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Oracle (MIL:1ORCL) Cyclically Adjusted PS Ratio : 8.93 (As of May. 23, 2024)


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What is Oracle Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Oracle's current share price is €114.70. Oracle's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €12.85. Oracle's Cyclically Adjusted PS Ratio for today is 8.93.

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

MIL:1ORCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.87   Med: 6.38   Max: 9.46
Current: 8.82

During the past years, Oracle's highest Cyclically Adjusted PS Ratio was 9.46. The lowest was 4.87. And the median was 6.38.

MIL:1ORCL's Cyclically Adjusted PS Ratio is ranked worse than
89% of 1445 companies
in the Software industry
Industry Median: 1.86 vs MIL:1ORCL: 8.82

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.

Oracle's adjusted revenue per share data for the three months ended in Feb. 2024 was €4.367. 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 €12.85 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oracle Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oracle'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.

Oracle Cyclically Adjusted PS Ratio Chart

Oracle Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 5.72 7.57 6.02 7.99

Oracle 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 6.76 7.99 8.86 8.43 7.90

Competitive Comparison of Oracle's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Oracle'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.


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

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

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



Oracle 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=114.70/12.85
=8.93

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

For example, Oracle'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)
=4.367/130.9299*130.9299
=4.367

Current CPI (Feb. 2024) = 130.9299.

Oracle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.804 100.373 2.353
201408 1.419 100.352 1.851
201411 1.709 99.635 2.246
201502 1.828 99.032 2.417
201505 2.146 100.333 2.800
201508 1.719 100.548 2.238
201511 1.942 100.135 2.539
201602 1.910 100.040 2.500
201605 2.211 101.355 2.856
201608 1.816 101.617 2.340
201611 1.997 101.829 2.568
201702 2.056 102.779 2.619
201705 2.335 103.256 2.961
201708 1.800 103.587 2.275
201711 1.908 104.072 2.400
201802 1.901 105.052 2.369
201805 2.246 106.148 2.770
201808 1.991 106.383 2.450
201811 2.204 106.338 2.714
201902 2.342 106.649 2.875
201905 2.849 108.048 3.452
201908 2.430 108.245 2.939
201911 2.612 108.519 3.151
202002 2.746 109.139 3.294
202005 3.025 108.175 3.661
202008 2.548 109.662 3.042
202011 2.722 109.793 3.246
202102 2.786 110.968 3.287
202105 3.142 113.576 3.622
202108 2.890 115.421 3.278
202111 3.369 117.269 3.761
202202 3.363 119.703 3.678
202205 4.082 123.323 4.334
202208 4.112 124.958 4.309
202211 4.385 125.607 4.571
202302 4.171 126.928 4.303
202305 4.558 128.314 4.651
202308 4.045 129.538 4.088
202311 4.245 129.548 4.290
202402 4.367 130.930 4.367

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.


Oracle  (MIL:1ORCL) 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.


Oracle Cyclically Adjusted PS Ratio Related Terms

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


Oracle (MIL:1ORCL) Business Description

Industry
Address
2300 Oracle Way, Austin, TX, USA, 78741
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

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