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Varonis SystemsBSP:V2RN34 +0.41%49 Cyclically Adjusted PS Ratio is 13.05 as of Sep. 08, 2026, which is 28% above its 10-year median of 10.18. GuruFocus rates BSP:V2RN34 with a GF Score™ of 49/100 and a GF Value™ of R$48.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,580 Software companies, Varonis Systems ranks worse than 90.82% on this metric.
The historical rank and industry rank for Varonis Systems's Cyclically Adjusted PS Ratio or its related term are showing as below:
BSP:V2RN34'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.59 Med: 10.18 Max: 15.98
Current: 10.17
During the past years, Varonis Systems's highest Cyclically Adjusted PS Ratio was 15.98. The lowest was 4.59. And the median was 10.18.
BSP:V2RN34's Cyclically Adjusted PS Ratio is ranked worse than 90.82% of 1580
companies
in the Software industry
Industry Median: 1.675
vs BSP:V2RN34: 10.17
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.
Varonis Systems's adjusted revenue per share data for the three months ended in Jun. 2026 was R$8.034. 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 R$3.03 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Varonis Systems (BSP:V2RN34) 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.
Varonis Systems Cyclically Adjusted PS Ratio Related Terms
Varonis Systems Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Varonis Systems'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.
Varonis Systems Cyclically Adjusted PS Ratio Chart
BSP:V2RN34 vs BLSH, BOX, CORZ: Cyclically Adjusted PS Ratio Comparison
For the Software - Infrastructure subindustry, Varonis Systems'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.
Varonis Systems Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, Varonis Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Varonis Systems's Cyclically Adjusted PS Ratio falls into.
Varonis Systems 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.
Varonis Systems's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 13.05 mean?
Varonis Systems (BSP:V2RN34) has a Cyclically Adjusted PS Ratio of 13.05 as of Sep. 08, 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 Varonis Systems and its competitors. This is 28% above median its historical median of 10.18. Over the past decade, Varonis Systems' Cyclically Adjusted PS Ratio has ranged from 4.59 to 15.98. According to the industry distribution chart, Varonis Systems ranks #1435 out of 1580 companies in the Software industry, placing it in the top 90.8%.
Is Varonis Systems' Cyclically Adjusted PS Ratio too high?
Varonis Systems' current Cyclically Adjusted PS Ratio of 13.05 is 28% above median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 15.98. The Software industry median Cyclically Adjusted PS Ratio is 1.68. Varonis Systems' value of 13.05 is 679.1% above this industry median. Based on the distribution chart, Varonis Systems ranks #1435 out of 1580 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Varonis Systems has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' Cyclically Adjusted PS Ratio compare to BLSH and BOX?
According to the Software industry distribution chart, Varonis Systems ranks #1435 out of 1580 companies for Cyclically Adjusted PS Ratio. This places Varonis Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.68. Varonis Systems' value of 13.05 is 679.1% above this benchmark. Historically, Varonis Systems' own Cyclically Adjusted PS Ratio has ranged from 4.59 to 15.98 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 1.68, Varonis Systems 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 1.68, 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. Varonis Systems's current Cyclically Adjusted PS Ratio of 13.05 is 679.1% 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 Varonis Systems and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current Cyclically Adjusted PS Ratio is 13.05, which is 28% above median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varonis Systems stock overvalued right now?
Based on GuruFocus' analysis, Varonis Systems (BSP:V2RN34) is currently considered Fairly Valued. The stock's GF Value™ is R$48.23, compared to a current price of R$39.55 — trading 18% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.05, which is 28% above median its 10-year median of 10.18 and 679.1% above the Software industry median of 1.68. Varonis Systems' overall GF Score™ is 49/100 with 3 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 Varonis Systems (BSP:V2RN34), the current Cyclically Adjusted PS Ratio is 13.05 as of Sep. 08, 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 Varonis Systems (BSP:V2RN34) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of R$39.55 is trading 18% below its estimated GF Value™ of R$48.23.
GuruFocus considers Varonis Systems to be Fairly Valued.
Key valuation signals for BSP:V2RN34:
Cyclically Adjusted PS Ratio: 13.05 (28% above median its 10-year median of 10.18)
GF Value™: R$48.23 vs. price of R$39.55 (18% below fair value)
Industry Position: 679.1% above the Software median (#1435 of 1580)
No single metric tells the full story. See the BSP:V2RN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
49GF Score
Get the complete analysis for BSP:V2RN34
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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