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Waste Management (XTER:UWS) Cyclically Adjusted PS Ratio : 4.72 (As of May. 27, 2024)


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What is Waste Management Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Waste Management's current share price is €192.76. Waste Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €40.88. Waste Management's Cyclically Adjusted PS Ratio for today is 4.72.

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

XTER:UWS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.89   Max: 4.94
Current: 4.72

During the past years, Waste Management's highest Cyclically Adjusted PS Ratio was 4.94. The lowest was 1.42. And the median was 2.89.

XTER:UWS's Cyclically Adjusted PS Ratio is ranked worse than
84.17% of 139 companies
in the Waste Management industry
Industry Median: 1.26 vs XTER:UWS: 4.72

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 Management's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.763. 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 €40.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waste Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Waste Management'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 Management Cyclically Adjusted PS Ratio Chart

Waste Management 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 3.45 3.47 4.48 3.86 4.15

Waste Management 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 3.92 4.10 3.55 4.15 4.82

Competitive Comparison of Waste Management's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Waste Management'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 Management's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=192.76/40.88
=4.72

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

For example, Waste Management'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)
=11.763/131.7762*131.7762
=11.763

Current CPI (Mar. 2024) = 131.7762.

Waste Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.600 100.560 7.338
201409 6.029 100.428 7.911
201412 6.018 99.070 8.005
201503 6.126 99.621 8.103
201506 6.449 100.684 8.441
201509 6.613 100.392 8.680
201512 6.606 99.792 8.723
201603 6.358 100.470 8.339
201606 6.824 101.688 8.843
201609 7.093 101.861 9.176
201612 7.376 101.863 9.542
201703 7.243 102.862 9.279
201706 7.364 103.349 9.390
201709 7.073 104.136 8.950
201712 7.050 104.011 8.932
201803 6.534 105.290 8.178
201806 7.404 106.317 9.177
201809 7.603 106.507 9.407
201812 7.868 105.998 9.781
201903 7.662 107.251 9.414
201906 8.169 108.070 9.961
201909 8.428 108.329 10.252
201912 8.091 108.420 9.834
202003 7.915 108.902 9.578
202006 7.460 108.767 9.038
202009 7.720 109.815 9.264
202012 7.859 109.897 9.424
202103 8.141 111.754 9.600
202106 8.770 114.631 10.082
202109 9.396 115.734 10.698
202112 9.838 117.630 11.021
202203 10.130 121.301 11.005
202206 11.421 125.017 12.039
202209 12.372 125.227 13.019
202212 11.324 125.222 11.917
202303 11.171 127.348 11.559
202306 11.589 128.729 11.863
202309 11.999 129.860 12.176
202312 11.818 129.419 12.033
202403 11.763 131.776 11.763

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 Management  (XTER:UWS) 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 Management Cyclically Adjusted PS Ratio Related Terms

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


Waste Management (XTER:UWS) Business Description

Traded in Other Exchanges
Address
800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 259 active landfills and about 337 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.

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