ISMAY (Indra Sistemas) Cyclically Adjusted PS Ratio: 1.84 (As of Jul. 15, 2026) — 207% Above Median

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ISMAY Indra Sistemas SA ISMAY
87 GF Score
Price $27.70
GF Value $16.77
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Indra Sistemas Cyclically Adjusted PS Ratio?

Indra Sistemas ISMAY +3.84% 87 Cyclically Adjusted PS Ratio is 1.84 as of Jul. 15, 2026, which is 207% above its 10-year median of 0.60. GuruFocus rates ISMAY with a GF Score™ of 87/100 and a GF Value™ of $16.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,585 Software companies, Indra Sistemas ranks worse than 52.93% on this metric.

As of today (2026-07-15), Indra Sistemas's current share price is $27.70. Indra Sistemas's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $15.06. Indra Sistemas's Cyclically Adjusted PS Ratio for today is 1.84.

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

ISMAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.6   Max: 2.54
Current: 1.88

During the past years, Indra Sistemas's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 0.29. And the median was 0.60.

ISMAY's Cyclically Adjusted PS Ratio is ranked worse than
52.93% of 1585 companies
in the Software industry
Industry Median: 1.65 vs ISMAY: 1.88

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.

Indra Sistemas's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.390. 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 $15.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indra Sistemas  (OTCPK:ISMAY) 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.


Indra Sistemas Cyclically Adjusted PS Ratio Related Terms


Indra Sistemas Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Indra Sistemas'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.

Indra Sistemas Cyclically Adjusted PS Ratio Chart

Indra Sistemas 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 0.51 0.56 0.69 0.77 1.97

Indra Sistemas 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 1.18 1.59 1.64 1.97 1.87

ISMAY vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Indra Sistemas'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.


Indra Sistemas Cyclically Adjusted PS Ratio vs Software Industry

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

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


ISMAY
87GF Score
Indra Sistemas SA ISMAY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indra Sistemas 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.

Indra Sistemas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.70/15.06
=1.84

* 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.

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

For example, Indra Sistemas'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)
=4.39/129.8600*129.8600
=4.390

Current CPI (Mar. 2026) = 129.8600.

Indra Sistemas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.181 100.333 2.823
201609 2.119 99.737 2.759
201612 2.094 101.842 2.670
201703 1.781 100.896 2.292
201706 2.074 101.848 2.644
201709 2.496 101.524 3.193
201712 2.594 102.975 3.271
201803 2.154 102.122 2.739
201806 2.483 104.165 3.096
201809 2.352 103.818 2.942
201812 2.710 104.193 3.378
201903 2.149 103.488 2.697
201906 2.598 104.612 3.225
201909 2.315 103.905 2.893
201912 2.632 105.015 3.255
202003 2.099 103.469 2.634
202006 2.181 104.254 2.717
202009 2.237 103.521 2.806
202012 2.803 104.456 3.485
202103 2.315 104.857 2.867
202106 2.884 107.102 3.497
202109 2.488 107.669 3.001
202112 3.008 111.298 3.510
202203 2.429 115.153 2.739
202206 2.605 118.044 2.866
202209 2.496 117.221 2.765
202212 3.169 117.650 3.498
202303 2.540 118.948 2.773
202306 3.069 120.278 3.313
202309 3.037 121.343 3.250
202312 6.027 121.300 6.452
202403 3.489 122.762 3.691
202406 3.629 124.409 3.788
202409 3.448 123.121 3.637
202412 7.577 124.753 7.887
202503 3.579 125.531 3.702
202506 4.216 127.251 4.302
202509 3.886 126.840 3.979
202512 10.030 128.400 10.144
202603 4.390 129.860 4.390

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 1.84 mean?
Indra Sistemas (ISMAY) has a Cyclically Adjusted PS Ratio of 1.84 as of Jul. 15, 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 Indra Sistemas and its competitors. This is 207% above median its historical median of 0.60. Over the past decade, Indra Sistemas' Cyclically Adjusted PS Ratio has ranged from 0.29 to 2.54. According to the industry distribution chart, Indra Sistemas ranks #839 out of 1585 companies in the Software industry, placing it in the top 52.9%.
Is Indra Sistemas' Cyclically Adjusted PS Ratio too high?
Indra Sistemas' current Cyclically Adjusted PS Ratio of 1.84 is 207% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.54. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Indra Sistemas' value of 1.84 is 11.5% above this industry median. Based on the distribution chart, Indra Sistemas ranks #839 out of 1585 companies in the Software industry, which is below the industry midpoint. Overall, Indra Sistemas has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indra Sistemas' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Indra Sistemas ranks #839 out of 1585 companies for Cyclically Adjusted PS Ratio. This places Indra Sistemas in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Indra Sistemas' value of 1.84 is 11.5% above this benchmark. Historically, Indra Sistemas' own Cyclically Adjusted PS Ratio has ranged from 0.29 to 2.54 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.65, Indra Sistemas 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 1.65, based on 1,585 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. Indra Sistemas's current Cyclically Adjusted PS Ratio of 1.84 is 11.5% 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 Indra Sistemas 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. Indra Sistemas's current Cyclically Adjusted PS Ratio is 1.84, which is 207% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indra Sistemas stock overvalued right now?
Based on GuruFocus' analysis, Indra Sistemas (ISMAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.77, compared to a current price of $27.70 — trading 65.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.84, which is 207% above median its 10-year median of 0.60 and 11.5% above the Software industry median of 1.65. Indra Sistemas' overall GF Score™ is 87/100 with 4 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 Indra Sistemas (ISMAY), the current Cyclically Adjusted PS Ratio is 1.84 as of Jul. 15, 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 Indra Sistemas (ISMAY) Overvalued in 2026?

Based on GuruFocus' analysis, Indra Sistemas stock appears to be overvalued. The current stock price of $27.70 is trading 65.2% above its estimated GF Value™ of $16.77. GuruFocus considers Indra Sistemas to be Significantly Overvalued.

Key valuation signals for ISMAY:

  • Cyclically Adjusted PS Ratio: 1.84 (207% above median its 10-year median of 0.60)
  • GF Value™: $16.77 vs. price of $27.70 (65.2% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 11.5% above the Software median (#839 of 1585)

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


Indra Sistemas Business Description

Address Avenida de Bruselas, 35, Alcobendas, Madrid, ESP, 28108
Indra Sistemas SA is a Spain-based provider of information technology offerings for finance, insurance, public administration, airports, defense, healthcare, media, telecom, security, energy, and infrastructure end markets. Its product capabilities include analytics, cloud computing, enterprise resource planning, networks and communications, electoral processes, bus technology, subway technology, and sustainability solutions. The firm generates revenue in Europe, Africa, the Middle East, the Americas, and Asia-Pacific.
87GF Score

Get the complete analysis for ISMAY

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

$27.70
Price
$16.77
GF Value