ASUR (Asure Software) Cyclically Adjusted PS Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

ASUR Asure Software Inc ASUR
71 GF Score
Price $8.04
GF Value $9.92
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Asure Software Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asure Software  (NAS:ASUR) Cyclically Adjusted PS Ratio Explanation

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


Asure Software Cyclically Adjusted PS Ratio Related Terms


Asure Software Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asure Software's Cyclically Adjusted PS 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.

Asure Software Cyclically Adjusted PS Ratio Chart

Asure Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.73 1.72 1.69 1.67

Asure Software Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 1.73 1.44 1.67 1.49 0.00

ASUR vs IMMR, CMRC, DSP: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Asure Software's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Asure Software Cyclically Adjusted PS Ratio vs Software Industry

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

* The bar in red indicates where Asure Software's Cyclically Adjusted PS Ratio falls into.


ASUR
71GF Score
Asure Software Inc ASUR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asure Software Cyclically Adjusted PS Ratio Calculation

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

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

For example, Asure Software's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.291/333.9520*333.9520
=1.291

Current CPI (Jun. 2026) = 333.9520.

Asure Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.442 241.428 1.995
201612 1.391 241.432 1.924
201703 1.243 243.801 1.703
201706 1.291 244.955 1.760
201709 1.250 246.819 1.691
201712 1.225 246.524 1.659
201803 1.534 249.554 2.053
201806 1.682 251.989 2.229
201809 1.541 252.439 2.039
201812 -0.059 251.233 -0.078
201903 1.325 254.202 1.741
201906 1.118 256.143 1.458
201909 1.147 256.759 1.492
201912 1.127 256.974 1.465
202003 1.205 258.115 1.559
202006 0.895 257.797 1.159
202009 1.009 260.280 1.295
202012 1.010 260.474 1.295
202103 1.042 264.877 1.314
202106 0.894 271.696 1.099
202109 0.930 274.310 1.132
202112 1.040 278.802 1.246
202203 1.214 287.504 1.410
202206 1.010 296.311 1.138
202209 1.083 296.808 1.219
202212 1.451 296.797 1.633
202303 1.571 301.836 1.738
202306 1.473 305.109 1.612
202309 1.298 307.789 1.408
202312 1.053 306.746 1.146
202403 1.249 312.332 1.335
202406 1.085 314.175 1.153
202409 1.109 315.301 1.175
202412 1.157 315.605 1.224
202503 1.293 319.799 1.350
202506 1.106 322.561 1.145
202509 1.315 324.800 1.352
202512 1.407 324.054 1.450
202603 1.481 330.213 1.498
202606 1.291 333.952 1.291

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Asure Software (ASUR) Overvalued in 2026?

Based on GuruFocus' analysis, Asure Software stock appears to be undervalued. The current stock price of $8.04 is trading 19% below its estimated GF Value™ of $9.92. GuruFocus considers Asure Software to be Modestly Undervalued.

Key valuation signals for ASUR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $9.92 vs. price of $8.04 (19% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Asure Software Business Description

Address 405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money, and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its products majorly in the United States.
71GF Score

Get the complete analysis for ASUR

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

$8.04
Price
$9.92
GF Value