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Oracle Financial Services Software (BOM:532466) Cyclically Adjusted PB Ratio : 9.61 (As of May. 05, 2024)


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What is Oracle Financial Services Software Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Oracle Financial Services Software's current share price is ₹7781.05. Oracle Financial Services Software's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹809.59. Oracle Financial Services Software's Cyclically Adjusted PB Ratio for today is 9.61.

The historical rank and industry rank for Oracle Financial Services Software's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532466' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.32   Med: 4.33   Max: 10.84
Current: 9.61

During the past years, Oracle Financial Services Software's highest Cyclically Adjusted PB Ratio was 10.84. The lowest was 3.32. And the median was 4.33.

BOM:532466's Cyclically Adjusted PB Ratio is ranked worse than
87.93% of 1317 companies
in the Software industry
Industry Median: 2.57 vs BOM:532466: 9.61

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Oracle Financial Services Software's adjusted book value per share data for the three months ended in Mar. 2024 was ₹906.737. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹809.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oracle Financial Services Software Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oracle Financial Services Software's Cyclically Adjusted PB 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.

Oracle Financial Services Software Cyclically Adjusted PB Ratio Chart

Oracle Financial Services Software Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.86 4.11 3.98 10.83

Oracle Financial Services Software Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 3.98 - 4.88 - 10.83

Competitive Comparison of Oracle Financial Services Software's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Oracle Financial Services Software's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Oracle Financial Services Software's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Oracle Financial Services Software's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Oracle Financial Services Software's Cyclically Adjusted PB Ratio falls into.



Oracle Financial Services Software Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Oracle Financial Services Software's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7781.05/809.59
=9.61

* 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.

Oracle Financial Services Software's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Oracle Financial Services Software's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=906.737/153.2548*153.2548
=906.737

Current CPI (Mar. 2024) = 153.2548.

Oracle Financial Services Software Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 566.381 96.780 896.882
201412 0.000 96.780 0.000
201503 623.630 97.163 983.650
201506 0.000 99.841 0.000
201509 488.474 101.753 735.711
201512 0.000 102.901 0.000
201603 550.799 102.518 823.390
201606 0.000 105.961 0.000
201609 521.284 105.961 753.949
201612 0.000 105.196 0.000
201703 384.339 105.196 559.924
201706 0.000 107.109 0.000
201709 479.415 109.021 673.929
201712 0.000 109.404 0.000
201803 551.564 109.786 769.948
201806 0.000 111.317 0.000
201809 505.406 115.142 672.699
201812 0.000 115.142 0.000
201903 575.494 118.202 746.156
201906 0.000 120.880 0.000
201909 667.781 123.175 830.856
201912 0.000 126.235 0.000
202003 764.978 124.705 940.110
202006 0.000 127.000 0.000
202009 689.462 130.118 812.059
202012 0.000 130.889 0.000
202103 795.794 131.771 925.543
202106 0.000 134.084 0.000
202109 711.577 135.847 802.760
202112 0.000 138.161 0.000
202203 823.186 138.822 908.771
202206 0.000 142.347 0.000
202209 744.778 144.661 789.022
202212 0.000 145.763 0.000
202303 863.327 146.865 900.891
202306 0.000 150.280 0.000
202309 750.133 151.492 758.862
202312 0.000 153.255 0.000
202403 906.737 153.255 906.737

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Oracle Financial Services Software  (BOM:532466) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Oracle Financial Services Software Cyclically Adjusted PB Ratio Related Terms

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


Oracle Financial Services Software (BOM:532466) Business Description

Traded in Other Exchanges
Address
Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400063
Oracle Financial Services Software Ltd is an India-based provider of software systems, computer systems, and consulting services. Its flagship Flexcube offerings include universal banking, investor servicing, private banking, lending and leasing, Islamic banking, Internet and mobile banking, remit, and collateral management capabilities. Its other offerings include analytical infrastructure applications, financial crime analysis, and compliance management applications. The firm also offers support and business process outsourcing services.

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