Qualys (FRA:3L7A) Cyclically Adjusted PS Ratio: 14.27 (As of Aug. 13, 2026) — Near Median

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FRA:3L7A Qualys Inc FRA:3L7A
96 GF Score
Price €162.35
GF Value €143.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Qualys Cyclically Adjusted PS Ratio?

Qualys FRA:3L7A -0.49% 96 Cyclically Adjusted PS Ratio is 14.27 as of Aug. 13, 2026, which is 5% below its 10-year median of 15.09. GuruFocus rates FRA:3L7A with a GF Score™ of 96/100 and a GF Value™ of €143.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,603 Software companies, Qualys ranks worse than 94.14% on this metric.

As of today (2026-08-13), Qualys's current share price is €162.35. Qualys's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €11.38. Qualys's Cyclically Adjusted PS Ratio for today is 14.27.

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

FRA:3L7A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.03   Med: 15.09   Max: 22.97
Current: 14.26

During the past years, Qualys's highest Cyclically Adjusted PS Ratio was 22.97. The lowest was 6.03. And the median was 15.09.

FRA:3L7A's Cyclically Adjusted PS Ratio is ranked worse than
94.14% of 1603 companies
in the Software industry
Industry Median: 1.64 vs FRA:3L7A: 14.26

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.

Qualys's adjusted revenue per share data for the three months ended in Jun. 2026 was €4.514. 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 €11.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualys  (FRA:3L7A) 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.


Qualys Cyclically Adjusted PS Ratio Related Terms


Qualys Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qualys'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.

Qualys Cyclically Adjusted PS Ratio Chart

Qualys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.85 14.37 21.46 13.29 11.00

Qualys 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 12.54 11.22 11.00 6.95 10.47

FRA:3L7A vs ZETA, RELY, NTSK: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Qualys'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.


Qualys Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:3L7A
96GF Score
Qualys Inc FRA:3L7A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualys 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.

Qualys's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.35/11.38
=14.27

* 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.

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

For example, Qualys'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)
=4.514/333.9520*333.9520
=4.514

Current CPI (Jun. 2026) = 333.9520.

Qualys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.174 241.428 1.624
201612 1.274 241.432 1.762
201703 1.279 243.801 1.752
201706 1.245 244.955 1.697
201709 1.239 246.819 1.676
201712 1.282 246.524 1.737
201803 1.255 249.554 1.679
201806 1.382 251.989 1.832
201809 1.455 252.439 1.925
201812 1.581 251.233 2.102
201903 1.605 254.202 2.109
201906 1.682 256.143 2.193
201909 1.824 256.759 2.372
201912 1.868 256.974 2.428
202003 1.911 258.115 2.472
202006 1.928 257.797 2.498
202009 1.938 260.280 2.487
202012 1.927 260.474 2.471
202103 2.010 264.877 2.534
202106 2.065 271.696 2.538
202109 2.233 274.310 2.719
202112 2.427 278.802 2.907
202203 2.575 287.504 2.991
202206 2.858 296.311 3.221
202209 3.233 296.808 3.638
202212 3.211 296.797 3.613
202303 3.240 301.836 3.585
202306 3.383 305.109 3.703
202309 3.553 307.789 3.855
202312 3.502 306.746 3.813
202403 3.556 312.332 3.802
202406 3.688 314.175 3.920
202409 3.733 315.301 3.954
202412 4.099 315.605 4.337
202503 4.021 319.799 4.199
202506 3.895 322.561 4.033
202509 3.988 324.800 4.100
202512 4.133 324.054 4.259
202603 4.258 330.213 4.306
202606 4.514 333.952 4.514

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 14.27 mean?
Qualys (FRA:3L7A) has a Cyclically Adjusted PS Ratio of 14.27 as of Aug. 13, 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 Qualys and its competitors. This is near median its historical median of 15.09. Over the past decade, Qualys' Cyclically Adjusted PS Ratio has ranged from 6.03 to 22.97. According to the industry distribution chart, Qualys ranks #1509 out of 1603 companies in the Software industry, placing it in the top 94.1%.
Is Qualys' Cyclically Adjusted PS Ratio too high?
Qualys' current Cyclically Adjusted PS Ratio of 14.27 is near median its 10-year median of 15.09. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 22.97. The Software industry median Cyclically Adjusted PS Ratio is 1.64. Qualys' value of 14.27 is 770.1% above this industry median. Based on the distribution chart, Qualys ranks #1509 out of 1603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Qualys has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualys' Cyclically Adjusted PS Ratio compare to ZETA and RELY?
According to the Software industry distribution chart, Qualys ranks #1509 out of 1603 companies for Cyclically Adjusted PS Ratio. This places Qualys in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. Qualys' value of 14.27 is 770.1% above this benchmark. Historically, Qualys' own Cyclically Adjusted PS Ratio has ranged from 6.03 to 22.97 over the past decade. While the company's 10-year median is 15.09 vs. the industry median of 1.64, Qualys 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 1.64, based on 1,603 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. Qualys's current Cyclically Adjusted PS Ratio of 14.27 is 770.1% 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 Qualys and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualys's current Cyclically Adjusted PS Ratio is 14.27, which is near median its own 10-year median of 15.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualys stock overvalued right now?
Based on GuruFocus' analysis, Qualys (FRA:3L7A) is currently considered Modestly Overvalued. The stock's GF Value™ is €143.51, compared to a current price of €162.35 — trading 13.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.27, which is near median its 10-year median of 15.09 and 770.1% above the Software industry median of 1.64. Qualys' overall GF Score™ is 96/100 with 5 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 Qualys (FRA:3L7A), the current Cyclically Adjusted PS Ratio is 14.27 as of Aug. 13, 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 Qualys (FRA:3L7A) Overvalued in 2026?

Based on GuruFocus' analysis, Qualys stock appears to be overvalued. The current stock price of €162.35 is trading 13.1% above its estimated GF Value™ of €143.51. GuruFocus considers Qualys to be Modestly Overvalued.

Key valuation signals for FRA:3L7A:

  • Cyclically Adjusted PS Ratio: 14.27 (near median its 10-year median of 15.09)
  • GF Value™: €143.51 vs. price of €162.35 (13.1% above fair value)
  • GF Score™: 96/100 with 5 warning signs
  • Industry Position: 770.1% above the Software median (#1509 of 1603)

No single metric tells the full story. See the FRA:3L7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualys Business Description

Address 919 E Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-size businesses. Qualys was founded in 1999 and went public in 2012.
96GF Score

Get the complete analysis for FRA:3L7A

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

€162.35
Price
€143.51
GF Value