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Oracle (Oracle) Cyclically Adjusted Book per Share : $7.84 (As of Feb. 2024)


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What is Oracle Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Feb. 2024 was $2.047. 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 $7.84 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Oracle's average Cyclically Adjusted Book Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Oracle was 31.70% per year. The lowest was -5.20% per year. And the median was 22.70% per year.

As of today (2024-04-28), Oracle's current stock price is $117.21. Oracle's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $7.84. Oracle's Cyclically Adjusted PB Ratio of today is 14.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oracle was 16.30. The lowest was 4.36. And the median was 6.00.


Oracle Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oracle's Cyclically Adjusted Book per Share 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 Book per Share Chart

Oracle Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.30 10.11 10.03 9.55 8.62

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 Book per Share 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 8.82 8.62 8.41 8.12 7.84

Competitive Comparison of Oracle's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=2.047/129.4194*129.4194
=2.047

Current CPI (Feb. 2024) = 129.4194.

Oracle Quarterly Data

Book Value per Share CPI Adj_Book
201405 10.501 100.373 13.540
201408 10.670 100.352 13.761
201411 10.810 99.635 14.042
201502 10.998 99.032 14.373
201505 11.205 100.333 14.453
201508 10.999 100.548 14.157
201511 10.913 100.135 14.105
201602 11.037 100.040 14.278
201605 11.447 101.355 14.617
201608 11.553 101.617 14.714
201611 11.811 101.829 15.011
201702 12.300 102.779 15.488
201705 13.019 103.256 16.318
201708 13.416 103.587 16.762
201711 13.485 104.072 16.769
201802 11.676 105.052 14.384
201805 11.602 106.148 14.146
201808 9.989 106.383 12.152
201811 8.417 106.338 10.244
201902 6.888 106.649 8.359
201905 6.486 108.048 7.769
201908 5.593 108.245 6.687
201911 4.842 108.519 5.775
202002 4.503 109.139 5.340
202005 3.937 108.175 4.710
202008 3.149 109.662 3.716
202011 2.682 109.793 3.161
202102 3.074 110.968 3.585
202105 1.861 113.576 2.121
202108 -0.562 115.421 -0.630
202111 -3.782 117.269 -4.174
202202 -3.259 119.703 -3.524
202205 -2.334 123.323 -2.449
202208 -2.179 124.958 -2.257
202211 -1.576 125.607 -1.624
202302 -0.897 126.928 -0.915
202305 0.396 128.314 0.399
202308 0.865 129.538 0.864
202311 1.406 129.548 1.405
202402 2.047 129.419 2.047

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


Oracle  (NYSE:ORCL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=117.21/7.84
=14.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oracle was 16.30. The lowest was 4.36. And the median was 6.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Oracle Cyclically Adjusted Book per Share Related Terms

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


Oracle (Oracle) Business Description

Industry
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Address
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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.
Executives
Naomi O Seligman director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
George H Conrades director 500 TECHNOLOGY SQUARE, FIFTH FLOOR, CAMBRIDGE MA 02139
Maria Smith officer: EVP, Chief Accounting Officer C/O DELPHI ASSET MANAGEMENT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Lawrence Joseph Ellison director, 10 percent owner, officer: Chief Executive Officer C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Michael J Boskin director C/O RIPPLEWOOD HOLDINGS LLC, ONE ROCKERFELLER PLAZA, NEW YORK NY 10020
Edward Screven officer: Chief Corporate Architect C/O DELPHI ASSET MANAGEMENT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Safra Catz director, officer: President C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Jeffrey Berg director C/O DELPHI ASSET MGMT. CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Rona Alison Fairhead director C/O INTERACTIVE DATA CORPORATION, 32 CROSBY DRIVE, BEDFORD MA 01730
Jeffrey Henley director, officer: Executive Vice Chairman C/O DELPHI ASSET MGMT. CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Stuart Levey officer: EVP, Chief Legal Officer C/O DELPHI ASSET MANAGEMENT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Renee Jo James director 2111 NE 25TH AVE, JF1-41, HILLSBORO OR 97124
Awo Ablo director C/O DELPHI ASSET MANAGEMENT, 5525 KIETZKE LANE, #200, RENO NV 89511
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Dorian Daley officer: EVP and General Counsel C/O DELPHI ASSET MGMT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511

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