FCS Software Solutions (NSE:FCSSOFT) Cyclically Adjusted PB Ratio: (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:FCSSOFT FCS Software Solutions Ltd NSE:FCSSOFT
60 GF Score
Price ₹1.44
GF Value ₹6.56
Valuation Significantly Undervalued
! 2 Warning Signs
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What is FCS Software Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FCS Software Solutions  (NSE:FCSSOFT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


FCS Software Solutions Cyclically Adjusted PB Ratio Related Terms


FCS Software Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FCS Software Solutions's Cyclically Adjusted PB 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.

FCS Software Solutions Cyclically Adjusted PB Ratio Chart

FCS Software Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.65 1.29 0.90 0.44

FCS Software Solutions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 0.00 0.85 0.00 0.44 0.00

NSE:FCSSOFT vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, FCS Software Solutions's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


FCS Software Solutions Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where FCS Software Solutions's Cyclically Adjusted PB Ratio falls into.


NSE:FCSSOFT
60GF Score
FCS Software Solutions Ltd NSE:FCSSOFT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FCS Software Solutions Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

FCS Software Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, FCS Software Solutions's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

FCS Software Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.215 105.961 3.473
201612 2.145 105.196 3.388
201703 2.079 105.196 3.284
201706 0.000 107.109 0.000
201709 1.952 109.021 2.975
201712 0.000 109.404 0.000
201803 2.014 109.786 3.048
201806 0.000 111.317 0.000
201809 1.944 115.142 2.805
201812 0.000 115.142 0.000
201903 2.001 118.202 2.813
201906 0.000 120.880 0.000
201909 1.963 123.175 2.648
201912 0.000 126.235 0.000
202003 1.780 124.705 2.372
202006 0.000 127.000 0.000
202009 1.788 130.118 2.283
202012 0.000 130.889 0.000
202103 1.740 131.771 2.194
202106 0.000 134.084 0.000
202109 1.750 135.847 2.140
202112 0.000 138.161 0.000
202203 2.035 138.822 2.436
202206 0.000 142.347 0.000
202209 2.033 144.661 2.335
202212 0.000 145.763 0.000
202303 2.099 146.865 2.375
202306 0.000 150.280 0.000
202309 2.087 151.492 2.289
202312 0.000 152.924 0.000
202403 2.507 153.035 2.722
202406 0.000 155.789 0.000
202409 2.517 157.882 2.649
202412 0.000 158.323 0.000
202503 2.545 157.552 2.684
202506 0.000 159.755 0.000
202509 2.520 162.289 2.580
202512 0.000 163.281 0.000
202603 2.435 164.272 2.463
202606 0.000 166.145 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

Is FCS Software Solutions (NSE:FCSSOFT) Overvalued in 2026?

Based on GuruFocus' analysis, FCS Software Solutions stock appears to be undervalued. The current stock price of ₹1.44 is trading 78% below its estimated GF Value™ of ₹6.56. GuruFocus considers FCS Software Solutions to be Significantly Undervalued.

Key valuation signals for NSE:FCSSOFT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹6.56 vs. price of ₹1.44 (78% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the NSE:FCSSOFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FCS Software Solutions Business Description

Other Exchanges 532666:India
Address Noida Dadri Road, FCS House, Plot No. 83, Phase - II, Gautam Budh Nagar, Noida Special Economic Zone, Noida, UP, IND, 201 305
FCS Software Solutions Ltd is engaged in providing a range of IT and business services, engineering, and product & platform services. Its business consists of software development and marketing, and providing support services mainly for corporate business entities in the BPO sectors, software development, e-learning service, and other related Information Technology Enabled Services. Its segments are IT & IT Enable Services, Education/E-Learning Services, and Leasing Services. The Company also carries business of leasing or letting out all kinds of immovable property, including IT Infrastructural property, whether freehold, leasehold, to any type of person. The geographical segments include India and the USA.
60GF Score

Get the complete analysis for NSE:FCSSOFT

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.44
Price
₹6.56
GF Value