GURUFOCUS.COM » STOCK LIST » Technology » Software » Accenture PLC (NYSE:ACN) » Definitions » Cyclically Adjusted PS Ratio

Accenture (Accenture) Cyclically Adjusted PS Ratio : 3.86 (As of Apr. 27, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Accenture Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Accenture's current share price is $308.01. Accenture's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $79.83. Accenture's Cyclically Adjusted PS Ratio for today is 3.86.

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

ACN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.32   Med: 3.62   Max: 6.89
Current: 3.86

During the past years, Accenture's highest Cyclically Adjusted PS Ratio was 6.89. The lowest was 2.32. And the median was 3.62.

ACN's Cyclically Adjusted PS Ratio is ranked worse than
70.33% of 1412 companies
in the Software industry
Industry Median: 1.87 vs ACN: 3.86

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.

Accenture's adjusted revenue per share data for the three months ended in Feb. 2024 was $24.811. 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 $79.83 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accenture Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Accenture'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.

Accenture Cyclically Adjusted PS Ratio Chart

Accenture Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 4.57 5.80 4.22 4.16

Accenture 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 3.66 4.06 4.16 4.24 4.69

Competitive Comparison of Accenture's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Accenture'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.


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

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

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



Accenture 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=308.01/79.83
=3.86

* 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.

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

For example, Accenture'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)
=24.811/120.1096*120.1096
=24.811

Current CPI (Feb. 2024) = 120.1096.

Accenture Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 11.924 100.573 14.240
201408 12.021 100.773 14.328
201411 12.228 99.975 14.691
201502 11.678 99.377 14.114
201505 12.208 100.374 14.608
201508 12.376 100.773 14.751
201511 12.611 99.776 15.181
201602 12.568 99.277 15.205
201605 13.459 100.374 16.105
201608 13.472 100.673 16.073
201611 13.568 99.676 16.349
201702 13.254 99.776 15.955
201705 14.203 100.573 16.962
201708 13.748 101.072 16.338
201711 15.052 100.174 18.047
201802 15.103 100.274 18.091
201805 16.338 100.972 19.435
201808 16.062 101.769 18.957
201811 16.262 100.773 19.382
201902 16.104 100.872 19.175
201905 17.095 101.969 20.136
201908 16.999 102.467 19.926
201911 17.492 101.869 20.624
202002 17.172 101.969 20.227
202005 17.025 101.470 20.152
202008 16.744 101.470 19.820
202011 18.183 100.773 21.672
202102 18.703 101.570 22.117
202105 20.550 103.165 23.925
202108 20.808 104.361 23.948
202111 23.205 106.155 26.255
202202 23.360 107.251 26.161
202205 25.209 111.239 27.219
202208 24.089 113.431 25.507
202211 24.653 115.624 25.609
202302 24.797 116.322 25.604
202305 25.933 118.615 26.260
202308 25.010 120.608 24.907
202311 25.454 120.110 25.454
202402 24.811 120.110 24.811

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.


Accenture  (NYSE:ACN) 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.


Accenture Cyclically Adjusted PS Ratio Related Terms

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


Accenture (Accenture) Business Description

Industry
Address
1 Grand Canal Square, Grand Canal Harbour, Dublin, IRL, 2
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
Executives
Julie Spellman Sweet officer: General Counsel, Sec & CCO C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Manish Sharma officer: Chief Operating Officer 161 NORTH CLARK, CHICAGO IL 60601
Jean-marc Ollagnier officer: Group Chief Exec-Resources C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Jaime Ardila director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Paula A Price director ONE CVS DRIVE, WOONSOCKET RI 02895
Joel Unruch officer: General Counsel, Sec & CCO C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
John F Walsh officer: Grp Chief Exec-Com, Med & Tech C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Ellyn Shook officer: Chief Human Resources Officer C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Leonardo Framil officer: CEO-Growth Markets 500 W. MADISON STREET, CHICAGO IL 60661
Melissa A Burgum officer: Chief Accounting Officer C/O SRA INTERNATIONAL, INC., 4300 FAIR LAKES COURT, FAIRFAX VA 22033
Alan C. Jope director 500 W. MADISON STREET, CHICAGO IL 60661
James O Etheredge officer: Group Chief Exec-North America C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Gianfranco Casati officer: Group Chief Executive?Products C/O ACCENTURE, 161 N. CLARK STREET, CHCIAGO IL 60601
Kathleen R Mcclure officer: Chief Financial Officer C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Richard P Clark officer: Chief Accounting Officer C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601

Accenture (Accenture) Headlines

From GuruFocus

Q3 2022 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2019 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2024 Accenture PLC Earnings Call Transcript

By GuruFocus Research 01-22-2024