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Waste Connections (Waste Connections) Cyclically Adjusted PS Ratio : 7.19 (As of May. 20, 2024)


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What is Waste Connections Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Waste Connections's current share price is $165.58. Waste Connections's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $23.02. Waste Connections's Cyclically Adjusted PS Ratio for today is 7.19.

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

WCN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.57   Med: 6.5   Max: 8.27
Current: 7.28

During the past years, Waste Connections's highest Cyclically Adjusted PS Ratio was 8.27. The lowest was 3.57. And the median was 6.50.

WCN's Cyclically Adjusted PS Ratio is ranked worse than
92.81% of 139 companies
in the Waste Management industry
Industry Median: 1.28 vs WCN: 7.28

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.

Waste Connections's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.019. 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 $23.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waste Connections Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Waste Connections'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.

Waste Connections Cyclically Adjusted PS Ratio Chart

Waste Connections 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 6.58 6.80 7.96 6.67 6.68

Waste Connections 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 6.76 6.71 6.13 6.68 7.47

Competitive Comparison of Waste Connections's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Waste Connections'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.


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

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

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



Waste Connections 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.

Waste Connections's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=165.58/23.02
=7.19

* 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.

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

For example, Waste Connections'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)
=8.019/126.2576*126.2576
=8.019

Current CPI (Mar. 2024) = 126.2576.

Waste Connections Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.802 99.473 3.556
201409 2.920 99.394 3.709
201412 2.829 98.367 3.631
201503 2.713 99.789 3.433
201506 2.848 100.500 3.578
201509 2.963 100.421 3.725
201512 2.892 99.947 3.653
201603 2.779 101.054 3.472
201606 3.450 102.002 4.270
201609 4.115 101.765 5.105
201612 3.970 101.449 4.941
201703 4.135 102.634 5.087
201706 4.451 103.029 5.455
201709 4.565 103.345 5.577
201712 4.369 103.345 5.338
201803 4.309 105.004 5.181
201806 4.691 105.557 5.611
201809 4.845 105.636 5.791
201812 4.771 105.399 5.715
201903 4.709 106.979 5.558
201906 5.178 107.690 6.071
201909 5.338 107.611 6.263
201912 5.146 107.769 6.029
202003 5.116 107.927 5.985
202006 4.965 108.401 5.783
202009 5.273 108.164 6.155
202012 5.305 108.559 6.170
202103 5.305 110.298 6.073
202106 5.868 111.720 6.632
202109 6.116 112.905 6.839
202112 6.217 113.774 6.899
202203 6.342 117.646 6.806
202206 7.048 120.806 7.366
202209 7.289 120.648 7.628
202212 7.246 120.964 7.563
202303 7.367 122.702 7.580
202306 7.830 124.203 7.960
202309 7.996 125.230 8.062
202312 7.882 125.072 7.957
202403 8.019 126.258 8.019

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.


Waste Connections  (NYSE:WCN) 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.


Waste Connections Cyclically Adjusted PS Ratio Related Terms

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


Waste Connections (Waste Connections) Business Description

Traded in Other Exchanges
Address
6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 100 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 79 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2022, 13% of consolidated revenue was generated from the firm's Canadian segment.
Executives
Philip Rivard officer: SR VP Business Development 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Iii Robert Nielsen officer: SR VP Operations 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Robert Michael Cloninger officer: SR VP, Deputy General Counsel 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
William J Razzouk director C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
James Little officer: Sr. Vice President Engineering 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Susan Netherton officer: VP People, Training & Devlpmnt 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Domenic Pio officer: SR VP Operations 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
David Eddie officer: Sr. VP & Chief Accting Officer 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Andrea E. Bertone director C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Eric Hansen officer: Senior Vice President and CIO 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Patrick James Shea officer: Sr. VP, General Counsel & Sec 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Jason Craft officer: Sr Vice President-Operations 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Darrell W Chambliss officer: EVP & COO 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
David M Hall officer: Sr. Vice President 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Matthew Stephen Black officer: Sr. Vice President - Tax 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380