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Oracle (BUE:ORCL) Cyclically Adjusted PB Ratio : 17.91 (As of May. 28, 2024)


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What is Oracle Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Oracle's current share price is ARS50619.00. Oracle's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was ARS2,826.84. Oracle's Cyclically Adjusted PB Ratio for today is 17.91.

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

BUE:ORCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.36   Med: 6   Max: 16.11
Current: 15.49

During the past years, Oracle's highest Cyclically Adjusted PB Ratio was 16.11. The lowest was 4.36. And the median was 6.00.

BUE:ORCL's Cyclically Adjusted PB Ratio is ranked worse than
93.44% of 1357 companies
in the Software industry
Industry Median: 2.6 vs BUE:ORCL: 15.49

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Oracle's adjusted book value per share data for the three months ended in Feb. 2024 was ARS2,149.308. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS2,826.84 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oracle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oracle's Cyclically Adjusted PB 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.

Oracle Cyclically Adjusted PB Ratio Chart

Oracle Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 5.32 7.85 7.53 12.30

Oracle Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PB 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 9.91 12.30 14.32 14.30 14.08

Competitive Comparison of Oracle's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Oracle's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Oracle's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Oracle's Cyclically Adjusted PB Ratio falls into.



Oracle Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Oracle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50619.00/2826.84
=17.91

* 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.

Oracle's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Oracle's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2149.308/130.9299*130.9299
=2,149.308

Current CPI (Feb. 2024) = 130.9299.

Oracle Quarterly Data

Book Value per Share CPI Adj_Book
201405 253.261 100.373 330.364
201408 266.231 100.352 347.352
201411 276.113 99.635 362.840
201502 287.853 99.032 380.571
201505 302.263 100.333 394.441
201508 306.720 100.548 399.399
201511 316.302 100.135 413.577
201602 513.357 100.040 671.871
201605 490.815 101.355 634.031
201608 516.917 101.617 666.031
201611 534.085 101.829 686.714
201702 570.847 102.779 727.203
201705 630.404 103.256 799.364
201708 699.937 103.587 884.692
201711 704.580 104.072 886.409
201802 706.364 105.052 880.366
201805 713.959 106.148 880.646
201808 820.715 106.383 1,010.086
201811 906.299 106.338 1,115.896
201902 770.059 106.649 945.380
201905 860.781 108.048 1,043.074
201908 735.109 108.245 889.169
201911 865.216 108.519 1,043.899
202002 814.108 109.139 976.654
202005 786.801 108.175 952.303
202008 683.104 109.662 815.584
202011 581.787 109.793 693.788
202102 807.733 110.968 953.032
202105 522.011 113.576 601.771
202108 -157.549 115.421 -178.719
202111 -1,132.477 117.269 -1,264.399
202202 -1,027.875 119.703 -1,124.281
202205 -807.387 123.323 -857.190
202208 -862.226 124.958 -903.435
202211 -743.105 125.607 -774.593
202302 -503.783 126.928 -519.668
202305 263.892 128.314 269.271
202308 716.451 129.538 724.152
202311 1,476.688 129.548 1,492.439
202402 2,149.308 130.930 2,149.308

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Oracle  (BUE:ORCL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Oracle Cyclically Adjusted PB Ratio Related Terms

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


Oracle (BUE:ORCL) Business Description

Industry
Address
2300 Oracle Way, Austin, TX, USA, 78741
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

Oracle (BUE:ORCL) Headlines

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