NINtec Systems (NSE:NINSYS) Cyclically Adjusted PB Ratio: 45.36 (As of Aug. 25, 2026) — 12% Above Median

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NSE:NINSYS NINtec Systems Ltd NSE:NINSYS
90 GF Score
Price ₹717.20
GF Value ₹807.55
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is NINtec Systems Cyclically Adjusted PB Ratio?

NINtec Systems NSE:NINSYS +0.28% 90 Cyclically Adjusted PB Ratio is 45.36 as of Aug. 25, 2026, which is 12% above its 10-year median of 40.58. GuruFocus rates NSE:NINSYS with a GF Score™ of 90/100 and a GF Value™ of ₹807.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,515 Software companies, NINtec Systems ranks worse than 98.68% on this metric.

As of today (2026-08-25), NINtec Systems's current share price is ₹717.20. NINtec Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹15.81. NINtec Systems's Cyclically Adjusted PB Ratio for today is 45.36.

The historical rank and industry rank for NINtec Systems's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:NINSYS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 24.42   Med: 40.58   Max: 49.22
Current: 45.61

During the past 11 years, NINtec Systems's highest Cyclically Adjusted PB Ratio was 49.22. The lowest was 24.42. And the median was 40.58.

NSE:NINSYS's Cyclically Adjusted PB Ratio is ranked worse than
98.68% of 1515 companies
in the Software industry
Industry Median: 2.31 vs NSE:NINSYS: 45.61

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

NINtec Systems's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹49.326. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹15.81 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


NINtec Systems  (NSE:NINSYS) 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.


NINtec Systems Cyclically Adjusted PB Ratio Related Terms


NINtec Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NINtec Systems'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.

NINtec Systems Cyclically Adjusted PB Ratio Chart

NINtec Systems 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 40.64 25.14

NINtec Systems Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 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 25.14 0.00

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

For the Information Technology Services subindustry, NINtec Systems'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.


NINtec Systems Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where NINtec Systems's Cyclically Adjusted PB Ratio falls into.


NSE:NINSYS
90GF Score
NINtec Systems Ltd NSE:NINSYS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NINtec Systems 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.

NINtec Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=717.20/15.81
=45.36

* 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.

NINtec Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, NINtec Systems's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=49.326/164.2724*164.2724
=49.326

Current CPI (Mar26) = 164.2724.

NINtec Systems Annual Data

Book Value per Share CPI Adj_Book
201703 4.011 105.196 6.264
201803 4.233 109.786 6.334
201903 4.704 118.202 6.537
202003 5.389 124.705 7.099
202103 6.078 131.771 7.577
202203 7.484 138.822 8.856
202303 10.425 146.865 11.661
202403 18.820 153.035 20.202
202503 33.024 157.552 34.433
202603 49.326 164.272 49.326

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.

What does a Cyclically Adjusted PB Ratio of 45.36 mean?
NINtec Systems (NSE:NINSYS) has a Cyclically Adjusted PB Ratio of 45.36 as of Aug. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NINtec Systems and its competitors. This is 12% above median its historical median of 40.58. Over the past decade, NINtec Systems' Cyclically Adjusted PB Ratio has ranged from 24.42 to 49.22. According to the industry distribution chart, NINtec Systems ranks #1495 out of 1515 companies in the Software industry, placing it in the top 98.7%.
Is NINtec Systems' Cyclically Adjusted PB Ratio too high?
NINtec Systems' current Cyclically Adjusted PB Ratio of 45.36 is 12% above median its 10-year median of 40.58. Over the past 10 years, this metric has ranged from a low of 24.42 to a high of 49.22. The Software industry median Cyclically Adjusted PB Ratio is 2.31. NINtec Systems' value of 45.36 is 1863.6% above this industry median. Based on the distribution chart, NINtec Systems ranks #1495 out of 1515 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NINtec Systems has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NINtec Systems' Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, NINtec Systems ranks #1495 out of 1515 companies for Cyclically Adjusted PB Ratio. This places NINtec Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. NINtec Systems' value of 45.36 is 1863.6% above this benchmark. Historically, NINtec Systems' own Cyclically Adjusted PB Ratio has ranged from 24.42 to 49.22 over the past decade. While the company's 10-year median is 40.58 vs. the industry median of 2.31, NINtec Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,515 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NINtec Systems's current Cyclically Adjusted PB Ratio of 45.36 is 1863.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NINtec Systems and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NINtec Systems's current Cyclically Adjusted PB Ratio is 45.36, which is 12% above median its own 10-year median of 40.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NINtec Systems stock overvalued right now?
Based on GuruFocus' analysis, NINtec Systems (NSE:NINSYS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹807.55, compared to a current price of ₹717.20 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 45.36, which is 12% above median its 10-year median of 40.58 and 1863.6% above the Software industry median of 2.31. NINtec Systems' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For NINtec Systems (NSE:NINSYS), the current Cyclically Adjusted PB Ratio is 45.36 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NINtec Systems (NSE:NINSYS) Overvalued in 2026?

Based on GuruFocus' analysis, NINtec Systems stock appears to be undervalued. The current stock price of ₹717.20 is trading 11.2% below its estimated GF Value™ of ₹807.55. GuruFocus considers NINtec Systems to be Modestly Undervalued.

Key valuation signals for NSE:NINSYS:

  • Cyclically Adjusted PB Ratio: 45.36 (12% above median its 10-year median of 40.58)
  • GF Value™: ₹807.55 vs. price of ₹717.20 (11.2% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 1863.6% above the Software median (#1495 of 1515)

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


NINtec Systems Business Description

Other Exchanges 539843:India
Address S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd provides comprehensive software services and solutions, including business analytics, cloud services, application engineering, testing services, and artificial intelligence and machine learning. The company specializes in offshore software product development, application development and maintenance, software migration, multimedia and web design, digitization of engineering drawings, and search engine optimization. Serving diverse industries such as Healthcare & Lifesciences, Manufacturing, Automotive, Print Media & Publishing, BFSI, and Transportation & Logistics, NSL delivers strategic offshore outsourcing advantages to international customers by enhancing efficiency, reducing costs, and accelerating innovation.
90GF Score

Get the complete analysis for NSE:NINSYS

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

₹717.20
Price
₹807.55
GF Value