Variman Global Enterprises (BOM:540570) Cyclically Adjusted PS Ratio: 0.87 (As of Aug. 29, 2026) — 80% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:540570 Variman Global Enterprises Ltd BOM:540570
61 GF Score
Price ₹4.24
GF Value ₹13.87
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Variman Global Enterprises Cyclically Adjusted PS Ratio?

Variman Global Enterprises BOM:540570 +4.95% 61 Cyclically Adjusted PS Ratio is 0.87 as of Aug. 29, 2026, which is 80% below its 10-year median of 4.26. GuruFocus rates BOM:540570 with a GF Score™ of 61/100 and a GF Value™ of ₹13.87 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,586 Software companies, Variman Global Enterprises ranks better than 66.08% on this metric.

As of today (2026-08-29), Variman Global Enterprises's current share price is ₹4.24. Variman Global Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹4.86. Variman Global Enterprises's Cyclically Adjusted PS Ratio for today is 0.87.

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

BOM:540570' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 4.26   Max: 9.49
Current: 0.87

During the past years, Variman Global Enterprises's highest Cyclically Adjusted PS Ratio was 9.49. The lowest was 0.65. And the median was 4.26.

BOM:540570's Cyclically Adjusted PS Ratio is ranked better than
66.08% of 1586 companies
in the Software industry
Industry Median: 1.65 vs BOM:540570: 0.87

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.

Variman Global Enterprises's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1.217. 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 ₹4.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Variman Global Enterprises  (BOM:540570) 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.


Variman Global Enterprises Cyclically Adjusted PS Ratio Related Terms


Variman Global Enterprises Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Variman Global Enterprises'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.

Variman Global Enterprises Cyclically Adjusted PS Ratio Chart

Variman Global Enterprises 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 8.13 4.60 7.30 2.33 0.59

Variman Global Enterprises 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 4.14 2.41 1.50 0.59 0.80

BOM:540570 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Variman Global Enterprises'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.


Variman Global Enterprises Cyclically Adjusted PS Ratio vs Software Industry

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

* The bar in red indicates where Variman Global Enterprises's Cyclically Adjusted PS Ratio falls into.


BOM:540570
61GF Score
Variman Global Enterprises Ltd BOM:540570
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Variman Global Enterprises 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.

Variman Global Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.24/4.86
=0.87

* 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.

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

For example, Variman Global Enterprises'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)
=1.217/167.3573*167.3573
=1.217

Current CPI (Jun. 2026) = 167.3573.

Variman Global Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.100 105.961 0.158
201612 0.098 105.196 0.156
201703 0.058 105.196 0.092
201706 0.000 107.109 0.000
201709 0.010 109.021 0.015
201712 0.052 109.404 0.080
201803 0.055 109.786 0.084
201806 0.476 111.317 0.716
201809 0.922 115.142 1.340
201812 0.644 115.142 0.936
201903 1.281 118.202 1.814
201906 1.058 120.880 1.465
201909 0.860 123.175 1.168
201912 0.843 126.235 1.118
202003 0.820 124.705 1.100
202006 0.594 127.000 0.783
202009 0.822 130.118 1.057
202012 0.845 130.889 1.080
202103 1.232 131.771 1.565
202106 1.058 134.084 1.321
202109 0.268 135.847 0.330
202112 1.825 138.161 2.211
202203 1.304 138.822 1.572
202206 2.173 142.347 2.555
202209 1.738 144.661 2.011
202212 1.121 145.763 1.287
202303 1.132 146.865 1.290
202306 1.231 150.280 1.371
202309 1.756 151.492 1.940
202312 1.429 152.924 1.564
202403 1.012 153.035 1.107
202406 1.433 155.789 1.539
202409 1.657 157.882 1.756
202412 1.483 158.323 1.568
202503 1.105 157.552 1.174
202506 1.648 159.755 1.726
202509 1.151 162.289 1.187
202512 1.632 163.281 1.673
202603 2.201 164.272 2.242
202606 1.217 167.357 1.217

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 0.87 mean?
Variman Global Enterprises (BOM:540570) has a Cyclically Adjusted PS Ratio of 0.87 as of Aug. 29, 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 Variman Global Enterprises and its competitors. This is 80% below median its historical median of 4.26. Over the past decade, Variman Global Enterprises' Cyclically Adjusted PS Ratio has ranged from 0.65 to 9.49. According to the industry distribution chart, Variman Global Enterprises ranks #538 out of 1586 companies in the Software industry, placing it in the top 33.9%.
Is Variman Global Enterprises' Cyclically Adjusted PS Ratio too high?
Variman Global Enterprises' current Cyclically Adjusted PS Ratio of 0.87 is 80% below median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 9.49. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Variman Global Enterprises' value of 0.87 is 47.3% below this industry median. Based on the distribution chart, Variman Global Enterprises ranks #538 out of 1586 companies in the Software industry, which is above the industry midpoint. Overall, Variman Global Enterprises has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Variman Global Enterprises' Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Variman Global Enterprises ranks #538 out of 1586 companies for Cyclically Adjusted PS Ratio. This puts Variman Global Enterprises in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Variman Global Enterprises' value of 0.87 is 47.3% below this benchmark. Historically, Variman Global Enterprises' own Cyclically Adjusted PS Ratio has ranged from 0.65 to 9.49 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 1.65, Variman Global Enterprises 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 1.65, based on 1,586 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. Variman Global Enterprises's current Cyclically Adjusted PS Ratio of 0.87 is 47.3% 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 Variman Global Enterprises 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. Variman Global Enterprises's current Cyclically Adjusted PS Ratio is 0.87, which is 80% below median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Variman Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Variman Global Enterprises (BOM:540570) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹13.87, compared to a current price of ₹4.24 — trading 69.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.87, which is 80% below median its 10-year median of 4.26 and 47.3% below the Software industry median of 1.65. Variman Global Enterprises' overall GF Score™ is 61/100 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 Variman Global Enterprises (BOM:540570), the current Cyclically Adjusted PS Ratio is 0.87 as of Aug. 29, 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 Variman Global Enterprises (BOM:540570) Overvalued in 2026?

Based on GuruFocus' analysis, Variman Global Enterprises stock appears to be undervalued. The current stock price of ₹4.24 is trading 69.4% below its estimated GF Value™ of ₹13.87. GuruFocus considers Variman Global Enterprises to be Significantly Undervalued.

Key valuation signals for BOM:540570:

  • Cyclically Adjusted PS Ratio: 0.87 (80% below median its 10-year median of 4.26)
  • GF Value™: ₹13.87 vs. price of ₹4.24 (69.4% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 47.3% below the Software median (#538 of 1586)

No single metric tells the full story. See the BOM:540570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Variman Global Enterprises Business Description

Address Gagan Mahal, 3rd & 4th Floor, 1-2- 217/10, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility. The Company acts as a strategic link between vendors to partners and clients, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid size, Large Enterprises and Government Organizations across various industry verticals.
61GF Score

Get the complete analysis for BOM:540570

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

₹4.24
Price
₹13.87
GF Value