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Simulations Plus (Simulations Plus) Cyclically Adjusted PS Ratio : 20.41 (As of Apr. 28, 2024)


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What is Simulations Plus Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Simulations Plus's current share price is $44.69. Simulations Plus's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $2.19. Simulations Plus's Cyclically Adjusted PS Ratio for today is 20.41.

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

SLP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.55   Med: 19.77   Max: 66.26
Current: 20.37

During the past years, Simulations Plus's highest Cyclically Adjusted PS Ratio was 66.26. The lowest was 7.55. And the median was 19.77.

SLP's Cyclically Adjusted PS Ratio is ranked worse than
98.79% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs SLP: 20.37

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.

Simulations Plus's adjusted revenue per share data for the three months ended in Feb. 2024 was $0.901. 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 $2.19 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Simulations Plus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Simulations Plus'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.

Simulations Plus Cyclically Adjusted PS Ratio Chart

Simulations Plus Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.05 47.42 29.82 33.35 21.39

Simulations Plus Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 19.81 22.13 21.39 18.40 18.92

Competitive Comparison of Simulations Plus's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, Simulations Plus'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.


Simulations Plus's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Simulations Plus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Simulations Plus 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.

Simulations Plus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.69/2.19
=20.41

* 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.

Simulations Plus's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Simulations Plus's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.901/129.4194*129.4194
=0.901

Current CPI (Feb. 2024) = 129.4194.

Simulations Plus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.227 100.373 0.293
201408 0.121 100.352 0.156
201411 0.239 99.635 0.310
201502 0.267 99.032 0.349
201505 0.348 100.333 0.449
201508 0.219 100.548 0.282
201511 0.280 100.135 0.362
201602 0.299 100.040 0.387
201605 0.349 101.355 0.446
201608 0.230 101.617 0.293
201611 0.311 101.829 0.395
201702 0.327 102.779 0.412
201705 0.384 103.256 0.481
201708 0.354 103.587 0.442
201711 0.396 104.072 0.492
201802 0.412 105.052 0.508
201805 0.478 106.148 0.583
201808 0.374 106.383 0.455
201811 0.419 106.338 0.510
201902 0.471 106.649 0.572
201905 0.549 108.048 0.658
201908 0.441 108.245 0.527
201911 0.514 108.519 0.613
202002 0.565 109.139 0.670
202005 0.667 108.175 0.798
202008 0.498 109.662 0.588
202011 0.514 109.793 0.606
202102 0.631 110.968 0.736
202105 0.614 113.576 0.700
202108 0.475 115.421 0.533
202111 0.599 117.269 0.661
202202 0.713 119.703 0.771
202205 0.720 123.323 0.756
202208 0.564 124.958 0.584
202211 0.575 125.607 0.592
202302 0.767 126.928 0.782
202305 0.798 128.314 0.805
202308 0.769 129.538 0.768
202311 0.715 129.548 0.714
202402 0.901 129.419 0.901

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.


Simulations Plus  (NAS:SLP) 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.


Simulations Plus Cyclically Adjusted PS Ratio Related Terms

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


Simulations Plus (Simulations Plus) Business Description

Traded in Other Exchanges
N/A
Address
42505 Tenth Street West, Lancaster, CA, USA, 93534-7059
Simulations Plus Inc is engaged in the software industry. It develops and produces software for use in pharmaceutical research and education, and provides consulting and contract research services to the pharmaceutical industry. The company's operating segments include Software and services. It generates maximum revenue from the software segment.
Executives
John Kenneth Paglia director 746 GRABLE PLACE, NEWBURY PARK CA 91320
Walter S Woltosz director, 10 percent owner, officer: Chairman and CEO 42505 10TH ST. WEST, LANCASTER CA 93534
Dibella John Anthony Ii officer: Division President 42505 10TH STREET WEST, LANCASTER CA 93534
Lisa Lavange director 42505 10TH ST., WEST, LANCASTER CA 93534
Steven Chang officer: President, Immunetrics 42505 10TH STREET WEST, LANCASTER CA 15203
Shawn Oconnor officer: Chief Executive Officer 42505 10TH STREET WEST, LANCASTER CA 93534-7059
Jill Fiedler-kelly officer: President, Cognigen Division 42505 10TH STREET WEST, LANCASTER CA 93534
Brett Howell officer: President, DILIsym Division 42505 10TH STREET WEST, LANCASTER CA 93534
William W Frederick officer: CFO C/O SIMULATIONS PLUS, INC., 42505 10TH STREET WEST, LANCASTER CA 93534
Daniel L Weiner director 800 WEST EL CAMINO REAL, SUITE 200, MOUNTAIN VIEW CA 94040
Sharlene Evans director 42505 10TH STREET WEST, LANCASTER CA 93534
Nguyen Nguyen officer: VP of Human Resources 42505 TENTH STREET WEST, LANCASTER CA 93534
David L. Ralph director 42505 10TH STREET WEST, LANCASTER CA 93534
John Robert Kneisel officer: CFO 42505 10TH STREET WEST, LANCASTER CA 93534
Grasela Thaddeus Henry Jr director, officer: President 1780 WEHRLE DRIVE SUITE 110, BUFFALO NY 14221