NETSOL Technologies (FRA:NS9B) Cyclically Adjusted PS Ratio: 0.62 (As of Aug. 29, 2026) — 11% Above Median

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FRA:NS9B NETSOL Technologies Inc FRA:NS9B
69 GF Score
Price €3.42
GF Value €2.62
! 5 Warning Signs
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What is NETSOL Technologies Cyclically Adjusted PS Ratio?

NETSOL Technologies FRA:NS9B 69 Cyclically Adjusted PS Ratio is 0.62 as of Aug. 29, 2026, which is 11% above its 10-year median of 0.56. GuruFocus rates FRA:NS9B with a GF Score™ of 69/100 and a GF Value™ of €2.62. The stock has 5 warning signs investors should review. Among 1,586 Software companies, NETSOL Technologies ranks better than 76.04% on this metric.

As of today (2026-08-29), NETSOL Technologies's current share price is €3.42. NETSOL Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.50. NETSOL Technologies's Cyclically Adjusted PS Ratio for today is 0.62.

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

FRA:NS9B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.56   Max: 1.38
Current: 0.64

During the past years, NETSOL Technologies's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.28. And the median was 0.56.

FRA:NS9B's Cyclically Adjusted PS Ratio is ranked better than
76.04% of 1586 companies
in the Software industry
Industry Median: 1.65 vs FRA:NS9B: 0.64

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.

NETSOL Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.449. 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 €5.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NETSOL Technologies  (FRA:NS9B) 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.


NETSOL Technologies Cyclically Adjusted PS Ratio Related Terms


NETSOL Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NETSOL Technologies'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.

NETSOL Technologies Cyclically Adjusted PS Ratio Chart

NETSOL Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.50 0.38 0.40 0.48

NETSOL Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.38 0.48 0.74 0.47 0.52

FRA:NS9B vs ATHR, NXTT, INVU: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, NETSOL Technologies'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.


NETSOL Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:NS9B
69GF Score
NETSOL Technologies Inc FRA:NS9B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NETSOL Technologies 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.

NETSOL Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.42/5.50
=0.62

* 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.

NETSOL Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NETSOL Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.449/330.2130*330.2130
=1.449

Current CPI (Mar. 2026) = 330.2130.

NETSOL Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.590 241.018 2.178
201609 1.422 241.428 1.945
201612 1.382 241.432 1.890
201703 1.509 243.801 2.044
201706 1.161 244.955 1.565
201709 0.969 246.819 1.296
201712 1.093 246.524 1.464
201803 1.227 249.554 1.624
201806 1.244 251.989 1.630
201809 1.221 252.439 1.597
201812 1.289 251.233 1.694
201903 1.296 254.202 1.684
201906 1.313 256.143 1.693
201909 1.056 256.759 1.358
201912 1.204 256.974 1.547
202003 1.042 258.115 1.333
202006 1.005 257.797 1.287
202009 0.911 260.280 1.156
202012 0.931 260.474 1.180
202103 1.021 264.877 1.273
202106 1.130 271.696 1.373
202109 1.014 274.310 1.221
202112 1.218 278.802 1.443
202203 1.195 287.504 1.373
202206 1.139 296.311 1.269
202209 1.140 296.808 1.268
202212 1.038 296.797 1.155
202303 1.118 301.836 1.223
202306 1.126 305.109 1.219
202309 1.176 307.789 1.262
202312 1.229 306.746 1.323
202403 1.245 312.332 1.316
202406 1.333 314.175 1.401
202409 1.145 315.301 1.199
202412 1.292 315.605 1.352
202503 1.389 319.799 1.434
202506 1.363 322.561 1.395
202509 1.087 324.800 1.105
202512 1.360 324.054 1.386
202603 1.449 330.213 1.449

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 0.62 mean?
NETSOL Technologies (FRA:NS9B) has a Cyclically Adjusted PS Ratio of 0.62 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 NETSOL Technologies and its competitors. This is 11% above median its historical median of 0.56. Over the past decade, NETSOL Technologies' Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.38. According to the industry distribution chart, NETSOL Technologies ranks #380 out of 1586 companies in the Software industry, placing it in the top 24%.
Is NETSOL Technologies' Cyclically Adjusted PS Ratio too high?
NETSOL Technologies' current Cyclically Adjusted PS Ratio of 0.62 is 11% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.38. The Software industry median Cyclically Adjusted PS Ratio is 1.65. NETSOL Technologies' value of 0.62 is 62.4% below this industry median. Based on the distribution chart, NETSOL Technologies ranks #380 out of 1586 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NETSOL Technologies has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does NETSOL Technologies' Cyclically Adjusted PS Ratio compare to ATHR and NXTT?
According to the Software industry distribution chart, NETSOL Technologies ranks #380 out of 1586 companies for Cyclically Adjusted PS Ratio. This places NETSOL Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.65. NETSOL Technologies' value of 0.62 is 62.4% below this benchmark. Historically, NETSOL Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.38 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.65, NETSOL Technologies 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. NETSOL Technologies's current Cyclically Adjusted PS Ratio of 0.62 is 62.4% 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 NETSOL Technologies 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. NETSOL Technologies's current Cyclically Adjusted PS Ratio is 0.62, which is 11% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NETSOL Technologies stock overvalued right now?
NETSOL Technologies (FRA:NS9B) has a current Cyclically Adjusted PS Ratio of 0.62. The stock's GF Value™ is €2.62, compared to a current price of €3.42 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 11% above median its 10-year median of 0.56 and 62.4% below the Software industry median of 1.65. NETSOL Technologies' overall GF Score™ is 69/100 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 NETSOL Technologies (FRA:NS9B), the current Cyclically Adjusted PS Ratio is 0.62 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 NETSOL Technologies (FRA:NS9B) Overvalued in 2026?

Based on GuruFocus' analysis, NETSOL Technologies stock appears to be overvalued. The current stock price of €3.42 is trading 30.5% above its estimated GF Value™ of €2.62.

Key valuation signals for FRA:NS9B:

  • Cyclically Adjusted PS Ratio: 0.62 (11% above median its 10-year median of 0.56)
  • GF Value™: €2.62 vs. price of €3.42 (30.5% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 62.4% below the Software median (#380 of 1586)

No single metric tells the full story. See the FRA:NS9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NETSOL Technologies Business Description

Other Exchanges NTWK:USA
Address 16000 Ventura Boulevard, Suite 770, Encino, CA, USA, 91436
NETSOL Technologies Inc is an information technology and enterprise software solutions provider to original equipment manufacturers (OEMs), dealerships, and financial institutions to sell, finance, and lease assets. The firm's products include Transcend Retail, Transcend Finance, Transcend Marketplace, Transcend Consultancy, and Transcend AI Labs, catering to its customers in the different stages of how assets are sold, financed, and leased. Its primary sources of revenue are licensing, subscriptions, modification, enhancement, and support of its suite of financial applications offered to businesses in the finance and leasing space, as well as automotive digital retail. The company has three reportable segments: Asia-Pacific, its key revenue-generating market, North America, and Europe.
69GF Score

Get the complete analysis for FRA:NS9B

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

€3.42
Price
€2.62
GF Value