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Software AG (XTER:SOW) Cyclically Adjusted PS Ratio : 2.72 (As of May. 28, 2024)


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What is Software AG Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Software AG's current share price is €37.10. Software AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €13.65. Software AG's Cyclically Adjusted PS Ratio for today is 2.72.

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

XTER:SOW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.62   Max: 3.6
Current: 2.73

During the past years, Software AG's highest Cyclically Adjusted PS Ratio was 3.60. The lowest was 1.40. And the median was 2.62.

XTER:SOW's Cyclically Adjusted PS Ratio is ranked worse than
61.66% of 1445 companies
in the Software industry
Industry Median: 1.84 vs XTER:SOW: 2.73

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.

Software AG's adjusted revenue per share data for the three months ended in Sep. 2023 was €3.091. 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 €13.65 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Software AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Software AG'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.

Software AG Cyclically Adjusted PS Ratio Chart

Software AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 2.48 2.75 2.81 1.82

Software AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.79 1.82 1.48 2.33 2.31

Competitive Comparison of Software AG's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Software AG'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.


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

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

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



Software AG 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.

Software AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.10/13.65
=2.72

* 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.

Software AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Software AG's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.091/124.1946*124.1946
=3.091

Current CPI (Sep. 2023) = 124.1946.

Software AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 3.302 99.356 4.127
201403 2.599 99.543 3.243
201406 2.478 99.543 3.092
201409 2.606 99.823 3.242
201412 3.134 99.543 3.910
201503 2.459 99.717 3.063
201506 2.602 100.417 3.218
201509 2.742 100.417 3.391
201512 3.327 99.717 4.144
201603 2.693 100.017 3.344
201606 2.668 100.717 3.290
201609 2.601 101.017 3.198
201612 3.461 101.217 4.247
201703 2.713 101.417 3.322
201706 2.774 102.117 3.374
201709 2.667 102.717 3.225
201712 3.628 102.617 4.391
201803 2.523 102.917 3.045
201806 2.780 104.017 3.319
201809 2.823 104.718 3.348
201812 3.576 104.217 4.261
201903 2.723 104.217 3.245
201906 2.839 105.718 3.335
201909 3.030 106.018 3.549
201912 3.447 105.818 4.046
202003 2.799 105.718 3.288
202006 2.766 106.618 3.222
202009 2.506 105.818 2.941
202012 3.215 105.518 3.784
202103 2.475 107.518 2.859
202106 2.949 108.486 3.376
202109 2.676 109.435 3.037
202112 3.171 110.384 3.568
202203 2.652 113.968 2.890
202206 3.067 115.760 3.290
202209 2.993 118.818 3.128
202212 4.107 119.345 4.274
202303 2.846 122.402 2.888
202306 3.358 123.140 3.387
202309 3.091 124.195 3.091

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.


Software AG  (XTER:SOW) 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.


Software AG Cyclically Adjusted PS Ratio Related Terms

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


Software AG (XTER:SOW) Business Description

Industry
Traded in Other Exchanges
Address
Uhlandstrasse 12, Darmstadt, HE, DEU, 64297
Software AG is a Germany-based provider of software solutions for the banking, communication and media, local and federal government, energy, insurance, transportation, retail, and manufacturing end markets. Its services include business process management, portfolio management, risk and compliance management, operational intelligence, and streaming analytics, many of which are delivered via cloud-based software applications. The firm has operations in Germany; the USA and other countries.

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