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ePlus (STU:MLE) Cyclically Adjusted PS Ratio : 1.39 (As of Sep. 25, 2024)


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What is ePlus Cyclically Adjusted PS Ratio?

As of today (2024-09-25), ePlus's current share price is €87.50. ePlus's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €62.74. ePlus's Cyclically Adjusted PS Ratio for today is 1.39.

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

STU:MLE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.97   Max: 1.43
Current: 1.43

During the past years, ePlus's highest Cyclically Adjusted PS Ratio was 1.43. The lowest was 0.53. And the median was 0.97.

STU:MLE's Cyclically Adjusted PS Ratio is ranked better than
57.37% of 1384 companies
in the Software industry
Industry Median: 1.925 vs STU:MLE: 1.43

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.

ePlus's adjusted revenue per share data for the three months ended in Jun. 2024 was €18.875. 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 €62.74 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ePlus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ePlus'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.

ePlus Cyclically Adjusted PS Ratio Chart

ePlus Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 1.06 1.02 0.80 1.16

ePlus Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.89 0.98 1.22 1.16 1.07

Competitive Comparison of ePlus's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, ePlus'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.


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

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

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



ePlus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.50/62.74
=1.39

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=18.875/132.5538*132.5538
=18.875

Current CPI (Jun. 2024) = 132.5538.

ePlus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 7.857 100.428 10.370
201412 8.530 99.070 11.413
201503 8.419 99.621 11.202
201506 8.233 100.684 10.839
201509 10.266 100.392 13.555
201512 9.352 99.792 12.422
201603 9.123 100.470 12.036
201606 9.344 101.688 12.180
201609 11.919 101.861 15.510
201612 11.123 101.863 14.474
201703 11.165 102.862 14.388
201706 11.851 103.349 15.200
201709 11.121 104.136 14.156
201712 10.396 104.011 13.249
201803 9.691 105.290 12.200
201806 11.223 106.317 13.993
201809 10.883 106.507 13.545
201812 11.217 105.998 14.027
201903 10.639 107.251 13.149
201906 12.540 108.070 15.381
201909 13.996 108.329 17.126
201912 14.430 108.420 17.642
202003 12.348 108.902 15.030
202006 11.774 108.767 14.349
202009 13.729 109.815 16.572
202012 13.137 109.897 15.845
202103 11.001 111.754 13.048
202106 12.864 114.631 14.875
202109 14.492 115.734 16.598
202112 16.262 117.630 18.325
202203 15.296 121.301 16.715
202206 16.249 125.017 17.229
202209 18.730 125.227 19.826
202212 22.086 125.222 23.379
202303 17.286 127.348 17.993
202306 19.888 128.729 20.479
202309 20.638 129.860 21.066
202312 17.485 129.419 17.908
202403 18.982 131.776 19.094
202406 18.875 132.554 18.875

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.


ePlus  (STU:MLE) 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.


ePlus Cyclically Adjusted PS Ratio Related Terms

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


ePlus Business Description

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ePlus Inc is a holding company. ePlus through its subsidiaries provides information technology solutions. The company's technology solutions enable organizations to optimize their IT environment and supply chain processes. It also provides consulting, professional and managed services, and complete lifecycle management services including flexible financing solutions. ePlus focuses on selling to medium and large enterprises in the United States and to customers in select international markets including the United Kingdom, the European Union, India, Singapore, and Israel..

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