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American Software (American Software) Cyclically Adjusted PS Ratio : 2.39 (As of Apr. 27, 2024)


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What is American Software Cyclically Adjusted PS Ratio?

As of today (2024-04-27), American Software's current share price is $10.22. American Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $4.27. American Software's Cyclically Adjusted PS Ratio for today is 2.39.

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

AMSWA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.25   Med: 2.97   Max: 7.81
Current: 2.39

During the past years, American Software's highest Cyclically Adjusted PS Ratio was 7.81. The lowest was 2.25. And the median was 2.97.

AMSWA's Cyclically Adjusted PS Ratio is ranked worse than
57.08% of 1412 companies
in the Software industry
Industry Median: 1.87 vs AMSWA: 2.39

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.

American Software's adjusted revenue per share data for the three months ended in Jan. 2024 was $0.766. 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 $4.27 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Software'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.

American Software Cyclically Adjusted PS Ratio Chart

American Software Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 4.24 5.18 4.05 2.75

American Software Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.56 2.75 2.65 2.54 2.65

Competitive Comparison of American Software's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, American Software'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.


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

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

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



American Software 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.22/4.27
=2.39

* 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.

American Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, American Software's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.766/129.4194*129.4194
=0.766

Current CPI (Jan. 2024) = 129.4194.

American Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.909 100.023 1.176
201407 0.869 100.520 1.119
201410 0.860 100.176 1.111
201501 0.905 98.604 1.188
201504 0.961 99.824 1.246
201507 0.999 100.691 1.284
201510 1.004 100.346 1.295
201601 0.931 99.957 1.205
201604 0.992 100.947 1.272
201607 0.938 101.524 1.196
201610 0.885 101.988 1.123
201701 0.892 102.456 1.127
201704 0.878 103.167 1.101
201707 0.897 103.278 1.124
201710 0.871 104.070 1.083
201801 0.981 104.578 1.214
201804 0.947 105.708 1.159
201807 0.874 106.324 1.064
201810 0.891 106.695 1.081
201901 0.866 106.200 1.055
201904 0.835 107.818 1.002
201907 0.857 108.250 1.025
201910 0.873 108.577 1.041
202001 0.937 108.841 1.114
202004 0.896 108.173 1.072
202007 0.828 109.318 0.980
202010 0.848 109.861 0.999
202101 0.831 110.364 0.974
202104 0.856 112.673 0.983
202107 0.862 115.183 0.969
202110 0.900 116.696 0.998
202201 0.938 118.619 1.023
202204 1.012 121.978 1.074
202207 0.920 125.002 0.953
202210 0.801 125.734 0.824
202301 0.808 126.223 0.828
202304 1.242 127.992 1.256
202307 0.854 128.974 0.857
202310 0.754 129.810 0.752
202401 0.766 129.419 0.766

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.


American Software  (NAS:AMSWA) 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.


American Software Cyclically Adjusted PS Ratio Related Terms

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


American Software (American Software) Business Description

Traded in Other Exchanges
N/A
Address
470 East Paces Ferry Road. N.E., Atlanta, GA, USA, 30305
American Software Inc develops enterprise management and supply chain-related software and services. Its software and services bring business value to companies by supporting their operations over cloud-based Internet-architected solutions. The company's operating segments inlcude Supply Chain Management (SCM); Information Technology Consulting (IT Consulting) and Others. It generates maximum revenue from the Supply Chain Management segment. SCM segment provides collaborative supply chain solutions to streamline and optimize the production, distribution, and management of products between trading partners. Its solutions consist of global sourcing, workflow management, customer service applications, and ERP solutions.
Executives
Celena Matlock director 470 EAST PACES FERRY ROAD, NE, ATLANTA GA 30305
Yue Wu director 470 EAST PACES FERRY ROAD, NE, ATLANTA GA 30305
Bryan L. Sell officer: See Remarks 470 EAST PACES FERRY ROAD, ATLANTA GA 30305
Dennis Hogue director 470 EAST PACES FERRY ROAD, ATLANTA GA 30305
H Allan Dow officer: President
Vincent C Klinges officer: CFO
Matthew G Mckenna director 470 EAST PACES FERRY RD., ATLANTA GA 30305
James C Edenfield officer: Executive Chairman 470 E PACES FERRY RD, ATLANTA GA 30305
Lizanne Thomas director 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309
Newberry Thomas L V director
James R Mcguone officer: Secretary 470 EAST PACES FERRY RD, ATLANTA GA 30305
Miller James B Jr director C/O FIDELITY SOUTHERN CORPORATION, 3490 PIEDMONT ROAD #1550, ATLANTA GA 30305
J Michael Edenfield officer: Executive VP 470 E PACES FERRY RD, ATLANTA GA 30305
Valerie Paige King officer: General Counsel 470 E. PACES FERRY RD. NE, ATLANTA GA 30305
John Jarvis director C/O JOHN WILEY & SONS INC, 111 RIVER STREET, HOBOKEN NJ 07030