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Amdocs (FRA:AOS) Cyclically Adjusted PS Ratio : 2.25 (As of May. 22, 2024)


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What is Amdocs Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Amdocs's current share price is €73.98. Amdocs's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €32.95. Amdocs's Cyclically Adjusted PS Ratio for today is 2.25.

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

FRA:AOS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.8   Max: 3.4
Current: 2.25

During the past years, Amdocs's highest Cyclically Adjusted PS Ratio was 3.40. The lowest was 1.89. And the median was 2.80.

FRA:AOS's Cyclically Adjusted PS Ratio is ranked worse than
55.22% of 1445 companies
in the Software industry
Industry Median: 1.87 vs FRA:AOS: 2.25

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.

Amdocs's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.975. 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 €32.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amdocs Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amdocs'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.

Amdocs Cyclically Adjusted PS Ratio Chart

Amdocs Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.20 2.62 2.44 2.39

Amdocs Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.84 2.86 2.39 2.47 2.47

Competitive Comparison of Amdocs's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Amdocs'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.


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

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

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



Amdocs 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.

Amdocs's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.98/32.95
=2.25

* 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.

Amdocs's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.975/131.7762*131.7762
=9.975

Current CPI (Mar. 2024) = 131.7762.

Amdocs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.107 100.560 5.382
201409 4.440 100.428 5.826
201412 4.703 99.070 6.256
201503 5.353 99.621 7.081
201506 5.217 100.684 6.828
201509 5.372 100.392 7.051
201512 5.581 99.792 7.370
201603 5.521 100.470 7.241
201606 5.537 101.688 7.175
201609 5.671 101.861 7.336
201612 6.151 101.863 7.957
201703 6.154 102.862 7.884
201706 5.889 103.349 7.509
201709 5.669 104.136 7.174
201712 5.728 104.011 7.257
201803 5.615 105.290 7.028
201806 6.035 106.317 7.480
201809 6.101 106.507 7.549
201812 6.331 105.998 7.871
201903 6.530 107.251 8.023
201906 6.661 108.070 8.122
201909 6.821 108.329 8.297
201912 6.960 108.420 8.459
202003 7.062 108.902 8.545
202006 6.874 108.767 8.328
202009 6.791 109.815 8.149
202012 6.845 109.897 8.208
202103 6.811 111.754 8.031
202106 6.911 114.631 7.945
202109 7.605 115.734 8.659
202112 7.904 117.630 8.855
202203 8.523 121.301 9.259
202206 8.974 125.017 9.459
202209 10.006 125.227 10.529
202212 9.357 125.222 9.847
202303 9.578 127.348 9.911
202306 9.545 128.729 9.771
202309 10.279 129.860 10.431
202312 9.893 129.419 10.073
202403 9.975 131.776 9.975

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.


Amdocs  (FRA:AOS) 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.


Amdocs Cyclically Adjusted PS Ratio Related Terms

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


Amdocs (FRA:AOS) Business Description

Industry
Traded in Other Exchanges
Address
625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141
Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, entertainment and media industry service being designed, develop, market, support, implement, and operate its open and modular cloud offering. The company offers business support systems, operational support systems, and managed services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.

Amdocs (FRA:AOS) Headlines

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