Sonata Software (BOM:532221) Cyclically Adjusted PS Ratio: 1.04 (As of Sep. 09, 2026) — 50% Below Median

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BOM:532221 Sonata Software Ltd BOM:532221
95 GF Score
Price ₹267.15
GF Value ₹485.36
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Sonata Software Cyclically Adjusted PS Ratio?

Sonata Software BOM:532221 -2.59% 95 Cyclically Adjusted PS Ratio is 1.04 as of Sep. 09, 2026, which is 50% below its 10-year median of 2.08. GuruFocus rates BOM:532221 with a GF Score™ of 95/100 and a GF Value™ of ₹485.36 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,580 Software companies, Sonata Software ranks better than 61.96% on this metric.

As of today (2026-09-09), Sonata Software's current share price is ₹267.15. Sonata Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹256.99. Sonata Software's Cyclically Adjusted PS Ratio for today is 1.04.

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

BOM:532221' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.08   Max: 4.94
Current: 1.11

During the past years, Sonata Software's highest Cyclically Adjusted PS Ratio was 4.94. The lowest was 0.63. And the median was 2.08.

BOM:532221's Cyclically Adjusted PS Ratio is ranked better than
61.96% of 1580 companies
in the Software industry
Industry Median: 1.655 vs BOM:532221: 1.11

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.

Sonata Software's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹118.595. 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 ₹256.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonata Software  (BOM:532221) 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.


Sonata Software Cyclically Adjusted PS Ratio Related Terms


Sonata Software Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sonata 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.

Sonata Software Cyclically Adjusted PS Ratio Chart

Sonata Software 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 2.27 2.84 4.12 1.67 0.86

Sonata 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 1.88 1.53 1.52 0.86 1.04

BOM:532221 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Sonata 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.


Sonata Software Cyclically Adjusted PS Ratio vs Software Industry

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

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


BOM:532221
95GF Score
Sonata Software Ltd BOM:532221
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonata 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.

Sonata Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=267.15/256.99
=1.04

* 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.

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

For example, Sonata 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)
=118.595/167.3573*167.3573
=118.595

Current CPI (Jun. 2026) = 167.3573.

Sonata Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.868 105.961 28.221
201612 20.484 105.196 32.588
201703 24.774 105.196 39.413
201706 22.874 107.109 35.741
201709 15.421 109.021 23.673
201712 27.692 109.404 42.361
201803 22.550 109.786 34.375
201806 24.849 111.317 37.359
201809 21.389 115.142 31.089
201812 30.428 115.142 44.227
201903 30.009 118.202 42.488
201906 31.551 120.880 43.682
201909 25.365 123.175 34.463
201912 44.634 126.235 59.174
202003 33.427 124.705 44.860
202006 34.343 127.000 45.256
202009 28.982 130.118 37.277
202012 50.419 130.889 64.467
202103 38.786 131.771 49.261
202106 45.744 134.084 57.095
202109 34.758 135.847 42.820
202112 66.962 138.161 81.113
202203 52.735 138.822 63.575
202206 64.215 142.347 75.497
202209 53.954 144.661 62.419
202212 81.470 145.763 93.540
202303 68.322 146.865 77.855
202306 72.486 150.280 80.723
202309 68.851 151.492 76.062
202312 89.666 152.924 98.129
202403 78.667 153.035 86.030
202406 90.923 155.789 97.675
202409 78.243 157.882 82.939
202412 102.331 158.323 108.170
202503 94.193 157.552 100.055
202506 106.848 159.755 111.932
202509 76.351 162.289 78.735
202512 110.991 163.281 113.762
202603 91.536 164.272 93.255
202606 118.595 167.357 118.595

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 1.04 mean?
Sonata Software (BOM:532221) has a Cyclically Adjusted PS Ratio of 1.04 as of Sep. 09, 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 Sonata Software and its competitors. This is 50% below median its historical median of 2.08. Over the past decade, Sonata Software's Cyclically Adjusted PS Ratio has ranged from 0.63 to 4.94. According to the industry distribution chart, Sonata Software ranks #601 out of 1580 companies in the Software industry, placing it in the top 38%.
Is Sonata Software's Cyclically Adjusted PS Ratio too high?
Sonata Software's current Cyclically Adjusted PS Ratio of 1.04 is 50% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 4.94. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Sonata Software's value of 1.04 is 37.2% below this industry median. Based on the distribution chart, Sonata Software ranks #601 out of 1580 companies in the Software industry, which is above the industry midpoint. Overall, Sonata Software has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonata Software's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Sonata Software ranks #601 out of 1580 companies for Cyclically Adjusted PS Ratio. This puts Sonata Software in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Sonata Software's value of 1.04 is 37.2% below this benchmark. Historically, Sonata Software's own Cyclically Adjusted PS Ratio has ranged from 0.63 to 4.94 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.66, Sonata Software 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 1,580 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. Sonata Software's current Cyclically Adjusted PS Ratio of 1.04 is 37.2% 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 Sonata Software 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. Sonata Software's current Cyclically Adjusted PS Ratio is 1.04, which is 50% below median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonata Software stock overvalued right now?
Based on GuruFocus' analysis, Sonata Software (BOM:532221) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹485.36, compared to a current price of ₹267.15 — trading 45% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.04, which is 50% below median its 10-year median of 2.08 and 37.2% below the Software industry median of 1.66. Sonata Software's overall GF Score™ is 95/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Sonata Software (BOM:532221), the current Cyclically Adjusted PS Ratio is 1.04 as of Sep. 09, 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 Sonata Software (BOM:532221) Overvalued in 2026?

Based on GuruFocus' analysis, Sonata Software stock appears to be undervalued. The current stock price of ₹267.15 is trading 45% below its estimated GF Value™ of ₹485.36. GuruFocus considers Sonata Software to be Significantly Undervalued.

Key valuation signals for BOM:532221:

  • Cyclically Adjusted PS Ratio: 1.04 (50% below median its 10-year median of 2.08)
  • GF Value™: ₹485.36 vs. price of ₹267.15 (45% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 37.2% below the Software median (#601 of 1580)

No single metric tells the full story. See the BOM:532221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonata Software Business Description

Other Exchanges SONATSOFTW:India
Address Mysore Road, Tower-A, Sonata Towers, RVCE Post, Global Village (Sattva Global City), Kengeri Hobli, Bengaluru, KA, IND, 560059
Sonata Software Ltd is a technology company. The company is engaged in the business of software development, technical services, and product marketing. The company's geographical segments include India and Other than India. It generates maximum revenue from India. The company serves ISVs (Independent Software Vendors); Travel and Tourism; Retail; BFSI; and other industries. Its solution portfolio includes SAP Modernization, Application Management, Managed Cloud Services, Technology Consulting, and other technology-related products and services.
95GF Score

Get the complete analysis for BOM:532221

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

₹267.15
Price
₹485.36
GF Value