WMS - Advanced Drainage Systems Inc Stock Price, Fair Value and News

162.67USD+1.33 (+0.82%)Market Closed

Market Summary

USD162.67+1.33

Market Closed

0.82%

WMS Stock Price

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WMS RSI Chart

WMS Valuation

Market Cap

12.5B

Price/Earnings (Trailing)

Price/Sales (Trailing)

4.41

EV/EBITDA

15.35

Price/Free Cashflow

21.93

WMS Price/Sales (Trailing)

WMS Profitability

EBT Margin

23.03%

Return on Equity

46.45%

Return on Assets

15.84%

Free Cashflow Yield

4.56%

WMS Fundamentals

WMS Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

1.1%

Rev. Growth (Qtr)

-15.11%

WMS Earnings

Earnings (TTM)

501.0M

Earnings Growth (Yr)

28.77%

Earnings Growth (Qtr)

-22.21%

Breaking Down WMS Revenue

Last 7 days

2.9%

Last 30 days

-3.8%

Last 90 days

23.1%

Trailing 12 Months

99.7%

How does WMS drawdown profile look like?

WMS Financial Health

Current Ratio

3.03

Debt/Equity

1.17

Debt/Cashflow

0.59

WMS Investor Care

Dividend Yield

0.33%

Dividend/Share (TTM)

0.54

Buy Backs (1Y)

4.45%

Diluted EPS (TTM)

6.3

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	3.1B	2.9B	2.8B	2.8B
2022	2.8B	3.0B	3.2B	3.1B
2021	2.0B	2.1B	2.3B	2.5B
2020	1.7B	1.8B	1.8B	1.9B
2019	1.4B	1.4B	1.5B	1.6B
2018	1.3B	1.4B	1.4B	1.4B
2017	1.3B	1.3B	1.3B	1.3B
2016	1.3B	1.3B	1.3B	1.3B
2015	1.2B	1.2B	1.2B	1.3B
2014	1.1B	1.1B	1.1B	1.2B
2013	1.0B	1.0B	1.0B	1.1B
2012	1.0B	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Advanced Drainage Systems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	barbour d. scott	gifted	-	-	4,305	see remarks
Mar 13, 2024	barbour d. scott	gifted	-	-	-4,305	see remarks
Mar 06, 2024	huebert michael g.	sold	-1,635,210	163	-10,000	executive vice president
Feb 28, 2024	seetharam anil	sold	-124,352,000	163	-762,895	-
Feb 28, 2024	jones ross m	sold	-124,352,000	163	-762,895	-
Feb 27, 2024	waun thomas j. sr.	acquired	70,335	46.89	1,500	evp, international
Feb 27, 2024	waun thomas j. sr.	sold	-246,585	164	-1,500	evp, international
Feb 21, 2024	eversole robert m	gifted	-	-	-46,116	-

Which funds bought or sold WMS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-18.35	-12.00	351,025	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	0.71	106,000	562,000	-%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-28.39	-502,000	3,077,000	0.01%
Apr 24, 2024	Catalyst Capital Advisors LLC	new	-	11,885	11,885	-%
Apr 24, 2024	CENTRAL TRUST Co	unchanged	-	1,169	6,373	-%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	4.2	57,291	264,734	0.01%
Apr 23, 2024	AMALGAMATED BANK	reduced	-19.43	-97,000	7,233,000	0.06%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.07	678,776	3,393,130	0.07%
Apr 23, 2024	Summit Trail Advisors, LLC	new	-	206,860	206,860	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	446,000	2,429,000	0.09%

Are Funds Buying or Selling WMS?

Are funds buying WMS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WMS

No. of Funds

Unveiling Advanced Drainage Systems Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.82%	6,870,070	SC 13G/A
Feb 09, 2024	principal financial group inc	9.00%	7,009,312	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	6,986,316	SC 13G
Feb 09, 2023	vanguard group inc	8.05%	6,666,198	SC 13G/A
Feb 07, 2023	principal financial group inc	10.80%	8,772,952	SC 13G
Sep 09, 2022	berkshire partners holdings llc	2.4%	1,968,728	SC 13D/A
Aug 18, 2022	berkshire partners holdings llc	2.4%	1,968,728	SC 13D/A
Jun 14, 2022	berkshire partners holdings llc	3.5%	2,968,728	SC 13D/A
Feb 14, 2022	chlapaty joseph a	4.3%	3,128,081	SC 13G/A
Feb 14, 2022	advanced drainage systems, inc. employee stock ownership plan	17.1%	12,370,592	SC 13G/A

Recent SEC filings of Advanced Drainage Systems Inc

View All Filings

Date Filed	Form Type	Document
Mar 15, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 06, 2024	144	Notice of Insider Sale Intent
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 28, 2024	144	Notice of Insider Sale Intent
Feb 27, 2024	144	Notice of Insider Sale Intent
Feb 23, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to Advanced Drainage Systems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	48.1B	23.0B	3.98%	47.18%	35.87	2.09	9.35%	-48.07%
BLDR	22.6B	17.1B	-10.55%	104.99%	14.66	1.32	-24.77%	-43.97%
HUBB	21.6B	5.4B	-2.72%	54.63%	28.38	4.01	8.59%	39.18%
CSL	18.2B	4.8B	-1.71%	79.63%	23.76	3.77	-14.85%	-16.95%
LECO	13.0B	4.1B	-9.90%	46.08%	23.73	3.14	6.67%	16.79%
MID-CAP
AYI	7.8B	3.9B	-6.08%	64.11%	20.53	2.01	-6.35%	-0.40%
AAON	7.3B	1.2B	3.86%	43.60%	41.29	6.28	31.47%	76.96%
ATKR	6.7B	3.5B	-0.76%	50.37%	10.18	1.91	-10.84%	-25.77%
AEIS	3.5B	1.7B	-4.82%	11.77%	27.29	2.11	-10.27%	-35.75%
PLUG	1.6B	891.3M	-26.40%	-72.02%	-1.18	1.82	27.07%	-89.06%
SMALL-CAP
APOG	1.4B	1.4B	4.60%	47.84%	13.01	0.97	-1.78%	53.96%
ACTG	488.5M	130.3M	-6.50%	32.16%	7.28	3.75	54.06%	153.62%
ACCO	460.4M	1.8B	-12.45%	10.48%	-21.12	0.25	-5.89%	-65.15%
FCEL	379.6M	103.0M	-23.64%	-53.33%	-4.15	3.68	-24.12%	24.29%
APT	70.4M	61.2M	-5.96%	54.14%	16.8	1.15	-1.21%	27.64%

Advanced Drainage Systems Inc News

Latest updates

Advanced Drainage Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-15.1%	662	780	778	618	655	884	914	678	715	706	669	444	486	544	509	371	393	496	414	272	318
Gross Profit	-14.1%	260	303	331	222	224	320	352	190	209	200	201	127	169	206	189	109	123	147	-62.16	60.00	72.00
S&GA Expenses	-0.5%	91.00	92.00	87.00	-	86.00	89.00	87.00	-	80.00	74.00	76.00	73.00	67.00	66.00	62.00	185	30.00	30.00	26.00	114	23.00
EBITDA Margin	3.8%	0.30*	0.29*	0.28*	0.27*	0.26*	0.25*	0.23*	0.20*	0.20*	0.21*	0.23*	0.25*	0.25*	0.24*	0.18*	-	-	-	-	-	-
Interest Expenses	-27.8%	18.00	25.00	8.00	-	6.00	14.00	5.00	-	5.00	12.00	4.00	-	4.00	14.00	7.00	-	6.00	14.00	4.00	-	3.00
Income Taxes	-36.5%	30.00	47.00	55.00	22.00	26.00	48.00	55.00	28.00	29.00	27.00	26.00	7.00	20.00	32.00	27.00	-8.76	4.00	-3.55	22.00	1.00	2.00
Earnings Before Taxes	-26.1%	136	184	227	107	109	199	242	75.00	103	103	103	28.00	75.00	112	98.00	-6.60	28.00	5.00	-205	3.00	19.00
EBT Margin	4.1%	0.23*	0.22*	0.22*	0.21*	0.20*	0.19*	0.17*	0.14*	0.13*	0.13*	0.15*	0.16*	-	-	-	-	-	-	-	-	-
Net Income	-22.2%	106	136	174	86.00	82.00	152	187	46.00	74.00	75.00	76.00	20.00	54.00	80.00	70.00	2.00	23.00	8.00	-226	1.00	16.00
Net Income Margin	4.7%	0.18*	0.17*	0.17*	0.17*	0.15*	0.14*	0.13*	0.10*	0.10*	0.10*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	7.6%	188	174	202	7.00	172	148	214	32.00	62.00	-47.69	79.00	-17.64	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.8%	3,162	3,138	3,049	2,901	3,006	3,178	3,225	2,650	2,556	2,507	2,475	2,414	2,342	2,373	2,415	2,370	2,249	2,295	1,068	1,042	1,007
Current Assets	0.5%	1,238	1,232	1,169	1,017	1,157	1,348	1,401	872	807	818	796	743	664	701	729	666	526	564	481	467	426
Cash Equivalents	19.2%	561	470	366	217	427	457	464	20.00	22.00	14.00	143	195	224	204	235	174	98.00	54.00	9.00	9.00	20.00
Inventory	5.3%	405	385	435	464	459	479	489	494	466	425	331	301	239	223	239	282	261	249	230	265	246
Net PPE	4.8%	811	774	747	733	685	653	636	619	591	544	518	504	496	482	477	481	488	492	396	399	403
Goodwill	-0.4%	617	620	620	620	619	619	620	610	612	599	599	599	599	598	598	598	668	670	103	103	102
Liabilities	-0.8%	1,940	1,956	1,937	1,906	1,890	1,962	2,029	1,545	1,535	1,575	1,449	1,350	1,316	1,418	1,551	1,585	1,453	1,532	608	542	512
Current Liabilities	-4.4%	409	428	420	379	370	439	505	391	364	414	407	318	278	282	259	238	222	241	244	206	190
Long Term Debt	-0.2%	1,262	1,264	1,267	1,269	1,272	1,275	1,279	909	932	902	781	782	784	886	1,037	1,089	991	1,043	230	209	201
LT Debt, Current	-5.2%	12.00	13.00	14.00	15.00	16.00	17.00	18.00	19.00	21.00	7.00	7.00	7.00	7.00	7.00	8.00	8.00	8.00	6.00	26.00	26.00	26.00
LT Debt, Non Current	-0.2%	1,262	1,264	1,267	1,269	1,272	1,275	1,279	909	932	902	781	782	784	886	1,037	1,089	991	1,043	230	209	201
Shareholder's Equity	2.8%	1,079	1,049	963	824	959	1,056	1,008	910	815	710	806	834	785	710	615	537	546	512	212	398	380
Retained Earnings	10.4%	1,008	914	789	626	550	478	336	159	122	57.00	-8.67	-75.20	-86.90	-133	-205	-267	-261	-277	-278	18.00	22.00
Additional Paid-In Capital	1.9%	1,196	1,174	1,147	1,135	1,129	1,119	1,080	1,066	1,009	968	951	919	883	859	840	828	817	801	501	391	383
Shares Outstanding	0.3%	70.00	70.00	70.00	70.00	83.00	83.00	83.00	72.00	71.00	71.00	72.00	70.00	-	-	-	-	-	-	-	-	-
Minority Interest	11.4%	22.00	19.00	19.00	17.00	18.00	17.00	18.00	17.00	15.00	15.00	15.00	14.00	13.00	13.00	12.00	12.00	15.00	14.00	13.00	14.00	13.00
Float	-	-	-	-	-	-	10,068	-	-	-	6,032	-	-	-	3,115	-	-	-	1,540	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	12.3%	241,398	214,897	243,967	47,372	223,414	187,259	249,765	81,041	98,969	-9,470	104,348	3,440	162,608	152,435	133,733	9,871	124,607	108,871	62,840	3,656	89,861
Share Based Compensation	-20.7%	7,402	9,331	6,903	-	6,179	7,460	6,273	-	23,463	17,631	20,806	20,021	18,325	14,626	12,462	5,030	11,283	8,657	7,425	5,686	4,382
Cashflow From Investing	-33.3%	-53,679	-40,256	-21,944	-39,655	-51,313	-39,841	-83,668	-48,793	-87,832	-36,715	-25,493	-20,715	-28,655	-18,644	-9,860	-14,608	-21,507	-1,104,619	-9,736	-12,523	-11,151
Cashflow From Financing	-33.2%	-93,050	-69,874	-73,512	-217,688	-203,410	-152,857	277,677	-34,494	-2,981	-82,272	-131,321	-11,467	-115,323	-164,845	-62,948	83,156	-59,721	1,040,770	-52,633	-2,276	-76,289
Dividend Payments	-2.3%	10,887	11,140	11,084	9,501	9,744	10,197	10,170	9,197	9,068	9,307	9,451	6,178	9,105	7,665	7,737	8,281	7,522	6,683	69,641	5,064	9,466
Buy Backs	14.7%	70,905	61,836	47,778	204,831	179,864	127,802	57,699	-	-	176,622	115,378	-	-	-	-	-	-	-	-	-	-

WMS Income Statement

2023-12-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net sales	$ 662,367,000	$ 655,167,000	$ 2,220,633,000	$ 2,453,562,000
Cost of goods sold	402,518,000	431,250,000	1,326,647,000	1,557,575,000
Gross profit	259,849,000	223,917,000	893,986,000	895,987,000
Operating expenses:
Selling, general and administrative	91,289,000	85,936,000	269,525,000	261,095,000
Loss (gain) on disposal of assets and costs from exit and disposal activities	2,512,000	(348,000)	(10,669,000)	(147,000)
Intangible amortization	12,782,000	13,842,000	38,376,000	41,360,000
Income from operations	153,266,000	124,487,000	596,754,000	593,679,000
Other expense:
Interest expense	22,331,000	20,001,000	65,984,000	49,334,000
Derivative gain and other income, net	(4,772,000)	(4,125,000)	(15,827,000)	(5,632,000)
Income before income taxes	135,707,000	108,611,000	546,597,000	549,977,000
Income tax expense	30,131,000	26,068,000	132,665,000	128,641,000
Equity in net income of unconsolidated affiliates	(1,304,000)	(639,000)	(3,880,000)	(3,705,000)
Net income	106,880,000	83,182,000	417,812,000	425,041,000
Less: net income attributable to noncontrolling interest	1,241,000	1,142,000	2,719,000	3,848,000
Net income attributable to ADS	$ 105,639,000	$ 82,040,000	$ 415,093,000	$ 421,193,000
Weighted average common shares outstanding:
Basic (in shares)	77,857	82,067	78,455	82,891
Diluted (in shares)	78,586	82,987	79,188	83,980
Net income per share:
Basic (in dollars per share)	$ 1.36	$ 1.00	$ 5.29	$ 5.08
Diluted (in dollars per share)	$ 1.34	$ 0.99	$ 5.24	$ 5.02

WMS Balance Sheet

2023-12-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Current assets:
Cash	$ 560,744	$ 217,128
Receivables (less allowance for doubtful accounts of $6,058 and $8,227, respectively)	240,810	306,945
Inventories	405,409	463,994
Other current assets	31,459	29,422
Total current assets	1,238,422	1,017,489
Property, plant and equipment, net	810,887	733,059
Other assets:
Goodwill	617,397	620,193
Intangible assets, net	365,631	407,627
Other assets	129,622	122,757
Total assets	3,161,959	2,901,125
Current liabilities:
Current maturities of debt obligations	12,275	14,693
Current maturities of finance lease obligations	12,844	8,541
Accounts payable	207,902	210,111
Other accrued liabilities	162,275	142,400
Accrued income taxes	13,829	3,057
Total current liabilities	409,125	378,802
Long-term debt obligations (less unamortized debt issuance costs of $10,270 and $11,804, respectively)	1,261,742	1,269,391
Long-term finance lease obligations	37,947	32,272
Deferred tax liabilities	159,296	159,056
Other liabilities	71,980	66,744
Total liabilities	1,940,090	1,906,265
Commitments and contingencies (see Note 9)
Mezzanine equity:
Redeemable common stock: $0.01 par value; 7,488 and 9,429 shares outstanding, respectively	121,686	153,220
Total mezzanine equity	121,686	153,220
Stockholders’ equity:
Common stock; $0.01 par value: 1,000,000 shares authorized; 81,415 and 79,057 shares issued, respectively; 70,200 and 69,518 shares outstanding, respectively	11,670	11,647
Paid-in capital	1,195,893	1,134,864
Common stock in treasury, at cost	(1,110,670)	(920,999)
Accumulated other comprehensive loss	(26,601)	(27,580)
Retained earnings	1,008,270	626,215
Total ADS stockholders’ equity	1,078,562	824,147
Noncontrolling interest in subsidiaries	21,621	17,493
Total stockholders’ equity	1,100,183	841,640
Total liabilities, mezzanine equity and stockholders’ equity	$ 3,161,959	$ 2,901,125

About Advanced Drainage Systems Inc

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the construction and agriculture marketplaces in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. In addition, it provides Presby environmental enviro-septic and advanced enviro-septic systems, alternative combined treatment and dispersal systems, PVC hubs, rubber sleeves, and stainless-steel bands. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 40 distribution centers. Advanced Drainage Systems, Inc. incorporated in 1966 and is headquartered in Hilliard, Ohio.

CEO	Mr. Donald Scott Barbour
WEBSITE	adspipe.com
INDUSTRY	Communication Equipment
EMPLOYEES	5870

Advanced Drainage Systems Inc Frequently Asked Questions

What is the ticker symbol for Advanced Drainage Systems Inc? What does WMS stand for in stocks?

WMS is the stock ticker symbol of Advanced Drainage Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Advanced Drainage Systems Inc (WMS)?

As of Thu Apr 25 2024, market cap of Advanced Drainage Systems Inc is 12.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WMS stock?

You can check WMS's fair value in chart for subscribers.

What is the fair value of WMS stock?

You can check WMS's fair value in chart for subscribers. The fair value of Advanced Drainage Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Advanced Drainage Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WMS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Advanced Drainage Systems Inc a good stock to buy?

The fair value guage provides a quick view whether WMS is over valued or under valued. Whether Advanced Drainage Systems Inc is cheap or expensive depends on the assumptions which impact Advanced Drainage Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WMS.

What is Advanced Drainage Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, WMS's PE ratio (Price to Earnings) is 25 and Price to Sales (PS) ratio is 4.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WMS PE ratio will change depending on the future growth rate expectations of investors.