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Expeditors International of Washington (Expeditors International of Washington) Cyclically Adjusted PS Ratio : 1.81 (As of May. 22, 2024)


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What is Expeditors International of Washington Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Expeditors International of Washington's current share price is $117.72. Expeditors International of Washington's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $65.13. Expeditors International of Washington's Cyclically Adjusted PS Ratio for today is 1.81.

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

EXPD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.87   Max: 3.01
Current: 1.81

During the past years, Expeditors International of Washington's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 1.41. And the median was 1.87.

EXPD's Cyclically Adjusted PS Ratio is ranked worse than
71.04% of 739 companies
in the Transportation industry
Industry Median: 0.84 vs EXPD: 1.81

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.

Expeditors International of Washington's adjusted revenue per share data for the three months ended in Mar. 2024 was $15.311. 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 $65.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expeditors International of Washington Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Expeditors International of Washington'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.

Expeditors International of Washington Cyclically Adjusted PS Ratio Chart

Expeditors International of Washington 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 2.10 2.38 2.73 1.76 2.01

Expeditors International of Washington 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 1.81 1.95 1.82 2.01 1.87

Competitive Comparison of Expeditors International of Washington's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Expeditors International of Washington'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.


Expeditors International of Washington's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Expeditors International of Washington's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Expeditors International of Washington's Cyclically Adjusted PS Ratio falls into.



Expeditors International of Washington 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.

Expeditors International of Washington's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=117.72/65.13
=1.81

* 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.

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

For example, Expeditors International of Washington'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)
=15.311/131.7762*131.7762
=15.311

Current CPI (Mar. 2024) = 131.7762.

Expeditors International of Washington Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.112 100.560 10.630
201409 8.744 100.428 11.473
201412 9.155 99.070 12.177
201503 8.705 99.621 11.515
201506 8.814 100.684 11.536
201509 8.708 100.392 11.430
201512 8.557 99.792 11.300
201603 7.750 100.470 10.165
201606 8.055 101.688 10.438
201609 8.552 101.861 11.064
201612 9.025 101.863 11.675
201703 8.485 102.862 10.870
201706 9.187 103.349 11.714
201709 9.914 104.136 12.545
201712 10.516 104.011 13.323
201803 10.335 105.290 12.935
201806 10.960 106.317 13.585
201809 11.802 106.507 14.602
201812 12.703 105.998 15.792
201903 11.518 107.251 14.152
201906 11.667 108.070 14.226
201909 11.960 108.329 14.549
201912 10.447 108.420 12.698
202003 11.093 108.902 13.423
202006 14.242 108.767 17.255
202009 13.756 109.815 16.507
202012 17.334 109.897 20.785
202103 18.646 111.754 21.987
202106 21.023 114.631 24.167
202109 25.176 115.734 28.666
202112 31.677 117.630 35.487
202203 27.564 121.301 29.944
202206 27.652 125.017 29.147
202209 26.721 125.227 28.119
202212 21.711 125.222 22.847
202303 16.676 127.348 17.256
202306 14.778 128.729 15.128
202309 14.797 129.860 15.015
202312 15.613 129.419 15.897
202403 15.311 131.776 15.311

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.


Expeditors International of Washington  (NYSE:EXPD) 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.


Expeditors International of Washington Cyclically Adjusted PS Ratio Related Terms

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


Expeditors International of Washington (Expeditors International of Washington) Business Description

Traded in Other Exchanges
Address
1015 Third Avenue, Seattle, WA, USA, 98104
Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2022, Expeditors derived 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.
Executives
Jeffrey S Musser officer: Senior VP and CIO C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Jeffrey F Dickerman officer: Senior VP - General Counsel 1015 THIRD AVENUE, SEATTLE WA 98104
Benjamin G. Clark officer: Senior VP - General Counsel 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98110
Bradley S Powell officer: Chief Financial Officer C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Blake R Bell officer: President, Global Products 1015 THIRD AVENUE, SEATTLE WA 98104
Eugene K Alger officer: Executive VP-North America 1015 THIRD AVENUE, SEATTLE WA 981041190
Brandon Pedersen director EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 98104
Robert R Wright director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Olivia D Polius director C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Christopher J. Mcclincy officer: Senior VP - CIO 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98104-1190
Glenn M Alger director 1015 THIRD AVENUE, SEATTLE WA 981041190
Daniel R Wall officer: SVP - Ocean Services C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Richard H Rostan officer: President - Global Geographies C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Mark A Emmert director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Philip M Coughlin officer: Executive VP-North America 1015 THIRD AVENUE, SEATTLE WA 981041190