Infotel (FRA:3NH) Cyclically Adjusted PS Ratio: 0.96 (As of Jul. 18, 2026) — 39% Below Median

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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
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.

FRA:3NH Infotel SA FRA:3NH
87 GF Score
Price €39.10
GF Value €44.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Infotel Cyclically Adjusted PS Ratio?

Infotel FRA:3NH -0.51% 87 Cyclically Adjusted PS Ratio is 0.96 as of Jul. 18, 2026, which is 39% below its 10-year median of 1.57. GuruFocus rates FRA:3NH with a GF Score™ of 87/100 and a GF Value™ of €44.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,590 Software companies, Infotel ranks better than 65.28% on this metric.

As of today (2026-07-18), Infotel's current share price is €39.10. Infotel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €40.53. Infotel's Cyclically Adjusted PS Ratio for today is 0.96.

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

FRA:3NH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.57   Max: 2.64
Current: 0.96

During the past 13 years, Infotel's highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 0.83. And the median was 1.57.

FRA:3NH's Cyclically Adjusted PS Ratio is ranked better than
65.28% of 1590 companies
in the Software industry
Industry Median: 1.665 vs FRA:3NH: 0.96

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.

Infotel's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €42.800. 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 €40.53 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infotel  (FRA:3NH) 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.


Infotel Cyclically Adjusted PS Ratio Related Terms


Infotel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Infotel'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.

Infotel Cyclically Adjusted PS Ratio Chart

Infotel 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 1.81 1.58 1.39 1.08 1.02

Infotel Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.39 0.00 1.08 0.00 1.02

FRA:3NH vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Infotel'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.


Infotel Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:3NH
87GF Score
Infotel SA FRA:3NH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infotel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.10/40.53
=0.96

* 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.

Infotel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Infotel's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=42.8/120.9000*120.9000
=42.800

Current CPI (Dec25) = 120.9000.

Infotel Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 28.636 100.650 34.397
201712 31.457 101.850 37.341
201812 34.821 103.470 40.687
201912 36.897 104.980 42.492
202012 34.151 104.960 39.337
202112 38.246 107.850 42.874
202212 43.621 114.160 46.196
202312 44.411 118.390 45.353
202412 42.269 119.950 42.604
202512 42.800 120.900 42.800

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 0.96 mean?
Infotel (FRA:3NH) has a Cyclically Adjusted PS Ratio of 0.96 as of Jul. 18, 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 Infotel and its competitors. This is 39% below median its historical median of 1.57. Over the past decade, Infotel's Cyclically Adjusted PS Ratio has ranged from 0.83 to 2.64. According to the industry distribution chart, Infotel ranks #552 out of 1590 companies in the Software industry, placing it in the top 34.7%.
Is Infotel's Cyclically Adjusted PS Ratio too high?
Infotel's current Cyclically Adjusted PS Ratio of 0.96 is 39% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.64. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Infotel's value of 0.96 is 42.3% below this industry median. Based on the distribution chart, Infotel ranks #552 out of 1590 companies in the Software industry, which is above the industry midpoint. Overall, Infotel has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Infotel's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Infotel ranks #552 out of 1590 companies for Cyclically Adjusted PS Ratio. This puts Infotel in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Infotel's value of 0.96 is 42.3% below this benchmark. Historically, Infotel's own Cyclically Adjusted PS Ratio has ranged from 0.83 to 2.64 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.67, Infotel 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 1.67, based on 1,590 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. Infotel's current Cyclically Adjusted PS Ratio of 0.96 is 42.3% 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 Infotel and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infotel's current Cyclically Adjusted PS Ratio is 0.96, which is 39% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infotel stock overvalued right now?
Based on GuruFocus' analysis, Infotel (FRA:3NH) is currently considered Modestly Undervalued. The stock's GF Value™ is €44.52, compared to a current price of €39.10 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.96, which is 39% below median its 10-year median of 1.57 and 42.3% below the Software industry median of 1.67. Infotel's overall GF Score™ is 87/100 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 Infotel (FRA:3NH), the current Cyclically Adjusted PS Ratio is 0.96 as of Jul. 18, 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 Infotel (FRA:3NH) Overvalued in 2026?

Based on GuruFocus' analysis, Infotel stock appears to be undervalued. The current stock price of €39.10 is trading 12.2% below its estimated GF Value™ of €44.52. GuruFocus considers Infotel to be Modestly Undervalued.

Key valuation signals for FRA:3NH:

  • Cyclically Adjusted PS Ratio: 0.96 (39% below median its 10-year median of 1.57)
  • GF Value™: €44.52 vs. price of €39.10 (12.2% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 42.3% below the Software median (#552 of 1590)

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


Infotel Business Description

Other Exchanges 0OQQ:UKINF:France
Address Le Valmy 4/16 avenue Leon Gaumont, Paris, FRA, 75020
Infotel SA is an IT service and software publisher. Its services include service desks, functional expertise, technical expertise, archiving, consulting, and mobility services. The firm publishes software for system optimization and dematerialization. Its software range includes software for archiving, database, quality and performance. It functions through the Software and Services segment, deriving the majority of its revenues from the Services segment. Infotel operates in France, Europe and the United States.
87GF Score

Get the complete analysis for FRA:3NH

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

€39.10
Price
€44.52
GF Value