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Casella Waste Systems (FRA:WA3) Cyclically Adjusted PS Ratio : 5.06 (As of Jun. 01, 2024)


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What is Casella Waste Systems Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Casella Waste Systems's current share price is €90.86. Casella Waste Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.96. Casella Waste Systems's Cyclically Adjusted PS Ratio for today is 5.06.

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

FRA:WA3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.83   Max: 5.49
Current: 5.18

During the past years, Casella Waste Systems's highest Cyclically Adjusted PS Ratio was 5.49. The lowest was 0.18. And the median was 1.83.

FRA:WA3's Cyclically Adjusted PS Ratio is ranked worse than
86.23% of 138 companies
in the Waste Management industry
Industry Median: 1.3 vs FRA:WA3: 5.18

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.

Casella Waste Systems's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.406. 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 €17.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casella Waste Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Casella Waste Systems'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.

Casella Waste Systems Cyclically Adjusted PS Ratio Chart

Casella Waste Systems Annual Data
Trend Apr14 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 2.84 3.91 5.17 4.50 4.52

Casella Waste Systems 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 4.58 4.91 4.07 4.52 5.09

Competitive Comparison of Casella Waste Systems's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Casella Waste Systems'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.


Casella Waste Systems's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

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

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



Casella Waste Systems 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.86/17.96
=5.06

* 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.

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

For example, Casella Waste Systems'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)
=5.406/131.7762*131.7762
=5.406

Current CPI (Mar. 2024) = 131.7762.

Casella Waste Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2.157 100.023 2.842
201407 2.604 100.520 3.414
201410 2.751 100.176 3.619
201503 2.665 99.621 3.525
201506 3.135 100.684 4.103
201509 3.155 100.392 4.141
201512 3.144 99.792 4.152
201603 2.748 100.470 3.604
201606 3.095 101.688 4.011
201609 3.184 101.861 4.119
201612 3.291 101.863 4.257
201703 3.008 102.862 3.854
201706 3.278 103.349 4.180
201709 3.106 104.136 3.930
201712 3.040 104.011 3.852
201803 2.822 105.290 3.532
201806 3.229 106.317 4.002
201809 3.353 106.507 4.149
201812 3.424 105.998 4.257
201903 3.155 107.251 3.876
201906 3.440 108.070 4.195
201909 3.728 108.329 4.535
201912 3.565 108.420 4.333
202003 3.430 108.902 4.150
202006 3.452 108.767 4.182
202009 3.539 109.815 4.247
202012 3.244 109.897 3.890
202103 3.098 111.754 3.653
202106 3.476 114.631 3.996
202109 3.987 115.734 4.540
202112 4.152 117.630 4.651
202203 4.114 121.301 4.469
202206 5.182 125.017 5.462
202209 5.756 125.227 6.057
202212 4.957 125.222 5.216
202303 4.729 127.348 4.893
202306 5.046 128.729 5.165
202309 5.692 129.860 5.776
202312 5.673 129.419 5.776
202403 5.406 131.776 5.406

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.


Casella Waste Systems  (FRA:WA3) 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.


Casella Waste Systems Cyclically Adjusted PS Ratio Related Terms

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


Casella Waste Systems (FRA:WA3) Business Description

Traded in Other Exchanges
Address
25 Greens Hill Lane, Rutland, VT, USA, 05701
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.

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