90% per year. The lowest was -23.30% per year. And the median was 9.80% per year.

Back to Basics: PS Ratio


Westinghouse Air Brake Technologies PS Ratio Historical Data

The historical data trend for Westinghouse Air Brake Technologies's 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.

Westinghouse Air Brake Technologies PS Ratio Chart

Westinghouse Air Brake Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.84 2.22 2.18 2.35

Westinghouse Air Brake Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.03 2.35 2.61 2.75 3.11

Competitive Comparison of Westinghouse Air Brake Technologies's PS Ratio

For the Railroads subindustry, Westinghouse Air Brake Technologies's PS Ratio, along with its competitors' market caps and 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.


Westinghouse Air Brake Technologies's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's PS Ratio distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's PS Ratio falls into.



Westinghouse Air Brake Technologies PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Westinghouse Air Brake Technologies's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=202.87/58.53
=3.47

Westinghouse Air Brake Technologies's Share Price of today is $202.87.
Westinghouse Air Brake Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $58.53.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Westinghouse Air Brake Technologies  (NYSE:WAB) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Westinghouse Air Brake Technologies PS Ratio Related Terms

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Westinghouse Air Brake Technologies Business Description

Address
30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the freight rail and passenger transit industries, and the mining, marine, and industrial markets. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives; provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products including electronics, positive train control equipment, signal design and engineering services. Geographically, it generates a majority of its revenue from the United States.
Executives
Gregory Sbrocco officer: Sr. VP, Global Operations 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Albert J Neupaver director
Mastalerz John A Jr officer: VP Fin., Corp. Controller, CAO 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
David L Deninno officer: Exec VP, General Counsel, Sec. 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Pascal Schweitzer officer: President, Services Group C/O TRANSPORTATION SYSTEMS HOLDINGS INC., 901 MAIN AVENUE, NORWALK CT 06851
Alicia Hammersmith officer: President - Services Group 30 ISABELLA STREET, PITTSBURGH PA 15212
Rogerio Mendonca officer: President, Equipment Group 30 ISABELLA STREET, PITTSBURGH PA 15212
Brian Hehir director 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Eric Gebhardt officer: Chief Technology Officer 30 ISABELLA STREET, PITTSBURGH PA 15212
Nicole B Theophilus officer: EVP & Chief H.R. Officer C/O WEST CORPORATION, 11808 MIRACLE HILLS DRIVE, OMAHA NE 68154
Rafael Santana officer: President and CEO C/O TRANSPORTATION SYSTEMS HOLDINGS INC., 901 MAIN AVENUE, NORWALK CT 06851
Kristine Kubacki other: VP, Investor Relations 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Michael Fetsko officer: Pres., Freight Components Grp. 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
William E Kassling director C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148