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Oracle (BSP:ORCL34) Cyclically Adjusted PS Ratio : 9.13 (As of May. 22, 2024)


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What is Oracle Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Oracle's current share price is R$106.44. Oracle's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was R$11.66. Oracle's Cyclically Adjusted PS Ratio for today is 9.13.

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

BSP:ORCL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.87   Med: 6.38   Max: 9.46
Current: 8.82

During the past years, Oracle's highest Cyclically Adjusted PS Ratio was 9.46. The lowest was 4.87. And the median was 6.38.

BSP:ORCL34's Cyclically Adjusted PS Ratio is ranked worse than
89% of 1445 companies
in the Software industry
Industry Median: 1.87 vs BSP:ORCL34: 8.82

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.

Oracle's adjusted revenue per share data for the three months ended in Feb. 2024 was R$3.895. 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 R$11.66 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oracle Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oracle'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.

Oracle Cyclically Adjusted PS Ratio Chart

Oracle Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 5.72 7.57 6.02 7.99

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 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 6.76 7.99 8.86 8.43 7.90

Competitive Comparison of Oracle's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Oracle'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.


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

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

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



Oracle 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=106.44/11.66
=9.13

* 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 Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.895/130.9299*130.9299
=3.895

Current CPI (Feb. 2024) = 130.9299.

Oracle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.917 100.373 1.196
201408 0.715 100.352 0.933
201411 0.906 99.635 1.191
201502 0.974 99.032 1.288
201505 1.222 100.333 1.595
201508 1.122 100.548 1.461
201511 1.315 100.135 1.719
201602 1.399 100.040 1.831
201605 1.476 101.355 1.907
201608 1.089 101.617 1.403
201611 1.198 101.829 1.540
201702 1.133 102.779 1.443
201705 1.378 103.256 1.747
201708 1.115 103.587 1.409
201711 1.218 104.072 1.532
201802 1.272 105.052 1.585
201805 1.607 106.148 1.982
201808 1.507 106.383 1.855
201811 1.581 106.338 1.947
201902 1.650 106.649 2.026
201905 2.120 108.048 2.569
201908 1.812 108.245 2.192
201911 1.999 108.519 2.412
202002 2.170 109.139 2.603
202005 3.100 108.175 3.752
202008 2.748 109.662 3.281
202011 2.921 109.793 3.483
202102 3.039 110.968 3.586
202105 3.363 113.576 3.877
202108 2.974 115.421 3.374
202111 3.568 117.269 3.984
202202 3.307 119.703 3.617
202205 3.568 123.323 3.788
202208 3.569 124.958 3.740
202211 3.925 125.607 4.091
202302 3.856 126.928 3.978
202305 4.113 128.314 4.197
202308 3.603 129.538 3.642
202311 3.750 129.548 3.790
202402 3.895 130.930 3.895

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.


Oracle  (BSP:ORCL34) 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.


Oracle Cyclically Adjusted PS Ratio Related Terms

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


Oracle (BSP:ORCL34) 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.

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