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Headwaters (Headwaters) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Headwaters Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Headwaters Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Headwaters'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.

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Headwaters Cyclically Adjusted PS Ratio Chart

Headwaters Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cyclically Adjusted PS Ratio
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Headwaters Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Headwaters's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Headwaters'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.


Headwaters's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

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

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



Headwaters 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.

Headwaters's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Headwaters's adjusted Revenue per Share data for the three months ended in Mar. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=3.413/102.8622*102.8622
=3.413

Current CPI (Mar. 2017) = 102.8622.

Headwaters Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200706 7.104 87.906 8.313
200709 7.922 87.964 9.264
200712 5.775 88.616 6.703
200803 4.111 90.090 4.694
200806 4.901 92.320 5.461
200809 5.696 92.307 6.347
200812 4.017 88.697 4.659
200903 3.313 89.744 3.797
200906 4.199 91.003 4.746
200909 3.850 91.120 4.346
200912 2.331 91.111 2.632
201003 2.138 91.821 2.395
201006 3.199 91.962 3.578
201009 2.075 92.162 2.316
201012 2.251 92.474 2.504
201103 1.874 94.283 2.045
201106 2.657 95.235 2.870
201109 2.945 95.727 3.165
201112 2.260 95.213 2.442
201203 2.129 96.783 2.263
201206 2.859 96.819 3.037
201209 3.118 97.633 3.285
201212 2.413 96.871 2.562
201303 1.939 98.209 2.031
201306 2.658 98.518 2.775
201309 2.777 98.790 2.891
201312 2.267 98.326 2.372
201403 2.140 99.695 2.208
201406 2.995 100.560 3.064
201409 3.136 100.428 3.212
201412 2.650 99.070 2.751
201503 2.443 99.621 2.522
201506 3.199 100.684 3.268
201509 3.621 100.392 3.710
201512 2.898 99.792 2.987
201603 2.686 100.470 2.750
201606 3.478 101.688 3.518
201609 3.862 101.861 3.900
201612 3.377 101.863 3.410
201703 3.413 102.862 3.413

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.


Headwaters  (NYSE:HW) 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.


Headwaters Cyclically Adjusted PS Ratio Related Terms

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


Headwaters (Headwaters) Business Description

Traded in Other Exchanges
N/A
Address
Headwaters is a manufacturer of building products for the residential construction, residential remodelling, commercial, and industrial construction industries. The range of products includes architectural stone, resin-based exterior-siding accessories, roofing, trim board, decking, railing, concrete block and brick, windows, and other building products. Headwaters sells its products to wholesale distributors in the United States or big-box stores, as well as through an in-house direct salesforce.
Executives
Donald P Newman officer: Chief Financial Officer 224 S 108TH AVENUE, OMAHA NE 68154
Sylvia Summers director 200 FLYNN ROAD, CAMARILLO CA 93012
Malyn K Malquist director 10653 S. RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095
Ej Jake Garn director 10653 SOUTH RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095
Scott K Sorensen officer: Chief Financial Officer 10653 S. RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095

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