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Westlake (FRA:UEO) Cyclically Adjusted Revenue per Share : €73.37 (As of Mar. 2024)


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What is Westlake 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.

Westlake's adjusted revenue per share for the three months ended in Mar. 2024 was €21.214. 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 €73.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Westlake's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Westlake was 18.10% per year. The lowest was 4.30% per year. And the median was 11.20% per year.

As of today (2024-06-09), Westlake's current stock price is €141.00. Westlake's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €73.37. Westlake's Cyclically Adjusted PS Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Westlake was 3.71. The lowest was 0.78. And the median was 1.91.


Westlake Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Westlake'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.

Westlake Cyclically Adjusted Revenue per Share Chart

Westlake 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 37.75 37.17 49.22 64.39 69.71

Westlake 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 65.21 67.28 71.16 69.71 73.37

Competitive Comparison of Westlake's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Westlake'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.


Westlake's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Westlake 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, Westlake'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)
=21.214/131.7762*131.7762
=21.214

Current CPI (Mar. 2024) = 131.7762.

Westlake Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.494 100.560 7.200
201409 7.266 100.428 9.534
201412 6.908 99.070 9.189
201503 7.655 99.621 10.126
201506 7.936 100.684 10.387
201509 8.012 100.392 10.517
201512 6.921 99.792 9.139
201603 6.705 100.470 8.794
201606 7.436 101.688 9.636
201609 8.808 101.861 11.395
201612 12.698 101.863 16.427
201703 14.008 102.862 17.946
201706 13.571 103.349 17.304
201709 13.623 104.136 17.239
201712 13.141 104.011 16.649
201803 13.393 105.290 16.762
201806 14.682 106.317 18.198
201809 14.860 106.507 18.386
201812 13.553 105.998 16.849
201903 13.902 107.251 17.081
201906 14.726 108.070 17.956
201909 14.593 108.329 17.752
201912 13.166 108.420 16.002
202003 13.613 108.902 16.472
202006 11.873 108.767 14.385
202009 12.594 109.815 15.113
202012 12.605 109.897 15.115
202103 15.410 111.754 18.171
202106 18.413 114.631 21.167
202109 20.166 115.734 22.961
202112 24.123 117.630 27.024
202203 28.566 121.301 31.033
202206 32.789 125.017 34.562
202209 31.034 125.227 32.657
202212 24.260 125.222 25.530
202303 24.401 127.348 25.250
202306 23.354 128.729 23.907
202309 22.699 129.860 23.034
202312 20.110 129.419 20.476
202403 21.214 131.776 21.214

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


Westlake  (FRA:UEO) 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.

Westlake's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=141.00/73.37
=1.92

* 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 Westlake was 3.71. The lowest was 0.78. And the median was 1.91.


Be Aware

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


Westlake Cyclically Adjusted Revenue per Share Related Terms

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


Westlake (FRA:UEO) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Westlake Corp (FRA:UEO) » Definitions » Cyclically Adjusted Revenue per Share
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Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Corp is a manufacturer and global supplier of chemicals, polymers and building products. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and global compounds businesses.

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