GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Willis Towers Watson PLC (NAS:WTW) » Definitions » Cyclically Adjusted PS Ratio

Willis Towers Watson (Willis Towers Watson) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Willis Towers Watson Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Willis Towers Watson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Willis Towers Watson'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.

Willis Towers Watson Cyclically Adjusted PS Ratio Chart

Willis Towers Watson 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 3.27 3.34 3.55 3.29 3.05

Willis Towers Watson 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 3.09 3.05 2.68 3.05 -

Competitive Comparison of Willis Towers Watson's Cyclically Adjusted PS Ratio

For the Insurance Brokers subindustry, Willis Towers Watson'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.


Willis Towers Watson's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Willis Towers Watson's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Willis Towers Watson 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.

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

For example, Willis Towers Watson'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)
=22.51/130.0000*130.0000
=22.510

Current CPI (Mar. 2024) = 130.0000.

Willis Towers Watson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.609 99.800 17.727
201409 12.084 100.000 15.709
201412 14.541 99.900 18.922
201503 15.754 99.600 20.562
201506 13.362 100.100 17.353
201509 12.261 100.200 15.907
201512 14.116 100.400 18.278
201603 16.426 100.400 21.269
201606 13.921 101.000 17.918
201609 12.877 101.500 16.493
201612 14.066 102.200 17.892
201703 16.804 102.700 21.271
201706 14.255 103.500 17.905
201709 13.821 104.300 17.227
201712 15.624 105.000 19.344
201803 17.233 105.100 21.316
201806 14.962 105.900 18.367
201809 14.083 106.600 17.174
201812 17.970 107.100 21.812
201903 17.785 107.000 21.608
201906 15.754 107.900 18.981
201909 15.300 108.400 18.349
201912 15.546 108.500 18.627
202003 18.969 108.600 22.707
202006 16.254 108.800 19.421
202009 14.592 109.200 17.371
202012 20.531 109.400 24.397
202103 17.138 109.700 20.309
202106 16.085 111.400 18.771
202109 15.295 112.400 17.690
202112 21.476 114.700 24.341
202203 18.305 116.500 20.426
202206 18.134 120.500 19.564
202209 17.595 122.300 18.703
202212 24.972 125.300 25.909
202303 20.778 126.800 21.302
202306 20.178 129.400 20.272
202309 20.629 130.100 20.613
202312 28.291 130.000 28.291
202403 22.510 130.000 22.510

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.


Willis Towers Watson  (NAS:WTW) 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.


Willis Towers Watson Cyclically Adjusted PS Ratio Related Terms

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


Willis Towers Watson (Willis Towers Watson) Business Description

Traded in Other Exchanges
Address
C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ
In January 2016, Towers Watson and Willis Group merged to form Willis Towers Watson, a global advisory, insurance brokerage, and solutions company. The company operates in two business segments: health, wealth, and career (its consulting operations) and risk and brokering (its brokerage operations). It has about 47,000 employees.
Executives
Pamela Thomson-hall officer: Head of International 51 LIME STREET, LONDON X0 EC3M 7DQ
Anne Pullum officer: Head of Strategy and CAO C/O WILLIS TOWERS WATSON, 200 LIBERTY ST, 7TH FLOOR, NEW YORK NY 10281
Julie Jarecke Gebauer officer: Head of Human Capital&Benefits JUPITER SATURN HOLDING CO, 875 THIRD AVENUE, NEW YORK NY 10022
Fredric J Tomczyk director TORONTO DOMINION CENTRE, PO BOX 1, TORONTO A6 M5K IA2
Stephen M. Chipman director 3101 DREXEL DRIVE, DALLAS TX 75205
Jacqueline Hunt director 53 SOUTH GREEN, MATTISHALL, NORFOLK X0 N220 3JY
Anne Donovan Bodnar officer: Head of Human Resources 901 N. GLEBE ROAD, ARLINGTON VA 22203
Gene H Wickes officer: Head of Exchange Solutions 901 N GLEBE ROAD, ARLINGTON VA 22203
Brendan R Oneill director C/O IMPERIAL CHEMICAL INDUSTRIES PLC, 20 MANCHESTER SQUARE, LONDON X0 W1U 3AN
Paul C Reilly director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Alexis Faber officer: Chief Operating Officer 3340 PLAYERS CLUB PARKWAY, SUITE 200, MEMPHIS TN 38125
Andrew Jay Krasner officer: Chief Financial Officer 1450 BRICKELL AVENUE, SUITE 1600, MIAMI FL 33131
Fumbi F. Chima director 44 THORNBURY CT., 36-38 CHEPSTOW VILLAS, LONDON X0 WII 2RE
Michelle R Swanback director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Inga K Beale director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092

Willis Towers Watson (Willis Towers Watson) Headlines