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Roper Technologies (Roper Technologies) Cyclically Adjusted PS Ratio : 9.79 (As of May. 01, 2024)


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What is Roper Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Roper Technologies's current share price is $514.76. Roper Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $52.59. Roper Technologies's Cyclically Adjusted PS Ratio for today is 9.79.

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

ROP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.17   Med: 8.14   Max: 11.5
Current: 9.72

During the past years, Roper Technologies's highest Cyclically Adjusted PS Ratio was 11.50. The lowest was 5.17. And the median was 8.14.

ROP's Cyclically Adjusted PS Ratio is ranked worse than
90.21% of 1430 companies
in the Software industry
Industry Median: 1.86 vs ROP: 9.72

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.

Roper Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was $15.576. 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 $52.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roper Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Roper Technologies'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.

Roper Technologies Cyclically Adjusted PS Ratio Chart

Roper Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 10.61 10.97 8.83 10.46

Roper Technologies 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 8.78 9.40 9.32 10.46 10.66

Competitive Comparison of Roper Technologies's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Roper Technologies'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.


Roper Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Roper Technologies 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.

Roper Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=514.76/52.59
=9.79

* 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.

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

For example, Roper Technologies'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)
=15.576/129.4194*129.4194
=15.576

Current CPI (Mar. 2024) = 129.4194.

Roper Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.779 100.560 11.299
201409 8.753 100.428 11.280
201412 9.356 99.070 12.222
201503 8.537 99.621 11.091
201506 8.758 100.684 11.258
201509 8.700 100.392 11.216
201512 9.265 99.792 12.016
201603 8.820 100.470 11.361
201606 9.091 101.688 11.570
201609 9.219 101.861 11.713
201612 9.839 101.863 12.501
201703 10.536 102.862 13.256
201706 10.974 103.349 13.742
201709 11.185 104.136 13.901
201712 11.817 104.011 14.704
201803 11.540 105.290 14.185
201806 12.392 106.317 15.085
201809 12.607 106.507 15.319
201812 13.183 105.998 16.096
201903 12.294 107.251 14.835
201906 12.657 108.070 15.157
201909 12.875 108.329 15.382
201912 7.170 108.420 8.559
202003 12.827 108.902 15.244
202006 12.370 108.767 14.719
202009 11.314 109.815 13.334
202012 4.753 109.897 5.597
202103 12.982 111.754 15.034
202106 11.182 114.631 12.625
202109 11.547 115.734 12.912
202112 11.766 117.630 12.945
202203 11.994 121.301 12.797
202206 12.273 125.017 12.705
202209 12.643 125.227 13.066
202212 13.398 125.222 13.847
202303 13.736 127.348 13.959
202306 14.257 128.729 14.333
202309 14.530 129.860 14.481
202312 14.981 129.419 14.981
202403 15.576 129.419 15.576

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.


Roper Technologies  (NAS:ROP) 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.


Roper Technologies Cyclically Adjusted PS Ratio Related Terms

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


Roper Technologies (Roper Technologies) Business Description

Industry
Traded in Other Exchanges
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.
Executives
Robert D Johnson director HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Christopher Wright director C/O GENAISSANCE PHARMACEUTICALS INC, 5 SCIENCE PARK, NEW HAVEN CT 06511
Laurence Neil Hunn officer: Executive Vice President 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Shellye L Archambeau director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Jason Conley officer: Vice President and Controller C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Richard F Wallman director HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
Brandon L Cross officer: VP and Corporate Controller 6901 PROFESSIONAL PARKWAY, SUITE 200, SARASOTA FL 34240
Robert Crisci officer: Vice President and CFO C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
John K Stipancich officer: VP, GC & Secretary C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY E, STE. 200, SARASOTA FL 34240
Joyce Thomas Patrick Jr director 2099 PENNSYLVANIA AVENUE, NW, 12TH FLOOR, WASHINGTON DC 22207
Irene M Esteves director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Amy Woods Brinkley director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-58-04, CHARLOTTE NC 28255
Fort John F Iii director C/O ROPER INDUSTRIES INC, 2160 SATELLITE BLVD, DULUTH GA 30097
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304