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Willis Lease Finance (FRA:WIJ) Cyclically Adjusted PS Ratio : 1.22 (As of Jun. 01, 2024)


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What is Willis Lease Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Willis Lease Finance's current share price is €61.00. Willis Lease Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €50.03. Willis Lease Finance's Cyclically Adjusted PS Ratio for today is 1.22.

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

FRA:WIJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.11   Max: 2.38
Current: 1.19

During the past years, Willis Lease Finance's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 0.43. And the median was 1.11.

FRA:WIJ's Cyclically Adjusted PS Ratio is ranked worse than
59.91% of 691 companies
in the Business Services industry
Industry Median: 0.89 vs FRA:WIJ: 1.19

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.

Willis Lease Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was €16.452. 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 €50.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Willis Lease Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Willis Lease Finance'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.

Willis Lease Finance Cyclically Adjusted PS Ratio Chart

Willis Lease Finance 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 1.75 0.83 0.90 1.25 0.93

Willis Lease Finance 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 1.12 0.78 0.82 0.93 0.91

Competitive Comparison of Willis Lease Finance's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Willis Lease Finance'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.


Willis Lease Finance's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Willis Lease Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Willis Lease Finance 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.

Willis Lease Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.00/50.03
=1.22

* 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.

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

For example, Willis Lease Finance'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)
=16.452/131.7762*131.7762
=16.452

Current CPI (Mar. 2024) = 131.7762.

Willis Lease Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.947 100.560 5.172
201409 4.349 100.428 5.707
201412 4.151 99.070 5.521
201503 4.918 99.621 6.505
201506 4.978 100.684 6.515
201509 6.460 100.392 8.480
201512 6.401 99.792 8.453
201603 6.263 100.470 8.215
201606 6.476 101.688 8.392
201609 7.111 101.861 9.199
201612 8.336 101.863 10.784
201703 11.637 102.862 14.908
201706 9.805 103.349 12.502
201709 8.935 104.136 11.307
201712 8.563 104.011 10.849
201803 9.139 105.290 11.438
201806 11.245 106.317 13.938
201809 11.556 106.507 14.298
201812 17.504 105.998 21.761
201903 15.362 107.251 18.875
201906 13.988 108.070 17.056
201909 17.934 108.329 21.816
201912 13.171 108.420 16.008
202003 12.060 108.902 14.593
202006 10.910 108.767 13.218
202009 9.854 109.815 11.825
202012 8.152 109.897 9.775
202103 8.565 111.754 10.099
202106 8.873 114.631 10.200
202109 9.457 115.734 10.768
202112 9.614 117.630 10.770
202203 10.500 121.301 11.407
202206 11.825 125.017 12.464
202209 12.386 125.227 13.034
202212 11.863 125.222 12.484
202303 12.953 127.348 13.403
202306 15.617 128.729 15.987
202309 15.324 129.860 15.550
202312 15.970 129.419 16.261
202403 16.452 131.776 16.452

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.


Willis Lease Finance  (FRA:WIJ) 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.


Willis Lease Finance Cyclically Adjusted PS Ratio Related Terms

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


Willis Lease Finance (FRA:WIJ) Business Description

Traded in Other Exchanges
Address
4700 Lyons Technology Parkway, Coconut Creek, FL, USA, 33073
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components.

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