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Republic Services (LTS:0KW1) Cyclically Adjusted PS Ratio : 4.75 (As of May. 26, 2024)


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What is Republic Services Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Republic Services's current share price is $186.58. Republic Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $39.29. Republic Services's Cyclically Adjusted PS Ratio for today is 4.75.

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

LTS:0KW1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.58   Med: 2.8   Max: 5.01
Current: 4.75

During the past years, Republic Services's highest Cyclically Adjusted PS Ratio was 5.01. The lowest was 1.58. And the median was 2.80.

LTS:0KW1's Cyclically Adjusted PS Ratio is ranked worse than
84.17% of 139 companies
in the Waste Management industry
Industry Median: 1.28 vs LTS:0KW1: 4.75

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.

Republic Services's adjusted revenue per share data for the three months ended in Mar. 2024 was $12.232. 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 $39.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Republic Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Republic Services'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.

Republic Services Cyclically Adjusted PS Ratio Chart

Republic Services 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 3.22 3.34 4.38 3.65 4.32

Republic Services 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 3.72 4.12 3.76 4.32 4.87

Competitive Comparison of Republic Services's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Republic Services'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.


Republic Services's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Republic Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Republic Services 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.

Republic Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=186.58/39.29
=4.75

* 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.

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

For example, Republic Services'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)
=12.232/131.7762*131.7762
=12.232

Current CPI (Mar. 2024) = 131.7762.

Republic Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.234 100.560 8.169
201409 6.340 100.428 8.319
201412 6.262 99.070 8.329
201503 6.114 99.621 8.087
201506 6.566 100.684 8.594
201509 6.691 100.392 8.783
201512 6.573 99.792 8.680
201603 6.486 100.470 8.507
201606 6.810 101.688 8.825
201609 7.004 101.861 9.061
201612 6.963 101.863 9.008
201703 6.999 102.862 8.966
201706 7.431 103.349 9.475
201709 7.569 104.136 9.578
201712 7.626 104.011 9.662
201803 7.307 105.290 9.145
201806 7.658 106.317 9.492
201809 7.849 106.507 9.711
201812 7.768 105.998 9.657
201903 7.637 107.251 9.383
201906 8.071 108.070 9.841
201909 8.228 108.329 10.009
201912 8.048 108.420 9.782
202003 7.975 108.902 9.650
202006 7.681 108.767 9.306
202009 8.045 109.815 9.654
202012 8.043 109.897 9.644
202103 8.117 111.754 9.571
202106 8.788 114.631 10.102
202109 9.186 115.734 10.459
202112 9.271 117.630 10.386
202203 9.363 121.301 10.172
202206 10.770 125.017 11.352
202209 11.367 125.227 11.962
202212 11.071 125.222 11.650
202303 11.292 127.348 11.685
202306 11.742 128.729 12.020
202309 12.105 129.860 12.284
202312 12.080 129.419 12.300
202403 12.232 131.776 12.232

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.


Republic Services  (LTS:0KW1) 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.


Republic Services Cyclically Adjusted PS Ratio Related Terms

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


Republic Services (LTS:0KW1) Business Description

Traded in Other Exchanges
Address
18500 North Allied Way, Phoenix, AZ, USA, 85054
Republic Services is the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 206 active landfills and 233 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.

Republic Services (LTS:0KW1) Headlines

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