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Westinghouse Air Brake Technologies (BSP:W1AB34) Cyclically Adjusted PS Ratio : 3.46 (As of May. 14, 2024)


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What is Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Westinghouse Air Brake Technologies's current share price is R$425.27. Westinghouse Air Brake Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$122.91. Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio for today is 3.46.

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

BSP:W1AB34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.86   Max: 5.02
Current: 3.38

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted PS Ratio was 5.02. The lowest was 1.20. And the median was 2.86.

BSP:W1AB34's Cyclically Adjusted PS Ratio is ranked worse than
86.72% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs BSP:W1AB34: 3.38

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.

Westinghouse Air Brake Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was R$35.086. 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$122.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Chart

Westinghouse Air Brake Technologies 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 2.29 2.00 2.25 2.22 2.62

Westinghouse Air Brake Technologies 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 2.19 2.33 2.21 2.62 2.98

Competitive Comparison of Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


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

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

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



Westinghouse Air Brake Technologies 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=425.27/122.91
=3.46

* 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.

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

For example, Westinghouse Air Brake Technologies'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)
=35.086/129.4194*129.4194
=35.086

Current CPI (Mar. 2024) = 129.4194.

Westinghouse Air Brake Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.421 100.560 10.838
201409 9.608 100.428 12.382
201412 11.174 99.070 14.597
201503 13.203 99.621 17.152
201506 13.525 100.684 17.385
201509 16.226 100.392 20.918
201512 16.740 99.792 21.710
201603 15.491 100.470 19.954
201606 13.677 101.688 17.407
201609 12.170 101.861 15.463
201612 14.065 101.863 17.870
201703 14.923 102.862 18.776
201706 15.954 103.349 19.978
201709 15.577 104.136 19.359
201712 18.271 104.011 22.734
201803 17.968 105.290 22.086
201806 21.704 106.317 26.420
201809 22.921 106.507 27.852
201812 22.422 105.998 27.376
201903 25.250 107.251 30.469
201906 22.513 108.070 26.961
201909 21.530 108.329 25.722
201912 25.236 108.420 30.124
202003 24.634 108.902 29.275
202006 23.697 108.767 28.196
202009 26.476 109.815 31.203
202012 27.426 109.897 32.298
202103 27.295 111.754 31.610
202106 26.780 114.631 30.235
202109 26.774 115.734 29.940
202112 31.411 117.630 34.559
202203 25.918 121.301 27.653
202206 28.338 125.017 29.336
202209 29.994 125.227 30.998
202212 33.249 125.222 34.364
202303 31.638 127.348 32.153
202306 32.561 128.729 32.736
202309 35.139 129.860 35.020
202312 34.592 129.419 34.592
202403 35.086 129.419 35.086

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.


Westinghouse Air Brake Technologies  (BSP:W1AB34) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Related Terms

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


Westinghouse Air Brake Technologies (BSP:W1AB34) Business Description

Traded in Other Exchanges
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 rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.

Westinghouse Air Brake Technologies (BSP:W1AB34) Headlines

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