Newgen Software Technologies (NSE:NEWGEN) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:NEWGEN Newgen Software Technologies Ltd NSE:NEWGEN
91 GF Score
Price ₹556.55
GF Value ₹1,058.04
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Newgen Software Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Newgen Software Technologies  (NSE:NEWGEN) 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.


Newgen Software Technologies Cyclically Adjusted PB Ratio Related Terms


Newgen Software Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Newgen Software Technologies'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.

Newgen Software Technologies Cyclically Adjusted PB Ratio Chart

Newgen Software Technologies 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 0.00 0.00 0.00 0.00 6.28

Newgen Software Technologies 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 0.00 0.00 6.28 0.00

NSE:NEWGEN vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Newgen Software Technologies'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.


Newgen Software Technologies Cyclically Adjusted PB Ratio vs Software Industry

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

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


NSE:NEWGEN
91GF Score
Newgen Software Technologies Ltd NSE:NEWGEN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newgen Software Technologies 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.

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

For example, Newgen Software Technologies'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.

Newgen Software Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201503 15.266 97.163 26.104
201603 14.823 102.518 24.023
201703 18.050 105.196 28.508
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 29.264 109.786 44.287
201806 0.000 111.317 0.000
201809 29.998 115.142 43.286
201812 0.000 115.142 0.000
201903 35.690 118.202 50.166
201906 0.000 120.880 0.000
201909 34.510 123.175 46.549
201912 0.000 126.235 0.000
202003 39.244 124.705 52.285
202006 0.000 127.000 0.000
202009 41.118 130.118 52.503
202012 0.000 130.889 0.000
202103 47.580 131.771 59.992
202106 0.000 134.084 0.000
202109 50.199 135.847 61.395
202112 0.000 138.161 0.000
202203 57.994 138.822 69.409
202206 0.000 142.347 0.000
202209 59.772 144.661 68.649
202212 0.000 145.763 0.000
202303 70.225 146.865 79.444
202306 0.000 150.280 0.000
202309 74.267 151.492 81.451
202312 0.000 152.924 0.000
202403 87.532 153.035 95.031
202406 0.000 155.789 0.000
202409 92.820 157.882 97.678
202412 0.000 158.323 0.000
202503 108.152 157.552 114.051
202506 0.000 159.755 0.000
202509 113.205 162.289 115.895
202512 0.000 163.281 0.000
202603 125.910 164.272 127.346
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 Newgen Software Technologies (NSE:NEWGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Newgen Software Technologies stock appears to be undervalued. The current stock price of ₹556.55 is trading 47.4% below its estimated GF Value™ of ₹1,058.04. GuruFocus considers Newgen Software Technologies to be Significantly Undervalued.

Key valuation signals for NSE:NEWGEN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,058.04 vs. price of ₹556.55 (47.4% below fair value)
  • GF Score™: 91/100 with 1 warning sign

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


Newgen Software Technologies Business Description

Other Exchanges 540900:India
Address E-44/13, Okhla Phase II, New Delhi, IND, 110020
Newgen Software Technologies Ltd is a software company. It is engaged in software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to Document management to imaging. The entity's geographical segments are India; USA, and Africa (EMEA); Asia Pacific (APAC); and the United States of America (USA). It generates key revenue from India and the EMEA region. The company's NewgenONE Platform is a unified low-code platform for end-to-end automation at scale for enterprises. The platform offerings include Contextual Content Services (ECM), Intelligent Process Automation (BPM), Omnichannel Customer Engagement (CCM), and Low Code Application Development.
91GF Score

Get the complete analysis for NSE:NEWGEN

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

₹556.55
Price
₹1,058.04
GF Value