Avance Technologies (BOM:512149) Cyclically Adjusted PS Ratio: 1.59 (As of Aug. 25, 2026) — 38% Above Median

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BOM:512149 Avance Technologies Ltd BOM:512149
43 GF Score
Price ₹0.89
GF Value ₹1.09
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Avance Technologies Cyclically Adjusted PS Ratio?

Avance Technologies BOM:512149 43 Cyclically Adjusted PS Ratio is 1.59 as of Aug. 25, 2026, which is 38% above its 10-year median of 1.15. GuruFocus rates BOM:512149 with a GF Score™ of 43/100 and a GF Value™ of ₹1.09 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,591 Software companies, Avance Technologies ranks better than 50.72% on this metric.

As of today (2026-08-25), Avance Technologies's current share price is ₹0.89. Avance Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹0.56. Avance Technologies's Cyclically Adjusted PS Ratio for today is 1.59.

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

BOM:512149' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.15   Max: 5.52
Current: 1.6

During the past years, Avance Technologies's highest Cyclically Adjusted PS Ratio was 5.52. The lowest was 0.03. And the median was 1.15.

BOM:512149's Cyclically Adjusted PS Ratio is ranked better than
50.72% of 1591 companies
in the Software industry
Industry Median: 1.67 vs BOM:512149: 1.60

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.

Avance Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.246. 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 ₹0.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avance Technologies  (BOM:512149) 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.


Avance Technologies Cyclically Adjusted PS Ratio Related Terms


Avance Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avance Technologies'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.

Avance Technologies Cyclically Adjusted PS Ratio Chart

Avance Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.07 1.67 1.06 1.67

Avance 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 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 1.54 5.07 3.40 1.67 1.65

BOM:512149 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Avance Technologies'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.


Avance Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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


BOM:512149
43GF Score
Avance Technologies Ltd BOM:512149
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avance Technologies 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.

Avance Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.89/0.56
=1.59

* 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.

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

For example, Avance Technologies'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)
=0.246/167.3573*167.3573
=0.246

Current CPI (Jun. 2026) = 167.3573.

Avance Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.104 102.518 0.170
201606 0.113 105.961 0.178
201609 0.204 105.961 0.322
201612 0.112 105.196 0.178
201703 0.107 105.196 0.170
201706 0.059 107.109 0.092
201803 0.053 109.786 0.081
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.002 115.142 0.003
201903 0.015 118.202 0.021
201906 0.028 120.880 0.039
201909 -0.025 123.175 -0.034
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.024 135.847 0.030
202112 0.005 138.161 0.006
202203 0.029 138.822 0.035
202206 0.128 142.347 0.150
202209 0.007 144.661 0.008
202212 0.019 145.763 0.022
202303 0.003 146.865 0.003
202306 0.013 150.280 0.014
202309 0.086 151.492 0.095
202312 0.099 152.924 0.108
202403 0.541 153.035 0.592
202406 0.214 155.789 0.230
202409 0.223 157.882 0.236
202412 0.186 158.323 0.197
202503 0.244 157.552 0.259
202506 0.231 159.755 0.242
202509 0.209 162.289 0.216
202512 0.246 163.281 0.252
202603 0.149 164.272 0.152
202606 0.246 167.357 0.246

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 1.59 mean?
Avance Technologies (BOM:512149) has a Cyclically Adjusted PS Ratio of 1.59 as of Aug. 25, 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 Avance Technologies and its competitors. This is 38% above median its historical median of 1.15. Over the past decade, Avance Technologies' Cyclically Adjusted PS Ratio has ranged from 0.03 to 5.52. According to the industry distribution chart, Avance Technologies ranks #784 out of 1591 companies in the Software industry, placing it in the top 49.3%.
Is Avance Technologies' Cyclically Adjusted PS Ratio too high?
Avance Technologies' current Cyclically Adjusted PS Ratio of 1.59 is 38% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 5.52. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Avance Technologies' value of 1.59 is 4.8% below this industry median. Based on the distribution chart, Avance Technologies ranks #784 out of 1591 companies in the Software industry, which is above the industry midpoint. Overall, Avance Technologies has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avance Technologies' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Avance Technologies ranks #784 out of 1591 companies for Cyclically Adjusted PS Ratio. This puts Avance Technologies in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Avance Technologies' value of 1.59 is 4.8% below this benchmark. Historically, Avance Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.03 to 5.52 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.67, Avance Technologies 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 1.67, based on 1,591 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. Avance Technologies's current Cyclically Adjusted PS Ratio of 1.59 is 4.8% 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 Avance Technologies and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avance Technologies's current Cyclically Adjusted PS Ratio is 1.59, which is 38% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Technologies stock overvalued right now?
Based on GuruFocus' analysis, Avance Technologies (BOM:512149) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.09, compared to a current price of ₹0.89 — trading 18.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.59, which is 38% above median its 10-year median of 1.15 and 4.8% below the Software industry median of 1.67. Avance Technologies' overall GF Score™ is 43/100 with 7 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 Avance Technologies (BOM:512149), the current Cyclically Adjusted PS Ratio is 1.59 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 Avance Technologies (BOM:512149) Overvalued in 2026?

Based on GuruFocus' analysis, Avance Technologies stock appears to be undervalued. The current stock price of ₹0.89 is trading 18.3% below its estimated GF Value™ of ₹1.09. GuruFocus considers Avance Technologies to be Modestly Undervalued.

Key valuation signals for BOM:512149:

  • Cyclically Adjusted PS Ratio: 1.59 (38% above median its 10-year median of 1.15)
  • GF Value™: ₹1.09 vs. price of ₹0.89 (18.3% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 4.8% below the Software median (#784 of 1591)

No single metric tells the full story. See the BOM:512149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avance Technologies Business Description

Other Exchanges AVANCE:India
Address MIDC, No. B-404, Technocity IT Park, Mahape, Navi Mumbai, MH, IND, 400705
Avance Technologies Ltd operates in software-related products. It offers technology solutions to help businesses optimize their digital ecosystems. The company's key services include: digital infrastructure solutions, embedded device management, hybrid infrastructure services, cloud integration and management, data center management and optimization, and IoT infrastructure management, among others. It caters to the technological needs of businesses across various sectors such as healthcare, finance, manufacturing, and hospitality.
43GF Score

Get the complete analysis for BOM:512149

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

₹0.89
Price
₹1.09
GF Value