Aware (AWRE) Cyclically Adjusted PS Ratio: 1.56 (As of Jul. 12, 2026) — 51% Below Median


AWRE Aware Inc AWRE
62 GF Score
Price $1.39
GF Value $1.72
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aware Cyclically Adjusted PS Ratio?

Aware AWRE +2.21% 62 Cyclically Adjusted PS Ratio is 1.56 as of Jul. 12, 2026, which is 51% below its 10-year median of 3.21. GuruFocus rates AWRE with a GF Score™ of 62/100 and a GF Value™ of $1.72 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,588 Software companies, Aware ranks better than 51.45% on this metric.

As of today (2026-07-12), Aware's current share price is $1.39. Aware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.89. Aware's Cyclically Adjusted PS Ratio for today is 1.56.

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

AWRE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.21   Max: 6.15
Current: 1.56

During the past years, Aware's highest Cyclically Adjusted PS Ratio was 6.15. The lowest was 1.15. And the median was 3.21.

AWRE's Cyclically Adjusted PS Ratio is ranked better than
51.45% of 1588 companies
in the Software industry
Industry Median: 1.655 vs AWRE: 1.56

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Aware's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.157. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aware  (NAS:AWRE) 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.


Aware Cyclically Adjusted PS Ratio Related Terms


Aware Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aware'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.

Aware Cyclically Adjusted PS Ratio Chart

Aware 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 3.54 1.86 1.79 2.17 2.09

Aware Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.75 2.10 2.65 2.09 1.40

AWRE vs ANKM, INLX, LGCL: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Aware'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.


Aware Cyclically Adjusted PS Ratio vs Software Industry

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

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


AWRE
62GF Score
Aware Inc AWRE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aware 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.

Aware's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.39/0.89
=1.56

* 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.

Aware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.157/330.2130*330.2130
=0.157

Current CPI (Mar. 2026) = 330.2130.

Aware Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.299 241.018 0.410
201609 0.257 241.428 0.352
201612 0.174 241.432 0.238
201703 0.186 243.801 0.252
201706 0.116 244.955 0.156
201709 0.262 246.819 0.351
201712 0.142 246.524 0.190
201803 0.135 249.554 0.179
201806 0.175 251.989 0.229
201809 0.250 252.439 0.327
201812 0.188 251.233 0.247
201903 0.173 254.202 0.225
201906 0.140 256.143 0.180
201909 0.140 256.759 0.180
201912 0.114 256.974 0.146
202003 0.163 258.115 0.209
202006 0.088 257.797 0.113
202009 0.115 260.280 0.146
202012 0.159 260.474 0.202
202103 0.206 264.877 0.257
202106 0.198 271.696 0.241
202109 0.194 274.310 0.234
202112 0.185 278.802 0.219
202203 0.217 287.504 0.249
202206 0.196 296.311 0.218
202209 0.138 296.808 0.154
202212 0.190 296.797 0.211
202303 0.205 301.836 0.224
202306 0.152 305.109 0.165
202309 0.302 307.789 0.324
202312 0.208 306.746 0.224
202403 0.210 312.332 0.222
202406 0.205 314.175 0.215
202409 0.182 315.301 0.191
202412 0.226 315.605 0.236
202503 0.170 319.799 0.176
202506 0.182 322.561 0.186
202509 0.242 324.800 0.246
202512 0.220 324.054 0.224
202603 0.157 330.213 0.157

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.

What does a Cyclically Adjusted PS Ratio of 1.56 mean?
Aware (AWRE) has a Cyclically Adjusted PS Ratio of 1.56 as of Jul. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aware and its competitors. This is 51% below median its historical median of 3.21. Over the past decade, Aware's Cyclically Adjusted PS Ratio has ranged from 1.15 to 6.15. According to the industry distribution chart, Aware ranks #771 out of 1588 companies in the Software industry, placing it in the top 48.6%.
Is Aware's Cyclically Adjusted PS Ratio too high?
Aware's current Cyclically Adjusted PS Ratio of 1.56 is 51% below median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 6.15. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Aware's value of 1.56 is 5.7% below this industry median. Based on the distribution chart, Aware ranks #771 out of 1588 companies in the Software industry, which is above the industry midpoint. Overall, Aware has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aware's Cyclically Adjusted PS Ratio compare to ANKM and INLX?
According to the Software industry distribution chart, Aware ranks #771 out of 1588 companies for Cyclically Adjusted PS Ratio. This puts Aware in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Aware's value of 1.56 is 5.7% below this benchmark. Historically, Aware's own Cyclically Adjusted PS Ratio has ranged from 1.15 to 6.15 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 1.66, Aware has consistently been below 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 PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aware's current Cyclically Adjusted PS Ratio of 1.56 is 5.7% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aware and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aware's current Cyclically Adjusted PS Ratio is 1.56, which is 51% below median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aware stock overvalued right now?
Based on GuruFocus' analysis, Aware (AWRE) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.72, compared to a current price of $1.39 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.56, which is 51% below median its 10-year median of 3.21 and 5.7% below the Software industry median of 1.66. Aware's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Aware (AWRE), the current Cyclically Adjusted PS Ratio is 1.56 as of Jul. 12, 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 Aware (AWRE) Overvalued in 2026?

Based on GuruFocus' analysis, Aware stock appears to be undervalued. The current stock price of $1.39 is trading 19.2% below its estimated GF Value™ of $1.72. GuruFocus considers Aware to be Modestly Undervalued.

Key valuation signals for AWRE:

  • Cyclically Adjusted PS Ratio: 1.56 (51% below median its 10-year median of 3.21)
  • GF Value™: $1.72 vs. price of $1.39 (19.2% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 5.7% below the Software median (#771 of 1588)

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


Aware Business Description

Address 76 Blanchard Road, Burlington, MA, USA, 01803
Aware Inc provides biometric identity and authentication solutions. Its Awareness Platform transforms biometric data into actionable intelligence, allowing its clients to verify identities and authenticate access and transactions. The company's products span multiple biometric modalities, including fingerprint, face, iris, and voice. It offers: a broad range of biometrics software products and solutions, including platforms like AwareSDK, AwareABIS, AFIX Suite of Products, Awareness Platform, and WebEnroll; software components such as SDKs, APIs, and applications that customers use to develop their systems into more effective solutions; and several program management and software engineering services. Aware earns maximum revenue from the U.S., followed by the UK and the rest of the world.
62GF Score

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

$1.39
Price
$1.72
GF Value