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Roper Technologies (BSP:R1OP34) Cyclically Adjusted PS Ratio : 9.90 (As of May. 13, 2024)


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What is Roper Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-13), Roper Technologies's current share price is R$259.90. Roper Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$26.26. Roper Technologies's Cyclically Adjusted PS Ratio for today is 9.90.

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

BSP:R1OP34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.17   Med: 8.17   Max: 11.5
Current: 9.95

During the past years, Roper Technologies's highest Cyclically Adjusted PS Ratio was 11.50. The lowest was 5.17. And the median was 8.17.

BSP:R1OP34's Cyclically Adjusted PS Ratio is ranked worse than
90.98% of 1442 companies
in the Software industry
Industry Median: 1.855 vs BSP:R1OP34: 9.95

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.

Roper Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was R$7.757. 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$26.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roper Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Roper Technologies'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.

Roper Technologies Cyclically Adjusted PS Ratio Chart

Roper Technologies 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 9.10 10.61 10.97 8.83 10.46

Roper Technologies 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 8.78 9.40 9.32 10.46 10.66

Competitive Comparison of Roper Technologies's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Roper Technologies'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.


Roper Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Roper Technologies 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.

Roper Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=259.90/26.26
=9.90

* 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.

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

For example, Roper Technologies'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)
=7.757/129.4194*129.4194
=7.757

Current CPI (Mar. 2024) = 129.4194.

Roper Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.963 100.560 2.526
201409 2.046 100.428 2.637
201412 2.472 99.070 3.229
201503 2.682 99.621 3.484
201506 2.725 100.684 3.503
201509 3.396 100.392 4.378
201512 3.595 99.792 4.662
201603 3.262 100.470 4.202
201606 3.112 101.688 3.961
201609 2.999 101.861 3.810
201612 3.300 101.863 4.193
201703 3.295 102.862 4.146
201706 3.616 103.349 4.528
201709 3.504 104.136 4.355
201712 3.894 104.011 4.845
201803 3.784 105.290 4.651
201806 4.673 106.317 5.688
201809 5.180 106.507 6.294
201812 5.119 105.998 6.250
201903 4.722 107.251 5.698
201906 4.880 108.070 5.844
201909 5.304 108.329 6.337
201912 2.943 108.420 3.513
202003 6.268 108.902 7.449
202006 6.418 108.767 7.637
202009 6.110 109.815 7.201
202012 2.445 109.897 2.879
202103 7.316 111.754 8.472
202106 5.623 114.631 6.348
202109 6.096 115.734 6.817
202112 6.654 117.630 7.321
202203 5.969 121.301 6.368
202206 6.195 125.017 6.413
202209 6.630 125.227 6.852
202212 7.028 125.222 7.264
202303 7.154 127.348 7.270
202306 6.920 128.729 6.957
202309 7.176 129.860 7.152
202312 7.341 129.419 7.341
202403 7.757 129.419 7.757

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.


Roper Technologies  (BSP:R1OP34) 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.


Roper Technologies Cyclically Adjusted PS Ratio Related Terms

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


Roper Technologies (BSP:R1OP34) Business Description

Traded in Other Exchanges
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.

Roper Technologies (BSP:R1OP34) Headlines

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