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Pegasystems (Pegasystems) Cyclically Adjusted PS Ratio : 4.39 (As of May. 14, 2024)


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What is Pegasystems Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Pegasystems's current share price is $61.27. Pegasystems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.97. Pegasystems's Cyclically Adjusted PS Ratio for today is 4.39.

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

PEGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 6.31   Max: 15.43
Current: 4.45

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.

PEGA's Cyclically Adjusted PS Ratio is ranked worse than
73.09% of 1442 companies
in the Software industry
Industry Median: 1.855 vs PEGA: 4.45

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 $3.918. 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 $13.97 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 4.63

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
=61.27/13.97
=4.39

* 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)
=3.918/129.4194*129.4194
=3.918

Current CPI (Mar. 2024) = 129.4194.

Pegasystems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.827 100.560 2.351
201409 1.750 100.428 2.255
201412 2.151 99.070 2.810
201503 1.958 99.621 2.544
201506 2.052 100.684 2.638
201509 2.051 100.392 2.644
201512 2.572 99.792 3.336
201603 2.257 100.470 2.907
201606 2.380 101.688 3.029
201609 2.298 101.861 2.920
201612 2.621 101.863 3.330
201703 3.130 102.862 3.938
201706 2.250 103.349 2.818
201709 2.292 104.136 2.848
201712 3.061 104.011 3.809
201803 2.830 105.290 3.479
201806 2.502 106.317 3.046
201809 2.583 106.507 3.139
201812 2.652 105.998 3.238
201903 2.705 107.251 3.264
201906 2.603 108.070 3.117
201909 2.736 108.329 3.269
201912 3.481 108.420 4.155
202003 3.328 108.902 3.955
202006 2.834 108.767 3.372
202009 2.806 109.815 3.307
202012 3.697 109.897 4.354
202103 3.870 111.754 4.482
202106 3.606 114.631 4.071
202109 3.143 115.734 3.515
202112 3.870 117.630 4.258
202203 4.607 121.301 4.915
202206 3.352 125.017 3.470
202209 3.302 125.227 3.413
202212 4.820 125.222 4.982
202303 3.940 127.348 4.004
202306 3.592 128.729 3.611
202309 4.016 129.860 4.002
202312 5.230 129.419 5.230
202403 3.918 129.419 3.918

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  (NAS:PEGA) 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 (Pegasystems) 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.
Executives
Efstathios A Kouninis officer: VP of Finance & CAO 26 GRANDVIEW DRIVE, DOVER NH 03820
Rifat Kerim Akgonul officer: Chief Product Officer ONE ROGERS STREET, CAMBRIDGE MA 02142
Leon Trefler officer: SVP, Global Customer Success 1 MAIN STREET, CAMBRIDGE MA 02142
Kenneth Stillwell officer: CFO, SVP ONE ROGERS STREET, CAMBRDIGE MA 02142
Richard H Jones director C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142
John Gerard Higgins officer: Chief, Client &Partner Success C/O PEGASYSTEMS INC., 1 MAIN STREET, CAMBRIDGE MA 02142
Michael R Pyle officer: Senior VP, Engineering C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIGE MA 02142
Christopher Lafond director 56 TOP GALLANT RD, STAMFORD CT 06904
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007
Dianne Ledingham director ONE ROGERS STREET, CAMBRIDGE MA 02142
Larry Weber director C/O MIVA, INC., 5220 SUMMERLIN COMMONS BLVD., SUITE 500, FORT MYERS FL 33907
Douglas I Kra officer: SVP, Global Customer Success 101 MAIN STREET, C/O PEGASYSTEMS INC., CAMBRIDGE MA 02142
Hayden Stafford officer: President ONE ROGERS STREET, CAMBRIDGE MA 02142
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Alan Trefler 10 percent owner, officer: C.E.O. & Chairman C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142