ASM Technologies (BOM:526433) Cyclically Adjusted PS Ratio: 24.16 (As of Sep. 03, 2026) — 588% Above Median

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BOM:526433 ASM Technologies Ltd BOM:526433
68 GF Score
Price ₹4,850.70
GF Value ₹3,331.54
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is ASM Technologies Cyclically Adjusted PS Ratio?

ASM Technologies BOM:526433 -0.25% 68 Cyclically Adjusted PS Ratio is 24.16 as of Sep. 03, 2026, which is 588% above its 10-year median of 3.51. GuruFocus rates BOM:526433 with a GF Score™ of 68/100 and a GF Value™ of ₹3,331.54 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,579 Software companies, ASM Technologies ranks worse than 97.85% on this metric.

As of today (2026-09-03), ASM Technologies's current share price is ₹4850.70. ASM Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹200.76. ASM Technologies's Cyclically Adjusted PS Ratio for today is 24.16.

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

BOM:526433' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 3.51   Max: 25.67
Current: 24.81

During the past years, ASM Technologies's highest Cyclically Adjusted PS Ratio was 25.67. The lowest was 0.43. And the median was 3.51.

BOM:526433's Cyclically Adjusted PS Ratio is ranked worse than
97.85% of 1579 companies
in the Software industry
Industry Median: 1.65 vs BOM:526433: 24.81

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.

ASM Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹136.306. 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 ₹200.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASM Technologies  (BOM:526433) 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.


ASM Technologies Cyclically Adjusted PS Ratio Related Terms


ASM Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ASM 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.

ASM Technologies Cyclically Adjusted PS Ratio Chart

ASM 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 3.48 2.32 5.47 7.67 13.03

ASM 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 15.63 22.70 18.35 13.03 20.21

BOM:526433 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, ASM 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.


ASM Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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


BOM:526433
68GF Score
ASM Technologies Ltd BOM:526433
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASM 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4850.70/200.76
=24.16

* 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.

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

For example, ASM 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)
=136.306/167.3573*167.3573
=136.306

Current CPI (Jun. 2026) = 167.3573.

ASM Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 18.506 105.961 29.229
201612 18.481 105.196 29.402
201703 19.750 105.196 31.420
201706 19.192 107.109 29.987
201709 19.944 109.021 30.616
201712 19.148 109.404 29.291
201803 18.097 109.786 27.587
201806 19.375 111.317 29.129
201809 20.788 115.142 30.215
201812 19.889 115.142 28.908
201903 21.302 118.202 30.161
201906 18.834 120.880 26.076
201909 21.432 123.175 29.120
201912 20.671 126.235 27.405
202003 24.119 124.705 32.368
202006 24.669 127.000 32.508
202009 29.045 130.118 37.358
202012 37.445 130.889 47.878
202103 37.925 131.771 48.167
202106 34.545 134.084 43.117
202109 44.097 135.847 54.325
202112 48.994 138.161 59.348
202203 54.712 138.822 65.958
202206 43.847 142.347 51.551
202209 63.416 144.661 73.365
202212 49.220 145.763 56.512
202303 47.214 146.865 53.802
202306 36.026 150.280 40.120
202309 45.805 151.492 50.602
202312 50.654 152.924 55.435
202403 37.873 153.035 41.418
202406 41.410 155.789 44.485
202409 48.360 157.882 51.262
202412 44.275 158.323 46.801
202503 97.254 157.552 103.307
202506 84.217 159.755 88.225
202509 105.766 162.289 109.069
202512 79.497 163.281 81.482
202603 92.559 164.272 94.297
202606 136.306 167.357 136.306

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 24.16 mean?
ASM Technologies (BOM:526433) has a Cyclically Adjusted PS Ratio of 24.16 as of Sep. 03, 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 ASM Technologies and its competitors. This is 588% above median its historical median of 3.51. Over the past decade, ASM Technologies' Cyclically Adjusted PS Ratio has ranged from 0.43 to 25.67. According to the industry distribution chart, ASM Technologies ranks #1545 out of 1579 companies in the Software industry, placing it in the top 97.8%.
Is ASM Technologies' Cyclically Adjusted PS Ratio too high?
ASM Technologies' current Cyclically Adjusted PS Ratio of 24.16 is 588% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 25.67. The Software industry median Cyclically Adjusted PS Ratio is 1.65. ASM Technologies' value of 24.16 is 1364.2% above this industry median. Based on the distribution chart, ASM Technologies ranks #1545 out of 1579 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, ASM Technologies has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASM Technologies' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, ASM Technologies ranks #1545 out of 1579 companies for Cyclically Adjusted PS Ratio. This places ASM Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. ASM Technologies' value of 24.16 is 1364.2% above this benchmark. Historically, ASM Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.43 to 25.67 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.65, ASM Technologies 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 PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.65, based on 1,579 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. ASM Technologies's current Cyclically Adjusted PS Ratio of 24.16 is 1364.2% 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 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 ASM Technologies and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASM Technologies's current Cyclically Adjusted PS Ratio is 24.16, which is 588% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASM Technologies stock overvalued right now?
Based on GuruFocus' analysis, ASM Technologies (BOM:526433) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,331.54, compared to a current price of ₹4,850.70 — trading 45.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 24.16, which is 588% above median its 10-year median of 3.51 and 1364.2% above the Software industry median of 1.65. ASM Technologies' overall GF Score™ is 68/100 with 5 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 ASM Technologies (BOM:526433), the current Cyclically Adjusted PS Ratio is 24.16 as of Sep. 03, 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 ASM Technologies (BOM:526433) Overvalued in 2026?

Based on GuruFocus' analysis, ASM Technologies stock appears to be overvalued. The current stock price of ₹4,850.70 is trading 45.6% above its estimated GF Value™ of ₹3,331.54. GuruFocus considers ASM Technologies to be Significantly Overvalued.

Key valuation signals for BOM:526433:

  • Cyclically Adjusted PS Ratio: 24.16 (588% above median its 10-year median of 3.51)
  • GF Value™: ₹3,331.54 vs. price of ₹4,850.70 (45.6% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 1364.2% above the Software median (#1545 of 1579)

No single metric tells the full story. See the BOM:526433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASM Technologies Business Description

Address Richmond Road, No. 80/2 Lusanne Court, Bangalore, KA, IND, 560 025
ASM Technologies Ltd is an information technology consulting and software services company. The company provides consulting and product development services in the areas of engineering services and product research and development (R&D) services. The company offers engineering services, including product design, reverse engineering, tool design, embedded software, technical publication, automation, test fixtures, sustenance engineering, and design and development. The company operates in many countries such as India, the United States, Japan, the United Kingdom, and Singapore.
68GF Score

Get the complete analysis for BOM:526433

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

₹4,850.70
Price
₹3,331.54
GF Value