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Wavestone (XPAR:WAVE) Cyclically Adjusted PS Ratio : 3.49 (As of Jun. 10, 2024)


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What is Wavestone Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Wavestone's current share price is €67.20. Wavestone's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was €19.28. Wavestone's Cyclically Adjusted PS Ratio for today is 3.49.

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

XPAR:WAVE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.69   Max: 4.7
Current: 3.49

During the past 13 years, Wavestone's highest Cyclically Adjusted PS Ratio was 4.70. The lowest was 0.95. And the median was 2.69.

XPAR:WAVE's Cyclically Adjusted PS Ratio is ranked worse than
66.94% of 1461 companies
in the Software industry
Industry Median: 1.81 vs XPAR:WAVE: 3.49

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.

Wavestone's adjusted revenue per share data of for the fiscal year that ended in Mar23 was €26.677. 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 €19.28 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wavestone Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wavestone'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.

Wavestone Cyclically Adjusted PS Ratio Chart

Wavestone Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 1.37 2.44 2.80 2.31

Wavestone Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.80 - 2.31 -

Competitive Comparison of Wavestone's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Wavestone'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.


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

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

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



Wavestone 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.20/19.28
=3.49

* 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.

Wavestone's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Wavestone's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=26.677/116.7900*116.7900
=26.677

Current CPI (Mar23) = 116.7900.

Wavestone Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.238 100.240 8.433
201503 8.323 100.170 9.704
201603 11.879 100.020 13.871
201703 17.268 101.170 19.934
201803 17.956 102.750 20.410
201903 19.623 103.890 22.060
202003 21.237 104.590 23.714
202103 20.944 105.750 23.130
202203 23.491 110.490 24.830
202303 26.677 116.790 26.677

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.


Wavestone  (XPAR:WAVE) 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.


Wavestone Cyclically Adjusted PS Ratio Related Terms

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


Wavestone (XPAR:WAVE) Business Description

Industry
Traded in Other Exchanges
Address
100-101 Terrasse Boieldieu, Tour Franklin, Paris La Defense Cedex, Paris, FRA, 92042
Wavestone SA is a management and Information Technology consulting firm. The company serves Services, Consumer goods and distribution, Energy and Utilities, Manufacturing, Public sector and International Institutions, and the Transport and Travel sector. Its technologies include IT and Data architecture, Cybersecurity and digital trust, and others. It provides services such as financial risks and purchases, management and financing of innovation, supply chain, and others. Geographically, it generates the majority of its revenue from France.

Wavestone (XPAR:WAVE) Headlines

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