Serviceware SE (FRA:SJJ) Cyclically Adjusted PS Ratio: 1.72 (As of Aug. 13, 2026) — Near Median

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FRA:SJJ Serviceware SE FRA:SJJ
73 GF Score
Price €14.40
GF Value €19.04
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Serviceware SE Cyclically Adjusted PS Ratio?

Serviceware SE FRA:SJJ -1.37% 73 Cyclically Adjusted PS Ratio is 1.72 as of Aug. 13, 2026, which is 9% below its 10-year median of 1.89. GuruFocus rates FRA:SJJ with a GF Score™ of 73/100 and a GF Value™ of €19.04 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,603 Software companies, Serviceware SE ranks worse than 50.78% on this metric.

As of today (2026-08-13), Serviceware SE's current share price is €14.40. Serviceware SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 was €8.38. Serviceware SE's Cyclically Adjusted PS Ratio for today is 1.72.

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

FRA:SJJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.89   Max: 2.22
Current: 1.73

During the past 11 years, Serviceware SE's highest Cyclically Adjusted PS Ratio was 2.22. The lowest was 1.41. And the median was 1.89.

FRA:SJJ's Cyclically Adjusted PS Ratio is ranked worse than
50.78% of 1603 companies
in the Software industry
Industry Median: 1.64 vs FRA:SJJ: 1.73

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.

Serviceware SE's adjusted revenue per share data of for the fiscal year that ended in Nov25 was €10.984. 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 €8.38 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Serviceware SE  (FRA:SJJ) 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.


Serviceware SE Cyclically Adjusted PS Ratio Related Terms


Serviceware SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Serviceware SE'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.

Serviceware SE Cyclically Adjusted PS Ratio Chart

Serviceware SE Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.63 1.91

Serviceware SE Quarterly Data
May21 Aug21 Nov21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 1.91 0.00 0.00

FRA:SJJ vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Serviceware SE'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.


Serviceware SE Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:SJJ
73GF Score
Serviceware SE FRA:SJJ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serviceware SE 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.

Serviceware SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.40/8.38
=1.72

* 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.

Serviceware SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Serviceware SE's adjusted Revenue per Share data for the fiscal year that ended in Nov25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=10.984/129.3606*129.3606
=10.984

Current CPI (Nov25) = 129.3606.

Serviceware SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201611 3.702 100.517 4.764
201711 4.327 102.117 5.481
201811 7.596 104.217 9.429
201911 6.340 105.318 7.787
202011 6.899 105.018 8.498
202111 7.741 110.173 9.089
202211 7.922 119.872 8.549
202311 8.717 123.668 9.118
202411 9.837 126.409 10.067
202511 10.984 129.361 10.984

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 1.72 mean?
Serviceware SE (FRA:SJJ) has a Cyclically Adjusted PS Ratio of 1.72 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 Serviceware SE and its competitors. This is near median its historical median of 1.89. Over the past decade, Serviceware SE's Cyclically Adjusted PS Ratio has ranged from 1.41 to 2.22. According to the industry distribution chart, Serviceware SE ranks #814 out of 1603 companies in the Software industry, placing it in the top 50.8%.
Is Serviceware SE's Cyclically Adjusted PS Ratio too high?
Serviceware SE's current Cyclically Adjusted PS Ratio of 1.72 is near median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.22. The Software industry median Cyclically Adjusted PS Ratio is 1.64. Serviceware SE's value of 1.72 is 4.9% above this industry median. Based on the distribution chart, Serviceware SE ranks #814 out of 1603 companies in the Software industry, which is below the industry midpoint. Overall, Serviceware SE has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Serviceware SE's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Serviceware SE ranks #814 out of 1603 companies for Cyclically Adjusted PS Ratio. This places Serviceware SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. Serviceware SE's value of 1.72 is 4.9% above this benchmark. Historically, Serviceware SE's own Cyclically Adjusted PS Ratio has ranged from 1.41 to 2.22 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.64, Serviceware SE 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. Serviceware SE's current Cyclically Adjusted PS Ratio of 1.72 is 4.9% 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 Serviceware SE 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. Serviceware SE's current Cyclically Adjusted PS Ratio is 1.72, which is near median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serviceware SE stock overvalued right now?
Based on GuruFocus' analysis, Serviceware SE (FRA:SJJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.04, compared to a current price of €14.40 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.72, which is near median its 10-year median of 1.89 and 4.9% above the Software industry median of 1.64. Serviceware SE's overall GF Score™ is 73/100 with 2 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 Serviceware SE (FRA:SJJ), the current Cyclically Adjusted PS Ratio is 1.72 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 Serviceware SE (FRA:SJJ) Overvalued in 2026?

Based on GuruFocus' analysis, Serviceware SE stock appears to be undervalued. The current stock price of €14.40 is trading 24.4% below its estimated GF Value™ of €19.04. GuruFocus considers Serviceware SE to be Modestly Undervalued.

Key valuation signals for FRA:SJJ:

  • Cyclically Adjusted PS Ratio: 1.72 (near median its 10-year median of 1.89)
  • GF Value™: €19.04 vs. price of €14.40 (24.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 4.9% above the Software median (#814 of 1603)

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


Serviceware SE Business Description

Other Exchanges SJJ:GermanySJJ:Austria
Address Serviceware - Kreisel 1, Idstein, HE, DEU, 65510
Serviceware SE is a provider of software solutions that help companies compete digitally with Enterprise Service Management (ESM) by improving service quality and efficiently managing service costs. The company's platform which includes software solutions for financial, processes, resources, knowledge, and performance. In addition, the company offers the infrastructure solutions and managed services necessary for operations securely and reliably.
73GF Score

Get the complete analysis for FRA:SJJ

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

€14.40
Price
€19.04
GF Value