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Pegasystems (FRA:PEA) Cyclically Adjusted PS Ratio : 4.17 (As of May. 28, 2024)


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What is Pegasystems Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Pegasystems's current share price is €55.00. Pegasystems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.20. Pegasystems's Cyclically Adjusted PS Ratio for today is 4.17.

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

FRA:PEA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 6.31   Max: 15.43
Current: 4.21

During the past years, Pegasystems's highest Cyclically Adjusted PS Ratio was 15.43. The lowest was 2.52. And the median was 6.31.

FRA:PEA's Cyclically Adjusted PS Ratio is ranked worse than
72.73% of 1445 companies
in the Software industry
Industry Median: 1.84 vs FRA:PEA: 4.21

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.

Pegasystems's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.604. 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 €13.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pegasystems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pegasystems'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.

Pegasystems Cyclically Adjusted PS Ratio Chart

Pegasystems 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 9.21 14.01 10.16 2.72 3.54

Pegasystems 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 3.74 3.71 3.19 3.54 4.55

Competitive Comparison of Pegasystems's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Pegasystems'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.


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

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

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



Pegasystems 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.00/13.2
=4.17

* 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.

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

For example, Pegasystems'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)
=3.604/131.7762*131.7762
=3.604

Current CPI (Mar. 2024) = 131.7762.

Pegasystems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.344 100.560 1.761
201409 1.358 100.428 1.782
201412 1.744 99.070 2.320
201503 1.810 99.621 2.394
201506 1.828 100.684 2.393
201509 1.828 100.392 2.399
201512 2.361 99.792 3.118
201603 2.027 100.470 2.659
201606 2.118 101.688 2.745
201609 2.048 101.861 2.649
201612 2.485 101.863 3.215
201703 2.927 102.862 3.750
201706 2.002 103.349 2.553
201709 1.923 104.136 2.433
201712 2.587 104.011 3.278
201803 2.295 105.290 2.872
201806 2.142 106.317 2.655
201809 2.213 106.507 2.738
201812 2.331 105.998 2.898
201903 2.394 107.251 2.941
201906 2.304 108.070 2.809
201909 2.484 108.329 3.022
201912 3.133 108.420 3.808
202003 3.012 108.902 3.645
202006 2.517 108.767 3.049
202009 2.382 109.815 2.858
202012 3.039 109.897 3.644
202103 3.251 111.754 3.833
202106 2.993 114.631 3.441
202109 2.672 115.734 3.042
202112 3.425 117.630 3.837
202203 4.183 121.301 4.544
202206 3.171 125.017 3.342
202209 3.335 125.227 3.509
202212 4.550 125.222 4.788
202303 3.680 127.348 3.808
202306 3.315 128.729 3.393
202309 3.763 129.860 3.819
202312 4.796 129.419 4.883
202403 3.604 131.776 3.604

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.


Pegasystems  (FRA:PEA) 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.


Pegasystems Cyclically Adjusted PS Ratio Related Terms

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


Pegasystems (FRA:PEA) Business Description

Industry
Traded in Other Exchanges
Address
One Main Street, Cambridge, MA, USA, 02142
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare verticals.

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