GURUFOCUS.COM » STOCK LIST » Technology » Software » Oracle Corp (NYSE:ORCL) » Definitions » Cyclically Adjusted PS Ratio

Oracle (Oracle) Cyclically Adjusted PS Ratio : 8.38 (As of Apr. 28, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Oracle Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Oracle's current share price is $117.21. Oracle's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $13.98. Oracle's Cyclically Adjusted PS Ratio for today is 8.38.

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

ORCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.87   Med: 6.38   Max: 9.46
Current: 8.39

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.

ORCL's Cyclically Adjusted PS Ratio is ranked worse than
87.96% of 1412 companies
in the Software industry
Industry Median: 1.87 vs ORCL: 8.39

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 $4.711. 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 $13.98 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 7.99

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
=117.21/13.98
=8.38

* 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)
=4.711/129.4194*129.4194
=4.711

Current CPI (Feb. 2024) = 129.4194.

Oracle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 2.478 100.373 3.195
201408 1.890 100.352 2.437
201411 2.131 99.635 2.768
201502 2.075 99.032 2.712
201505 2.398 100.333 3.093
201508 1.915 100.548 2.465
201511 2.084 100.135 2.693
201602 2.117 100.040 2.739
201605 2.501 101.355 3.194
201608 2.036 101.617 2.593
201611 2.154 101.829 2.738
201702 2.190 102.779 2.758
201705 2.580 103.256 3.234
201708 2.125 103.587 2.655
201711 2.239 104.072 2.784
201802 2.347 105.052 2.891
201805 2.655 106.148 3.237
201808 2.299 106.383 2.797
201811 2.505 106.338 3.049
201902 2.658 106.649 3.226
201905 3.187 108.048 3.817
201908 2.703 108.245 3.232
201911 2.886 108.519 3.442
202002 2.995 109.139 3.552
202005 3.298 108.175 3.946
202008 3.015 109.662 3.558
202011 3.217 109.793 3.792
202102 3.368 110.968 3.928
202105 3.817 113.576 4.349
202108 3.400 115.421 3.812
202111 3.846 117.269 4.244
202202 3.817 119.703 4.127
202205 4.315 123.323 4.528
202208 4.166 124.958 4.315
202211 4.470 125.607 4.606
202302 4.466 126.928 4.554
202305 4.954 128.314 4.997
202308 4.411 129.538 4.407
202311 4.594 129.548 4.589
202402 4.711 129.419 4.711

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  (NYSE:ORCL) 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 (Oracle) 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.
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
Charles W Moorman director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dorian Daley officer: EVP and General Counsel C/O DELPHI ASSET MGMT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511

Oracle (Oracle) Headlines

From GuruFocus

Oracle Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Oracle Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Oracle Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2024 Oracle Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Oracle Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Oracle Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Oracle Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Oracle Corp To Host Financial Analyst Meeting Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Oracle Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024