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As of today (2024-04-30), Ocwen Financial's current share price is $24.63. Ocwen Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $181.79. Ocwen Financial's Cyclically Adjusted PS Ratio for today is 0.14.
The historical rank and industry rank for Ocwen Financial's Cyclically Adjusted PS Ratio or its related term are showing as below:
During the past years, Ocwen Financial's highest Cyclically Adjusted PS Ratio was 8.83. The lowest was 0.03. And the median was 0.22.
OCN's Cyclically Adjusted PS Ratio is ranked better thanThe 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.
Ocwen Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $38.434. 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 $181.79 for the trailing ten years ended in Dec. 2023.
The historical data trend for Ocwen Financial'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.
Ocwen Financial Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cyclically Adjusted PS Ratio | Get a 7-Day Free Trial | 0.16 | 0.14 | 0.16 | 0.14 | 0.17 |
For the Mortgage Finance subindustry, Ocwen Financial'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.
For the Banks industry and Financial Services sector, Ocwen Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Ocwen Financial's Cyclically Adjusted PS Ratio falls into.
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.
Ocwen Financial's Cyclically Adjusted PS Ratio for today is calculated as
Cyclically Adjusted PS Ratio | = | Share Price | / | Cyclically Adjusted Revenue per Share |
= | 24.63 | / | 181.79 | |
= | 0.14 |
* 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.
Ocwen Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:
For example, Ocwen Financial's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:
Adj_RevenuePerShare | = | Revenue per Share | / | CPI of Dec. 2023 (Change) | * | Current CPI (Dec. 2023) |
= | 38.434 | / | 129.4194 | * | 129.4194 | |
= | 38.434 |
Current CPI (Dec. 2023) = 129.4194.
Ocwen Financial Quarterly Data
Revenue per Share | CPI | Adj_RevenuePerShare | |
201403 | 59.174 | 99.695 | 76.817 |
201406 | 60.853 | 100.560 | 78.317 |
201409 | 59.783 | 100.428 | 77.041 |
201412 | 59.624 | 99.070 | 77.890 |
201503 | 64.063 | 99.621 | 83.225 |
201506 | 58.817 | 100.684 | 75.604 |
201509 | 54.060 | 100.392 | 69.691 |
201512 | 41.953 | 99.792 | 54.408 |
201603 | 40.629 | 100.470 | 52.336 |
201606 | 45.889 | 101.688 | 58.403 |
201609 | 44.740 | 101.861 | 56.844 |
201612 | 39.838 | 101.863 | 50.615 |
201703 | 39.419 | 102.862 | 49.596 |
201706 | 38.114 | 103.349 | 47.728 |
201709 | 34.403 | 104.136 | 42.756 |
201712 | 32.456 | 104.011 | 40.384 |
201803 | 29.302 | 105.290 | 36.017 |
201806 | 28.792 | 106.317 | 35.048 |
201809 | 27.133 | 106.507 | 32.970 |
201812 | 35.275 | 105.998 | 43.069 |
201903 | 34.548 | 107.251 | 41.689 |
201906 | 31.032 | 108.070 | 37.163 |
201909 | 32.057 | 108.329 | 38.298 |
201912 | 29.625 | 108.420 | 35.363 |
202003 | 28.833 | 108.902 | 34.265 |
202006 | 26.624 | 108.767 | 31.679 |
202009 | 29.162 | 109.815 | 34.368 |
202012 | 26.959 | 109.897 | 31.748 |
202103 | 23.829 | 111.754 | 27.596 |
202106 | 29.959 | 114.631 | 33.824 |
202109 | 30.948 | 115.734 | 34.607 |
202112 | 31.320 | 117.630 | 34.459 |
202203 | 24.705 | 121.301 | 26.358 |
202206 | 24.746 | 125.017 | 25.617 |
202209 | 29.706 | 125.227 | 30.701 |
202212 | 32.757 | 125.222 | 33.855 |
202303 | 36.621 | 127.348 | 37.217 |
202306 | 36.919 | 128.729 | 37.117 |
202309 | 34.926 | 129.860 | 34.808 |
202312 | 38.434 | 129.419 | 38.434 |
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.
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.
Thank you for viewing the detailed overview of Ocwen Financial's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jenna D. Evans | officer: Chief Risk & Compliance | 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409 |
Sean Bradley O'neil | officer: EVP & Chief Financial Officer | 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409 |
Jacques J Busquet | director | C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409 |
Jenne K Britell | director | 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902 |
Phyllis R Caldwell | director | AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814 |
Glen A. Messina | director, officer: President and CEO | 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054 |
Dennis Zeleny | officer: Chief Administrative Officer | 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103-7583 |
Aaron D Wade | officer: EVP, Capital Markets | 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409 |
George T. Henley | officer: EVP & Chief Growth Officer | C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409 |
Soaries Deforest B. Jr. | director | C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103 |
Joseph B Long | officer: EVP, Capital Markets | C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202 |
Kevin Stein | director | 3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054 |
Deer Park Road Management Company, Lp | 10 percent owner | 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487 |
Scott Edward Burg | 10 percent owner | 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487 |
Agatecreek Llc | 10 percent owner | 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487 |
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