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CyberArk Software (FRA:CYB) Cyclically Adjusted PS Ratio : 23.87 (As of Nov. 10, 2024)


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What is CyberArk Software Cyclically Adjusted PS Ratio?

As of today (2024-11-10), CyberArk Software's current share price is €276.70. CyberArk Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €11.59. CyberArk Software's Cyclically Adjusted PS Ratio for today is 23.87.

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

FRA:CYB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.3   Med: 16.15   Max: 24.83
Current: 23.74

During the past years, CyberArk Software's highest Cyclically Adjusted PS Ratio was 24.83. The lowest was 12.30. And the median was 16.15.

FRA:CYB's Cyclically Adjusted PS Ratio is ranked worse than
96.86% of 1371 companies
in the Software industry
Industry Median: 2.04 vs FRA:CYB: 23.74

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.

CyberArk Software's adjusted revenue per share data for the three months ended in Jun. 2024 was €4.861. 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 €11.59 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CyberArk Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CyberArk Software'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.

CyberArk Software Cyclically Adjusted PS Ratio Chart

CyberArk Software 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 - - - 13.65 19.33

CyberArk Software 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 14.95 14.98 19.33 22.27 22.00

Competitive Comparison of CyberArk Software's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, CyberArk Software'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.


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

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

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



CyberArk Software 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=276.70/11.59
=23.87

* 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.

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

For example, CyberArk Software'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)
=4.861/132.5538*132.5538
=4.861

Current CPI (Jun. 2024) = 132.5538.

CyberArk Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.736 100.428 0.971
201412 0.965 99.070 1.291
201503 0.874 99.621 1.163
201506 0.926 100.684 1.219
201509 0.998 100.392 1.318
201512 1.322 99.792 1.756
201603 1.180 100.470 1.557
201606 1.253 101.688 1.633
201609 1.361 101.861 1.771
201612 1.697 101.863 2.208
201703 1.528 102.862 1.969
201706 1.413 103.349 1.812
201709 1.503 104.136 1.913
201712 1.874 104.011 2.388
201803 1.597 105.290 2.011
201806 1.802 106.317 2.247
201809 1.936 106.507 2.409
201812 2.551 105.998 3.190
201903 2.209 107.251 2.730
201906 2.274 108.070 2.789
201909 2.513 108.329 3.075
201912 2.987 108.420 3.652
202003 2.459 108.902 2.993
202006 2.452 108.767 2.988
202009 2.332 109.815 2.815
202012 3.053 109.897 3.682
202103 2.418 111.754 2.868
202106 2.459 114.631 2.843
202109 2.594 115.734 2.971
202112 3.349 117.630 3.774
202203 2.883 121.301 3.150
202206 3.323 125.017 3.523
202209 3.776 125.227 3.997
202212 3.907 125.222 4.136
202303 3.669 127.348 3.819
202306 3.902 128.729 4.018
202309 4.277 129.860 4.366
202312 4.869 129.419 4.987
202403 4.270 131.776 4.295
202406 4.861 132.554 4.861

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.


CyberArk Software  (FRA:CYB) 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.


CyberArk Software Cyclically Adjusted PS Ratio Related Terms

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


CyberArk Software Business Description

Industry
Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.

CyberArk Software Headlines