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Software AG (MEX:SOW) Cyclically Adjusted PS Ratio : 2.31 (As of Jun. 23, 2024)


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What is Software AG Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Software AG's current share price is MXN591.54. Software AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was MXN256.13. Software AG's Cyclically Adjusted PS Ratio for today is 2.31.

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

MEX:SOW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.63   Max: 3.6
Current: 2.73

During the past years, Software AG's highest Cyclically Adjusted PS Ratio was 3.60. The lowest was 1.40. And the median was 2.63.

MEX:SOW's Cyclically Adjusted PS Ratio is ranked worse than
62.34% of 1455 companies
in the Software industry
Industry Median: 1.83 vs MEX:SOW: 2.73

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.

Software AG's adjusted revenue per share data for the three months ended in Sep. 2023 was MXN57.460. 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 MXN256.13 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Software AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Software AG'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.

Software AG Cyclically Adjusted PS Ratio Chart

Software AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 2.48 2.75 2.81 1.82

Software AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.79 1.82 1.48 2.33 2.31

Competitive Comparison of Software AG's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Software AG'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.


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

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

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



Software AG 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=591.54/256.13
=2.31

* 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.

Software AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Software AG's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=57.46/124.1946*124.1946
=57.460

Current CPI (Sep. 2023) = 124.1946.

Software AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 59.247 99.356 74.059
201403 46.930 99.543 58.552
201406 43.672 99.543 54.487
201409 45.086 99.823 56.094
201412 56.998 99.543 71.114
201503 40.570 99.717 50.529
201506 45.815 100.417 56.664
201509 52.010 100.417 64.326
201512 62.326 99.717 77.626
201603 51.616 100.017 64.094
201606 55.432 100.717 68.354
201609 56.449 101.017 69.401
201612 75.275 101.217 92.364
201703 54.626 101.417 66.895
201706 56.341 102.117 68.522
201709 57.690 102.717 69.753
201712 84.329 102.617 102.061
201803 56.512 102.917 68.195
201806 63.826 104.017 76.207
201809 61.605 104.718 73.063
201812 79.880 104.217 95.192
201903 59.675 104.217 71.114
201906 61.617 105.718 72.386
201909 65.878 106.018 77.173
201912 72.236 105.818 84.781
202003 72.512 105.718 85.185
202006 71.891 106.618 83.743
202009 65.194 105.818 76.516
202012 77.797 105.518 91.567
202103 60.230 107.518 69.572
202106 70.733 108.486 80.975
202109 64.731 109.435 73.462
202112 73.501 110.384 82.697
202203 58.162 113.968 63.381
202206 65.227 115.760 69.979
202209 59.605 118.818 62.302
202212 84.819 119.345 88.266
202303 54.934 122.402 55.738
202306 62.371 123.140 62.905
202309 57.460 124.195 57.460

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.


Software AG  (MEX:SOW) 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.


Software AG Cyclically Adjusted PS Ratio Related Terms

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


Software AG (MEX:SOW) Business Description

Industry
Traded in Other Exchanges
Address
Uhlandstrasse 12, Darmstadt, HE, DEU, 64297
Software AG is a Germany-based provider of software solutions for the banking, communication and media, local and federal government, energy, insurance, transportation, retail, and manufacturing end markets. Its services include business process management, portfolio management, risk and compliance management, operational intelligence, and streaming analytics, many of which are delivered via cloud-based software applications. The firm has operations in Germany; the USA and other countries.

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