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Cigniti Technologies (BOM:534758) Cyclically Adjusted PS Ratio : 3.27 (As of May. 31, 2025)


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What is Cigniti Technologies Cyclically Adjusted PS Ratio?

As of today (2025-05-31), Cigniti Technologies's current share price is ₹1587.55. Cigniti Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹485.30. Cigniti Technologies's Cyclically Adjusted PS Ratio for today is 3.27.

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

BOM:534758' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.06   Max: 4.03
Current: 3.18

During the past years, Cigniti Technologies's highest Cyclically Adjusted PS Ratio was 4.03. The lowest was 1.21. And the median was 2.06.

BOM:534758's Cyclically Adjusted PS Ratio is ranked worse than
61.76% of 1373 companies
in the Software industry
Industry Median: 2.12 vs BOM:534758: 3.18

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.

Cigniti Technologies's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹188.489. 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 ₹485.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cigniti Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cigniti 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.

* Premium members only.

Cigniti Technologies Cyclically Adjusted PS Ratio Chart

Cigniti Technologies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.40 2.02 2.96 3.01

Cigniti Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.96 3.05 2.99 3.64 3.01

Competitive Comparison of Cigniti Technologies's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Cigniti 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.


Cigniti Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Cigniti 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1587.55/485.30
=3.27

* 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.

Cigniti Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cigniti Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=188.489/157.5517*157.5517
=188.489

Current CPI (Mar. 2025) = 157.5517.

Cigniti Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 52.642 99.841 83.071
201509 59.065 101.753 91.454
201512 63.340 102.901 96.980
201603 63.266 102.518 97.228
201606 64.660 105.961 96.142
201609 62.778 105.961 93.344
201612 58.892 105.196 88.202
201703 48.317 105.196 72.364
201706 63.430 107.109 93.302
201709 61.876 109.021 89.420
201712 64.398 109.404 92.739
201803 65.323 109.786 93.743
201806 70.815 111.317 100.228
201809 73.618 115.142 100.733
201812 75.405 115.142 103.179
201903 74.195 118.202 98.895
201906 74.427 120.880 97.006
201909 76.900 123.175 98.362
201912 77.546 126.235 96.784
202003 83.477 124.705 105.464
202006 78.113 127.000 96.904
202009 79.017 130.118 95.677
202012 79.800 130.889 96.056
202103 83.258 131.771 99.548
202106 94.114 134.084 110.586
202109 109.456 135.847 126.944
202112 115.827 138.161 132.083
202203 122.533 138.822 139.065
202206 134.730 142.347 149.121
202209 152.704 144.661 166.311
202212 156.766 145.763 169.445
202303 155.404 146.865 166.712
202306 160.481 150.280 168.246
202309 165.034 151.492 171.635
202312 170.597 152.924 175.759
202403 165.935 153.035 170.833
202406 170.639 155.789 172.570
202409 181.690 157.882 181.310
202412 187.980 158.323 187.064
202503 188.489 157.552 188.489

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.


Cigniti Technologies  (BOM:534758) 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.


Cigniti Technologies Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Cigniti Technologies's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cigniti Technologies Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Panjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The Company has only one reportable business segment, which is rendering of Digital Assurance and Engineering (Software testing) Services. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing.

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