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Roper Technologies (FRA:ROP) Cyclically Adjusted PS Ratio : 10.33 (As of Jun. 12, 2024)


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What is Roper Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Roper Technologies's current share price is €510.60. Roper Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €49.43. Roper Technologies's Cyclically Adjusted PS Ratio for today is 10.33.

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

FRA:ROP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.17   Med: 8.24   Max: 11.5
Current: 10.38

During the past years, Roper Technologies's highest Cyclically Adjusted PS Ratio was 11.50. The lowest was 5.17. And the median was 8.24.

FRA:ROP's Cyclically Adjusted PS Ratio is ranked worse than
91.43% of 1458 companies
in the Software industry
Industry Median: 1.815 vs FRA:ROP: 10.38

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 €14.330. 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 €49.43 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 10.48

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
=510.60/49.43
=10.33

* 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)
=14.33/131.7762*131.7762
=14.330

Current CPI (Mar. 2024) = 131.7762.

Roper Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.462 100.560 8.468
201409 6.792 100.428 8.912
201412 7.588 99.070 10.093
201503 7.888 99.621 10.434
201506 7.803 100.684 10.213
201509 7.751 100.392 10.174
201512 8.505 99.792 11.231
201603 7.920 100.470 10.388
201606 8.091 101.688 10.485
201609 8.214 101.861 10.626
201612 9.328 101.863 12.067
201703 9.852 102.862 12.621
201706 9.767 103.349 12.454
201709 9.384 104.136 11.875
201712 9.985 104.011 12.650
201803 9.359 105.290 11.713
201806 10.607 106.317 13.147
201809 10.804 106.507 13.367
201812 11.588 105.998 14.406
201903 10.880 107.251 13.368
201906 11.202 108.070 13.659
201909 11.691 108.329 14.221
201912 6.453 108.420 7.843
202003 11.609 108.902 14.047
202006 10.984 108.767 13.308
202009 9.606 109.815 11.527
202012 3.907 109.897 4.685
202103 10.905 111.754 12.859
202106 9.281 114.631 10.669
202109 9.815 115.734 11.175
202112 10.413 117.630 11.665
202203 10.891 121.301 11.832
202206 11.611 125.017 12.239
202209 12.770 125.227 13.438
202212 12.648 125.222 13.310
202303 12.829 127.348 13.275
202306 13.159 128.729 13.471
202309 13.614 129.860 13.815
202312 13.738 129.419 13.988
202403 14.330 131.776 14.330

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  (FRA: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 (FRA:ROP) 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.