Xchanging Solutions (BOM:532616) Cyclically Adjusted PS Ratio: 2.87 (As of Sep. 02, 2026) — 33% Below Median

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BOM:532616 Xchanging Solutions Ltd BOM:532616
73 GF Score
Price ₹60.29
GF Value ₹110.39
Valuation Significantly Undervalued
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What is Xchanging Solutions Cyclically Adjusted PS Ratio?

Xchanging Solutions BOM:532616 -1.18% 73 Cyclically Adjusted PS Ratio is 2.87 as of Sep. 02, 2026, which is 33% below its 10-year median of 4.31. GuruFocus rates BOM:532616 with a GF Score™ of 73/100 and a GF Value™ of ₹110.39 (Significantly Undervalued). Among 1,579 Software companies, Xchanging Solutions ranks worse than 65.1% on this metric.

As of today (2026-09-02), Xchanging Solutions's current share price is ₹60.29. Xchanging Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹21.00. Xchanging Solutions's Cyclically Adjusted PS Ratio for today is 2.87.

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

BOM:532616' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.46   Med: 4.31   Max: 6.78
Current: 2.91

During the past years, Xchanging Solutions's highest Cyclically Adjusted PS Ratio was 6.78. The lowest was 2.46. And the median was 4.31.

BOM:532616's Cyclically Adjusted PS Ratio is ranked worse than
65.1% of 1579 companies
in the Software industry
Industry Median: 1.65 vs BOM:532616: 2.91

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.

Xchanging Solutions's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹4.825. 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 ₹21.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xchanging Solutions  (BOM:532616) 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.


Xchanging Solutions Cyclically Adjusted PS Ratio Related Terms


Xchanging Solutions Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Xchanging Solutions'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.

Xchanging Solutions Cyclically Adjusted PS Ratio Chart

Xchanging Solutions Annual Data
Trend Mar16 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 0.00 0.00 0.00 4.27 2.31

Xchanging Solutions 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 4.87 4.11 3.96 2.31 2.91

BOM:532616 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Xchanging Solutions'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.


Xchanging Solutions Cyclically Adjusted PS Ratio vs Software Industry

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

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


BOM:532616
73GF Score
Xchanging Solutions Ltd BOM:532616
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xchanging Solutions 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.

Xchanging Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.29/21.00
=2.87

* 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.

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

For example, Xchanging Solutions'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)
=4.825/167.3573*167.3573
=4.825

Current CPI (Jun. 2026) = 167.3573.

Xchanging Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 83.774 0.000
201312 0.000 91.425 0.000
201412 0.000 96.780 0.000
201512 0.000 102.901 0.000
201603 5.971 102.518 9.747
201703 5.536 105.196 8.807
201803 3.917 109.786 5.971
201806 3.888 111.317 5.845
201809 3.898 115.142 5.666
201812 4.422 115.142 6.427
201903 4.367 118.202 6.183
201906 3.949 120.880 5.467
201909 4.198 123.175 5.704
201912 4.133 126.235 5.479
202003 4.090 124.705 5.489
202006 4.598 127.000 6.059
202009 4.667 130.118 6.003
202012 4.028 130.889 5.150
202103 4.278 131.771 5.433
202106 3.999 134.084 4.991
202109 3.770 135.847 4.644
202112 3.806 138.161 4.610
202203 4.030 138.822 4.858
202206 3.932 142.347 4.623
202209 3.905 144.661 4.518
202212 3.706 145.763 4.255
202303 4.113 146.865 4.687
202306 3.993 150.280 4.447
202309 3.879 151.492 4.285
202312 3.840 152.924 4.202
202403 3.846 153.035 4.206
202406 3.938 155.789 4.230
202409 3.984 157.882 4.223
202412 4.097 158.323 4.331
202503 4.572 157.552 4.857
202506 4.502 159.755 4.716
202509 4.742 162.289 4.890
202512 4.371 163.281 4.480
202603 4.612 164.272 4.699
202606 4.825 167.357 4.825

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 2.87 mean?
Xchanging Solutions (BOM:532616) has a Cyclically Adjusted PS Ratio of 2.87 as of Sep. 02, 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 Xchanging Solutions and its competitors. This is 33% below median its historical median of 4.31. Over the past decade, Xchanging Solutions' Cyclically Adjusted PS Ratio has ranged from 2.46 to 6.78. According to the industry distribution chart, Xchanging Solutions ranks #1028 out of 1579 companies in the Software industry, placing it in the top 65.1%.
Is Xchanging Solutions' Cyclically Adjusted PS Ratio too high?
Xchanging Solutions' current Cyclically Adjusted PS Ratio of 2.87 is 33% below median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 6.78. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Xchanging Solutions' value of 2.87 is 73.9% above this industry median. Based on the distribution chart, Xchanging Solutions ranks #1028 out of 1579 companies in the Software industry, which is below the industry midpoint. Overall, Xchanging Solutions has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xchanging Solutions' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Xchanging Solutions ranks #1028 out of 1579 companies for Cyclically Adjusted PS Ratio. This places Xchanging Solutions in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Xchanging Solutions' value of 2.87 is 73.9% above this benchmark. Historically, Xchanging Solutions' own Cyclically Adjusted PS Ratio has ranged from 2.46 to 6.78 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 1.65, Xchanging Solutions 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. Xchanging Solutions's current Cyclically Adjusted PS Ratio of 2.87 is 73.9% 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 Xchanging Solutions 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. Xchanging Solutions's current Cyclically Adjusted PS Ratio is 2.87, which is 33% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xchanging Solutions stock overvalued right now?
Based on GuruFocus' analysis, Xchanging Solutions (BOM:532616) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹110.39, compared to a current price of ₹60.29 — trading 45.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.87, which is 33% below median its 10-year median of 4.31 and 73.9% above the Software industry median of 1.65. Xchanging Solutions' overall GF Score™ is 73/100. 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 Xchanging Solutions (BOM:532616), the current Cyclically Adjusted PS Ratio is 2.87 as of Sep. 02, 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 Xchanging Solutions (BOM:532616) Overvalued in 2026?

Based on GuruFocus' analysis, Xchanging Solutions stock appears to be undervalued. The current stock price of ₹60.29 is trading 45.4% below its estimated GF Value™ of ₹110.39. GuruFocus considers Xchanging Solutions to be Significantly Undervalued.

Key valuation signals for BOM:532616:

  • Cyclically Adjusted PS Ratio: 2.87 (33% below median its 10-year median of 4.31)
  • GF Value™: ₹110.39 vs. price of ₹60.29 (45.4% below fair value)
  • GF Score™: 73/100
  • Industry Position: 73.9% above the Software median (#1028 of 1579)

No single metric tells the full story. See the BOM:532616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xchanging Solutions Business Description

Other Exchanges XCHANGING:India
Address Hosur Main Road, HP Avenue, 39/40, Electronic City, Bengaluru, KA, IND, 560 100
Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.
73GF Score

Get the complete analysis for BOM:532616

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

₹60.29
Price
₹110.39
GF Value