Oracle Corp. (NYSE:ORCL)

Price to Earnings (P/E) Ratio

The Price to Earnings ratio began being reported in May 2020 at 16.69, showing a gradual increase to a peak of 38.96 in February 2023. Following this peak, the ratio experienced fluctuations but generally remained elevated, reaching a high of 47.6 by February 2025. This trend indicates a rising market valuation relative to earnings over the period, with notable volatility especially from mid-2022 onward.

Price to Operating Profit (P/OP) Ratio

Starting with a value of 12.17 in May 2020, the Price to Operating Profit ratio increased steadily, peaking at 29.86 in February 2025. There were periods of decline, for example between November 2021 and August 2022, but the overall direction points to significantly higher valuations compared to operating profits, mirroring the upward trend observed in P/E ratios.

Price to Sales (P/S) Ratio

Beginning at 4.33 in May 2020, the Price to Sales ratio showed a consistent upward trajectory over time. It moved from mid-single digits to over 10 by February 2025, with intermittent volatility. This trend reflects increasing market appreciation relative to revenues, with the highest values recorded toward the end of the observed period.

Price to Book Value (P/BV) Ratio

The Price to Book Value ratio presents a more complex pattern. It started at 9.59 in August 2019 and generally increased, reaching exceptionally high values above 300 in November 2022. Subsequent quarters saw a sharp decline, yet the ratio remained elevated around the 24-39 range through to February 2025. This indicates significant market premium over the book value at certain points, with heightened valuation fluctuations compared to other metrics.

The share price exhibits a generally upward trend with notable volatility over the reported periods. Initially priced at $53.75 in August 2019, the share price experienced fluctuations but showed considerable appreciation by reaching a peak of $177.74 in November 2024. After a slight decline to $144.18 in February 2025, the share price surged again to $210.87 by May 2025. This upward trajectory indicates growing market confidence and potentially favorable company performance or market conditions.

Earnings per share (EPS) data is available starting from May 2020, with an initial value of $3.3. The EPS exhibits moderate fluctuations around a general upward trend, indicating gradual improvement in the company’s profitability. Values peaked periodically, such as $5.1 in August 2021, followed by declines, but generally stabilized in the range of $3.1 to $4.4 towards the most recent quarters. This pattern suggests some volatility in earnings but an overall increase in profitability compared to the initial data points.

The Price-to-Earnings (P/E) ratio reflects varying investor valuation of the company's earnings over time. Beginning at 16.69 in May 2020, the P/E ratio showed an increasing trend with intermittent fluctuations, reaching as high as 47.6 in May 2025. Notable spikes in the P/E ratio correspond to periods where share prices increased disproportionately relative to earnings or where earnings declined while share prices rose. Elevated P/E ratios indicate investor expectations of future growth but may also suggest that shares are becoming more expensive relative to earnings in recent periods.

Summary of Trends

The overall positive trajectory in share price coupled with gradually increasing EPS suggests improvement in company financial performance and market valuation.

Volatility in earnings and share price indicates susceptibility to market or operational fluctuations.

Increasing P/E ratios reflect growing investor optimism but also heightened valuation risk.

The data reveals several key trends and fluctuations in share price, operating profit per share, and the Price-to-Operating Profit (P/OP) ratio over the specified time periods.

Share Price (US$):

The share price exhibited an overall growth trajectory from August 2019 to May 2025, starting at approximately $53.75 and culminating at $210.87. Notable is the volatility observed within this period. From August 2019 through early 2020, the share price showed moderate fluctuations around the $50 to $60 range. Beginning late 2020 through early 2021, there was a significant upward momentum, peaking at $102.63 by November 2021. However, this was followed by a considerable pullback to $67.68 in May 2022. Subsequent periods reflected renewed strength, with share prices increasing sharply, particularly post-May 2023, reaching its highest point of $210.87 in May 2025. The fluctuations suggest phases of market optimism interspersed with corrective adjustments.

Operating Profit per Share (US$):

Operating profit per share data begins from May 2020, starting at $4.53. Over time, it demonstrates a generally upward trend with intermittent declines. Between May 2020 and November 2021, operating profit per share increased steadily from $4.53 to a peak of $5.63. This was followed by a downturn to around $3.75 in August 2022, indicating some operational challenges or increased costs during this interval. Thereafter, the figure recovered and maintained a gradual upward momentum, surpassing $6.29 by May 2025. The recovery phase suggests resilience and improving operational efficiency in the latter periods.

Price-to-Operating Profit (P/OP) Ratio:

The P/OP ratio started to be reported alongside operating profit per share from May 2020 and shows a complex pattern reflective of changing market valuations relative to operating profitability. Initially, the ratio ranged from around 12.17 to 15.78 through late 2020 and mid-2021, reflecting moderate investor valuations. By November 2021, this ratio surged dramatically to 24.87, indicative of a higher market price relative to operating profit, possibly due to investor expectations of future growth or temporary valuation inflation. The ratio then declined to roughly 15.5 in August 2022 concurrent with the dip in share price and operating profit before climbing again to peak levels of 33.5 in May 2025. The rising trend toward the latter part of the dataset suggests increasing investor confidence and willingness to pay a premium, or that share price gains outpaced improvements in operating profit per share.

In summary, the analyzed period reflects a company experiencing overall positive share price appreciation accompanied by fluctuating but generally improving operating profit. Market valuation multiples have exhibited significant variability, indicating changing investor sentiment and expectations. The data points to a resilient financial performance with potential growth optimism especially evident in the latter stages of the timeline.

The analysis of the quarterly financial data reveals several notable trends regarding the share price, sales per share, and price-to-sales (P/S) ratio over the specified periods.

Share Price

The share price exhibits general upward momentum with some fluctuations. Initially, it experienced moderate growth from approximately 53.75 US$ in August 2019 to a peak around 102.63 US$ in November 2021. Following that peak, a decline is observed, reaching around 67.68 US$ in May 2022. After this dip, the share price resumed its ascent, achieving a new high near 210.87 US$ by May 2025. This indicates overall positive market sentiment and valuation growth over the longer term despite intermediate volatility.

Sales per Share

Sales per share demonstrate steady, continuous growth from 12.73 US$ in May 2020 to 20.44 US$ in May 2025. This consistent increase suggests improving operational performance and revenue generation per share over time, reflecting sustained business expansion or enhanced efficiency in sales generation aligned with shareholder value.

Price-to-Sales (P/S) Ratio

The P/S ratio shows notable variability though an overall rising trend through the periods analyzed. It increased from 4.33 in May 2020 to a peak of 9.05 in November 2024, with fluctuations including a substantial decrease around May 2022 to 4.25. The elevation in the P/S ratio generally indicates the market is willing to pay more per dollar of sales, potentially driven by increased investor confidence or improved growth prospects. The oscillations in the ratio could be associated with share price volatility relative to sales changes.

In summary, the data reflects sustained organic growth in sales per share accompanied by significant appreciation in share price, with the P/S ratio reinforcing the idea of rising market valuation for the company's sales revenue. The intermittent dips in share price and P/S ratios suggest periods of market correction or valuation reassessment, but the overarching trajectory remains positive.

The analysis of the quarterly financial data reveals several notable trends in the share price, book value per share (BVPS), and the price-to-book value (P/BV) ratio over the observed periods.

Share Price

The share price exhibited volatility but maintained an overall upward trajectory. Initially, from August 2019 to November 2019, it remained relatively stable around the mid-50 US dollars mark, with a slight dip to 47.93 US dollars in February 2020. Subsequently, there was a steady increase, reaching a peak of 102.63 US dollars in November 2021. Following this peak, the price decreased somewhat, descending to 67.68 US dollars by May 2022. From that point onward, the price showed a resumption of growth, climaxing at 210.87 US dollars in May 2025. This pattern reflects strong recovery and growth in the later periods, with the share price more than tripling from its earlier stable range.

Book Value Per Share (BVPS)

The book value per share experienced significant fluctuations, including periods of negative values. Initially, BVPS decreased steadily from 5.61 US dollars in August 2019 to 2.69 US dollars in November 2020. This decline continued more dramatically afterward, with the BVPS turning negative in August 2021 and reaching a low of -3.78 US dollars in November 2021. After hitting this trough, the BVPS began a recovery trend, returning to positive territory by May 2023. From then, it showed a consistent upward movement, ending at 7.28 US dollars by May 2025, surpassing the initial value observed at the start of the series.

P/BV Ratio

The price-to-book value ratio displayed high volatility and marked increases followed by sharp declines, reflecting the combined effect of changes in share price and book value per share. Early data shows the ratio increasing from 9.59 in August 2019 to a high of 41.57 in May 2021. Subsequently, there were missing values during the periods when book value was negative, indicating calculation difficulties or data omission during those times. Later, the ratio escalated immensely, peaking at 308.71 in November 2022, which is an extreme valuation suggesting significant disparity between market price and book value. After this peak, the ratio steadily decreased through the remaining periods to 28.96 by May 2025, trending toward a more moderate valuation level in relation to book value.

In summary, the share price demonstrates strong long-term growth punctuated by temporary declines. BVPS reveals a period of deteriorating asset value culminating in negative book values, followed by a recovery trend restoring positive net asset value. The P/BV ratio's volatility corresponds with these shifts, reaching exceptional highs during periods of negative or minimal book value, then normalizing as BVPS recovers. This indicates an initially high market premium relative to book value during the downturn, with valuations adjusting as the company's financial position improved over time.