TCYSF (Tecsys) Cyclically Adjusted PB Ratio: 7.51 (As of Jul. 31, 2026) — 16% Below Median

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TCYSF Tecsys Inc TCYSF
79 GF Score
Price $24.18
GF Value $29.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tecsys Cyclically Adjusted PB Ratio?

Tecsys TCYSF 79 Cyclically Adjusted PB Ratio is 7.51 as of Jul. 31, 2026, which is 16% below its 10-year median of 8.99. GuruFocus rates TCYSF with a GF Score™ of 79/100 and a GF Value™ of $29.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,576 Software companies, Tecsys ranks worse than 85.28% on this metric.

As of today (2026-07-31), Tecsys's current share price is $24.18. Tecsys's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $3.22. Tecsys's Cyclically Adjusted PB Ratio for today is 7.51.

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

TCYSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.29   Med: 8.99   Max: 26.09
Current: 7.4

During the past years, Tecsys's highest Cyclically Adjusted PB Ratio was 26.09. The lowest was 5.29. And the median was 8.99.

TCYSF's Cyclically Adjusted PB Ratio is ranked worse than
85.28% of 1576 companies
in the Software industry
Industry Median: 2.235 vs TCYSF: 7.40

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.

Tecsys's adjusted book value per share data for the three months ended in Apr. 2026 was $3.137. 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 $3.22 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecsys  (OTCPK:TCYSF) 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.


Tecsys Cyclically Adjusted PB Ratio Related Terms


Tecsys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tecsys'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.

Tecsys Cyclically Adjusted PB Ratio Chart

Tecsys Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.56 7.34 9.97 10.09 7.92

Tecsys Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 10.09 8.56 8.13 5.91 7.92

TCYSF vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Tecsys'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.


Tecsys Cyclically Adjusted PB Ratio vs Software Industry

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

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


TCYSF
79GF Score
Tecsys Inc TCYSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecsys 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.

Tecsys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.18/3.22
=7.51

* 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.

Tecsys's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Tecsys's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=3.137/132.7364*132.7364
=3.137

Current CPI (Apr. 2026) = 132.7364.

Tecsys Quarterly Data

Book Value per Share CPI Adj_Book
201607 1.647 101.844 2.147
201610 1.604 102.002 2.087
201701 1.656 102.318 2.148
201704 1.856 103.029 2.391
201707 2.496 103.029 3.216
201710 2.519 103.424 3.233
201801 2.580 104.056 3.291
201804 2.590 105.320 3.264
201807 2.452 106.110 3.067
201810 2.477 105.952 3.103
201901 2.313 105.557 2.909
201904 2.257 107.453 2.788
201907 2.179 108.243 2.672
201910 2.227 107.927 2.739
202001 2.263 108.085 2.779
202004 3.018 107.216 3.736
202007 3.259 108.401 3.991
202010 3.381 108.638 4.131
202101 3.591 109.192 4.365
202104 3.702 110.851 4.433
202107 3.651 112.431 4.310
202110 3.727 113.695 4.351
202201 3.656 114.801 4.227
202204 3.735 118.357 4.189
202207 3.613 120.964 3.965
202210 3.360 121.517 3.670
202301 3.604 121.596 3.934
202304 3.582 123.571 3.848
202307 3.857 124.914 4.099
202310 3.413 125.310 3.615
202401 3.647 125.072 3.870
202404 3.369 126.890 3.524
202407 3.294 128.075 3.414
202410 3.216 127.838 3.339
202501 2.828 127.443 2.945
202504 3.436 129.102 3.533
202507 3.464 130.290 3.529
202510 3.304 130.603 3.358
202601 3.421 130.366 3.483
202604 3.137 132.736 3.137

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 7.51 mean?
Tecsys (TCYSF) has a Cyclically Adjusted PB Ratio of 7.51 as of Jul. 31, 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 Tecsys and its competitors. This is 16% below median its historical median of 8.99. Over the past decade, Tecsys' Cyclically Adjusted PB Ratio has ranged from 5.29 to 26.09. According to the industry distribution chart, Tecsys ranks #1344 out of 1576 companies in the Software industry, placing it in the top 85.3%.
Is Tecsys' Cyclically Adjusted PB Ratio too high?
Tecsys' current Cyclically Adjusted PB Ratio of 7.51 is 16% below median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 26.09. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Tecsys' value of 7.51 is 236% above this industry median. Based on the distribution chart, Tecsys ranks #1344 out of 1576 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tecsys has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tecsys' Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Tecsys ranks #1344 out of 1576 companies for Cyclically Adjusted PB Ratio. This places Tecsys in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Tecsys' value of 7.51 is 236% above this benchmark. Historically, Tecsys' own Cyclically Adjusted PB Ratio has ranged from 5.29 to 26.09 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 2.24, Tecsys 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 2.24, based on 1,576 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. Tecsys's current Cyclically Adjusted PB Ratio of 7.51 is 236% 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 Tecsys and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecsys's current Cyclically Adjusted PB Ratio is 7.51, which is 16% below median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecsys stock overvalued right now?
Based on GuruFocus' analysis, Tecsys (TCYSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.21, compared to a current price of $24.18 — trading 17.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.51, which is 16% below median its 10-year median of 8.99 and 236% above the Software industry median of 2.24. Tecsys' overall GF Score™ is 79/100 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 Tecsys (TCYSF), the current Cyclically Adjusted PB Ratio is 7.51 as of Jul. 31, 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 Tecsys (TCYSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tecsys stock appears to be undervalued. The current stock price of $24.18 is trading 17.2% below its estimated GF Value™ of $29.21. GuruFocus considers Tecsys to be Modestly Undervalued.

Key valuation signals for TCYSF:

  • Cyclically Adjusted PB Ratio: 7.51 (16% below median its 10-year median of 8.99)
  • GF Value™: $29.21 vs. price of $24.18 (17.2% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 236% above the Software median (#1344 of 1576)

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


Tecsys Business Description

Other Exchanges 9T1:GermanyTCS:Canada
Address 1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8
Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use, and order management. It also provides related consulting, education, and support services. The company serves healthcare systems, services parts, third-party logistics, retail, and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada, Europe, and other regions.
79GF Score

Get the complete analysis for TCYSF

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

$24.18
Price
$29.21
GF Value