GURUFOCUS.COM » STOCK LIST » Technology » Software » SAP SE (BUE:SAP) » Definitions » Cyclically Adjusted PS Ratio

SAP SE (BUE:SAP) Cyclically Adjusted PS Ratio : 8.14 (As of Jun. 10, 2024)


View and export this data going back to . Start your Free Trial

What is SAP SE Cyclically Adjusted PS Ratio?

As of today (2024-06-10), SAP SE's current share price is ARS40010.00. SAP SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS4,916.82. SAP SE's Cyclically Adjusted PS Ratio for today is 8.14.

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

BUE:SAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.76   Med: 5.9   Max: 7.76
Current: 7.12

During the past years, SAP SE's highest Cyclically Adjusted PS Ratio was 7.76. The lowest was 3.76. And the median was 5.90.

BUE:SAP's Cyclically Adjusted PS Ratio is ranked worse than
86.22% of 1459 companies
in the Software industry
Industry Median: 1.82 vs BUE:SAP: 7.12

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.

SAP SE's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS18,736.980. 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 ARS4,916.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAP SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SAP SE'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.

SAP SE Cyclically Adjusted PS Ratio Chart

SAP SE Annual Data
Trend Dec14 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 6.97 5.85 6.21 4.26 5.72

SAP SE 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 4.94 5.25 5.06 5.72 7.24

Competitive Comparison of SAP SE's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, SAP SE'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.


SAP SE's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SAP SE 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.

SAP SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40010.00/4916.82
=8.14

* 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.

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

For example, SAP SE'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)
=18736.98/125.0381*125.0381
=18,736.980

Current CPI (Mar. 2024) = 125.0381.

SAP SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 114.849 99.543 144.265
201409 115.574 99.823 144.768
201412 144.084 99.543 180.988
201503 107.490 99.717 134.785
201506 126.923 100.417 158.044
201509 131.731 100.417 164.030
201512 223.356 99.717 280.074
201603 192.346 100.017 240.466
201606 205.783 100.717 255.476
201609 225.152 101.017 278.692
201612 281.374 101.217 347.595
201703 218.039 101.417 268.823
201706 267.745 102.117 327.843
201709 292.320 102.717 355.843
201712 386.051 102.617 470.400
201803 328.411 102.917 398.999
201806 439.229 104.017 527.993
201809 649.592 104.718 775.646
201812 800.461 104.217 960.378
201903 676.082 104.217 811.151
201906 841.116 105.718 994.835
201909 1,050.942 106.018 1,239.489
201912 1,341.652 105.818 1,585.347
202003 1,126.554 105.718 1,332.438
202006 1,321.651 106.618 1,549.992
202009 1,453.055 105.818 1,716.985
202012 1,899.184 105.518 2,250.528
202103 1,730.443 107.518 2,012.421
202106 1,935.419 108.486 2,230.717
202109 2,001.908 109.435 2,287.344
202112 2,057.227 110.384 2,330.346
202203 2,039.680 113.968 2,237.799
202206 2,342.236 115.760 2,529.956
202209 2,630.800 118.818 2,768.527
202212 3,656.042 119.345 3,830.449
202303 4,021.749 122.402 4,108.350
202306 4,994.403 123.140 5,071.371
202309 7,353.115 124.195 7,403.056
202312 8,453.871 123.773 8,540.286
202403 18,736.980 125.038 18,736.980

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.


SAP SE  (BUE:SAP) 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.


SAP SE Cyclically Adjusted PS Ratio Related Terms

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


SAP SE (BUE:SAP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SAP SE (BUE:SAP) » Definitions » Cyclically Adjusted PS Ratio
Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.