Mahaveer Infoway (BOM:539383) Cyclically Adjusted PS Ratio: (As of Sep. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539383 Mahaveer Infoway Ltd BOM:539383
49 GF Score
Price ₹10.50
GF Value ₹4.46
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mahaveer Infoway Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahaveer Infoway  (BOM:539383) 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.


Mahaveer Infoway Cyclically Adjusted PS Ratio Related Terms


Mahaveer Infoway Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mahaveer Infoway'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.

Mahaveer Infoway Cyclically Adjusted PS Ratio Chart

Mahaveer Infoway 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 0.08 0.08 0.21 0.38 0.69

Mahaveer Infoway 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 0.50 0.82 0.73 0.69 0.00

BOM:539383 vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Mahaveer Infoway'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.


Mahaveer Infoway Cyclically Adjusted PS Ratio vs Software Industry

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

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


BOM:539383
49GF Score
Mahaveer Infoway Ltd BOM:539383
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahaveer Infoway 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.

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

For example, Mahaveer Infoway'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Mahaveer Infoway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.805 105.961 9.169
201612 4.620 105.196 7.350
201703 5.900 105.196 9.386
201706 4.876 107.109 7.619
201709 3.643 109.021 5.592
201712 6.894 109.404 10.546
201803 9.884 109.786 15.067
201806 11.235 111.317 16.891
201809 23.967 115.142 34.836
201812 15.474 115.142 22.491
201903 -47.197 118.202 -66.824
201906 0.634 120.880 0.878
201909 0.386 123.175 0.524
201912 2.718 126.235 3.603
202003 0.142 124.705 0.191
202006 0.037 127.000 0.049
202009 0.386 130.118 0.496
202012 1.292 130.889 1.652
202103 0.568 131.771 0.721
202106 0.882 134.084 1.101
202109 1.354 135.847 1.668
202112 1.252 138.161 1.517
202203 2.093 138.822 2.523
202206 1.635 142.347 1.922
202209 1.456 144.661 1.684
202212 2.056 145.763 2.361
202303 2.412 146.865 2.749
202306 2.902 150.280 3.232
202309 2.992 151.492 3.305
202312 2.875 152.924 3.146
202403 1.051 153.035 1.149
202406 1.416 155.789 1.521
202409 1.874 157.882 1.986
202412 1.162 158.323 1.228
202503 0.453 157.552 0.481
202506 1.351 159.755 1.415
202509 1.232 162.289 1.270
202512 1.297 163.281 1.329
202603 0.919 164.272 0.936
202606 0.000 167.357 0.000

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.

Is Mahaveer Infoway (BOM:539383) Overvalued in 2026?

Based on GuruFocus' analysis, Mahaveer Infoway stock appears to be overvalued. The current stock price of ₹10.50 is trading 135.4% above its estimated GF Value™ of ₹4.46. GuruFocus considers Mahaveer Infoway to be Significantly Overvalued.

Key valuation signals for BOM:539383:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹4.46 vs. price of ₹10.50 (135.4% above fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BOM:539383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahaveer Infoway Business Description

Address 7-1-24/2/C, 301/A, Dhansi Surabhi Complex, Greenlands, Ameerpet, Hyderabad, TG, IND, 500016
Mahaveer Infoway Ltd is a provider of Technology-oriented solutions and has business operations in the fields of Software Development, IT Consulting, Networking Solutions, Software Testing, and Offshore Staffing. The company also offers consulting and information technology (IT) services. It provides a range of services, including software development, Cloud Services in partnership with Amazon, Product and Application testing, packaged software integration, system maintenance, and engineering design services. Its software products segment engages in the product development and creation of propriety software. It generates the majority of its revenue from the sale of trading goods and software development and related services.
49GF Score

Get the complete analysis for BOM:539383

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

₹10.50
Price
₹4.46
GF Value