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Wetzel (BSP:MWET3) Cyclically Adjusted PS Ratio : 0.08 (As of Jun. 08, 2024)


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What is Wetzel Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Wetzel's current share price is R$9.16. Wetzel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$118.97. Wetzel's Cyclically Adjusted PS Ratio for today is 0.08.

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

BSP:MWET3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.93
Current: 0.08

During the past years, Wetzel's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.05. And the median was 0.14.

BSP:MWET3's Cyclically Adjusted PS Ratio is ranked better than
94.93% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BSP:MWET3: 0.08

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.

Wetzel's adjusted revenue per share data for the three months ended in Mar. 2024 was R$30.236. 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 R$118.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wetzel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wetzel'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.

Wetzel Cyclically Adjusted PS Ratio Chart

Wetzel 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 0.05 0.54 0.19 0.25 0.11

Wetzel 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 0.25 0.11 0.11 0.11 0.11

Competitive Comparison of Wetzel's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Wetzel'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.


Wetzel's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wetzel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wetzel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.16/118.97
=0.08

* 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.

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

For example, Wetzel'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)
=30.236/159.3724*159.3724
=30.236

Current CPI (Mar. 2024) = 159.3724.

Wetzel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.771 91.838 39.516
201409 26.485 92.602 45.582
201412 20.198 94.194 34.174
201503 21.441 97.799 34.940
201506 19.223 100.006 30.634
201509 20.547 101.392 32.297
201512 12.846 104.247 19.639
201603 15.110 106.979 22.510
201606 17.653 108.851 25.846
201609 15.466 109.986 22.411
201612 10.893 110.802 15.668
201703 14.372 111.869 20.475
201706 14.559 112.115 20.696
201709 15.603 112.777 22.050
201712 14.540 114.068 20.315
201803 18.405 114.868 25.536
201806 20.090 117.038 27.357
201809 20.780 117.881 28.094
201812 19.926 118.340 26.835
201903 21.918 120.124 29.079
201906 25.997 120.977 34.248
201909 23.586 121.292 30.991
201912 19.640 123.436 25.358
202003 19.449 124.092 24.979
202006 14.236 123.557 18.363
202009 18.821 125.095 23.978
202012 20.806 129.012 25.702
202103 25.253 131.660 30.568
202106 37.153 133.871 44.231
202109 33.309 137.913 38.492
202112 28.780 141.992 32.303
202203 32.457 146.537 35.300
202206 35.133 149.784 37.382
202209 39.766 147.800 42.880
202212 35.027 150.207 37.164
202303 33.581 153.352 34.899
202306 32.332 154.519 33.348
202309 34.686 155.464 35.558
202312 29.672 157.148 30.092
202403 30.236 159.372 30.236

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.


Wetzel  (BSP:MWET3) 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.


Wetzel Cyclically Adjusted PS Ratio Related Terms

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


Wetzel (BSP:MWET3) Business Description

Traded in Other Exchanges
Address
Rua Dona Francisca, 8300, Bloco H, Joinville, SC, BRA, 89239-270
Wetzel SA manufactures and markets aluminum and iron components and parts for motor vehicles. The company operates in three business units namely, Aluminum Division, Iron Division and Electro-technical Division.

Wetzel (BSP:MWET3) Headlines

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