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Alpha Systems (FRA:AN5) Cyclically Adjusted PS Ratio : 1.36 (As of May. 22, 2025)


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What is Alpha Systems Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Alpha Systems's current share price is €19.50. Alpha Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was €14.33. Alpha Systems's Cyclically Adjusted PS Ratio for today is 1.36.

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

FRA:AN5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.59   Max: 2.48
Current: 1.4

During the past years, Alpha Systems's highest Cyclically Adjusted PS Ratio was 2.48. The lowest was 1.15. And the median was 1.59.

FRA:AN5's Cyclically Adjusted PS Ratio is ranked better than
61.09% of 1375 companies
in the Software industry
Industry Median: 2.12 vs FRA:AN5: 1.40

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.

Alpha Systems's adjusted revenue per share data for the three months ended in Dec. 2024 was €4.268. 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 €14.33 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alpha Systems'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.

Alpha Systems Cyclically Adjusted PS Ratio Chart

Alpha Systems Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.14 1.93 1.44 -

Alpha Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.44 1.32 1.25 1.41 -

Competitive Comparison of Alpha Systems's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Alpha Systems'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.


Alpha Systems's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Alpha Systems 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.

Alpha Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.50/14.33
=1.36

* 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.

Alpha Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Alpha Systems's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.268/110.7000*110.7000
=4.268

Current CPI (Dec. 2024) = 110.7000.

Alpha Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 3.810 97.900 4.308
201506 3.045 98.400 3.426
201509 3.226 98.500 3.626
201512 3.174 98.100 3.582
201603 3.608 97.900 4.080
201606 3.573 98.100 4.032
201609 3.873 98.000 4.375
201612 3.457 98.400 3.889
201703 4.294 98.100 4.846
201706 3.513 98.500 3.948
201709 3.538 98.800 3.964
201712 3.405 99.400 3.792
201803 3.905 99.200 4.358
201806 3.574 99.200 3.988
201809 3.917 99.900 4.340
201812 3.872 99.700 4.299
201903 4.427 99.700 4.915
201906 3.966 99.800 4.399
201909 4.646 100.100 5.138
201912 4.425 100.500 4.874
202003 5.250 100.300 5.794
202006 4.077 99.900 4.518
202009 4.326 99.900 4.794
202012 4.236 99.300 4.722
202103 5.130 99.900 5.685
202106 4.289 99.500 4.772
202109 4.519 100.100 4.998
202112 4.704 100.100 5.202
202203 5.001 101.100 5.476
202206 4.296 101.800 4.672
202209 4.442 103.100 4.769
202212 4.468 104.100 4.751
202303 4.577 104.400 4.853
202306 3.947 105.200 4.153
202309 4.138 106.200 4.313
202312 4.168 106.800 4.320
202403 4.174 107.200 4.310
202406 3.731 108.200 3.817
202409 4.148 108.900 4.217
202412 4.268 110.700 4.268

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.


Alpha Systems  (FRA:AN5) 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.


Alpha Systems Cyclically Adjusted PS Ratio Related Terms

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


Alpha Systems Business Description

Industry
Traded in Other Exchanges
Address
12th Floor, 2-17-5 Shibuya, Shionogi Shibuya Building, Shibuya-ku, Tokyo, JPN, 150-0002
Alpha Systems Inc engages in software development for telecommunications systems. The company develops software for backbone communication systems, such as node systems, mobile network systems, and network management systems; open systems, including systems for management of production and distribution, and Intranets for corporate information management; and embedded systems to control electronic devices, including home appliances, office automation equipment, industrial machines, and in-vehicle systems. It also provides system integration, system operation and maintenance, and product sales services.

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