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Waste Management (BSP:W1MC34) Cyclically Adjusted Revenue per Share : R$110.81 (As of Mar. 2024)


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What is Waste Management Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2024 was R$31.835. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$110.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Waste Management's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Waste Management was 21.20% per year. The lowest was -11.20% per year. And the median was 3.50% per year.

As of today (2024-05-24), Waste Management's current stock price is R$541.26. Waste Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$110.81. Waste Management's Cyclically Adjusted PS Ratio of today is 4.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Waste Management was 4.94. The lowest was 1.42. And the median was 2.89.


Waste Management Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Waste Management's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Waste Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 85.55 103.67 107.96 103.92

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 Revenue per Share 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 104.35 101.62 107.66 103.92 110.81

Competitive Comparison of Waste Management's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=31.835/131.7762*131.7762
=31.835

Current CPI (Mar. 2024) = 131.7762.

Waste Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.507 100.560 11.148
201409 9.082 100.428 11.917
201412 9.802 99.070 13.038
201503 10.414 99.621 13.775
201506 11.261 100.684 14.739
201509 14.485 100.392 19.013
201512 13.963 99.792 18.438
201603 13.091 100.470 17.170
201606 13.124 101.688 17.007
201609 12.949 101.861 16.752
201612 13.048 101.863 16.880
201703 12.113 102.862 15.518
201706 13.633 103.349 17.383
201709 13.204 104.136 16.709
201712 13.746 104.011 17.415
201803 13.209 105.290 16.532
201806 16.308 106.317 20.213
201809 18.226 106.507 22.550
201812 17.381 105.998 21.608
201903 16.626 107.251 20.428
201906 17.795 108.070 21.699
201909 19.118 108.329 23.256
201912 18.450 108.420 22.425
202003 21.366 108.902 25.854
202006 21.793 108.767 26.403
202009 24.552 109.815 29.462
202012 24.593 109.897 29.489
202103 27.306 111.754 32.198
202106 26.567 114.631 30.540
202109 29.178 115.734 33.222
202112 31.433 117.630 35.213
202203 27.758 121.301 30.155
202206 30.469 125.017 32.116
202209 32.116 125.227 33.796
202212 31.461 125.222 33.108
202303 31.150 127.348 32.233
202306 30.471 128.729 31.192
202309 31.623 129.860 32.090
202312 31.574 129.419 32.149
202403 31.835 131.776 31.835

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Waste Management  (BSP:W1MC34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=541.26/110.81
=4.88

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Waste Management was 4.94. The lowest was 1.42. And the median was 2.89.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Waste Management Cyclically Adjusted Revenue per Share Related Terms

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


Waste Management (BSP:W1MC34) Business Description

Industry
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.

Waste Management (BSP:W1MC34) Headlines

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