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Workiva (Workiva) Cyclically Adjusted PS Ratio : 10.64 (As of Apr. 27, 2024)


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What is Workiva Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Workiva's current share price is $80.62. Workiva's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.58. Workiva's Cyclically Adjusted PS Ratio for today is 10.64.

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

WK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.27   Med: 13.29   Max: 15.29
Current: 10.54

During the past years, Workiva's highest Cyclically Adjusted PS Ratio was 15.29. The lowest was 10.27. And the median was 13.29.

WK's Cyclically Adjusted PS Ratio is ranked worse than
91.34% of 1409 companies
in the Software industry
Industry Median: 1.86 vs WK: 10.54

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.

Workiva's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.061. 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 $7.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workiva Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Workiva'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.

Workiva Cyclically Adjusted PS Ratio Chart

Workiva 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 - - - - 13.39

Workiva Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 14.56 14.07 13.70 13.39

Competitive Comparison of Workiva's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Workiva'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.


Workiva's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Workiva's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Workiva 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.

Workiva's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.62/7.58
=10.64

* 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.

Workiva's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Workiva's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.061/129.4194*129.4194
=3.061

Current CPI (Dec. 2023) = 129.4194.

Workiva Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.874 99.695 1.135
201406 0.823 100.560 1.059
201409 0.706 100.428 0.910
201412 0.760 99.070 0.993
201503 0.888 99.621 1.154
201506 0.857 100.684 1.102
201509 0.907 100.392 1.169
201512 0.992 99.792 1.287
201603 1.101 100.470 1.418
201606 1.060 101.688 1.349
201609 1.097 101.861 1.394
201612 1.135 101.863 1.442
201703 1.263 102.862 1.589
201706 1.192 103.349 1.493
201709 1.245 104.136 1.547
201712 1.294 104.011 1.610
201803 1.398 105.290 1.718
201806 1.368 106.317 1.665
201809 1.384 106.507 1.682
201812 1.449 105.998 1.769
201903 1.547 107.251 1.867
201906 1.592 108.070 1.907
201909 1.587 108.329 1.896
201912 1.705 108.420 2.035
202003 1.805 108.902 2.145
202006 1.741 108.767 2.072
202009 1.804 109.815 2.126
202012 1.906 109.897 2.245
202103 2.074 111.754 2.402
202106 2.068 114.631 2.335
202109 2.191 115.734 2.450
202112 2.334 117.630 2.568
202203 2.465 121.301 2.630
202206 2.489 125.017 2.577
202209 2.503 125.227 2.587
202212 2.699 125.222 2.789
202303 2.797 127.348 2.842
202306 2.870 128.729 2.885
202309 2.915 129.860 2.905
202312 3.061 129.419 3.061

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.


Workiva  (NYSE:WK) 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.


Workiva Cyclically Adjusted PS Ratio Related Terms

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


Workiva (Workiva) Business Description

Industry
Traded in Other Exchanges
Address
2900 University Boulevard, Ames, IA, USA, 50010
Workiva Inc is a cloud-native platform that simplifies the complexities of reporting and compliance. Workiva platform empowers customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premise applications. Customers use the platform to create, review and publish data-linked documents and reports with greater control, consistency, accuracy, and productivity and it is also used for SEC Filings. The firm derives its revenue in the form of subscription and support fees and the remainder from professional services.
Executives
Jill Klindt officer: VP & CAO 2900 UNIVERSITY BLVD, AMES IA 50010
Brandon Ziegler officer: Senior Vice President, other: Gen Counsel & Corp. Secretary C/O WORKIVA INC., 2900 UNIVERSITY BLVD., AMES IA 50010
Robert H Herz director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Michael D. Hawkins officer: EVP, Sales 2900 UNIVERSITY BLVD., AMES IA 50010
Junko Swain officer: SVP, Chief Accounting Officer 2900 UNIVERSITY BLVD., AMES IA 50010
Michael M Crow director 20 W. 9TH STREET, KANSAS CITY MO 64105
Brigid A Bonner director C/O ANALYSTS INTERNATIONAL CORPORATION, 3601 WEST 76TH STREET, EDINA MN 55435
Mithun Banarjee officer: EVP, Global Client Services 2900 UNIVERSITY BOULEVARD, AMES IA 50010
Jeff D Trom 10 percent owner, officer: Executive VP & CTO 2900 UNIVERSITY BLVD., AMES IA 50010
Martin J Vanderploeg director, 10 percent owner, officer: President & COO 2900 UNIVERSITY BLVD., AMES IA 50010
Julie Iskow officer: EVP & Chief Operating Officer 2900 UNIVERSITY BOULEVARD, AMES X1 50010
J Stuart Miller officer: Executive VP, Treasurer & CFO 2900 UNIVERSITY BLVD., AMES IA 50010
Eugene S Katz director 8 GOLDSBOROUGH ST., EASTON MD 21601
Troy M. Calkins officer: Executive VP, Secretary & GC 55 WEST MONROE, SUITE 3150, CHICAGO IL 60603
Scott G. Ryan officer: Executive VP, Global Sales 2900 UNIVERSITY BOULEVARD, AMES IA 50010

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